Associate Director, Strategic Pricing

TalentAlly · New Jersey, United States · 1 mo ago

RemoteRemoteOTHRFull-time

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.

About the role

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.

The team and matrix partners are primarily based out of the Morristown, NJ office, and occasional attendance at live meetings will be required. The candidate may choose to be based out of either the Morristown, NJ, or Cambridge, MA office. The candidate will be required to follow the Global Hybrid Work Policy.

Responsibilities

Providing stakeholders and senior management with relevant pricing and reimbursement information, support, and recommendations
Partnering 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
Assisting deal teams on Commercial, Government, Provider, and Institutional customer bids/offers ensuring alignment with brand strategy and profitability
Designing and developing pricing models to evaluate the impact of pre- and post-launch strategies, including ASP, AMP, and Best Price
Modeling the impact of life cycle pricing strategies and legislative measures on revenue
Supporting Brand Financial / Gross to Net projections by providing insight into current market dynamics and future market events
Assisting with the approval and execution of list price changes

This position collaborates closely with peers and U.S. and Global leaders from various departments, including Market Access, Pricing, Contract Operations, Contract Development, Account Management, Trade, Finance, Business Intelligence, Data Management, Forecasting, Business Insights, Market Access Shared Services, Government Affairs, Internal Auditing, Internal Controls, and Processes.

Requirements

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
Ability 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 (approximately 10%-20% depending on home office location)

Preferred Qualifications

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

Benefits