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Commercial pricing analyst

London
St. Mary's Hospital
Pricing analyst
Posted: 11h ago
Offer description

Job overview

An exciting opportunity has arisen for a Commercial Pricing Analyst to join the Private Care division at Imperial College Healthcare NHS Trust. This new role offers the chance to shape pricing strategy and contribute to the financial growth and sustainability of one of the UK’s most innovative NHS trusts.

The successful candidate will deliver high-quality costing and pricing analysis, support contract negotiations with private medical insurers, and develop profitability models. You will maintain accurate billing systems, conduct benchmarking reviews, and provide actionable insights to senior stakeholders to support decision-making and financial planning.

We are seeking an individual with strong analytical and problem-solving skills, commercial awareness, and the ability to present complex financial data clearly. You will work with colleagues across finance, business development and clinical teams, as well as with external partners including insurers and consultants. Excellent communication and relationship management skills are essential.

In return, we offer a supportive and inclusive working environment, excellent learning and development opportunities, and a full range of NHS benefits including a generous pension scheme, flexible working and wellbeing initiatives. This is an excellent opportunity to further your career while making a meaningful contribution to the success of our Private Care services and the wider mission of the Trust.

Main duties of the job

1. To support the provision of a high quality and comprehensive costing and pricing service within a large Private Patient Unit, offering timely appropriate advice and recommendations on costing methodology to the Private Patient division.
2. To support annual contract negotiations with insurers and to support the development of complex costing and profitability models.
3. To collect, process and manage a range of data and information used in the costing and profitability models.
4. To support the maintenance of the private care billing system, ensuring chargemasters are accurate for billing all private activities.
5. To calculate prices for inclusion within contracts where appropriate and undertake periodic benchmarking reviews across the private healthcare care market.
6. To ensure that a customer focused service of the highest possible standard is delivered to the Trust.

Working for our organisation

At Imperial College Healthcare you can achieve extraordinary things with extraordinary people, working with leading clinicians pushing boundaries in patient care.

Become part of a vibrant team living our values - expert, kind, collaborative and aspirational. You’ll get an experience like no other and will fast forward your career.

Benefits include career development, flexible working and wellbeing, staff recognition scheme. Make use of optional benefits including Cycle to Work, car lease schemes, season ticket loan or membership options for onsite leisure facilities.

We are committed to equal opportunities and improving the working lives of our staff and will consider applications to work flexibly, part time or job share. Please talk to us at interview.

Detailed job description and main responsibilities

The full job description provides an overview of the key tasks and responsibilities of the role and the person specification outlines the qualifications, skills, experience and knowledge required.

For both overviews please view the Job Description attachment with the job advert.

Person specification

Education/ Qualifications

Essential criteria

7. Educated to Degree Level.
8. Actively pursuing a CCAB qualification.
9. Educated to Masters level or equivalent experience in data analysis.

Desirable criteria

10. CCAB qualified (or equivalent).

Experience

Essential criteria

11. Previous costing and pricing experience.
12. Worked within the NHS or similar organisation for at least 2 years.
13. Knowledge of commercial finance with an appreciation of costing and pricing.
14. Experience of translating complex data from various systems into a financial model.
15. Experience of computerised systems and software including spread-sheets, databases, word processors and email.

Desirable criteria

16. Experience of working in a complex private healthcare setting and/or within health system insurance.
17. Experience of working within an commercial costing or pricing function for at least 2 years.
18. Experience of Compucare or similar private care ERP/billing software.
19. Experience in effectively managing difficult conversations and / or challenging colleagues.

Skills/Knowledge/ Abilities

Essential criteria

20. Commercial acumen – proven experience in tracking, analysing, and optimising key performance metrics.
21. Strong analytical skills – ability to distil complex data into clear, actionable insights.
22. Excellent verbal and written communication and presentation skills including the ability to explain complex financial information and issues to financial and nonfinancial colleagues.

Desirable criteria

23. Experience working in a similar role in private healthcare or private healthcare insurance markets.
24. Proficient in Compucare or other private billing software, and PowerPoint.
25. Good knowledge of database systems (including MS SQL) with the ability to expertly handle highly complex data from multiple sources.

Values and Behaviours

Essential criteria

26. Demonstrable ability to meet Trust values.
27. Adhere to the Trust’s equal opportunities policy.
28. Demonstrable ability to perform the duties of the post with aids and adaptations as necessary.

Desirable criteria

29. Commitment to development and training of staff.

Please ensure you check your emails regularly as this is how we will communicate with you throughout the recruitment process. If you are shortlisted you will be contacted by email and text message (if you provide a mobile contact number).

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