Summary:The Director, US Pricing and Economics will be responsible for driving pricing analytics and strategic insights across the BMS Portfolio, focusing on ICV.
Responsibilities:- Provide leadership and expertise to prepare for items needing US Pricing Committee approval
- Consolidate Brand Budget and LTFP Gross and Net Price projections for senior pricing leadership
- Provide strong guidance and support for the development and implementation of US Pricing strategies for key products in partnership with Global MAx teams inclusive of pricing strategy teams.
- Evolve pricing and economics for brands in response to new indications/clinical data, updated competitive environment, new product launches / dosing or any other developments that impact the brand's pricing and reimbursement.
- Utilizes sophisticated analytics and strong financial acumen to evaluate impact of pricing scenarios on volume/revenue
- Drive the development and implementation of US pricing strategies particularly for key products in partnership with Global MAx teams inclusive of pricing strategy teams.
- Anticipate and analyze significant changes in both external and internal market pricing dynamics that may influence their products
- Support pricing evaluations for business development opportunities
- Analyze innovative contractual solutions for respected brands.
- Develop and ensure US Pricing Strategies/GOAs for their in-line brands are kept up to date with prevailing market conditions and competitive landscape.
- Support the DEX pricing evaluations as necessary, ensuring the key pricing input and insights are incorporated in the clinical study design process for optimized access & pricing conditions at launch.
- Provide expertise as needed for key pricing & reimbursement negotiations across the globe.
- Select and oversee work of external pricing research vendors and technical experts in the areas of pharmaceutical pricing & payer negotiations.
- Practical experience using AI/LLM tools (e.g., Copilot, ChatGPT, Claude) to accelerate pricing analysis - including scenario generation, data synthesis, sensitivity testing, and first-draft modeling - with sound judgment about where AI output requires validation
- Comfort using AI tools to structure and stress-test pricing frameworks (e.g., generating alternative negotiation scenarios, summarizing
Qualifications:- Bachelors Degree
- Extensive pharmaceutical industry experience; at least, 3 years in areas related to pricing and reimbursement in US and or WW pricing.
- Knowledge of, and expertise with, key pricing and reimbursement systems worldwide
- Knowledge of the US healthcare system and reimbursement environment, market access customers and channels. Experience US pricing analytics
- Strong knowledge of analytical and conceptual tools, and pricing market research techniques, that are relevant to pricing and contracting.
- Strong strategic thinking skills and ability to apply in a variety of complex business situations.
- Excellent communication skills: with ability to flex communication style across a broad and diverse set of international markets. Ability to communicate complex pricing analyses in simple terms.
- Demonstrated ability to manage multiple priorities, timelines.
- Proven focus on integrity and credibility.
- Understanding of marketing mix and the role of pricing and access as part of the mix.
#LI-Hybrid
Compensation Overview:Princeton - NJ - US: $196,160 - $237,703
The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience.
Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/.
Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include:
- Health Coverage: Medical, pharmacy, dental, and vision care.
- Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
- Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
Work-life benefits include:Paid Time Off
- US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
- Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
Based on eligibility*, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.
All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.
*Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.
