Company Overview OptioRx is a dynamic premier national compounding pharmacy providing best in class patient care. We serve 50 states and are committed to fostering a team environment rooted in trust, innovation, efficiency, accountability, integrity, and energy. Position Summary 90% Remote The Pricing Analyst is responsible for developing, analyzing, and implementing pricing strategies that support organizational growth, profitability, and competitive positioning within the market. This role leverages market research, financial analysis, customer insights, and historical sales data to create pricing proposals for new and existing business opportunities. The Pricing Analyst partners closely with Sales, Finance, Operations, Onboarding, and Leadership teams to ensure pricing decisions align with business objectives, market conditions, customer needs, and revenue goals. Essential Duties
- Develop pricing proposals for new and prospective business opportunities using established pricing methodologies and organizational guidelines.
- Analyze historical sales, customer utilization, market trends, and competitive data to recommend pricing strategies that support revenue growth and profitability.
- Research competitor pricing, reimbursement trends, and market conditions to assess pricing competitiveness and identify opportunities.
- Build, maintain, and enhance pricing models, forecasting tools, and analytical reports to support business decision-making.
- Develop, track, and report key performance indicators (KPIs) related to pricing, sales performance, customer growth, and profitability.
- Monitor forecasted business performance against actual results and analyze variances to identify trends, risks, and opportunities.
- Conduct profitability, margin, and financial analyses to support pricing recommendations and initiatives.
- Act as a thought leader on the creation of dashboards, reports, and presentations that translate pricing program into actionable data
- Track customer engagement and sales trends to provide data-driven recommendations that support business development efforts.
- Partner with Sales, Finance, Operations, and Onboarding teams to ensure pricing strategies align with organizational objectives and operational capabilities.
- Maintain pricing governance standards and ensure pricing recommendations comply with established policies and approved methodologies.
- Continuously validate customer pricing in conjunction with Billing and Pharmacy systems teams.
- Identify opportunities to improve pricing processes, reporting capabilities, and analytical tools to increase efficiency and scalability.
- Stay informed on industry trends, pharmacy pricing developments, and market conditions that may impact business performance. Non-Essential Duties
- Participate in special projects, strategic initiatives, and business improvement efforts.
- Assist with implementation, testing, and optimization of pricing systems, reporting tools, and business intelligence platforms.
- Support database maintenance, data integrity initiatives, and process documentation.
- Develop training materials and internal resources related to pricing methodologies and reporting processes.
- Assist with audit requests and provide documentation supporting pricing and financial analyses.
- Provide backup support for analytical and reporting functions during team absences.
- Attend professional development and industry training opportunities to remain current on pricing strategies and market trends.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, Data Analytics, Healthcare Administration, Supply Chain Management, or a related field preferred.
Equivalent combinations of education and relevant experience may be considered. 3-5 years of experience in Financial Planning & Analysis (FP&A), pricing analysis, revenue management, business analytics, financial analysis, or related disciplines.
- Experience creating executive-level reports, dashboards, scorecards, KPI metrics, forecasting models, profitability analyses, and business performance dashboards.
- Knowledge of forecasting methodologies, variance analysis, financial modeling, and pricing strategy development. Experience building forecasting models, profitability analyses, KPI reporting, and business performance dashboards.
- Experience with pharmacy pricing preferred; experience in other healthcare services may be considered.
- Working knowledge of pharmaceutical pricing, healthcare operations, or pharmacy operations preferred.
- Strong analytical, quantitative, and critical-thinking skills. Experience working with large datasets, databases, and reporting tools. Advanced proficiency in Microsoft Excel, including pivot tables, lookups, financial modeling, and data analysis. Experience with SQL, Power BI, Tableau, Microsoft Fabric, or similar business intelligence platforms preferred. Core Competencies
Analytical Thinking :
Uses quantitative and qualitative data to identify trends, evaluate pricing opportunities, solve complex business problems, and support strategic decision-making.
Business Acumen :
Understands the relationship between pricing strategies, revenue growth, profitability, customer retention, and organizational objectives.
Financial Analysis :
Applies financial principles, forecasting techniques, and profitability modeling to support sound pricing recommendations and business decisions.
Communication :
Effectively translates complex analytical findings into clear, actionable recommendations for technical and non-technical audiences.
Collaboration :
Builds productive partnerships across Sales, Finance, Operations, Onboarding, and Leadership teams to achieve organizational goals.
Detail :
Maintains a high degree of accuracy and consistency when analyzing pricing, financial, operational, and customer data.
Continuous Improvement :
Identifies opportunities to improve analytics, reporting capabilities, pricing methodologies, and business processes through innovation and technology.
Join us at OptioRx where your analytical expertise will directly influence strategic decisions that shape the future of healthcare delivery!
Job Type:
Full-time Pay:
$70,000.00 - $90,000.00 per year
Benefits:
401(k) Dental insurance Disability insurance Flexible spending account Health insurance Health savings account Life insurance Paid time off Vision insurance
Work Location:
Hybrid remote in Northbrook, IL 60062