Pricing Analyst

Pharmacy Data Management, Inc.•Youngstown, OH

3d•Remote

About The Position

The Pricing Analyst supports PDMI’s Finance Department by analyzing pricing structures, monitoring client utilization, and providing financial insights to inform business decisions in support of the company’s strategic goals and client commitments. The role partners cross-functionally to ensure accurate pricing offers, prepare financial reports, and maintain compliance with industry and contractual requirements. PDMI provides pharmacy data processing and other flexible, scalable solutions, including pharmacy benefit administrative services, 340B administration, and hospice and long-term care services. This is a fully remote opportunity available from approved locations within the U.S. The position may also involve other related duties as assigned. Employment is at-will. Offers are contingent upon successful completion of a pre-employment background check, including employment and education verification, and a 4-panel drug screen.

Requirements

Proficiency in Microsoft Office, including Outlook, Teams, Excel, and Word.
Advanced Microsoft Excel skills, including data manipulation and financial equations.
Data reporting and analysis experience using tools such as SQL, Tableau, or Power BI.

Nice To Haves

Bachelor’s degree in Accounting, Finance, Business, or Healthcare Analytics.
Two or more years of related work experience.
Experience in the PBM or pricing analytics industry.

Responsibilities

Assist in analyzing pricing estimates for prospective and current clients.
Communicate with Sales and Client Services to support timely delivery of pricing offers.
Develop and maintain knowledge of pricing factors, including pharmacy rates, client line of business, MAC, industry standards, and implementation requirements.
Use analytical tools to monitor network performance and ensure contract compliance.
Collaborate cross-functionally to support the manufacturer rebate process from claim submission through payment reconciliation.
Partner with Development to automate pricing estimates and maintain accurate pricing tables.
Prepare ad hoc financial reports and analyses, including cost/benefit analyses, rate analyses, win/loss ratios, and competitive intelligence.
Analyze historical claims utilization and prepare client utilization reports.
Support pharmacy contract negotiations with financial impact analyses.
Assist with reporting and data extraction as needed.
Create and publish policies, procedures, and quality assurance standards for pricing practices.
Ensure proper storage and retention of pricing documentation.