Job Information
Innovation Associates, Inc. Pricing Analyst II in Indianapolis, Indiana
The Role:
The Pricing Team is seeking a dynamic, strategic, and analytical professional to join our team as a Pricing Analyst II. In this role, you will help lead development of deal pricing, quoting, and pricing specific business models for new product development and client acquisition that maximize profitability and market share for the company. iA Pricing Analysts utilize their analytical skills to assess competitive intelligence and trends in the evaluation of pricing structures, catalogues, tools, and make recommendations to optimize value-based pricing strategies. This is a highly visible role in the organization. You will lead the development of compelling pricing methods and financial analysis geared for business development optimization.
What you’ll do:
Value Analysis: Collect and analyze data related to sales, costs, and market dynamics to determine pricing effectiveness and make data-driven recommendations in relation to solution value.
Price Modeling: Utilize statistical and financial models to simulate different pricing scenarios and forecast potential impacts on revenue and profitability.
Quote Development: Leverage pricing models and catalogues for the creation of signable quote documents that are used for business development of pharmacy fulfillment solution technology.
Pricing Strategy Development: Collaborate with cross-functional teams to develop and implement pricing strategies aligned with business objectives.
Performance Monitoring: Monitor and evaluate the performance of pricing strategies and make adjustments as needed based on market changes or internal factors.
Change Management: Lead significant business operations and quoting projects to enhance efficiency in quoting and business operations.
Market Analysis: Conduct thorough analysis of market trends, customer behaviors, and competitors' pricing strategies to identify opportunities for the company.
Reporting: Prepare and present reports and findings to stakeholders, providing insights and recommendations on pricing strategies.
Collaboration: Work closely with sales, marketing, finance, and product teams to align pricing strategies with overall business goals.
Continuous Improvement: Identify areas for improvement in pricing processes and systems, and implement enhancements to optimize pricing efficiency and effectiveness.
Who you are:
Bachelor’s degree in Business Administration, Economics, Finance, or a related field.
Strong analytical and quantitative skills with proficiency in data analysis tools such as Excel, SQL, or other statistical software.
3+ years of experience in pricing analysis, financial analysis, and/or business development operations.
Understanding of pricing strategies, economics, and market dynamics.
Excellent communication and presentation skills.
Ability to work collaboratively in a cross-functional team environment.
Compensation:
The estimated base annual salary range for this position is $73,763 to $99,797, though a candidate’s base annual salary shall be determined on a range of factors, including, but not limited to, qualifications and experience. This position may additionally be eligible for an annual discretionary bonus.
What are the perks?
Generous time off policy that allows you to put your family first
Opportunity to work on the cutting edge of pharmacy automation in a high growth tech company
Competitive benefits, salary, and talent development opportunities
Commitment to professional development and working for a company where your voice is heard
More about iA:
iA® (Innovation Associates®) is a pharmacy fulfillment company that provides an integrated platform of capabilities to support Centralized and Community Pharmacy Fulfillment Solutions. With over 30 years of experience in the pharmacy fulfillment business, we have developed and implemented a suite of automation and software solutions that help deliver quick and sustainable business results. Our integrated Pharmacy Fulfillment Platform enables scalable solutions that helps run the prescription fulfillment process from prescription acceptance to delivery, supporting dynamic design flexibility to service pharmacies in a variety of volumes and settings. Our solutions improve workflow, and increase efficiency, while enabling more time for pharmacists to focus on their patients. iA works with pharmacy providers in the Commercial, Health Systems, Government, and Mail Order/eCommerce markets. iA can help customers transform their pharmacy. For more information, visit iARx.com.
Our Mission: We partner with providers to transform pharmacy through our leading-edge software enabled fulfillment technology and partners to deepen the patient-pharmacist relationship, enhancing patient safety and choice while increasing operational efficiency. iA empowers pharmacists to focus on patient care. iA can run the prescription fulfillment process from start to finish, helping pharmacies manage fulfillment and inventory to help lower costs, improve efficiency, increase safety, and provide comprehensive Rx tracking and real-time support.
Our Products:
Software
Modular Hardware
Sophisticated Counting and Collation Devices
Our Core Values:
Solutions Driven
Customer Centric
Championing Diversity
Empowering Ownership
Trust Daringly
To learn more about iA’s product, people and culture visit us at iarx.com OR check us out on LinkedIn (https://www.linkedin.com/company/iarx/mycompany/) , Facebook (https://www.facebook.com/iA.Pharmacy.Automation/) or Twitter (https://twitter.com/iARx_News) !
iA provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.