Associate Director, Channel & Pricing Strategy

Posted Yesterday
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Hiring Remotely in East Hanover, NJ, USA
In-Office or Remote
160K-298K Annually
Senior level
Biotech • Pharmaceutical
The Role
Lead development and implementation of channel- and portfolio-level contracting and pricing strategies. Use analytics and modeling to support market access, distribution/GPO contracting, forecasting, and financial integrity. Collaborate cross-functionally with Sales, Marketing, Medical, Trade Operations, and Finance to align strategies, address pricing/access issues, and support launch and inline products.
Summary Generated by Built In

Job Description Summary

#LI-Remote
This position can be based remotely anywhere in the U.S. (there may be some restrictions based on legal entity). Please note that this role would not provide relocation as a result. This position will require up to 25% travel as defined by the business (domestic and/or international).
The Associate Director, Channel & Pricing Strategy will be responsible for developing specific product and portfolio channel contracting strategies and leading the implementation of customer contract/pricing programs. The Associate Director, Channel & Pricing Strategy, will help create business solutions that meet both external customer and Novartis business needs by working cross-functionally with internal executive management while gaining customer insights and channel business knowledge to effectively drive customer satisfaction and maximize Novartis business. Additionally, this position will support the development and cross-functional interaction for optimal US Novartis pricing, contracting portfolio and IPST strategies for assigned in-line, launch and pipeline products.


 

Job Description

Key Responsibilities:

  • Partner with Director, Channel & Pricing Strategy to develop channel specific and portfolio contract strategies in line with Business Unit sales goals and customer needs; align strategy with other key Sales, Marketing, Medical and Managed Care functions and ensures cross-functional support
  • Develop analytics-driven contract strategies in line with Product Strategy sales goals and customer needs
  • Support the development of market access strategies for inline and pipeline products by conducting pre-modelling scenarios for market and competitor analyses, stakeholder and pricing and channel research
  • Leverage analytics and modeling to support contract strategies designed to build long-term access goals, based on deep understanding of the organization, structure, business strategy and priorities
  • In partnership with Novartis Trade Operations and Managed Markets Finance, ensure financial and data integrity and adequate data flows between the company and distribution / GPO accounts and trade partners
  • Develop and disseminate distribution related modeling, analytics and reporting to ensure accurate information and timeliness
  • Ability to work with internal and external partners to redress pricing and access issues through a deep understanding of Novartis, wholesaler and GPO contracts and systems
  • Understanding of government pricing implications on different discounting strategies
  • Act as a subject matter expert for GPO and distribution network in line and launch products

Essential Requirements:

  • Education: Bachelor’s degree required; MBA, Health Policy or equivalent preferred
  • Minimum of 5 years’ experience with significant focus in the following areas, including but not limited to Finance, Consulting, Pharmacy, Market Access, or Business Development, with an emphasis on pharmaceutical distribution or GPOs 
  • Thorough understanding and knowledge of US healthcare economics and the drivers of pharmaceutical demand, including pricing and reimbursement 
  • Deep understanding of Distribution processes and their roles in the changing market landscape 
  • Ability to clearly articulate new or revised deal terms though a demonstrated knowledge of downstream pharmaceutical channels 
  • Strong proficiency in contract process, negotiation and forecasting 
  • Deep understanding of US pharmaceutical value chain and its business processes 
  • Ability to navigate change 

Desirable Requirements:

  • Previous consulting experience preferred

Novartis Compensation Summary:

The salary for this position is expected to range between $160,300 and $297,700 per year.

The final salary offered is determined based on factors like, but not limited to, relevant skills and experience, and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.

Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards.

US-based eligible employees will receive a comprehensive benefits package that includes health, life and disability benefits, a 401(k) with company contribution and match, and a variety of other benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.


 

EEO Statement:

The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. 


 

Accessibility and reasonable accommodations

The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or to perform the essential functions of a position, please send an e-mail to [email protected] or call +1(877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.


 

Salary Range

$160,300.00 - $297,700.00


 

Skills Desired

Access And Reimbursement Strategy (Inactive), Agility (Inactive), Analytical Skill (Inactive), Analytical Thinking, Cross-Functional Collaboration, Customer-Centric Mindset (Inactive), Employee Development, Finance, Go-to-Market Strategies, Healthcare Policies, Healthcare Sector Understanding (Inactive), Health Economics, Health Technology Assessment (HTA), Innovation, Inspirational Leadership, Market Access Strategies, People Management, Process Management, Project Management, Public Affairs, Real World Evidence (RWE), Regulatory Compliance, Risk Management, Value Propositions

Skills Required

  • Bachelor's degree
  • MBA, Health Policy or equivalent
  • Minimum of 5 years' experience in Finance, Consulting, Pharmacy, Market Access, or Business Development with emphasis on pharmaceutical distribution or GPOs
  • Thorough understanding of US healthcare economics and pharmaceutical pricing and reimbursement drivers
  • Deep understanding of distribution processes and downstream pharmaceutical channels (wholesaler, GPO) and contracts
  • Ability to articulate and negotiate deal terms; strong proficiency in contract process, negotiation and forecasting
  • Experience leveraging analytics and modeling for contract and market access strategy
  • Understanding of government pricing implications on discounting strategies
  • Previous consulting experience

Novartis Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Novartis and has not been reviewed or approved by Novartis.

  • Healthcare Strength Pay and benefits are described as a strong overall package, supported by medical, dental, and vision insurance alongside FSAs/HSAs and disability and life coverage. Mental-health support is reinforced through an employee assistance program with psychological support and a network of mental health first aiders.
  • Retirement Support Retirement support is positioned as a standout element, with an automatic company contribution plus dollar-for-dollar matching in the 401(k). Additional retirement funding is described through an age-based defined contribution program and access to an employee share purchase plan discount.
  • Parental & Family Support Family-related benefits are framed as robust, including a global minimum of paid parental leave for new parents following birth or adoption. Added supports include domestic partner coverage, dependent-care resources, and benefits such as adoption assistance and child/elder care options.

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The Company
HQ: Basel
110,000 Employees
Year Founded: 1996

What We Do

Novartis is an innovative medicines company. Every day, working to reimagine medicine to improve and extend people’s lives so that patients, healthcare professionals and societies are empowered in the face of serious disease. Our medicines reach more than 250 million people worldwide.

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