Associate Pricing Analyst

Inspire Medical Systems Inc.Minneapolis, MN
$75,000 - $85,000Onsite

About The Position

Inspire Medical Systems is seeking an Associate Pricing Analyst to support revenue and profit optimization. This role involves assisting in the development of pricing strategies, analyzing market conditions, and supporting pricing and contracting operations. The Associate Pricing Analyst will be part of the Pricing & Contracting Team, contributing to the improvement of pricing strategies and processes. Collaboration with sales, finance, marketing, and operations teams is essential for managing the company's pricing and contract capabilities.

Requirements

  • Bachelor’s degree required.
  • 1-3 years of relevant experience or strong academic background in pricing models, business analytics, or economics.
  • Excellent proficiency in Excel and PowerPoint.
  • Project management skills.

Nice To Haves

  • Medical device or healthcare industry experience a plus.
  • Strong analytical and problem-solving skills.
  • Experience with market research and competitive analysis.
  • Basic understanding of pricing strategies and market dynamics.
  • Strong communication and teamwork skills.
  • Comfort working in a collaborative, cross-functional environment.

Responsibilities

  • Manage rebate program operations, including calculating rebate eligibility, validating customer compliance, and ensuring accurate and timely payments.
  • Analyze rebate program performance and customer participation trends to provide insights and recommendations for optimization.
  • Partner cross-functionally with Sales, Finance, Contracting, and Customer Service to implement rebate programs, resolve inquiries, maintain documentation, and ensure compliance.
  • Assist in analyzing market data to identify opportunities for pricing optimization.
  • Help evaluate existing pricing strategies and suggest improvements.
  • Support the implementation and ongoing management of pricing programs.
  • Assist with the development and maintenance of tools, systems, and processes for pricing and contracting.
  • Support the preparation of reports on pricing trends, market insights, and price drivers.
  • Assist in the analysis of key performance indicators (KPIs) for pricing programs.
  • Provide support on contracting analytics.
  • Assist in the creation and training of sales teams on pricing guidelines.
  • Help enforce governance policies and assist in managing pricing & contracting tools and systems.

Benefits

  • Multiple health insurance plan options.
  • Employer contributions to Health Savings Account.
  • Dental, Vision, Life and Disability benefits.
  • 401k plan + employer match.
  • Identity Protection.
  • Flexible time off.
  • Tuition Reimbursement.
  • Employee Assistance program.
  • Equity awards and the Employee Stock Purchase Program.
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