AstraZeneca

Director Strategic Pricing

AstraZeneca$120K — $150K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant quantitative field; MBA preferred.
  • 7-10+ years of experience in Market Access within the pharmaceutical industry, particularly in pricing.
  • In-depth understanding of the Canadian payer environment and PMPRB regulations.
  • Demonstrated experience in team leadership and management.
  • Ability to develop strategic solutions for complex challenges.
  • Strong analytical skills with a focus on business optimization.
  • Excellent negotiation, facilitation, and communication skills.

Responsibilities

  • Lead and cultivate a Strategic Pricing team aligned with AstraZeneca's values.
  • Develop innovative pricing strategies for AstraZeneca's product portfolio.
  • Create effective contract structures and solutions for payer negotiations.
  • Ensure global and local adherence to pricing policies and manage exceptions.
  • Implement analytical processes for pricing contract rebates and chargebacks.
  • Collaborate with business units for integrated pricing communication and financial modeling.
  • Monitor pricing metrics and assess annual price increases for AZ products.

Benefits

  • Recognized as a GTAA Top Employer for 12 years.
  • Recipient of Top 100 Employers Award.
  • Named as Canada’s Most Admired Corporate Culture.
  • Opportunities for personal and professional growth.
Full Job Description
As a key strategic leadership position within AstraZeneca Canada, this position mentors and manages a team of professionals responsible for developing and implementing pricing strategies for AstraZeneca's portfolio (OBU, BBU), driving AstraZeneca's innovative pricing and contracting solutions, pricing governance and all aspects of AstraZeneca's adherence to Canadian pricing regulations (PMPRB).

Responsibilities:
• Lead, develop and cultivate the Strategic Pricing team, empowering a team culture aligned to AstraZeneca's values, fostering an environment of innovation, a solutions-oriented approach to problem solving and a strong focus to achieve results
• Establish forward-thinking pricing strategies including list and net price approaches for all AZ brands: Leads the development and local/global approval of gross and net pricing strategies
• Develop viable deal structures for payer negotiations and build innovative, fit-for-purpose contracting solutions for public and private payers that improve near and long term brand contribution
• Responsible for adherence to global pricing policies and managing processes for exceptions management
• Implement processes for the planning and analyses of rebates and chargebacks for all pricing contracts (public, private, hospital/GPO)
• Collaborate with business units to create and communicate the pricing requirements for each business segment, develop the financial models, consolidate data to allow for multiple views of the information, and prepare presentations for leadership review
• Work with Commercial Financial Planning to understand the financial impact of current gross-to-net reserves, pipeline stocking, existing and future contracting on Net Sales results
• Responsible for pricing compliance and reporting requirements locally and globally including PMPRB reporting, monitoring, and issues management.
• Advise and leads AZ position and response to policy changes that involve pricing aligned to our corporate strategic direction (i.e. PMPRB)
• Advise business on net price impact and performance for Patient Support Program offerings including Free Drug Programs and co-pay support - responsible for local and global pricing approvals process related to the above
• Establish & monitor pricing metrics including year-over-year price variance by brand and by region, assess net price performance vs. targeted goals
• Assess and implement annual price increases for AZ products
• Chair the Pricing Approval Committee (PAC) for all Canadian pricing approvals, including exceptions management
• Remain current on pricing environment and engages with industry associations and key industry colleagues to proactively identify emerging trends, opportunities or challenges in the market place including government health policy changes and cost containment initiatives.

Qualifications:
• Bachelors' degree in a relevant quantitative specialty. MBA is an asset.
• Significant relevant pharmaceutical experience (7-10+ years) in Market Access, including specific dedicated experience in pricing
• Solid understanding and experience with Canadian payer environment and PMPRB specifically
• Experienced team and people leader with previous people management experience
• Ability to think strategically about complex and systematic challenges, and able to build results oriented approaches
• Track record of leveraging analytic rigour to deliver business-optimized solutions
• Business knowledge and credibility at senior commercial levels
• Strong interpersonal and influencing abilities
• Excellent communications skills (written, spoken and presentation)
• Strong people leadership skills, passionate about developing teams
• Strong negotiation and facilitation skills; strong communication skills
• Strategically agile with strong business insight and can synthesize information from diverse sources to build strategies and solutions

Great People want to Work with us! Find out why:
  • GTAA Top Employer Award for 12 years
  • Top 100 Employers Award
  • Canada's Most Admired Corporate Culture
  • Learn more about working with us in Canada
  • View our YouTube channel


This is the place to make a meaningful impact - on patients' lives and your personal growth. It's both exciting and inspiring, and it's what keeps us motivated every day.

Ready to make a difference? Apply now!

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This advertisement relates to a current vacancy.

About AstraZeneca

AstraZeneca is a British-Swedish multinational pharmaceutical company that specializes in the research, development, and manufacturing of prescription drugs. The company was formed in 1999 through the merger of Astra AB and Zeneca Group plc. AstraZeneca's products are used to treat a wide range of medical conditions, including cancer, cardiovascular disease, respiratory disease, and diabetes. The company has operations in over 100 countries and employs more than 76,000 people worldwide. AstraZeneca is committed to developing innovative medicines that improve the health and well-being of people around the world.
Learn more about AstraZeneca
Size
83,100 employees
Market Cap
$211.5 billion
Industry
Net Income
$3.1 billion
Founded
1999
5 Year Trend
+10.2%
Revenue
$26.6 billion
NASDAQ

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