Job ID |
54197BR |
Posting Title |
Associate Director, Segment and Pricing Strategy, Oncology |
Division |
Pharmaceuticals |
Business Unit |
Oncology |
Country |
USA |
Work Location |
United States - New Jersey |
Company/Legal Entity |
USA Novartis Pharmaceuticals Corporation, East Hanover, NJ |
Posting Functional Area |
Managed Markets |
Job Type |
Full Time |
Employment Type |
Permanent |
Job Description |
- Monitor and evaluate reimbursement and pricing environment/trends.
-Design, develop pricing models to evaluate pre and post launch strategies with key customers including impact to ASP, AMP and best price.
-Model impact of life cycle pricing strategies including true realized profitability.
-Model impact of legislative measures on revenue.
- Develop/recommend pricing and reimbursement strategy for new products (Phase I through launch) including the evaluation of value based contracting and role of comparative effectiveness.
- Support development and recommendation of innovative contracting opportunities such as value based contracting, flex pricing and cost-cap and align with global efforts through interaction with global counterparts.
-Align key players including, Brand,Scientific Operations, Finance, Policy, Managed Markets and Field around strategic pricing plan and implement plan components. |
Minimum requirements |
- Requirements for the position include leadership, proven results, innovation and application of consistent analytics and data management for designing & evaluating pricing strategies, ensuring compliance with all audit responsibilities. Strong collaboration across US and Global Oncology Brands, Sci Ops, Business Analysis, Finance, Policy and Managed Markets Finance
- Bachelors Degree in Math, Economics or other critical thinking major; advanced business degree (MBA) preferred
- 5+ years experience in the US pharmaceutical industry with an emphasis in pricing or strategic/product functions with a minimum of 5 years in pricing and strategy.
- Strong MS Excel skills including experience in developing financial models.
- Understanding of drug pricing, including First Databank and or Medispan data sources. Knowledge of AMP & ASP pricing including Best Price.
- Knowledge of Business of Oncology, Payer Landscape, and Segment stakeholders.
- Understand and utilize economic, and financial, data to accurately diagnose, analyze and act upon business opportunities.
- Understanding of Benefit Design & Economics associated with Commercial, Medicaid and Medicare Reimbursement for both oral and IV Oncology Pharmaceuticals with Oncology Customers.
- Ability to succinctly and clearly communicate recommended modeling results to leadership team. |