Associate Pricing Analyst
About the Company
Inspire Medical Systems is the pioneer of a first-of-its-kind medical device designed to improve the lives of those living with Obstructive Sleep Apnea (OSA). We are revolutionizing the sleep industry with our FDA-approved medical device, which reduces OSA severity for patients who cannot tolerate or benefit consistently from CPAP. Our commitment is to enhance patient lives through sleep innovation, prioritizing patient outcomes, integrity, and respect. With positive persistence at our core, we are dedicated to serving all stakeholders.
Why Join Us
At Inspire, we value diverse experiences, backgrounds, and perspectives. We foster a people-first culture that elevates voices, encourages learning, and builds community. Our benefits include excellent health coverage, 401k matching, an Employee Stock Purchase Plan (ESPP), flexible time off (FTO), and tuition reimbursement. If you are passionate about making a difference through innovative technology, join our growing team.
About the Role
As an Associate Pricing Analyst, you will support revenue and profit optimization by assisting in the development of pricing strategies, analyzing market conditions, and supporting pricing and contracting operations. You will collaborate with sales, finance, marketing, and operations to improve pricing strategies and streamline the pricing and contracting process.
Responsibilities
- Rebate Program Support
- Manage rebate program operations, including calculating rebate eligibility, validating customer compliance, and ensuring accurate and timely rebate payments.
- Analyze program performance and customer participation trends to provide data-driven insights and recommendations for optimizing rebate effectiveness, financial outcomes, and customer adoption.
- Partner cross-functionally with Sales, Finance, Contracting, and Customer Service to implement rebate programs, resolve customer inquiries, maintain program documentation, and ensure compliance with company policies and contractual obligations.
- Pricing Support
- Pricing Strategy Support: Assist in analyzing market data to identify opportunities for pricing optimization and evaluate existing pricing strategies to provide improvement suggestions.
- Program Support: Support the implementation of pricing programs and assist with their ongoing management, including the development and maintenance of tools, systems, and processes for pricing and contracting.
- Price / Contract Reporting: Support the preparation of reports on pricing trends, market insights, and price drivers. Assist in analyzing key performance indicators (KPIs) for pricing programs and provide support on contracting analytics.
- Price Execution & Management: Assist in creating and training sales teams on pricing guidelines, enforce governance policies, and manage pricing and contracting tools and systems.
Requirements
- Educational Requirements: Bachelor’s degree required.
- Required Experience:
- 1-3 years of relevant experience or a strong academic background in pricing models, business analytics, or economics (medical device or healthcare industry experience a plus).
- Excellent proficiency in Excel and PowerPoint.
- Project management skills.
- Preferred Experience:
- Strong analytical and problem-solving skills.
- Experience with market research and competitive analysis.
- Basic understanding of pricing strategies and market dynamics.
- Strong communication and teamwork skills.
- Comfort working in a collaborative, cross-functional environment.
Pay
The salary for this position is $75,000—$85,000 USD, offered at a level consistent with the candidate’s experience and qualifications. This range may be adjusted based on factors such as geographic location, work experience, education, and skill level.
Benefits
- Multiple health insurance plan options.
- Employer contributions to Health Savings Account (HSA).
- Dental, vision, life, and disability benefits.
- 401k plan with employer match.
- Identity protection.
- Flexible time off (FTO).
- Tuition reimbursement.
- Employee Assistance Program (EAP).
- Opportunity to participate in equity awards and the Employee Stock Purchase Program (ESPP).