Senior Strategic Pricing – Contracting Manager
Novo Nordisk
full-time
Posted on:
Location Type: Office
Location: Plainsboro • New Jersey • United States
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Salary
💰 $150,000 - $183,000 per year
Job Level
About the role
- Develops and executes the pricing and contracting strategy for a key Novo Nordisk product category.
- Collaborates with internal and external stakeholders to leverage and implement knowledge of reimbursement, managed care and healthcare policy to develop execution strategies and processes to ensure attainment of market access business objectives.
- Responsible for both inline and pipeline/launch products for aligned therapeutic / franchise area(s).
- Interacts frequently in collaboration with internal management and senior level managed markets customer representatives.
- Ensures strong collaboration across functions to optimize profitable access and provides timely communication of insights to all relevant partners.
- Develops the list price strategy for inline products and manages its tactical execution.
- Develops pricing and contracting strategy, playbook, and guideline development for all new product launches within responsible therapeutic area, with direct implications for account team planning and implementation.
- Actively participates in the optimization of the contracting strategy and roadmap development for the Commercial, Part D, specialty distribution and non-retail segments.
- Monitors US list price and contracting environment for pharmaceutical products.
- Develops key payer engagement tools, programs, and execution plans that will drive long-term profitable relationships with key accounts and the managed markets overall.
Requirements
- A Bachelor 's Degree in Business or equivalent experience.
- MBA or another advanced degree required.
- A minimum of eight (8) years of experience in any of the following areas: pricing, contracting, managed markets strategy, or value communication within payer marketing, national account management, finance, consulting, and/ or market access strategy.
- A minimum of four (4) years of experience in the pharmaceutical industry.
- A minimum of two (2) years of experience in managed markets analytics, financial modeling of pricing and contracting scenarios and strategies for inline and pipeline therapies, or FP&A related to pricing and managed markets.
- Strong understanding of the US payer environment, payer market dynamics, payer marketing principles and how market access organizations make decisions across private & public channels.
- Have strong interpersonal; communication; analytical and project management skills.
- Ability to translate strategies into measurable tactical programs that have high ROI.
- Requires leadership skills with the ability to develop and communicate a vision and engage people in that vision.
- Ability to access and influence various functional areas and motivate groups to action without direct line management responsibility.
Benefits
- medical, dental and vision coverage
- life insurance
- disability insurance
- 401(k) savings plan
- flexible spending accounts
- employee assistance program
- tuition reimbursement program
- voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance
- sick time policy
- flexible vacation policy
- parental leave policy
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing strategycontracting strategymanaged markets analyticsfinancial modelingmarket access strategyvalue communicationpayer marketingaccount managementFP&Atherapeutic area expertise
Soft Skills
interpersonal skillscommunication skillsanalytical skillsproject management skillsleadership skillsstrategic visioninfluencing skillscollaborationengagementmotivation
Certifications
Bachelor's DegreeMBA