Salary
💰 $66,000 - $106,000 per year
Tech Stack
PythonSQLTableau
About the role
- The Pricing Analyst maintains, provides analyses, consults and conducts financial modeling in support of Prime's financial pricing programs and/or underwriting functions.
- This position uses analytics to develop reporting, models and methodologies in support of Prime's financial pricing strategies and assists with high-complexity pricing analyses.
- Analyze and produce pharmacy claims data reporting of varying complexity to assess competitiveness & accuracy of Prime's financial pricing programs against adjudicated claims to identify trends and draw insights to provide pricing recommendations
- Apply mathematical, statistical, and economic techniques to analyze multi-faceted and high dimensional pharmacy supply chain economic data, including market pricing, to draw conclusions, adjust drug pricing, and update forecasts based on market
- Verify the integrity of data used for analysis of Prime's financial pricing programs, including data extraction, storage, manipulation, processing and analysis
- Analyze claims data of varying complexity to identify and mitigate financial pricing issues that impact client and pharmacy financial pricing guarantee management
- Assist in achieving pricing objectives using analytic tools to develop financial pricing models, dashboards, trend reporting, profitability, margin, and savings analyses
- Collaborate with internal stakeholders to identify and define financial pricing requirements and assist with developing solutions to achieve financial pricing objectives
- Other duties as assigned
Requirements
- Bachelors degree in applied math, statistics, engineering, accounting, finance, economics, business, computer sciences or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
- 2 years of work experience in pricing or financial analysis to include 1 year of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and/or related field
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
- Demonstrated understanding of data modeling, data analysis, and data management principles using SQL, SAS, Alteryx, R, Python or related technologies
- Detail oriented and ability to work with a high degree of accuracy
- Demonstrated ability to problem solve and interpret complex data
- Ability to work independently and meet strict deadlines
- Excellent communication and cross functional collaboration skills
- Experience creating pricing and profitability models
- Experience in PBM pricing
- Experience in Big Data and Data Analytics
- Experience using Tableau, SQL, SAS, Alteryx, Teradata, R, or Python technologies