Novartis Pharmaceuticals

Director, Payer & Pricing Strategy

Novartis Pharmaceuticals$194K — $361K *
US-AnywhereIn-Person
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred
  • Minimum of 7 years in pharmaceutical industry or related Market Access experience
  • Thorough understanding of US healthcare economics
  • Extensive experience in healthcare contracting and market landscape
  • Proven ability to navigate complex customer relationships
  • Demonstrated organizational and analytical skills
  • Inspirational leadership with significant experience

Responsibilities

  • Collaborates with Pricing & Portfolio Strategy team to develop strategic direction
  • Develops account-specific contract strategies aligning with sales goals
  • Creates pricing and channel strategies for patient access and profitability
  • Evaluates potential contract efforts and supports customer negotiations
  • Develops market access strategies through stakeholder and pricing research
  • Ensures compliance with ethical policies whilst promoting an inclusive environment
  • Leads cross-functional efforts to maximize pricing strategies for products

Benefits

  • Comprehensive health, life, and disability benefits
  • 401(k) with company contribution and match
  • Generous time-off package including vacation and personal days
  • Eligibility for performance-based cash incentives and annual equity awards
Full Job Description
Job Description Summary
#LI-Remote

#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. The expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager. This position will require 15% travel.

The Director, Payer & Pricing Strategy, will serve as the strategic team lead for large National and Contracted Regional Accounts and Immunology products that represent multi-billion dollars revenue. This position is responsible for creating business solutions that meet both external customer and Novartis business needs by working cross-functionally with internal executive management while gaining customer insights and payer business knowledge to effectively drive customer satisfaction and maximize Novartis business. Additionally, this position will champion the development and cross-functional interaction for optimal US Novartis Innovative Medicines pricing, contracting portfolio and Franchise strategies for assigned in-line, launch and pipeline products.

Job Description

Key Responsibilities:
  • Collaborates with other National Account, Pricing & Portfolio Strategy team to develop strategy
  • Develops account specific and portfolio contract strategies in line with Business Unit sales goals and customer needs; aligns Account strategy with other key Sales, Marketing, Medical and Managed Care functions and ensures cross-functional support
  • Develops pricing, contracting and channel strategies for optimal patient access and profitability for new and in-line immunology products focusing on the full commercialization continuum
  • Responsible for the strategic and financial evaluation of potential contracting efforts, support of customer negotiations and end-to end Brand payer contract execution
  • Supports 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
  • Works within ethical and compliance policies and ensures a diverse and inclusive environment free from all forms of discrimination and harassment


Essential Requirements:
  • Education: Bachelor's degree or equivalent education/degree required; MBA or equivalent preferred
  • A minimum of 7 years of pharmaceutical industry, Market Access, payer experience or related experience
  • Thorough understanding and knowledge of US healthcare economics and the drivers of pharmaceutical demand, including pricing and reimbursement
  • Extensive experience in healthcare contracting and critical understanding of PBM, National and Regional Health Plan business, Medicare Part D, Medicare Part B and changing market landscape
  • Proven ability to navigate complex customers and build relationships across all key stakeholders, including executive management
  • Demonstrated prioritization, organizational and analytical skills as well as the ability to create solutions for complex processes and procedures
  • Inspirational leadership with significant leadership experience and a high level of self-awareness and curiosity with focus on empowering others
  • Demonstrates high degree of emotional intelligence, adaptability and creativity in solution-oriented ideation - results-oriented, fails fast to learn faster, and embodies an agile, growth mindset
  • In-depth knowledge of patient access, launch excellence, marketing and business processes and ability to analyze complex business issues
  • Deep understanding of US pharmaceutical value chain and its business processes


Novartis Compensation Summary:

The salary for this position is expected to range between $194,600 and $361,400 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
$194,600.00 - $361,400.00

Skills Desired
Access And Reimbursement Strategy, 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), Influencing Skills, Innovation, Inspirational Leadership, Lcm Strategy, Market Access Strategy, Negotiation Skills, People Management, Pricing Strategy, Process Management, Product Launches, Project Management {+ 7 more}

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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