Role Summary
Director, Pricing & Contracting Strategy is responsible for defining and designing short and long-term pricing & contracting strategies for a portfolio of products. The role involves developing, deploying, optimizing, and monitoring the companyβΓΓ΄s strategic direction within key account sectors, including payors, PBMs, IDNs, IHS, large group practices, and other ancillary care providers. Hybrid role with 2-3 days onsite at Philadelphia, PA or Durham, NC locations.
Responsibilities
- Define and design short- and long-term pricing & contracting strategies for a portfolio of products
- Lead development of product launch pricing and contracting strategies
- Engage with key stakeholders to monitor contract performance and inform on current/future state of business and competitive actions
- Partner with stakeholders for tactical execution of contract strategy
- Collaborate with brand marketing and brand market access to ensure key account alignment
- Shape the annual business planning process for strategic customer engagement including pricing, contracting guidelines, and contract operations
- Develop business cases to support contract review and approval processes with legal, brand marketing, market access, and finance
- Coordinate with relevant stakeholders to ensure enablers for key customer and environmental strategies are in place
Qualifications
- Required: Bachelor's Degree
- Required: 7+ years relevant pharmaceutical experience (e.g., Market Access, Pricing, Contract Analytics, Brand Marketing, Market Research, Finance, etc.)
- Required: 3+ years navigating payer, provider, and legislative landscape and applying Pharmaceutical Marketing Competences
- Travel Required: 10-15%
- Preferred: MBA
- Preferred: Experience developing payer and segment-specific market insights and integrating them into brand/strategic planning
- Preferred: Ability to combine data analysis with qualitative insights to explain market access, brand, and above-brand drivers
- Preferred: Understanding of corporate finance fundamentals (gross & net sales, P&L, gross margin, COGs, working capital)
- Preferred: Knowledge of specialty trade channels, pricing, reimbursement, and market access strategies
- Preferred: Experience hiring and managing third-party vendors
- Preferred: Understanding of provider reimbursement dynamics (e.g., ASP, NCR)
- Preferred: US market access dynamics and data analytics, including mandated government pricing
- Preferred: Experience in matrixed contract approval processes with Legal, Compliance, and Contract Operations
- Preferred: Experience in Specialty or Oncology (area determined by organizational need)
Skills
- Strategic pricing and contracting
- Market access and payer landscape analysis
- Stakeholder management and cross-functional collaboration
- Analytical project leadership and presentation of complex analyses
- Business case development and contract optimization
- Communication and marketing support for account leads and field teams
Education
- Bachelor's Degree
- MBA (preferred)
Additional Requirements
- Hybrid role requiring 2-3 days onsite weekly at designated locations