ABOUT THIS POSITION
The Commercial Pricing Analyst plays a crucial role in the organization to develop, implement, and analyze our pricing strategies to maximize profitability and market share. This role will work with cross-functional teams to develop pricing models and strategies that align with the company’s financial goals and market positioning. This may include setting prices for new products, adjusting prices for existing products, and determining discount and promotion strategies.
A successful candidate for this position is expected to develop a broad knowledge of Waystar’s business, industry, and operations to support analysis and decision making at all levels of the organization.
WHAT YOU'LL DO
- Drive business value and performance through pricing improvements and analytics
- Execute on the price increase plan to ensure notifications and implementations occur accurately and on schedule
- Assist in developing, implementing, and testing pricing process improvements
- Using statistical techniques, create reports showing effectiveness of pricing activities
- With support of the Director of Pricing, complete special projects to support the overall pricing strategy
- Prepare reports and presentations to communicate pricing strategies, analysis findings, and recommendations to senior management and other stakeholders
- Balance competitive pricing with profitability, ensuring that pricing strategies are both effective and sustainable in the long term
- Proactively identify opportunities for improvement by analyzing internal and external trends, results, and other sources
WHAT YOU'LL NEED
- Bachelor’s degree in finance, business, economics, statistics, quantitative marketing, data science, or another quantitative field
- 3+ years of experience working in pricing, FP&A, or other finance-related fields, and have advanced analytical skills and ability to distill complex analyses for management
- Demonstrated proficiency in Excel for data manipulation, complex modeling, and statistical analysis
- Detail-oriented with the ability to rapidly learn and take advantage of new concepts, business models, and technologies
- Understanding of statistics and statistical modeling, with a desire to develop statistics skill set
- Ability to work cross-functionally to collect input and drive optimal pricing solutions
- Passion for learning and self-development with a desire to learn all Waystar products
- Highly organized with the ability to prioritize and execute many concurrent tasks
- Capable of managing multiple work streams and projects simultaneously, on time, and on budget
BONUS POINTS
- Master’s degree in finance, business, economics, statistics, quantitative marketing, data science, or another quantitative field
- Familiarity with Salesforce, CPQ, and contracting tools
- Experience in a healthcare or tech / software organization
- Knowledge of market research methodologies and tools
ABOUT WAYSTAR
Through a smart platform and better experience, Waystar helps providers simplify healthcare payments and yield powerful results throughout the complete revenue cycle.
Waystar’s healthcare payments platform combines innovative, cloud-based technology, robust data, and unparalleled client support to streamline workflows and improve financials so providers can focus on what matters most: their patients and communities. Waystar is trusted by 1M+ providers, 1K+ hospitals and health systems, and is connected to over 5K commercial and Medicaid/Medicare payers. We are deeply committed to living out our organizational values: honesty; kindness; passion; curiosity; fanatical focus; best work, always; making it happen; and joyful, optimistic & fun.
Waystar products have won multiple Best in KLAS® or Category Leader awards since 2010 and earned multiple #1 rankings from Black Book™ surveys since 2012. The Waystar platform supports more than 500,000 providers, 1,000 health systems and hospitals, and 5,000 payers and health plans. For more information, visit waystar.com or follow @Waystar on Twitter.
WAYSTAR PERKS
- Competitive total rewards (base salary + bonus, if applicable)
- Customizable benefits package (3 medical plans with Health Saving Account company match)
- Generous paid time off starting at 3 weeks + 13 paid holidays including 2 personal floating holidays
- Paid parental leave (including maternity + paternity leave)
- Education assistance opportunities and free LinkedIn Learning access
- Free mental health and family planning programs, including adoption assistance and fertility support
- 401(K) program with company match
- Pet insurance
- Employee resource groups
Waystar is proud to be an equal opportunity workplace. We celebrate, value, and support diversity and inclusion. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Top Skills
What We Do
Waystar provides market-leading technology that simplifies and unifies healthcare payments. Our cloud-based platform streamlines workflows and improves financials for healthcare providers of all kinds, and brings more transparency to the patient financial experience.
The Waystar platform is used by more than 450k providers, 750 health systems and hospitals, and 5k health plans—and integrates with all major HIS and practice management systems.
The financial and administrative challenges facing healthcare providers are daunting. Waystar’s technology platform simplifies and unifies healthcare payments across the revenue cycle. We empower healthcare organizations to automate manual work, gain insight into processes and performance, and ultimately collect more revenue.
At Waystar, we know there’s a better, more efficient way forward. Let’s climb the mountain ahead of us to reach new heights in healthcare.
