Associate Director, Strategic Pricing
TalentAlly · Morristown, NJ · Yesterday
HybridFull-time
About the Job
Join the team transforming how healthcare is delivered for chronic and specialty conditions worldwide. In General Medicines, you'll help drive meaningful outcomes in diabetes, transplant, and immunology - with the scale and urgency patients deserve. The Associate Director, Strategic Pricing is a highly cross-functional role offering unparalleled exposure across the organization. In this position, you will serve as an advisor and thought partner to the Brand Access Strategy Teams, supporting brand pricing initiatives for the General Medicines business unit and helping shape List Price, Market Access, and Contracting Strategies.
Main Responsibilities
- Provide stakeholders and senior management with relevant pricing and reimbursement information, support, and recommendations
- Partner with US and Global Headquarters Access Strategy teams to help design U.S. specific pricing and market access strategies for inline products and those in development
- Assist deal teams on Commercial, Government, Provider, and Institutional customer bids/offers ensuring alignment with brand strategy and profitability
- Design and develop pricing models to evaluate the impact of pre- and post-launch strategies, including ASP, AMP, and Best Price
- Model the impact of life cycle pricing strategies and legislative measures on revenue
- Support Brand Financial / Gross to Net projections by providing insight into current market dynamics and future market events
- Assist with the approval and execution of list price changes
About You
- Bachelor's degree
- 5+ years of pharmaceutical industry experience (Consulting or equivalent experience also considered)
- Basic knowledge of the U.S. healthcare system and reimbursement environment, market access customers and channels
- Strong written and verbal communication skills and executive presence
- Excellent analytical skills
- Strong organizational skills with meticulous attention to detail and auditable accuracy
- Able to manage multiple projects, priorities and timelines
- Advanced ability in using common analytical and communications tools i.e., PowerPoint, Excel, Access
- Ability to travel to key meetings and conventions and to meet with matrix partners in Cambridge MA or Bridgewater NJ as needed
Preferred
- MBA/MSA degree
- Experience in a pricing capacity or relevant experience in Contract Development, Government Pricing & Operations, Channel Payer GTN Analysis, and Deal Negotiations
- Understanding of contract modeling, data sources used in modeling, GTN projections process and implication on brand P&L
- Understanding of drug pricing, including First Databank and / or Medispan data sources
- Knowledge of and experience working with government pricing calculations AMP, Best Price and ASP pricing dynamics
Why Choose Us?
- Bring the miracles of science to life alongside a supportive, future-focused team
- Discover endless opportunities to grow your talent and drive your career, whether it's through a promotion or lateral move, at home or internationally
- Enjoy a thoughtful, well-crafted rewards package that recognizes your contribution and amplifies your impact
- Take good care of yourself and your family, with a wide range of health and wellbeing benefits including high-quality healthcare, prevention and wellness programs and at least 14 weeks' gender-neutral parental leave
- Drive meaningful impact at global scale: our medicines reach more than 100 million people each year
- Be part of a simpler, digital- and AI-powered business that's rethinking how we work and engage with the world