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Sr. Market Pricing Analyst - REMOTE
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
Sr. Market Pricing Analyst - REMOTE
Job Description
The Senior Market Pricing Analyst serves as a trusted partner to our health plan clients by participating in the assessment of value generated by Prime\'s programs and leverages this insight to contribute to the development of new or enhanced financial pricing strategies. This position will also lead complex financial pricing analyses and provide consultation and analytic insight to internal and external stakeholders.
Responsibilities
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Recommend new and revised financial pricing strategies based on analysis of pharmacy claims data, average wholesale drug prices (AWP), health plan margin target guidelines and other relevant data of varying complexity within the pharmacy economic supply chain; utilize analytics to explore data, identify trends, and draw profitability, margin, and costs insights from multi-faceted and high dimensional financial pricing data
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Collaborate with sales and account management team as well as other internal functional areas to execute go-to-market strategies in accordance with health plan partner goals within their specific markets
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Interpret financial performance reports to monitor performance against pharmacy claims data and identify financial pricing opportunities to drive savings and/or meet client/pharmacycontractual obligations using analytic tools and complex financial pricing methodologies
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Work with plans to understand current market conditions and how to incorporate important contract language, terms and conditions to ensure maximum protection against financial risk
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Act as a financial pricing subject matter expert by educating internal/external stakeholders on financial pricing programs and interpretation of financial pricing data and reporting
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Create, recommend, implement pharmacy financial pricing targets for use by plans sponsors for use in their employer markets. This includes stratifying groups into different pricing tiers to achieve maximum profit while aiding in meeting contractual commitments
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Assist account teams in client education relative to Prime programs and market positioning strategies
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Other duties as assigned
Education & Experience
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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
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5 years of work experience in pricing or financial analysis to include 3 years of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and/or related field
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Previous experience using SQL, SAS, Alteryx, R, Python or related technologies
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Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
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Demonstrated ability to problem solve and interpret complex data
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Ability to establish rapport and effectively influence at all levels within an organization
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Excellent communication and cross functional collaboration skills
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Ability to present complex data to a wide variety of audiences at all levels within and organization
Preferred Qualifications
- Experience in Data Analytics
Physical Demands
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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
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Constantly required to sit, use hands to handle or feel, talk and hear
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Frequently required to reach with hands and arms
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Occasionally required to stand, walk and stoop, kneel, and crouch
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Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
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Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.
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, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local 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.
Prime Therapeutics\' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today\'s health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.
If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people\'s lives.
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, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local 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.
If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human or email .
Experience: 5 years required