Alternative Resources Company
Director, Pricing & Contract Analytics
Alternative Resources Company, Trenton, New Jersey, United States
Vice President, Life Sciences Recruitment at Alternative Resources Company
The Director of Business Pricing and Contract Analytics will lead a team and oversee business analytics for payer, GPO and IDN agreements, including assessments for the development and implementation of strategic pricing and contracting approaches for currently marketed and pipeline product portfolios. This role requires a deep understanding of traditional and innovative approaches to pricing, contracting and reimbursement across payers, GPO’s IDN, specialty pharmacy and buy and bill. In addition, the role required familiarity with operating regulations in commercial and government segments across payer and practice settings. Experience must include US pharmaceutical and biopharma pricing, contracting and reimbursement strategies with commercial and medical payers. Must have ability to work on cross functional teams with demonstrated ability to influence colleagues through a consultative process. This role will demonstrate executive-level experience managing analytics, pricing and contracting dynamics, a strong aptitude for hypothesis-driven analytics and outstanding problem-solving skills. Previous experience leading an Analytics function within the Pharma or Bioph Pharma industry preferred. The role requires a leadership style that can translate strategy into action and communicate the results to senior/executive leadership in a timely manner through disciplined management and performance measurement. Responsibilities Develop Pricing and Contracting Strategy for currently marketed in-line products, pipeline products or products being evaluated for acquisition by overseeing financial modeling and market access forecasting development required to implement strategies. Lead and develop the Pricing and Contract Business Analytics Team comprised of two Senior Managers, assign projects, evaluate performance and ensure all contracting and pricing activities are compliant with company policies. Responsible for pricing and contracting governance, approval, and communication to executive/senior leadership managed through Contract Pricing Review Committee Design and develop pricing models to evaluate the impact of pre- and post-launch strategies, including ASP, AMP, and best price, and making recommendations for adjustments when necessary Support brand financials and GTN management across contracts and patient support program designs Manage Contract Scorecard Process to assess post deal analysis for all Commercial, Medical, GPO, IDN and Government contracts Ensure creation and timely upkeep of Standard Operating Procedures for Pricing development and operations process Qualifications BA or B.S. Degree with concentration in business administration, finance, marketing or engineering degree is preferred. Advanced Degrees are preferable. 10+ years of progressive experience in Contracts, Pricing or Market Access within the pharmaceutical and/or biopharmaceutical industry Prior leadership roles in pricing, contracting/reimbursement, analytics and forecasting development Strong analytical, problem solving and business skills; with the ability to communicate effectively with senior management Proficient in Excel, Word, PowerPoint Strong problem-solving skills, including the knowledge of source data (e.g., Symphony and IQVIA,) with the ability to research complex policy issues and lead quantitative analyses In-depth knowledge of health care pricing, contracting and reimbursement practices and regulatory requirements Knowledge and experience of ASP, AMP, VA, DoD, 340B price calculations dynamics is highly preferred Ability to work in a deadline-driven and fast-paced multi-tasking environment including managing multiple projects with on time completion Seniority level
Director Employment type
Full-time Job function
Other Industries
Pharmaceutical Manufacturing and Biotechnology Research
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The Director of Business Pricing and Contract Analytics will lead a team and oversee business analytics for payer, GPO and IDN agreements, including assessments for the development and implementation of strategic pricing and contracting approaches for currently marketed and pipeline product portfolios. This role requires a deep understanding of traditional and innovative approaches to pricing, contracting and reimbursement across payers, GPO’s IDN, specialty pharmacy and buy and bill. In addition, the role required familiarity with operating regulations in commercial and government segments across payer and practice settings. Experience must include US pharmaceutical and biopharma pricing, contracting and reimbursement strategies with commercial and medical payers. Must have ability to work on cross functional teams with demonstrated ability to influence colleagues through a consultative process. This role will demonstrate executive-level experience managing analytics, pricing and contracting dynamics, a strong aptitude for hypothesis-driven analytics and outstanding problem-solving skills. Previous experience leading an Analytics function within the Pharma or Bioph Pharma industry preferred. The role requires a leadership style that can translate strategy into action and communicate the results to senior/executive leadership in a timely manner through disciplined management and performance measurement. Responsibilities Develop Pricing and Contracting Strategy for currently marketed in-line products, pipeline products or products being evaluated for acquisition by overseeing financial modeling and market access forecasting development required to implement strategies. Lead and develop the Pricing and Contract Business Analytics Team comprised of two Senior Managers, assign projects, evaluate performance and ensure all contracting and pricing activities are compliant with company policies. Responsible for pricing and contracting governance, approval, and communication to executive/senior leadership managed through Contract Pricing Review Committee Design and develop pricing models to evaluate the impact of pre- and post-launch strategies, including ASP, AMP, and best price, and making recommendations for adjustments when necessary Support brand financials and GTN management across contracts and patient support program designs Manage Contract Scorecard Process to assess post deal analysis for all Commercial, Medical, GPO, IDN and Government contracts Ensure creation and timely upkeep of Standard Operating Procedures for Pricing development and operations process Qualifications BA or B.S. Degree with concentration in business administration, finance, marketing or engineering degree is preferred. Advanced Degrees are preferable. 10+ years of progressive experience in Contracts, Pricing or Market Access within the pharmaceutical and/or biopharmaceutical industry Prior leadership roles in pricing, contracting/reimbursement, analytics and forecasting development Strong analytical, problem solving and business skills; with the ability to communicate effectively with senior management Proficient in Excel, Word, PowerPoint Strong problem-solving skills, including the knowledge of source data (e.g., Symphony and IQVIA,) with the ability to research complex policy issues and lead quantitative analyses In-depth knowledge of health care pricing, contracting and reimbursement practices and regulatory requirements Knowledge and experience of ASP, AMP, VA, DoD, 340B price calculations dynamics is highly preferred Ability to work in a deadline-driven and fast-paced multi-tasking environment including managing multiple projects with on time completion Seniority level
Director Employment type
Full-time Job function
Other Industries
Pharmaceutical Manufacturing and Biotechnology Research
#J-18808-Ljbffr