What are the responsibilities and job description for the Pricing Analyst I position at Serve You Rx?
Description
Under general supervision, the Pricing Analyst I provides analytical, quantitative, and financial cost modeling assistance in support of Sales, Account Management, and the management team. Assists with development of externally facing pricing materials, including responding to Requests for Proposals (RFPs), generating renewal pricing proposals, and generating new business pricing proposals.
What You’ll Do
As the Pricing Analyst, you will:
Serve You Rx is a full-service pharmacy benefit manager (PBM) with unquestionable flexibility and an unwavering commitment to doing what's best for its clients. With a fervent focus on those it serves, including insurance brokers, consultants, third-party administrators, and their clients, Serve You Rx delivers exceptional service and tailored, cost-effective benefit solutions. Independent and privately held for nearly 40 years, Serve You Rx can implement new groups in 30 days or less and say "yes" to a wide variety of viable solutions. Known for its adaptability, quality, and client-centricity, Serve You Rx aims to be a benchmark for better client service.
The company offers generous benefits to include: medical (HMO and PPO), dental, vision, 401k, HSA, identity theft and legal coverage, pet insurance, paid parental leave, and 18 days of paid time off in your first year.
About The Organization
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.
Under general supervision, the Pricing Analyst I provides analytical, quantitative, and financial cost modeling assistance in support of Sales, Account Management, and the management team. Assists with development of externally facing pricing materials, including responding to Requests for Proposals (RFPs), generating renewal pricing proposals, and generating new business pricing proposals.
What You’ll Do
As the Pricing Analyst, you will:
- Assist in preparation and development of new business and renewal pricing proposals and supporting documentation.
- Assist in analytical, quantitative, and financial cost modeling for clients in collaboration with senior members of the team, Strategic Account Executives, and Clinical Account Executives.
- Assist in performing variance analysis reports for newly implemented and renewed clients to measure accuracy of forecasts and identify potential risks to the company’s financial interests.
- Assist in development and formulation of pricing related programs for new and existing clients and provide analytical consultation for project work where needed.
- Assist the proposal team with responding to complex RFPs in a timely and efficient manner.
- Assist in the annual budgeting process for new business revenue and cost of sales and perform variance analysis on monthly performance of new business against budgeted amounts.
- Maintain financial and operational dashboards related to new business and renewals, including key profitability metrics and interactive reports.
- May provide technical direction to support staff. Use existing procedures to solve routine and non-routine problems. Has limited discretion to vary from established procedures by performing structured work assignments. Receives instruction, guidance, and direction from others.
- Complete other duties as assigned.
- Bachelor’s degree in Business, Computer Science or equivalent combination of education and experience; concentration in math, statistics, or actuarial science preferred.
- Previous related experience preferred (e.g. complex analysis within Excel, basic knowledge of SQL, Alteryx, R, Python, and/or PowerBI).
- Statistical/analytical analysis in healthcare field and/or analysis of claims data preferred.
- Able to adjust to changing priorities and meet deadlines.
- Solid presentation skills including written, visual and verbal formats to a variety of internal audiences.
- Strong technology skills, including MS Excel, MS Word, and self-service query and reporting tools.
- Solid communication skills and the ability to listen critically and interact with individuals at all levels of the organization.
- Solid problem analysis skills to include the use of mathematical concepts to validate results.
- Developing analytical skills with the ability to collect, organize, disseminate, and present significant amounts of information with an attention to detail and accuracy.
Serve You Rx is a full-service pharmacy benefit manager (PBM) with unquestionable flexibility and an unwavering commitment to doing what's best for its clients. With a fervent focus on those it serves, including insurance brokers, consultants, third-party administrators, and their clients, Serve You Rx delivers exceptional service and tailored, cost-effective benefit solutions. Independent and privately held for nearly 40 years, Serve You Rx can implement new groups in 30 days or less and say "yes" to a wide variety of viable solutions. Known for its adaptability, quality, and client-centricity, Serve You Rx aims to be a benchmark for better client service.
The company offers generous benefits to include: medical (HMO and PPO), dental, vision, 401k, HSA, identity theft and legal coverage, pet insurance, paid parental leave, and 18 days of paid time off in your first year.
About The Organization
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.