Pricing Analyst - REMOTE

Reposted 4 Days Ago
Be an Early Applicant
Hiring Remotely in Home, PA
In-Office or Remote
66K-106K Annually
Junior
Insurance
The Role
The Pricing Analyst performs financial analysis, pricing modeling, and data reporting, utilizing analytics to optimize pricing strategies and support business decisions.
Summary Generated by Built In

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 - REMOTEJob 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

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

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

Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

Potential pay for this position ranges from $66,000.00 - $106,000.00 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 (including pregnancy), 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.

Top Skills

Alteryx
Python
R
SAS
SQL
Tableau
Teradata
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Eagan, MN
3,577 Employees
Year Founded: 1987

What We Do

Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years.

In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US.

In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products:
• NetResults™
• Specialty Drug Management
• Best in Care™
• GuidedHealth®
• Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations
• Prime Analytics™
• CareCentered Contracting™Controlled Substance Management Program

Join us!
Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career.

At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact.

Follow Prime on LinkedIn to learn more.

Similar Jobs

In-Office or Remote
Home, PA, USA
3577 Employees
81K-138K Annually

Availity, LLC Logo Availity, LLC

Operations Analyst

Healthtech • Information Technology • Software
Remote
United States
1441 Employees
In-Office or Remote
44 Locations
5202 Employees

DigiCert Logo DigiCert

Pricing Analyst

Security • Software • Cybersecurity
Remote
United States
1372 Employees

Similar Companies Hiring

Spark Advisors Thumbnail
Software • Sales • Other • Insurance • Healthtech
New York, NY
110 Employees
New York Life Insurance Company Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Cloud • Big Data Analytics • Artificial Intelligence
New York, NY
34623 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account