Jobs · New Jersey

Director, Pricing & Economics

Bristol Myers Squibb · Princeton, NJ · 1 mo ago
Hybrid$196k–$238k/yrFull-time
We need to output only HTML fragment, no html/body tags, no markdown fences. Use

for section headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. We need to parse the posting. First, there is introductory paragraph about BMS culture etc. That could be "About the role"? Actually "Summary" then description. The "Summary" says: "The Director, US Pricing and Economics will be responsible for driving pricing analytics and strategic insights across the BMS Portfolio, focusing on ICV." That's a summary. Could be part of About the role. We need to avoid repeating job title as heading. The page already shows it. So we should not put a heading with the job title. We need to include sections: About the role (maybe from summary and intro), Responsibilities (list), Qualifications (maybe includes Bachelors Degree etc), Skills (maybe separate?), Benefits, Pay, Schedule. We need to extract responsibilities list: many bullet-like sentences. We'll need to put them in
  • . Qualifications: includes Bachelors Degree, Extensive pharmaceutical industry experience; at least, 3 years in areas related to pricing and reimbursement in US and or WW pricing. Knowledge of, and expertise with, key pricing and reimbursement systems worldwide. Knowledge of the US healthcare system and reimbursement environment, market access customers and channels. Experience US pricing analytics Strong knowledge of analytical and conceptual tools, and pricing market research techniques, that are relevant to pricing and contracting. Strong strategic thinking skills and ability to apply in a variety of complex business situations. Excellent communication skills: with ability to flex communication style across a broad and varied set of international markets Proven ability to communicate complex pricing analyses in simple terms. Demonstrated ability to manage multiple priorities, timelines. Proven focus on integrity and credibility. Understanding of marketing mix and the role of pricing and access as part of the mix. Also there is "We hire for skills and capabilities, not just credentials – if this role excites you, but doesn’t perfectly match your resume, we encourage you to apply anyway." That's not a qualification; could be part of About. Skills: maybe we separate some of the qualifications as skills? The instruction says we can have sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We need to decide what goes where. "Requirements" maybe similar to Qualifications. But we can combine. We need to avoid filler sections like Pay/Schedule/Benefits unless actual content. Pay: we have compensation overview with salary range. So we can include Pay section. Benefits: we have benefits description. So include Benefits. Schedule: not mentioned explicitly. There's mention of flexible time off, flexible work models, but no explicit schedule like full-time, part-time. Could infer full-time but not explicit. The instruction: never create Pay/Schedule/Benefits sections unless posting actually states them. Schedule not stated explicitly, so we should not include Schedule section. Requirements: maybe we can include a short paragraph about requirements like location? Not needed. Could skip. We need to preserve all substantive information; do not invent or summarize away detail. So we must include all details from posting, but we can format them. We must remove boilerplate: cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. So we need to cut out sections like "Supporting People With Disabilities", "Candidate Rights", "Data Protection", "How We Work", etc. Also remove the line about "We hire for skills and capabilities..."? That's not boilerplate; it's substantive encouraging applicants. Keep. We need to keep the compensation overview, benefits description. We need to keep the AI/LLM tools experience line under Responsibilities? Actually it's in Responsibilities block: "Practical experience using AI/LLM tools (e.g., Copilot, ChatGPT, Claude) to accelerate pricing analysis — including scenario generation, data synthesis, sensitivity testing, and first-draft modeling — with sound judgment about where AI output requires validation Comfort using AI tools to structure and stress-test pricing frameworks (e.g., generating alternative negotiation scenarios, summarizing". That seems part of Responsibilities. We need to ensure we don't duplicate lines. Let's extract sections: About the role: Could combine the introductory paragraphs up to "Summary". The intro: "At Bristol Myers Squibb, our employees often ask, “Who are you working for?”—a question that fuels collaboration, accountability, and urgency in our work. Our purpose-driven culture inspires us to discover, develop, and deliver innovative medicines to prevail over serious diseases. We offer uniquely interesting and meaningful work, opportunities for growth, and a supportive environment that values inclusion, wellbeing, flexibility, and comprehensive benefits. This is work that transforms the lives of patients, and the careers of those who do it." Then "Summary The Director, US Pricing and Economics will be responsible for driving pricing analytics and strategic insights across the BMS Portfolio, focusing on ICV." We can make About the role include that intro and summary. Responsibilities: list all responsibilities bullet points. Let's list them from the text: - Provide leadership and expertise to prepare for items needing US Pricing Committee approval - Consolidate Brand Budget and LTFP Gross and Net Price projections for senior pricing leadership - Provide strong guidance and support for the development and implementation of US Pricing strategies for key products in partnership with Global MAx teams inclusive of pricing strategy teams. - Evolve pricing and economics for brands in response to new indications/clinical data, updated competitive environment, new product launches / dosing or any other developments that impact the brand’s pricing and reimbursement. - Utilizes sophisticated analytics and strong financial acumen to evaluate impact of pricing scenarios on volume/revenue - Drive the development and implementation of US pricing strategies particularly for key products in partnership with Global MAx teams inclusive of pricing strategy teams. - Anticipate and analyze significant changes in both external and internal market pricing dynamics that may influence their products - Support pricing evaluations for business development opportunities - Analyze innovative contractual solutions for respected brands. - Develop and ensure US Pricing Strategies/GOAs for their in-line brands are kept up to date with prevailing