Pricing Manager

Full Time • Houston, TX, United States of America

107,304 - 136,720 (Yearly) Added 1 day, 21 hours ago

Summary

LOCATION

Not specified, corporate office environment.

QUALIFICATIONS

Bachelor's degree in Business Administration, Finance, Economics, or a related field; minimum of 5 years of experience in pricing strategy development within the pharmaceutical or healthcare industry; advanced proficiency in pricing analytics tools like Power BI.

RESPONSIBILITIES

Develop and implement data-driven pricing strategies, monitor competitor pricing, lead creation and execution of pricing strategies, collaborate with cross-functional teams, and produce detailed pricing reports using advanced tools.

INDUSTRY

Pharmaceutical and Healthcare

SHORT DESCRIPTION

As a Pricing Manager at Empower, you will develop pricing strategies to maximize market success and ensure affordable access to innovative medications, collaborating across teams to drive impactful pricing decisions.

Position Summary:

As a Pricing Manager at Empower, you will play a pivotal role in shaping strategies that ensure affordable access to innovative medications, directly impacting lives and advancing our mission of healthier, happier communities. This dynamic position offers the opportunity to lead data-driven initiatives, collaborate with cross-functional teams, and drive pricing decisions that align with market realities and organizational goals. Join us in making a meaningful difference by expanding access to quality, affordable medication while advancing your career in a collaborative and visionary environment.

Duties and Responsibilities:

Develops and implements data-driven pricing strategies for diverse customer segments, leveraging customer insights, financial trends, and market dynamics to maximize market success and support new product launches.
Monitors and evaluates competitor pricing strategies, identifying risks and providing actionable recommendations to maintain a competitive advantage and respond to market shifts.
Leads the creation and execution of pricing strategies across short, medium, and long term horizons, institutionalizing effective processes and ensuring alignment with market realities and organizational goals.
Partners with Sales, Product, Marketing, Information Technology, and Finance teams to tackle pricing challenges and develop or implement innovative, integrated solutions that enhance pricing strategies and optimize outcomes.
Produces and communicates detailed pricing reports and dashboards using advanced tools like Power Business Intelligence (BI), delivering critical insights to senior management and fostering data-informed decision-making.

While performing the responsibilities of the job, the employee is required to talk and hear. The employee is often required to remain in a stationary position for a significant amount of the workday and frequently use their hands and fingers to handle or feel in order to access, input, and retrieve information from the computer and other office productivity devices. The employee is regularly required to move about the office and around the corporate campus. The employee is regularly required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl.

Knowledge and Skills:

Exceptional analytical, problem-solving, and communication skills, with the ability to collaborate effectively across departments, influence stakeholders, and adapt to dynamic market environments.
Advanced proficiency in pricing analytics tools, financial modeling, and data visualization software such as Power BI, coupled with a strong command of Microsoft Office applications (Excel, Word, PowerPoint, and Outlook).

Key Competencies

Customer Focus: Ability to build strong customer relationships and deliver customer centric solutions.
Optimizes Work Processes: Know the most effective and efficient processes to get things done, with a focus on continuous improvement.
Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
Resourcefulness: Secures and deploys resources effectively and efficiently.
Manages Complexity: Makes sense of complex, high quality, and sometimes contradictory information to effectively solve problems.
Ensures Accountability: Holds self and others accountable to meet commitments and objectives.
Situational Adaptability: Adapts approach and demeanor in real time to match shifting demands of different situations.
Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Values

People: Our people define who we are as a company, and we believe that understanding and addressing the needs of our team, clients, and community is fundamental to fostering a culture of support and growth.
Quality: Quality stands at the core of our mission, reflecting our commitment to excellence in every medication we produce.
Service: We are here to serve others. Every interaction with our patients, providers, employees and other stakeholders comes from a place of service.
Innovation: By continuously exploring new methodologies and embracing technology, we ensure that every solution we offer is at the forefront of pharmaceutical care.

Experience and Qualifications:

Minimum of 5 years of experience in pricing strategy development, financial analysis, and market evaluation, with demonstrated success in creating and executing impactful pricing models in the pharmaceutical or healthcare industry.
Requires a Bachelor’s degree in Business Administration, Finance, Economics, or a related field; Master’s degree is preferred.
Certified Pricing Professional (CPP), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Six Sigma, Lean Certification, Advanced Data Analytics, or Business Intelligence Certification strongly preferred.

Benefits:

No-Cost Medication: Get your prescribed compounded medications at no cost, ensuring your health without the financial burden.
Onsite Health & Wellness – IV Therapy Drips: Rejuvenate with complimentary onsite IV Therapy drips, enhancing your well-being and energy levels.
Comprehensive Medical, Dental, and Vision Options: Choose from three medical plans tailored to your needs, plus options for dental and vision coverage for you and your family.
Telehealth visits: Access board-certified Doctors anytime, anywhere for you and your family.
Paid & Volunteer Time Off: Enjoy paid time off for personal pursuits and contribute to causes you care about with volunteer time off.
Paid Holidays (8 scheduled; 2 floating): Celebrate with eight scheduled holidays and two floating holidays, giving you flexibility and time for personal traditions.
Life & AD&D Coverage: Secure your and your family's financial future with life and accidental death and dismemberment (AD&D) insurance.
FSA (Flexible Spending Account): Manage healthcare expenses smartly with pre-tax dollars in a Flexible Spending Account (FSA).
401K Dollar-for-Dollar Up to 4%: Invest in your future with our 401K plan, featuring a dollar-for-dollar match up to 4%.
Company Paid Long-Term Disability: Provided at no cost, which replaces 60% of your income if you become disabled for a long period of time.
Flexible Schedules: Balance work and life seamlessly with our flexible scheduling options.
Rewards & Recognition Program: Your hard work doesn't go unnoticed – enjoy rewards and recognition beyond your paycheck.

Additional Voluntary Benefits

Accident Insurance: Pays a lump sum benefit to help cover expenses following an accidental injury.
Hospital Indemnity Insurance: Enhance your peace of mind with supplemental hospital insurance for unexpected stays.
Critical Illness: Protect your finances from the expenses of a serious health issue.
Short-Term Disability: Protect your income during illness or injury with short-term disability coverage.
Supplemental Life & AD&D: Add an extra layer of financial protection for you and your loved ones with supplemental life and AD&D coverage.
Legal Services: Access professional legal assistance to address concerns confidently.
Identity Theft Protection: Safeguard your identity and finances with our identity theft protection benefit.
Pet Insurance: Care for your furry family members with our pet insurance coverage.
Employee Assistance Program: Confidential counseling and support services for a holistic approach to your well-being.