Dr Reddys Laboratories

Director National Accounts

Dr Reddys Laboratories$130K — $180K *
US-AnywhereRemote in Princeton, NJ
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred.
  • 10+ years of direct US Payer Account management experience.
  • 5 years of experience with Biologics products and medical benefit drugs.
  • Strong negotiation skills with financial acumen for complex contracts.
  • Deep industry relationships and experience in successful US product launches.

Responsibilities

  • Lead account management activities with National Accounts for access and reimbursement strategies.
  • Establish strategic relationships with Medical and Pharmacy Directors in assigned Accounts.
  • Collaborate with leadership to refine the company's Payer access strategy.
  • Execute market access strategies tailored to assigned National Accounts.
  • Demonstrate in-depth knowledge of Medicare and commercial payer policies and reimbursement processes.
  • Implement contract strategies to enhance reimbursement access for Payors.
  • Work cross-functionally to develop strategies supporting brand value propositions.

Benefits

  • Comprehensive health care coverage.
  • Retirement savings plan.
  • Discretionary bonus eligibility.
  • Leave benefits.
Full Job Description
Job Description

We are seeking Director National Accounts to lead the execution of market access and reimbursement strategies supporting DRL portfolio as well as future pipeline products. Responsible for National Payors, the incumbent will lead the planning and execution in terms of formulary coverage and reimbursement, navigate existing and emerging payer policies, formulary design, competitive landscape, pricing, contracting strategies, potential barriers to provider and patient access.

The role will report into the Head of Market Access, Biologics for North America

Responsibilities:
  • Lead all account management activities with assigned National Accounts including but not limited to access and reimbursement strategies, formulary coverage, establishing medical policies, contract negotiation and relationship management.
  • Establish strategic relationships with key stakeholders including Medical and Pharmacy Directors within assigned Accounts and educate all on Dr. Reddy's biologic portfolio.
  • Collaborates with commercial leadership and executive management to develop and refine the company's Payer access strategy providing input on product offerings, pricing, and contracting.
  • Responsible for executing customer-specific market access strategies to assigned National Accounts.
  • Demonstrate knowledge and experience in Medicare Part A-D, Medicaid, and commercial payer policies, reimbursement process, health policy, areas of coverage and payment.
  • Develop and implement contract strategies that create reimbursement access & coverage with Payors while protecting ASP and the GTN.
  • Collaborate with internal stakeholders on product and customer strategies to support brand value propositions and secure market access/formulary acceptance of DRL products.
  • Collaborate with the cross-functional field team to develop and implement strategies around reimbursement, and product/HCP pull-through within assigned accounts.
  • Provide leadership and development to internal and external matrix teams to support strong relationships with National Accounts.
  • Develop senior level relationships and thought leader advocacy within assigned accounts.
  • Attend key organizational meetings and conferences such as PCMA, AMCP and Asembia.
  • Review and analyze product performance and communicate payer account performance broadly with key internal stakeholders.
  • Work closely with legal and regulatory departments to ensure proper compliance.


Qualifications

Educational qualification: Bachelor's degree required; MBA preferred

Minimum work experience: At least 10+ years of direct US Payer Account management experience.

Five years' experience managing Biologics products and medical benefit drugs

Skills & Attributes:
  • Demonstrated skills in business planning and payer strategy development with strong problem-solving skills.
  • Demonstrated negotiation skills and financial acumen required to manage complex customer engagements (Pre-information exchange) and contractual agreements.
  • Seasoned National Accounts leader with deep industry relationships.
  • Successful product launch experience in the US required with a preference for specialty drug launches.
  • In-depth knowledge of pharmaceutical manufacturer compliance requirements, product reimbursement and product access.
  • Demonstrated experience working with HUB, co-pay, and other patient service providers.
  • Strong communicator with the ability to influence others.
  • Experience with Commercial Brand Planning process, able to translate brand disease state and business drivers into payer programs.
  • Ability to translate and compile data into comprehensive and functional reports.
  • Strong leadership and teamwork skills with demonstrated skills working cross functionally to gain alignment and improve business performance.
  • Highly organized and detail oriented, excellent written and oral communication skills.
  • Ability to travel as required for customer meetings, conferences, and internal meetings up to 50%


Additional Information

Must be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring visa transfer or sponsorship, now or in the future.

Dr.Reddy's Laboratories offers a competitive total rewards package including base salary determined on the basis of role, experience, skill set and location. Additionally, employees are eligible for an annual discretionary bonus, and benefits including comprehensive health care coverage, retirement savings plan and leave benefits. Additional details about total compensation and benefits will be provided during the hiring process.

Our Work Culture

Ask any employee at Dr. Reddy's why they come to work every day and they'll say, because Good Health Can't Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we're always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.

Videos To Watch
https://www.youtube.com/watch?v=W7nNaz9zVMY

About Dr Reddys Laboratories

Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad, Telangana, India. The company was founded by Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas. The company has over 21,000 employees worldwide and operates in more than 40 countries. Dr. Reddy's Laboratories is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Learn more about Dr Reddys Laboratories
Size
22,739 employees
Market Cap
$8.4 billion
Industry
Net Income
$15.3 billion
5 Year Trend
+8.8%
Revenue
$181.2 billion
NASDAQ

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