Lead Pricing Analyst

Highmark • Pittsburgh, PA

66d

About The Position

This role is pivotal in shaping the strategic direction of the pricing function within the applicable business unit. It involves leading in-depth research and analysis to inform dynamic pricing strategies for various products, including the development of sophisticated pricing models tailored to specific product offerings. A key aspect of this position is fostering strong cross-functional partnerships to gather critical market intelligence and product insights essential for strategic pricing decisions. This individual will actively engage with product teams to gain a comprehensive understanding of our offerings, translating that knowledge into innovative pricing approaches. Furthermore, this role is responsible for strategically contributing to and supporting the organization's responses to Requests for Proposals (RFPs), ensuring competitive and profitable bids. This role contributes significantly to strategic financial planning by providing expert recommendations for optimizing pricing and revenue generation across the enterprise.

Requirements

• Bachelor's Degree in Finance, Business, or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.
• 5 years with Estimation & Pricing.
• 5 years in a complex matrixed environment.

Nice To Haves

• Master's Degree in Finance, Business, or related field.
• Strategic Thinking & Planning.
• Financial Modeling & Analysis.
• Market Research & Competitive Analysis.

Responsibilities

• Facilitates the completion of all pricing reviews and ensures all pricings are approved per established policies. May work on more complex reviews.
• Leverages advanced analytic capabilities to support analysis and reporting within the pricing function.
• Develop strategy and analysis incorporating project management leadership.
• Drives results and resolves issues through communication with internal partners, locations and divisions.
• Ensures all policy and process documentation is up to date including pricing assumptions, average cost rates, overhead percentages, etc.
• Serves as an escalation point across the business regarding pricing reviews and serves as a lead to others in members of the pricing team.
• Other duties as assigned or requested.

What This Job Offers

• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees