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Pricing Analyst
Pricing AnalystMeitheal Pharmaceuticals • Chicago, IL, United States
Pricing Analyst

Pricing Analyst

Meitheal Pharmaceuticals • Chicago, IL, United States
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Job Type

Full-time

Description

Analyst, Pricing

About Us :

Founded in 2017 and based in Chicago, Meitheal is focused on the development and commercialization of generic injectable medications and, as of 2022, has expanded its focus to include fertility, biologic, and branded products. Meitheal currently markets over 60 U.S. Food and Drug Administration (FDA)-approved products across numerous therapeutic areas including anti-infectives, oncolytics, intensive care, and fertility. As of January 2025, Meitheal, directly or through its partners, has 19 products in the research and development phase, 22 additional products planned for launch in 2025, and 24 products under review by the FDA. Meitheal's mission is to provide easy access to fairly priced products through robust manufacturing, consistent supply, and rapid response to our customers' needs. Ranked #2 in 2024 on Crain's Fast 50 in Chicago, and in the top 100 of Crain's Best Places to Work in Chicago from 2022 to 2024, Meitheal emulates the traditional Irish guiding principle we are named for - working together toward a common goal, for the greater good.

Position Summary :

The Pricing Analyst for Meitheal Pharmaceuticals Inc. ("Meitheal") will be responsible for providing analytical support related to all aspects of commercial pricing and contract activities at Meitheal. The Pricing Analyst will focus on providing direct day-to-day operational and tactical support to the VP, Commercial Analytics & Optimization. Additional support will be provided cross-functionally (Product Management / Marketing, Contract Marketing, Sales, National Accounts, Finance, Trade Relations) to aid in meeting annual sales and profit goals.

Candidates should be comfortable and confident, challenging assumptions within a business model, have experience working with large amounts of unstructured data and be a self-starter who develops strategic analyses that informs and drives business decisions.

The compensation range for this position is $70,000 to $85,000.

The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and / or from which they will be performing the job. The actual base salary offered will be in accordance with state or local minimum wage requirements for the job location.

Why Work with Us?

  • Hybrid Work Schedule : Enjoy the flexibility to work remotely three days a week.
  • Casual Dress Code : Embrace a relaxed and comfortable dress code that allows you to express your personal style.
  • Collaborative Culture : Join a team that values open communication, teamwork, and the exchange of ideas.
  • Professional Growth : We offer ample opportunities for professional development and career advancement.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Communicates detailed examination, trend analyses and recommendations to management and other stakeholders.
  • Recommend actions by analyzing and interpreting data, and supporting recommendations with detailed analyses (i.e. market competitive trends, customer specific trending)
  • Supports the pricing team in the management of the Meitheal Price Review Committee (support analysis development, prepare agenda and visual aids, meeting minutes distribution)
  • Acts as project manager and provides analytical support / guidance for major GPO bids / RFPs.
  • Anticipates the consequences of price changes and business decisions while weighing multiple factors and review as appropriate with management.
  • Develops and manages templates used to analyze and interpret data.
  • Supports the financial forecasting, budgeting, and long-term planning process.
  • Manages contract compliance reporting, ITS claim analysis and provides recommendations to management
  • Manages the collection of market landscape intelligence and provides reporting output.
  • Works closely with National Accounts, Trade and Sales teams to provide analytical support, reporting, and responses to inquiries on a regular basis.
  • Helps manage product listings and information required for customer online interfaces.
  • Other duties may be assigned.
  • Competencies

  • Teamwork
  • Professionalism
  • Strategic Thinking Skills
  • Analytical Skills
  • Interpersonal
  • Project Management
  • Ethics
  • Qualifications

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor's degree from a four-year college or university.
  • Minimum of 3 years in pharmaceutical industry in analytics and related experience.
  • Experience working with data (large datasets, data cleansing, data mapping, etc.)
  • Strong analytical skills with high focus on preparation, attention to detail and accuracy
  • Ability to work in a proactive, fast-paced environment and flexibility to adjust to changing organizational needs
  • Excellent interpersonal skills with ability to work individually within a multi-disciplinary team.
  • Strong verbal and written communication skills.
  • Travel

    Must be willing and able to travel 10-15% of the time.

    Computer skills

  • Must have advanced skills in Microsoft Excel with proficiency in other Microsoft Office suite applications preferred (Word, PowerPoint, Access)
  • Experience with Tableau or other business intelligence software
  • Equal Opportunity Employer :

    Meitheal Pharmaceuticals is an Equal Opportunity Employer. We welcome and encourage applications from all qualified individuals, including minorities, women, veterans, and individuals with disabilities.

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