Pricing Analyst
Job Description – Pricing Analyst
Location: East Windsor, NJ
Company: AdvaGen Pharma
Summary/Objective
The Pricing Analyst is responsible for executing processes and systems related to the management of customer pricing. The role involves conducting and managing the Bid/RFP process, maintaining pricing across internal systems and official compendia, and ensuring all compliance steps are performed in accordance with AdvaGen Pharma’s pricing policies. The analyst will collaborate cross-functionally to support accurate pricing, contracting, and financial reporting.
Responsibilities
- Perform competitive analysis and market benchmarking.
- Prepare and validate pricing negotiations, administration, analysis, and proposals in alignment with company policies, legal requirements, and customer specifications.
- Manage submissions of pricing proposals in the AdvaGen Bid Portal and obtain approvals.
- Collaborate cross-functionally to ensure fulfillment of contractual obligations in a timely manner.
- Orchestrate pricing validation efforts, customer award/loss notifications, and new business opportunity processes.
- Develop and recommend SWP, List, and WAC pricing in accordance with policy.
- Communicate pricing data to Trade Pricing Compendia, State Medicaid Agencies, and Puerto Rico Product Registration Office.
- Prepare bids, specifications, and customer progress reports.
- Execute pricing amendments, new contract loads, and compliance documents.
- Monitor and document competitive intelligence for pricing analyses.
- Support Finance with customer sales deductions, rebates, and administrative fees.
- Prepare financial reports related to RFPs, bids, and rebates.
- Professionally represent AdvaGen in customer interactions while ensuring compliance and favorable terms.
- Monitor purchases for contract compliance and performance changes.
- Support efforts to minimize chargeback discrepancies and customer deductions.
Education and Experience
- BA/BS degree required.
- Experience in workflow systems, procedures, and document customization.
- Familiarity with generic pharmaceutical business, regulatory environment, and terminology is preferred
Skills and Competencies
- Strong Excel modeling and quantitative analysis skills.
- High attention to detail and accuracy.
- Experience with MS Power BI preferred.
- Strong critical thinking, problem-solving, and negotiation skills.
- Ability to organize and analyze data from multiple sources.
- Skilled in change management and process transparency.
- Knowledge of records and data management best practices.
Position Type
Regular full-time, on-site (100%)
Benefits
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Work Schedule
- 8-hour shift
- Monday to Friday
- Day shift