Principal Pricing Analyst

This position will work with proposal and business development teams to generate pricing and cost estimates in pursuit of winning Federal Government contracts. Supports all phases of the Federal Government cost proposal process with emphasis on ensuring that all actionable proposal results are completed on or before agreed upon deadlines. Understand complex financial analysis, economic and statistical principles and processes, with strong writing capabilities to include development of cost narratives.

• Meets critical proposal schedules and deadlines in this fast-paced environment and may require extended work hours.
• Identifies and interprets FAR clauses applicable to specific solicitations and ensures pricing submissions comply with FAR and evaluation criteria requirements.
• Leads pricing discussions with operational Subject Matter Experts and Company Executives.
• Supports pricing leadership to ensure all pricing team members are completely trained on the pricing process.
• Conducts research, analysis, modeling; deliverables include proposal development and risk identification and potential impacts.
• Supports reviews and will helps build bid history databases containing cost and pricing data to maintain an audit ready posture .
• Performs a detailed review of the solicitation and develop questions for submission to customer and ensure information is clear on the requirements of the cost volume.
• Ensures pricing proposal complies with Cost Estimating System, Cost Accounting Standards and solicitation specific directions.
• Provides interpretation of solicitation requirements.
• Conducts peer reviews as needed.
• Prepares and presents color team review slide information to executive management.
• Produces compliant and auditable cost volumes.
• Supports programs of all sizes ranging from simple to complex efforts.
• Supports government audit and maintains auditable files for proposals.
• Maintains confidentiality of company proprietary information.
• Responds to pricing data calls by prime contractors.
• Identifies and assesses the risk/opportunity trade-offs for proposals;  strong understanding of pricing levers to impact profitability.
• Analyzes and interprets customer requirements as set forth in the RFP.

Other Job Requirements

Responsibilities

Bachelor’s Degree in Business, Finance, Economics or related area.
10+ years of direct pricing experience or an equivalent combination of education and direct pricing experience with 7+ years of experience in government contracting pricing/cost estimating (industry side) including complex bids.
Knowledgeable in Federal Acquisition Regulations (FAR) and Government Cost Accounting Standards (CAS), cost estimating and accounting systems, Truth In Negotiations Act (TINA), and Service Contract Act compliance requirements.
Expert Knowledge of different cost structures within federal contracting (fixed price, cost plus, time & materials).
Comprehensive knowledge of federal pricing, contracts, and business management.
Proven team leadership skills, excellent interpersonal skills, and the ability to mentor, manage, and train assigned staff.
Experience at leading Cost Volume and ensuring RFP compliance.
Excellent oral and written communication skills.
Must be able to effectively manage competing priorities and deadlines, and handle multiple tasks in a fast paced environment.
Successfully and independently manages the full spectrum of proposal pricing services for a wide array of contract types.
Capable of working independently, with minimal oversight, to achieve timeline of the business function.
Posses advanced Microsoft Office Suite skills (Excel, Word, PowerPoint and Outlook).
Must possess strong attention to detail.
Team player, proactive, and possess excellent problem solving and organizational skills.

General Job Information

Title

Principal Pricing Analyst

Grade

30

Work Experience - Required

Pricing

Work Experience - Preferred

Education - Required

A Combination of Education and Work Experience May Be Considered., Bachelor's - Business Administration, Bachelor's - Economics, Bachelor's - Finance

Education - Preferred

License and Certifications - Required

License and Certifications - Preferred

Salary Range

Salary Minimum:

$105,230

Salary Maximum:

$178,890

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law.

This position may be eligible for short-term incentives as well as a comprehensive benefits package. Magellan offers a broad range of health, life, voluntary and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.

Magellan Health, Inc. is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled.
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their position; and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.