Oncology Pricing & Contracting Strategy Lead

Posted 13 Days Ago
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2 Locations
In-Office
Senior level
Healthtech • Biotech • Pharmaceutical
The Role
Lead pricing and contracting strategy for an oncology portfolio: set short- and long-term pricing, oversee contracting execution, manage ASP/reimbursement forecasting, lead a small team, develop business cases, align with brand, market access, legal, and finance, and support pipeline/launch strategies across payors, PBMs, IDNs, and providers.
Summary Generated by Built In

Oncology Team Lead, Director Pricing & Contracting

Reporting to the Sr. Director, Pricing & Contracting Strategy, the Oncology Lead of Pricing & Contracting Strategy is responsible for overseeing, defining, and designing short and long-term pricing & contracting strategies for a portfolio of oncology products. This role owns the portfolio remit and carries accountability for the strategy, scope, and outcomes across assigned product portfolios (inline and pipeline), recognizing that individual directors will be responsible for product-level remit. The individual will operate as both a people leader and an individual contributor, including direct leadership of a team, while also personally driving strategic workstreams. The individual will develop, deploy, optimize, and monitor GSK’s overall strategic direction within the key accounts sectors, including Payors, PBMs, Integrated Delivery Networks (IDNs), Integrated Health Systems (IHS), large group practices (community and institutional), and other ancillary care providers impacting our business.

Additional responsibilities include pricing strategies for oncology portfolios/ products, the ability to manage ASP and reimbursement forecasting, and assessments of legislative changes to brands. Within this scope of work the incumbent will help shape value propositions, value evidence recommendations, environmental assessments in alignment with account-based resources, overall business planning, contracting, and other activities across multiple customer channels. This role will provide strategic support and guidance to members of the team and help communicate PCS goals and strategy to senior leaders and stakeholders as well as coordinate closely with matrix stakeholders to ensure that the trends affecting the needs of our key customer base properly align with the brands’ overall strategy and goals. The successful candidate will have a strong background in leading and presenting complex analytic projects, used to influence brand strategy and ensure contracting needs are incorporated. This person will provide marketing support to Account Leads, field teams, and marketing while developing business cases to optimize short and long-term contract strategies.
 

Key Responsibilities:

  • Lead and coach a team of (currently 3) direct reports while continuing to serve as an individual contributor on high-priority portfolio and contracting strategy workstreams
  • Provide strategic guidance to individuals on the team to ensure effective communication to stakeholders and senior leaders
  • Define and design short- and long-term pricing & contracting strategies for GSK’s oncology portfolio
  • Own and be accountable for the assigned portfolio remit, including strategic scope, prioritization, governance, and delivery of pricing and contracting objectives
  • Clearly communicate portfolio level strategies and impacts to stakeholders and leaders
  • Support development of pipeline and product launch pricing and contracting strategies
  • Engage with all key stakeholders to effectively monitor current contract performance and inform on current/future state of business and competitive actions/offers impacted by competition and market trends
  • Closely partner with all relevant stakeholders for tactical execution of contract strategy
  • Focus of strong partnership with brand marketing and brand market access to ensure key account strategic and tactical alignment
  • Partner with all stakeholders to help shape the annual business planning process for strategic customer engagement including pricing, contracting guidelines, and contract operations
  • Develop business cases to support the contract review and approval processes including partnership with legal, brand marketing, market access, and finance
  • Collaborate with other relevant stakeholders to ensure enablers for key customer and environmental strategies are in place

Why You?

Basic Qualifications:                                                           

  • Bachelor's Degree
  • 7+ years relevant pharmaceutical experience (e.g., Market Access, Pricing, Contract Analytics, Brand Marketing, Market Research, Finance, etc.)
  • 3+ years of experience in navigating payer, provider, and legislative landscape and application of Pharmaceutical Marketing Competences (i.e., segmentation, customer insight, positioning, marketing mix)
  • Experience with buy and bill drugs, inclusive of ASP dynamics
  • Travel Required: 10-15%
  • Hybrid role requiring 2-3 days/week onsite at either our Philadelphia, PA (FMC Building) or Durham, NC location.

