Sr. Pricing Analyst - Pharmacy Network - Remote
Home, United States
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. Pricing Analyst - Pharmacy Network - RemoteJob Description
The Senior Pricing Analyst participates 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 highly complex financial pricing analyses, and provide consultation and analytic insight to internal and external stakeholders.
Responsibilities
- Recommend new and revised financial pricing programs based on analysis of pharmacy claims data, average wholesale drug prices (AWP), 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
- Develop financial pricing models to monitor performance against pharmacy claims data and identify financial pricing opportunities to drive savings and/or meet client/pharmacy contractual obligations using analytic tools and complex financial pricing methodologies
- Apply mathematical, statistical, and economic techniques to identify key drivers of costs and profitability in the pharmacy economic supply chain as they apply to financial pricing programs, and propose and implement changes to improve accuracy of financial pricing modeling
- Act as a financial pricing subject matter expert by educating internal/external financial pricing stakeholders on financial pricing programs and interpretation of financial pricing data and reporting
- Create, recommend, implement pharmacy financial pricing targets for use by Providers Relations teams and/or pharmacy/client guarantee management processes
- 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
- 5 years of work experience in pricing or financial analysis using large data sets and complex queries to include 3 years 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
- Previous experience with data modeling, data analysis, and data management principles using SQL, SAS, Alteryx, R, Python or related technologies
- Demonstrated ability to problem solve and interpret complex data
- Ability to establish rapport and effectively influence at all levels …
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Must be eligible to work in the United States Must be eligible to work in the United States without visa sponsorship Tobacco-free workplace
Benefits/Perks Tasks- Analyze pharmacy claims data
- Develop financial pricing models
- Implement changes
Alteryx Big Data Claims processing Communication Data analysis Data Management Data Modeling Financial analysis Healthcare Pharmacy benefit management Pricing strategies Python R SAS SQL Statistical techniques Teradata
Experience5 years
EducationAccounting Bachelor's degree Business Finance GED High school diploma IT Related area Related Field
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9