RCI-AZN-1002 Director Strategic Pricing
- Mississauga, ON, Canada
$200,000 to $220,000 CAD / year · Full-time
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Job details
- Pay
- $200,000 to $220,000 CAD / year
- Job type
- Full-time
- Apply by
- Experience
- Significant relevant pharmaceutical experience (7-10+ years) in Market Access, including specific dedicated experience in Market Access Strategy or Pricing
- Posting language
- English
- Posted
Original job description
Summary:
- Responsible for developing and managing pricing strategies for new and existing pharmaceutical products, including rebates and pricing structures.
- Strong knowledge of PMPRB regulations and Canadian pharmaceutical pricing requirements is essential.
- Will lead and manage a team of approximately 6–10 professionals.
- Must have pharmaceutical/drug industry experience; medical device or other non-pharma experience alone is not sufficient.
- Experience managing large, complex organizations and cross-functional business environments is required.
Responsibilities:
- Lead, develop and cultivate the Strategic Pricing team, empowering a team culture aligned to Client’s values, fostering an environment of innovation, a solutions-oriented approach to problem solving and a strong focus to achieve results
- Establish forward-thinking pricing strategies including list and net price approaches for all client brands: Leads the development and local/global approval of gross and net pricing strategies
- Develop viable deal structures for payer negotiations and build innovative, fit-for-purpose contracting solutions for public and private payers that improve near and long term brand contribution
- Lead early asset input, shaping pricing and commercial potential
- Responsible for adherence to global pricing policies and managing processes for exceptions management
- Implement processes for the planning and analyses of rebates and chargebacks for all pricing contracts (public, private, hospital/GPO)
- Collaborate with business units to create and communicate the pricing requirements for each business segment, develop the financial models, consolidate data to allow for multiple views of the information, and prepare presentations for leadership review
- Work with Commercial Financial Planning to understand the financial impact of current gross-to-net reserves, pipeline stocking, existing and future contracting on Net Sales results
- Responsible for pricing compliance and reporting requirements locally and globally including PMPRB reporting, monitoring, and issues management.
- Advise and leads client position and response to policy changes that involve pricing aligned to our corporate strategic direction (i.e. PMPRB)
- Advise business on net price impact and performance for Patient Support Program offerings including Free Drug Programs and co-pay support – responsible for local and global pricing approvals process related to the above
- Establish & monitor pricing metrics including year-over-year price variance by brand and by region, assess net price performance vs. targeted goals
- Remain current on pricing environment and engages with industry associations and key industry colleagues to proactively identify emerging trends, opportunities or challenges in the market place including government health policy changes and cost containment initiatives.
Qualifications:
- Bachelors’ degree in a relevant quantitative specialty. MBA is an asset.
- Significant relevant pharmaceutical experience (7-10+ years) in Market Access, including specific dedicated experience in Market Access Strategy or Pricing
- Solid understanding and experience with Canadian payer environment and PMPRB specifically
- Experienced team and people leader with previous people management experience
- Ability to think strategically about complex and systematic challenges, and able to build results oriented approaches
- Track record of leveraging analytic rigour to deliver business-optimized solutions
- Business knowledge and credibility at senior commercial levels
- Strong interpersonal and influencing abilities
- Excellent communications skills (written, spoken and presentation)
- Strong people leadership skills, passionate about developing teams
- Strong negotiation and facilitation skills; strong communication skills
- Strategically agile with strong business insight and can synthesize information from diverse sources to build strategies and solutions
Career link: https://talentarbor.com/job/details/141791/3/159/director-strategic-pricing-mississauga-on-ca
More about this job
Responsibilities
Lead the Strategic Pricing team and develop pricing strategies, deal structures, and contracting solutions for pharmaceutical products across public and private payers. Oversee pricing compliance and reporting, rebate and chargeback analysis, financial impact assessments, pricing metrics, and responses to policy changes, including PMPRB requirements.
Requirements
Requires a bachelor's degree in a relevant quantitative specialty and 7–10+ years of pharmaceutical Market Access experience, including dedicated pricing or Market Access Strategy experience; an MBA is an asset. Candidates need Canadian payer and PMPRB expertise, prior people-management experience, strong analytical and strategic capabilities, and effective leadership, negotiation, communication, and influencing skills.
Skills
- Strategic Pricing
- Pharmaceutical Market Access
- Canadian Payer Environment
- PMPRB Regulations
- Pricing Strategy
- Rebate and Chargeback Analysis
- Payer Negotiations
- Contracting Solutions
- Financial Modeling
- Pricing Compliance
- Policy Analysis
- People Leadership
- Cross-Functional Collaboration
- Analytical Problem-Solving
- Communication and Presentation
- Negotiation and Facilitation
Visa sponsorship
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Categories
- Management & Leadership
- Healthcare
- Finance & Accounting
Keywords
- Strategic Pricing
- Pharmaceutical Industry
- Market Access
- Market Access Strategy
- Canadian Payer Environment
- PMPRB
- Pricing Regulations
- Gross Pricing
- Net Pricing
- Rebates
- Chargebacks
- Payer Negotiations
- Public Payers
- Private Payers
- Contracting Solutions
- Pricing Compliance
- Pricing Reporting
- Financial Modeling
- Net Sales
- Commercial Financial Planning
- Patient Support Programs
- Free Drug Programs
- Copay Support
- Pricing Metrics
- Government Health Policy
- Cost Containment
- Cross-Functional Collaboration
- People Management
- Leadership
- Negotiation