market conditions and competitive landscape. - Support the DEX pricing evaluations as necessary, ensuring the key pricing input and insights are incorporated in the clinical study design process for optimized access & pricing conditions at launch. - Provide expertise as needed for key pricing & reimbursement negotiations across the globe. - Select and oversee work of external pricing research vendors and technical experts in the areas of pharmaceutical pricing & payer negotiations. - Practical experience using AI/LLM tools (e.g., Copilot, ChatGPT, Claude) to accelerate pricing analysis — including scenario generation, data synthesis, sensitivity testing, and first-draft modeling — with sound judgment about where AI output requires validation - Comfort using AI tools to structure and stress-test pricing frameworks (e.g., generating alternative negotiation scenarios, summarizing Note: The last bullet seems cut off: "summarizing". Probably missing text but we keep as is. Qualifications: list: - Bachelors Degree - Extensive pharmaceutical industry experience; at least, 3 years in areas related to pricing and reimbursement in US and or WW pricing. - Knowledge of, and expertise with, key pricing and reimbursement systems worldwide - Knowledge of the US healthcare system and reimbursement environment, market access customers and channels. - Experience US pricing analytics - Strong knowledge of analytical and conceptual tools, and pricing market research techniques, that are relevant to pricing and contracting. - Strong strategic thinking skills and ability to apply in a variety of complex business situations. - Excellent communication skills: with ability to flex communication style across a broad and varied set of international markets - Proven ability to communicate complex pricing analyses in simple terms. - Demonstrated ability to manage multiple priorities, timelines. - Proven focus on integrity and credibility. - Understanding of marketing mix and the role of pricing and access as part of the mix. Skills: maybe we could separate some of the qualifications as skills, but we already have qualifications. Could also include "Strong strategic thinking skills", "Excellent communication skills", etc. But to avoid duplication, we could put skills as a separate section highlighting certain abilities: maybe "Strong strategic thinking skills", "Excellent communication skills", "Proven ability to communicate complex pricing analyses in simple terms", "Demonstrated ability to manage multiple priorities, timelines", "Proven focus on integrity and credibility", "Understanding of marketing mix". However that duplicates qualifications. The instruction: Prefer a few substantive sections over many thin ones. So maybe we combine Qualifications and Skills into one section? But we have headings defined; we can choose to include only those with real content. We could include Qualifications and not Skills, or include Skills and not Qualifications. Which is more appropriate? The posting lists qualifications (education, experience, knowledge) and also skills (strategic thinking, communication, etc.). Both are present. We could make Qualifications for education/experience/knowledge, and Skills for abilities. Let's do that. Thus: Qualifications: Bachelors Degree, Extensive pharmaceutical industry experience; at least, 3 years in areas related to pricing and reimbursement in US and or WW pricing.; Knowledge of, and expertise with, key pricing and reimbursement systems worldwide; Knowledge of the US healthcare system and reimbursement environment, market access customers and channels.; Experience US pricing analytics; Strong knowledge of analytical and conceptual tools, and pricing market research techniques, that are relevant to pricing and contracting. Skills: Strong strategic thinking skills and ability to apply in a variety of complex business situations.; Excellent communication skills: with ability to flex communication style across a broad and varied set of international markets; Proven ability to communicate complex pricing analyses in simple terms.; Demonstrated ability to manage multiple priorities, timelines.; Proven focus on integrity and credibility.; Understanding of marketing mix and the role of pricing and access as part of the mix. We need to ensure we don't lose any detail. Also note there is line: "We hire for skills and capabilities, not just credentials – if this role excites you, but doesn’t perfectly match your resume, we encourage you to apply anyway." That could go under About the role or maybe a separate note. We'll include in About the role as a paragraph. Pay: Compensation Overview: "Princeton - NJ - US: $196,160 - $237,703 The starting pay range(s) listed above is for full-time employees (FTE). You may also be eligible for additional discretionary incentive cash and stock opportunities. We determine starting pay thoughtfully – carefully considering the nature of the role, required skills, work location, schedule and the knowledge and experience you bring. Final compensation is guided by pay equity principles and applicable employment laws. Compensation programs are reviewed on an ongoing basis and may be adjusted over time to reflect evolving market factors, and individual, team or Company performance." We'll put that in Pay section as

    paragraphs. Benefits: The benefits paragraph: "Subject to the terms and conditions of the applicable plans then in effect, you may be eligible to participate in our comprehensive benefit plans – including wellbeing support, retirement and financial protection benefits, and insurance offerings (medical, dental, vision, life and disability). U.S.-based exempt employees are eligible for Flexible Time Off (FTO), which provides paid time off without a set accrual limit, subject to manager approval, along with 11 paid company holidays each year. Non-exempt employees, RayzeBio employees, and employees located in Puerto Rico receive 160 hours of paid vacation annually for new hires (subject to manager approval), 11 paid company holidays, and 3 optional holidays. Depending on eligibility, employees may also have access to additional time-off benefits, including paid sick leave, up to two paid volunteer days per year, summer hours flexibility, and leaves of absence for medical, personal, parental, caregiver, bereavement, or military needs. Eligible employees also enjoy an annual Global Shutdown between Christmas Day and New Year's Day. U.S.-based job seekers can explore full benefit offerings at https://careers.bms.com/benefits" We'll put that in Benefits section. We must not include sections like How We Work, Supporting People With Disabilities,

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