Role Summary
Director, Pricing Policy and Analytics β oversee policy impact on pricing and build advanced analytics for the Pricing & Contracting team in the US; hybrid in Princeton, NJ.
Responsibilities
- Evaluate policy impact on pricing strategies and policies that align with company objectives and regulatory compliance, and influence market dynamics for US products.
- Develop data-driven pricing dashboards and analytical models to inform executive decision-making for in-line and pipeline assets.
- Benchmark pricing strategies across therapeutic areas and track payer/PBM behavior, formulary decisions, and contract performance to inform pricing tactics.
- Oversee development and application of advanced analytics models to evaluate price elasticity, scenario modeling, and value-based pricing strategies.
- Use claims data and forecasting tools to inform pricing decisions and reimbursement strategies.
- Monitor and evaluate policy developments (e.g., CMS reforms, IRA, international reference pricing) and their potential impact on pricing and access strategies.
- Lead refinement of pharmaceutical pricing policies in alignment with commercial, legal, and market access strategies.
- Collaborate with Market Access, Government Affairs, Legal, Regulatory, Finance, and Commercial teams to ensure pricing policies are consistent, competitive, and compliant.
- Benchmark pricing strategies across geographies and track payer and PBM behavior, formulary decisions, and contract performance.
Qualifications
- Required: Advanced degree (MBA, Finance, Healthcare Management or related) with 8β12 years of experience in pharmaceutical pricing and contracting, pricing policy, advanced analytics or market access.
- Preferred: Deep understanding of US and global pricing frameworks, reimbursement environments, and health policy trends.
- Required: Experience managing large datasets, pricing models, and policy impact analyses; familiarity with value-based contracting and innovative pricing models.
- Required: Proficiency with SAS, R, Python, or Tableau for advanced data analysis; strong written and verbal communication skills.
Skills
- Analytical thinking and proactive, collaborative approach
- Entrepreneurial mindset; ability to thrive in a dynamic environment
- Ability to manage multiple work streams with high attention to detail
Education
- Masterβs degree in Business Administration, Finance, Healthcare Management, or related field (preferred)
Additional Requirements
- Travel: Approximately 10%