Overview: The Principal Pricing Analyst will be responsible for enhancing and improving the pricing process and models to align with the Companys pricing strategy. Focused on the Provider Business Unit software products.

Duties and Responsibilities:

• Enhance the pricing process to more closely align with the Companys pricing strategy.
• Improve pricing models to better leverage existing internal market and product intelligence, enhancing the accuracy of pricing and better articulating the value proposition of the companys product offerings.
• Assume hands-on role in transitioning and maintaining excel pricing models into Salesforce CPQ system.
• Support mid-size to large size Business Unit in Pricing Strategy and Contract reviews.
• Develop and prepare complex pricing proposals in response to customer requirements.
• Create and own tracking system for all financial exceptions in customer contracts.
• Collaborate closely with Inside/Outside Sales, Finance, Legal, and Product Development teams.
• Own monthly, quarterly, and ad hoc management reporting and supporting analysis and insight by providing support to FP&A Team.
• Promote and ensure compliance with of companys standard pricing processes.
• Maintain compliance with Inovalons policies, procedures and mission statement.
• Adhere to all confidentiality and HIPAA requirements as outlined within Inovalons Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position.
• Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer.

Job Requirements:

• 8+ years of experience in pricing, finance, sales operations, business management, technology or relevant experience.
• Ability to meet deadlines and work under pressure on multiple concurrent projects.
• Excellent analytical skills and the ability to extrapolate data, interpret, and create course of action; strong Excel skills, particularly the ability to build and enhance models.
• Experience with business technologies especially Salesforce.com;
• Strong project management skills and experience.
• Ability to keep track of timelines and deliverables work under firm deadlines within a rapidly changing environment involving multiple projects and initiatives.
• Excellent verbal, presentation and written communication skills.
• Experience with Configure-Price-Quote technology a plus.

Education:

• Associates Degree in relevant field, Bachelors Degree preferred.

Physical Demands and Work Environment:

• Sedentary work ( i.e. sitting for long periods of time).
• Exerting up to 10 pounds of force occasionally and/or negligible amount of force.
• Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions.
• Subject to inside environmental conditions.
• Travel for this position will include less than 5% locally usually for training purposes.