Description
The Principal Pricing Analyst leads complex analyses, financial modeling, and reporting to create new business insights and strategies for Prime’s financial pricing programs and will drive the strategic vision for financial pricing analyses and reporting.
Will also provide complex consultation and analytic insight to internal and external stakeholders and is a primary contact for financial pricing information.
Responsibilities
- Provide leadership and subject matter expertise on Prime’s financial pricing programs
- Develop analytic recommendations that directly impact Prime’s financial pricing strategies, financial contract management, profit drivers and the organization’s financial value statement
- Lead the development of financial analytic pricing methodologies, models, reports and new products to drive and influence business decisions and outcomes
- Demonstrate advanced knowledge of Prime’s financial pricing practices and analytic models; develop solutions to a variety of complex problems
- Drive enterprise-wide transformation and process improvement to financial pricing analytics processes and programs
- Other duties as assigned
Minimum Qualifications
Bachelor’s 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
- 8 years of work experience in pricing or financial analysis to include 5 years of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and / or related field
- 3 years of experience using Tableau, SQL, SAS, Alteryx, Teradata, R, or Python technologies
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
- Extensive PBM industry knowledge and deep understanding of the financial levers of a PBM; ability to articulate the industry trends to internal and external clients, and the impact of trends and changes to PBM and client financials
- Ability to establish rapport and effectively influence at all levels within an organization
- Expert ability to communicate effectively and present complex data to a wide variety of audiences
- Expert influencing skills to drive change and adoption of new analytic capabilities to support pricing financial analytics
Preferred Qualifications
- Master’s degree in Business Administration, Finance, Health Care Administration, Statistics, Computer Science, Math or related area of study
- Experience in Big Data and Data Analytics
Minimum Physical Job Requirements
- Ability to work in a flexible schedule which may include weekends, holidays, or shifts outside of Prime’s core business hours of 9 : 00am-3 : 00pm
- Constantly required to sit, use hands to handle or feel, talk and hear
- Frequently required to reach with hands and arms
- Occasionally required to stand, walk and stoop, kneel, and crouch
- Occasionally required to lift and / or move up to 10 pounds and occasionally lift and / or move up to 25 pounds
- Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
Reporting Structure
Reports to Director or Senior Director in the Network Management or Pricing Planning & Analysis department
Potential pay for this position ranges from $109,000.00 - $174,000.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.
To review our Benefits, Incentives and Additional Compensation, visit our and click on the "Benefits at a glance" button for more detail.
Positions will be posted for a minimum of five consecutive workdays.