Novartis Pharmaceuticals

Associate Director, Channel & Pricing Strategy

Novartis Pharmaceuticals$160K — $297K *
US-Anywhere
+ 2 other locationsRemote
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA or Health Policy preferred.
  • 5+ years experience in Finance, Consulting, Pharmacy, Market Access, or Business Development with a focus on pharmaceutical distribution or GPOs.
  • Thorough understanding of US healthcare economics and pharmaceutical demand dynamics.
  • Deep knowledge of Distribution processes and their evolving roles in the market.
  • Demonstrable ability to articulate new deal terms related to pharmaceutical channels.
  • Strong contract negotiation and forecasting skills.

Responsibilities

  • Partner with Director to develop channel-specific and portfolio contract strategies aligned with sales goals.
  • Create analytics-driven contract strategies aligned with product sales objectives.
  • Support market access strategies through competitor analysis and pricing research.
  • Utilize analytics and modeling to develop contract strategies for long-term access goals.
  • Ensure financial integrity and data flow with Trade Operations and Managed Markets Finance teams.
  • Provide distribution modeling and analytics to maintain accurate reporting.
  • Collaborate with internal and external partners to resolve pricing and access challenges.

Benefits

  • Comprehensive health, life, and disability insurance.
  • 401(k) plan with company contribution and matching.
  • Generous time-off package, including vacation, personal days, and holidays.
  • Eligibility for performance-based cash incentives and potential equity awards.
Full Job Description

Band

Level 5

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: Bachelor6s degree required; MBA, Health Policy or equivalent preferred
  • Minimum of 5 years6 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 GPOs6
  • Thorough understanding and knowledge of US healthcare economics and the drivers of pharmaceutical demand, including pricing and reimbursement6
  • Deep understanding of Distribution processes and their roles in the changing market landscape6
  • Ability to clearly articulate new or revised deal terms though a demonstrated knowledge of downstream pharmaceutical channels6
  • Strong6 proficiency6 in contract process,6 negotiation6 and forecasting6
  • Deep understanding of US pharmaceutical value chain and its business processes6
  • Ability to navigate change6

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.


Salary Range

$160,300.00 - $297,700.00


Skills Desired

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

About Novartis Pharmaceuticals

Novartis International AG is a Swiss multinational pharmaceutical company based in Basel, Switzerland. It is one of the largest pharmaceutical companies by both market capitalization and sales. Novartis manufactures and markets a wide range of pharmaceuticals, including prescription drugs and over-the-counter medications. The company's products are used to treat a variety of medical conditions, including cancer, heart disease, and respiratory disorders. Novartis also has a strong presence in the generic drug market, with its Sandoz division producing a wide range of generic drugs. The company is committed to research and development, with a focus on developing innovative treatments for unmet medical needs.
Learn more about Novartis Pharmaceuticals
Size
110,000 employees
Market Cap
$219.9 billion
Industry
Net Income
$8 billion
Founded
1996
5 Year Trend
+1.4%
Revenue
$49.8 billion
NASDAQ

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