Principal Pricing Analyst

Role Description

The Principal Pricing Analyst will be responsible for enhancing and improving the pricing process and models to align with the Company’s pricing strategy, focused on the Provider Business Unit software products.

• Enhance the pricing process to more closely align with the Company’s pricing strategy.
• Improve pricing models to better leverage existing internal market and product intelligence, enhancing the accuracy of pricing and better articulating the value proposition of the company’s product offerings.
• Assume hands-on role in transitioning and maintaining Excel pricing models into Salesforce CPQ system.
• Support mid-size to large size Business Unit in Pricing Strategy and Contract reviews.
• Develop and prepare complex pricing proposals in response to customer requirements.
• Create and own tracking system for all financial exceptions in customer contracts.
• Collaborate closely with Inside/Outside Sales, Finance, Legal, and Product Development teams.
• Own monthly, quarterly, and ad hoc management reporting and supporting analysis and insight by providing support to FP&A Team.
• Promote and ensure compliance with the company’s standard pricing processes.
• Maintain compliance with Inovalon’s policies, procedures, and mission statement.
• Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures.
• Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer.

Qualifications

• 8+ years of experience in pricing, finance, sales operations, business management, technology or relevant experience.
• Ability to meet deadlines and work under pressure on multiple concurrent projects.
• Excellent analytical skills and the ability to extrapolate data, interpret, and create course of action; strong Excel skills, particularly the ability to build and enhance models.
• Experience with business technologies especially Salesforce.com.
• Strong project management skills and experience.
• Ability to keep track of timelines and deliverables work under firm deadlines within a rapidly changing environment involving multiple projects and initiatives.
• Excellent verbal, presentation and written communication skills.
• Experience with Configure-Price-Quote technology a plus.

Requirements

• Associate’s Degree in relevant field, Bachelor’s Degree preferred.

Benefits

• Competitive Salary and Benefits Package.
• Performance-based incentives may be available.
• Health insurance, life insurance, company-paid disability, 401k.
• 18+ days of paid time off.
• Base Compensation Range: $112,600 — $150,000 USD.