Business Analyst

Pricing & Contracts:

• Conduct key pricing analysis and assessments, including collaborating with key counterparts in sales, marketing, finance and supply chain.
• Manage approved pricing recommendations, including analytical support, customer communications materials, and field sales communications.
• Prepare and present pricing analysis and recommendations to the finance, sales and marketing, and pricing committee.
• Administer product launches, price adjustments and RFP’s.
  • Follow up with NAM’s on offers sent to customer.
• Outline and make the necessary changes/recommendation for Terms and Conditions for Business approval.
  • Make changes/recommendation for key business risks.
  • Work closely with legal dept. to identify key legal risk
  • Work with other internal teams to remediate other points of contention.
• Provide monthly notification to field Sales of customer proposals/contracts outstanding and contracts due to expire.
• Investigate, resolve and respond to internal and external inquiries about pricing.
• Maintain all pricing and contract files and folders.
  • Perform various administrative tasks for all divisions with regards to Pricing and Contracts.
• Maintain Bid Management
  • Rebates
  • Products
  • Tier Pricing
  • Rating of Product
  • Liaison between IT and P&C to ensure data function of Bid Management

Business Analysis

• Ensure finance has correct NSP’s in the profitability report
• Create budget numbers for National Account Managers
• Track budget achievements to the National Account Managers monthly
• Perform bid success evaluation and tracking of other Analysts
• Insure maintenance of all competitive data
• Assist in Modeling for Bid Opportunities
• Perform evaluations for third party chargeback data to determine prospective issues and opportunities
• Review customer purchasing compliance and address with Sales
• Create Monthly, Quarterly Business Review and Sales in the Power Point Presentations format
• Maintain and Update the internal Standard Operating Procedure documents
• Review profitability report before sharing with Analysts and Management
  • Review and provide guidance for Customer / Product level profitability
  • Evaluate pricing on Est. vs Actual after fin. Adj.
  • Propose correcting actions

Qualifications

1. Bachelor’s Degree
2. 2+ years of prior Analytical experience required
3. Must possess advanced Microsoft Excel Skills
4. Must possess a minimum of intermediate Microsoft Word and Microsoft PowerPoint
5. Preferably, advanced ability to read and interpret contracts
6. Preferably, prior experience in the pharmaceutical industry
7. Preferably, prior experience in:

- Contract Review / Writing

- Contract Gap identification

- Contract related financial obligation tracking management

- Pricing Modeling

- Budgeting

- Profitability Analysis