Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Pricing Analyst - REMOTE
Job Description
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.
Responsibilities
- 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
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
- 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
Additional Qualifications
- 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
Preferred Qualifications
- 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
- Proficient in Excel
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 Manager or Director in the Network Management department
Potential pay for this position ranges from $64,700.00 - $97,100.00 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
Benefits Page and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), expecting or parents-to-be, or any other basis protected by law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.
