Prime Therapeutics Pricing Analyst Sr in Hartford, Connecticut
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 Sr
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.
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
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
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 within an organization
Excellent communication and cross functional collaboration skills
Ability to present complex data to a wide variety of audiences at all levels within and organization
Experience in Big Data and Data Analytics
Advanced user of one or more of the following: Tableau, SQL, SAS, Alteryx, Teradata, R, or Python technologies
Advanced pricing and profitability modeling experience
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
- Reports to Manager, Director, or Senior Director in the Network Management or Pricing Planning & Analysis department
Potential pay for this position ranges from $82,200.00 - $123,400.00 based on location, experience and skills.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.