Preferred Qualifications:                                                     

  • MBA
  • Experience working with teams to develop payer and segment specific market insights and incorporating them into the brand/strategic planning process
  • Leadership experience
  • Ability to combine data analysis with qualitative insights to identify and explain market access, brand, and above-brand drivers of business performance
  • Understanding of corporate finance fundamentals (gross & net sales, P&L inputs, gross margin, COGs, working capital, etc.)
  • Understanding of specialty trade channels, pricing, reimbursement, and appropriate market access strategies
  • Experience with hiring and managing third-party vendors
  • Good understanding of provider reimbursement dynamics at a teach-it level to effectively guide team members (e.g., Average Sales Price [ASP], Net Cost Recovery [NCR], etc.)
  • Experience and understanding of US market access business dynamics and customer business models (PBMs, Health Plans, Providers, Pharmacies, Hospitals, Clinics, ASOCs etc.), mandated government pricing and US market access data analytics at a teach-it level
  • Experience working with a matrixed team in contract approval process, determining most efficient and effective way to operationalize strategy concepts, and liaising with Legal, Compliance, and Contract Operations groups to ensure contract strategies and operational considerations are fully vetted and documented
  • Experience in Specialty or Oncology (exact area of responsibility to be determined based on organizational need and individual experience)

#GSKCommercial   #LI-GSK


Skills

Data to Insights, Digital Fluency, Pricing Management, Pricing Policy, Pricing Strategies, Scientific Literacy, Stakeholder Management

Please visit  GSK US Benefits Summary to learn more about the comprehensive benefits program GSK offers US employees.

Why GSK?

Uniting science, technology and talent to get ahead of disease together.

GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. We aim to positively impact the health of 2.5 billion people by the end of the decade, as a successful, growing company where people can thrive. We get ahead of disease by preventing and treating it with innovation in specialty medicines and vaccines. We focus on four therapeutic areas: respiratory, immunology and inflammation; oncology; HIV; and infectious diseases – to impact health at scale.

People and patients around the world count on the medicines and vaccines we make, so we’re committed to creating an environment where our people can thrive and focus on what matters most. Our culture of being ambitious for patients, accountable for impact and doing the right thing is the foundation for how, together, we deliver for patients, shareholders and our people.

If you require an accommodation or other assistance to apply for a job at GSK, please contact the appropriate Recruitment Staff by emailing us at - [email protected]

GSK is an Equal Opportunity Employer. This ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), military service or any basis prohibited under federal, state or local law.

Important notice to Employment businesses/ Agencies

GSK does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact GSK's commercial and general procurement/human resources department to obtain prior written authorization before referring any candidates to GSK. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and GSK. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of GSK. GSK shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site.

Please note that if you are a US Licensed Healthcare Professional or Healthcare Professional as defined by the laws of the state issuing your license, GSK may be required to capture and report expenses GSK incurs, on your behalf, in the event you are afforded an interview for employment. This capture of applicable transfers of value is necessary to ensure GSK’s compliance to all federal and state US Transparency requirements. For more information, please visit the Centers for Medicare and Medicaid Services (CMS) website at https://openpaymentsdata.cms.gov/

Skills Required

  • Bachelor's Degree
  • 7+ years relevant pharmaceutical experience (Market Access, Pricing, Contract Analytics, Brand Marketing, Market Research, Finance, etc.)
  • 3+ years navigating payer, provider, and legislative landscape and applying pharmaceutical marketing competencies
  • Experience with buy-and-bill drugs, including Average Sales Price (ASP) dynamics
  • Experience leading and presenting complex analytic projects to influence brand and contracting strategy
  • Hybrid role requiring 2-3 days per week onsite at Philadelphia, PA or Durham, NC
  • Travel up to 10-15% (occasional travel)
  • MBA
  • Leadership experience (managing and coaching a team)
  • Ability to combine data analysis with qualitative insights to identify market access and brand drivers
  • Understanding of corporate finance fundamentals (gross & net sales, P&L inputs, gross margin, COGs, working capital)
  • Understanding of specialty trade channels, pricing, reimbursement, and market access strategies
  • Experience hiring and managing third-party vendors
  • Good understanding of provider reimbursement dynamics (ASP, Net Cost Recovery, etc.)
  • Experience with US market access business dynamics and mandated government pricing and data analytics
  • Experience working with matrixed teams across Legal, Compliance, Contract Operations for contract approval processes
  • Experience in Specialty or Oncology

GSK Compensation & Benefits Highlights

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

  • Strong & Reliable Incentives Compensation is characterized as including strong salary and perks, with annual bonuses and long-term incentives contributing materially to total rewards. Recognition and performance-linked rewards are described as a consistent component of the package.
  • Healthcare Strength Health coverage is presented as comprehensive, spanning medical, dental, vision, disability, life insurance, and mental health benefits. The breadth of coverage is repeatedly framed as a standout element of the overall rewards experience.
  • Retirement Support Retirement offerings are described as robust, anchored by a 401(k) plan and additional savings vehicles such as employee stock purchase programs. Employer contributions and savings options are portrayed as meaningful supports for long-term financial security.

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The Company
HQ: Brentford
105,615 Employees
Year Founded: 2000

What We Do

A science-led global healthcare company with a special purpose: to help people do more, feel better, live longer. We have three global businesses that research, develop and manufacture innovative pharmaceutical medicines, vaccines and consumer healthcare products. We aim to bring differentiated, high-quality and needed healthcare products to as many people as possible, with our three global businesses, scientific and technical know-how and talented people.

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