AstraZeneca

Senior Manager, Strategic Pricing

AstraZeneca$143K — $188K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, or life sciences
  • Minimum of 5 years pharmaceutical industry experience
  • Understanding of various market pricing opportunities
  • Strong analytical skills in forecasting and financial modeling
  • Experience with pCPA and PMPRB
  • Excellent interpersonal and communication skills
  • Proficiency in Microsoft Excel

Responsibilities

  • Identify and execute pricing strategies for product portfolio
  • Provide subject matter expertise on Canadian pricing regulations
  • Develop financial models to support pricing strategies
  • Participate in pCPA and private payer negotiations
  • Advise on regulatory implications and mitigation strategies
  • Secure approvals for pricing strategies from local and global teams
  • Communicate complex pricing challenges to stakeholders

Benefits

  • Annual Variable Pay Bonus/Short Term Incentive
  • Equity-based long-term incentive program eligibility
  • Competitive Flex Benefits & Retirement Savings Program
  • 4 weeks' paid vacation
  • Annual Personal Days
Full Job Description
What you'll do

As a member of our Market Access & Pricing team, you will report to the Director, Strategic Pricing, and will be accountable for identifying and executing pricing strategies for your portfolio of products and play an active role in pCPA and private payer negotiations to execute listing agreements and drive identification of pricing opportunities in various markets.

You provide expertise, leadership and guidance through process improvement, interactive communication and cross-functional collaboration. You build a variety of strategies, support scenario analysis as part of the market access and brand planning process, and provide insights and guidance on emerging trends, challenges and opportunities in the pricing, contracting and related market access areas aligned to our strategic direction.

In this role, your subject matter expertise will be used for the following:

  • Provide subject matter expertise to the pricing team as well as the local and global organization on Canadian and provincial pricing regulations and requirements for all assigned products
  • Applies brand knowledge and pricing expertise to build and implement pricing strategies to maximize commercial contribution for assigned portfolio across the lifecycle including launch, negotiations, loss of exclusivity and divestiture
  • Work with pricing managers to develop financial models supporting proposed pricing strategies & identify opportunities for innovative pricing constructs
  • Actively participate in pCPA and private payer negotiations for assigned brands to optimize the commercialization of existing or emerging brands
  • Provides PMPRB subject matter expert for assigned products to provide insights on potential regulatory and HTA implications to pricing as well as potential mitigation strategies
  • Responsible for securing local and global approval for product portfolio price strategies (list, net, PSP) and ensuring public and private payer contract terms and conditions support brand objectives
  • Communicate complex issues and challenges clearly and appropriately to internal and external partners


Your qualifications include:
  • Bachelor's degree in business, finance, or life sciences
  • Minimum of 5 years related pharmaceutical industry experience
  • Understanding of pricing opportunities and considerations in various markets such as public, private, hospital, public health, etc.
  • Strong analytical skills - forecasting, financial modelling, business impact analysis and database management
  • Experience with Canadian payer environment, pCPA and PMPRB
  • Strong interpersonal, communication and time management, prioritization skills and attention to detail.
  • You enjoy working and collaborating with all levels of the organization and can influence across the enterprise
  • Excellent oral, written, and analytical skills with demonstrated experience required in scenario planning, decision-making and solution development
  • Excellent proficiency in Microsoft Excel


Annual base salary for this position ranges from 143,621.60 to 188,503.35.
AstraZeneca is committed to providing fair and equitable compensation opportunities to all colleagues. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The range provided in this posting represents an offer pay range used in a majority of situations. The base pay offered will vary depending on multiple individualized factors, including the candidate's skills and experience, job-related knowledge, and other specific business and organizational needs. In some cases, offers outside the range may also be considered to address unique circumstances.

In addition, our permanent positions offer an annual Variable Pay Bonus/Short Term Incentive opportunity as well as eligibility to participate in our equity-based long-term incentive program (if applicable to role). Benefits offered for permanent roles include a competitive Flex Benefits & Retirement Savings Program, 4 weeks' paid vacation, and annual Personal Days. Fixed Term Contract/Temporary positions (excluding students) are offered a Contract Benefits Program.

We are using AI as part of the recruitment process.

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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