Price Analyst II

🔥 2 minutes ago

🏄 California – Remote

🏄 California – Remote

💵 $73.3k - $113.2k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧐 Analyst

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CorVel Corporation

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1987

🤝 B2B

⚕️ Healthcare Insurance

☁️ SaaS

B2B • Healthcare Insurance • SaaS

CorVel Corporation is a risk management and healthcare services company that provides integrated claims and care solutions for payors and employers. It specializes in workers' compensation, liability and disability management, provider and pharmacy networks, and alternative risk solutions, and it offers technology platforms that use AI and data analytics to streamline claims administration, improve outcomes, and reduce costs.

📋 Description

• Develop and execute comprehensive analyses to support strategic pricing decisions • Lead competitive intelligence initiatives and market positioning analysis • Create and maintain sophisticated pricing models including elasticity, optimization, and profitability models • Conduct advanced statistical analysis of pricing performance and market trends • Design and analyze price testing strategies, including A/B tests and market experiments • Partner with Sales Executives to develop competitive pricing strategies for new business opportunities and RFP responses • Collaborate with Account Managers on customer renewal contract negotiations, providing pricing analysis and competitive market benchmarking • Work closely with legal teams to review and refine contract pricing terms, ensuring compliance and risk mitigation • Lead periodic pricing model analysis and validation to maintain alignment with evolving product offerings and industry standards • Partner extensively with product leaders and managers to understand product roadmaps, cost structures, and competitive positioning • Perform customer lifetime value analysis and segmentation-based pricing recommendations • Lead pricing impact assessments for product launches, promotions, and market changes • Monitor and analyze pricing performance metrics, identifying opportunities for revenue optimization • Develop pricing dashboards and automated reporting systems for stakeholders • Lead cross-functional pricing projects and coordinate with multiple business units • Support budget and forecast development with pricing assumptions and scenario analysis • Mentor junior analysts and provide guidance on pricing methodologies and best practices • Ensure compliance with regulatory requirements and company policies

🎯 Requirements

• 3-5+ years of experience in pricing analysis, market research, or revenue management in workers' compensation • Bachelor's degree in business, Finance, Economics, or related field from an accredited institution • Experience with systems, platforms, and databases related to insurance industry and workers' compensation claims management • Proven experience with pricing strategies in workers' compensation services • Strong statistical quantitative analysis skills and experience with pricing model development • Excel expertise: Advanced modeling, VBA, macros, and complex financial/pricing functions • Power BI proficiency: Able to create dashboards, develop visualizations, and perform advanced analytics • Salesforce CPQ proficiency: Experienced in pricing configuration, quote generation, and approval workflows • Familiarity with SQL data lookups and database query fundamentals • Strong business acumen and understanding of market dynamics • Excellent presentation skills and ability to communicate complex analyses to senior management

🏖️ Benefits

• Medical (HDHP) w/Pharmacy • Dental • Vision • Long Term Disability • Health Savings Account • Flexible Spending Account Options • Life Insurance • Accident Insurance • Critical Illness Insurance • Pre-paid Legal Insurance • Parking and Transit FSA accounts • 401K • ROTH 401K • Paid time off