Pfizer

Lead, India Pricing

Posted Yesterday

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Mumbai, Maharashtra

Hybrid

100K-120K Annually

Senior level

Artificial Intelligence • Healthtech • Machine Learning • Natural Language Processing • Biotech • Pharmaceutical

We’re in relentless pursuit of breakthroughs that change patients’ lives.

The Role

Lead pricing governance for Pfizer India, ensuring adherence to global protocols, conducting pricing audits, and developing pricing strategies for pipeline products. Collaborate cross-functionally to optimize pricing decisions and foster relationships with global pricing teams.

Summary Generated by Built In

ROLE SUMMARY
Subject matter expert on regulatory & commercial pricing landscape in IPM; fosters regional / global pricing team relationships and partnerships along with in market collaboration to drive pricing value realization of pipeline and launch assets across Pfizer India businesses
Owner of pricing protocol governance, oversight and continuous improvement, responsible for process audits, risk mitigation / remediation and adherence to global protocols for inline pricing value realization
ROLE RESPONSIBILITIES
Pipeline and New Launch Pricing

Foster relationships and collaboration with regional / global pricing organizations (GASP) across all therapy areas of Pfizer India presence to a. Learn, adopt, customize and disseminate global / regional approach on pipeline and launch asset pricing, relevant to India market considerations and strategic imperatives, and b. Drive advocacy and appreciation of India pricing environment nuances with global / regional pricing teams to influence global pricing guidance from India perspective
As subject matter expert on regulatory pricing landscape and commercial pricing strategies within Indian Pharma Market landscape, develop independent pricing recommendations for pipeline and new launch assets
Collaborate with commercial, regulatory, business analytics and other relevant functions to develop cross-functionally aligned pricing recommendations submitted for global pricing approvals.
Represent India market on regional / global pricing forums, including presentation of pricing proposals and related business rationale / market research / analyses etc. to drive regional endorsement of India pricing proposals
Ownership of adherence to global pricing approval governance process, including education of governance protocols with in-market stakeholders.
Co-create designing pricing market research projects- affordability and willingness to pay studies for informed pricing benchmarking and decisions to optimize business opportunity and patient access.
Provide pricing inputs in the evaluation of pipeline products with aim to support and arrive at optimum business opportunity to assist in go no go decisions.

Inline Pricing Governance and Value

Set up systems and process to take timely price increase of scheduled as well as non-scheduled products and maximize business opportunity.
Support in pricing audits, take corrective and preventive actions to strengthen thepricing operations and governance.
Guide and manage pricing contractors team to manage pricing in SAP including schemes, contracts, margins structures, L1 price points et. Al. Timely release of pricing circulars
internally as well as internally.
Pricing process ownership for price changes or product discontinuation for scheduled products

Key Deliverables: independent / shared deliverables

Inclusion and assimilation of India market nuances in global pricing guidance documents
Cross functional alignment on pricing proposal submissions
Global and regional endorsement on India pricing proposals for new launch assets
Pricing PoV on launch prioritization and go vs. no-go decision for pipeline products.
India market adherence to global pricing governance protocols
Value realization for inline (scheduled and non-scheduled) price increases
Continuous improvement in system and process to improve efficiency, compliance and risk mitigation
Successful audits of pricing governance and protocol
Timeline and regular update / circulation of pricing and scheme circulars

QUALIFICATIONS

10-15 years of subject matter expertise in pharmaceutical pricing landscape, pricing analytics
Proven track record of Commercial and Analytical pricing expertise (incl. pricing market research experience)
Strong business acumen, specifically pricing as lever to realize commercial value
Proven interpersonal and communication skills with ability to foster strong above country and in-country multi-stakeholder relationships
Interpersonal skills with demonstrated expertise w/r/t influence without authority
Knowledge of pricing regulatory environment and related commercial implications
Significant operations excellence and operations governance expertise with ability to own complex process-flows

ORGANIZATIONAL RELATIONSHIPS

Marketing, Medical, Finance, New product team, leadership team, Regional Health and value stake holders including Global Access & Strategic Pricing teams, legal, regulatory teams

RESOURCE MANAGEMENT

3 contractual resources for pricing processes management and oversight

Work Location Assignment: Hybrid
Pfizer is an equal opportunity employer and complies with all applicable equal employment opportunity legislation in each jurisdiction in which it operates.
Market Access

Top Skills

Analytics

Pricing Market Research

SAP

What the Team is Saying

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The Company

HQ: New York, NY

121,990 Employees

Year Founded: 1848

What We Do

Our purpose ensures that patients remain at the center of all we do. We live our purpose by sourcing the best science in the world; partnering with others in the healthcare system to improve access to our medicines; using digital technologies to enhance our drug discovery and development, as well as patient outcomes; and leading the conversation to advocate for pro-innovation/pro-patient policies.

Why Work With Us

We are the inventors, the problem solvers, the big thinkers — those who surmount any hurdle to deliver breakthrough medicines to the people who are counting on them the most.