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True Rx Management Services
Washington, IN | Full Time
$63k-78k (estimate)
3 Weeks Ago
Pricing Analyst
$63k-78k (estimate)
Full Time | Business Services 3 Weeks Ago
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True Rx Management Services is Hiring a Pricing Analyst Near Washington, IN

Join Our Team as a Pricing Analyst at True Rx Health Strategists!

Are you ready to make a strategic impact in the healthcare industry? True Rx Health Strategists is looking for a dynamic and driven Pricing Analyst to elevate our client satisfaction, boost our competitiveness, and drive profitability. If you are passionate about analyzing data, assessing risk, and developing innovative pricing strategies, we want to hear from you!

Work in office: 0%; Work from home: 100% *with expectations of in-office as needed for meetings and trainings*

What You’ll Do:

  • Lead Pricing Initiatives: Manage and execute all pricing analysis strategies within the organization to drive business growth.
  • Client and Prospect Evaluation: Analyze utilization and financial data to develop profit-enhancing strategies.
  • Collaborative Strategy Development: Work with business development and operations teams to implement competitive pricing models.
  • Risk Management: Conduct thorough research and analysis to make informed recommendations, minimizing unnecessary risks.
  • Data-Driven Insights: Produce detailed reports, identify trends, and verify data sources to support strategic decisions.
  • Process Improvement: Proactively seek opportunities to enhance processes and programs for better efficiency.
  • Industry Expertise: Stay ahead in a fast-paced environment, utilizing predictive modeling and advocating for clients or patients.

What You Bring:

  • Educational Background: Bachelor’s Degree in Finance, Business, or equivalent experience preferred.
  • Leadership Experience: Proven leadership abilities with at least 3 years in drug pricing/financial analysis or related managed care industry roles.
  • Analytical Skills: Exceptional mathematical and statistical knowledge, with experience in spreadsheets and databases.
  • Critical Thinking: Strong problem-solving abilities and excellent communication skills.
  • Industry Knowledge: Previous experience in Pharmacy Benefit Management (PBM) is highly preferred.

True Rx Health Strategist Benefits:

  • Path to Wellness: Health, Vision, & Dental Insurance, Health Savings Account, and Wellness Incentives for a balanced life.
  • Financial Fitness: 401k Matching and Employer-Provided Life Insurance to secure your future.
  • Work-Life Harmony: Flex Time, Hybrid/Fully Remote Work, Paid Time Off, and 8 Paid Holidays for a well-rounded lifestyle.

Our Story:
We’ve been pharmacy innovators since the Wright Brothers took flight. For more than 120 years, we have been innovating pharmacy solutions and taking care of patients. True Rx Health Strategists is led by a fourth generation of pharmacists. We are family-owned and continue to provide caring service for clients and patients. Our team of pharmacists and strategists delivers proven programs that find maximum savings and minimum disruption by creating a benefits plan that fits the unique needs of clients and patients. Learn more about us here.

Our Mission:

True Rx Health Strategists cultivates health, integrity, innovation, and care to transcend pharmacy benefit solutions for employers and patients.

Learn more about our remarkable team members.

Our Promise:

As a pharmacist-led company, True Rx Health Strategists has an oath to treat members as patients. With our experience as health care providers, we protect companies against waste in health care spending and work hard to improve the health of employees every day. We get to improve lives by treating employees as our patients. Here are a few words from one of those lives.

True Rx Health Strategists hires equally for culture fit and technical skills and experience. If you have the aptitude and attitude, we can help you grow your career through training, mentoring, increasing responsibility, and being around other rock star team members.

True Rx Health Strategists is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$63k-78k (estimate)

POST DATE

05/23/2024

EXPIRATION DATE

07/21/2024

WEBSITE

true-rx.com

HEADQUARTERS

WASHINGTON, IN

SIZE

50 - 100

FOUNDED

2006

TYPE

Private

CEO

MARK WILLIAMS

REVENUE

$10M - $50M

INDUSTRY

Business Services

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The job skills required for Pricing Analyst include Pricing, Analysis, Insight, Initiative, Problem Solving, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

Butler University
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