GSK

Strategic Pricing Director

GSK$180K — $300K *
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Life Science, Business, Market Access (pricing, reimbursement, health economics)
  • 10+ years in Pricing and Market Access for pharmaceuticals, medical devices, or diagnostics at various levels
  • Expertise in pharmaceutical pricing dynamics across major regions like US, Europe, and China
  • Proven track record in developing and executing successful pricing and access strategies
  • Significant experience leading cross-functional projects and presenting to senior executives
  • Strong problem-solving, negotiation, and interpersonal skills
  • Fluent in English, with additional languages a plus

Responsibilities

  • Partner with Oncology Global Market Access to develop brand pricing strategies
  • Establish strategic pricing objectives for pipeline and commercial products
  • Develop pricing competency to understand market dynamics
  • Communicate clear pricing positions to payers alongside Brand and Value Evidence Teams
  • Lead direction on brand pricing to internal teams and stakeholders
  • Enhance pricing excellence and collaboration with external partners
  • Educate stakeholders on pricing dynamics and trends
  • Define and oversee implementation of a long-term vision for the Global Pricing function
  • Foster a collaborative environment and support individual development
  • Drive organizational change by connecting various stakeholders

Benefits

  • Healthcare and insurance benefits for employee and family
  • Retirement benefits
  • Paid holidays and vacation
  • Paid caregiver, parental, and medical leave
  • Annual bonus and eligibility for share-based long-term incentive program
Full Job Description

The role of Strategic Pricing Director is essential to ensure that GSK’s innovative pharmaceutical pricing strategies are supported by sustainable, high quality and robust price positioning approaches aligned with the needs of external decision makers responsible for granting access/reimbursement. Collaborative partnerships with diverse business partners across commercial, medical, market access, health outcomes at global, regional and country level will be critical to ensure optimal price insight generation and appropriate strategies are in place.

As member of the GPMA Global Pricing leadership team, two critical areas will be within your scope:

Partnering with Oncology Global Market Access and Regional Market Access colleagues to develop, support and update brand pricing strategies for the oncology commercial portfolio, interacting with wide range of internal and external stakeholders.

  • Establishing current and long-range strategic pricing objectives in partnership with the Global Oncology Market Access team for pipeline and commercial products
  • Developing the pricing competency for Oncology to ensure an understanding of the market dynamics (geographic and therapeutic)
  • Ensuring clear Pricing positioning and associated messaging to Payers, as agreed globally and developed in co-creation with Brand Teams and Value Evidence Teams
  • Providing direction and leadership regarding Brand pricing to the Brand Team and various internal partners/stakeholders
  • Ensuring execution and continuous improvement of Pricing excellence through building and enhancing collaborations with external partners (i.e. Payer ad Boards) as well as sponsoring or leading strategic projects to build and extend competence, infrastructure and tools
  • Playing a lead role in educating internal stakeholders on dynamics and trends related to Pricing for Oncology
  • Helping to develop and manage the objectives of the overall Global Pricing function; taking a leadership role in defining, developing and overseeing implementation of a longer-range vision, strategy, plan and objectives for the overall function
  • Ensuring an environment that is offering a collaborative and open-minded culture, which enables people to perform at their best
  • Acting as a Coach and supporting individuals on all levels to continuously learn and develop capabilities required to deliver the shared vision and goals
  • Acting as a driver for change, speaking up on all levels, connecting different interfaces and stakeholder across the organization by generating clarity, focus and outcome that matters

Basic Qualifications:

  • Bachelor’s degree in Life Science, Business, Market Access (pricing, reimbursement, health economics)
  • 10 or more years’ experience in Pricing and Market Access (pricing, reimbursement, health economics) related to pharmaceuticals, medical device, or diagnostics at Affiliate/Regional and Global level is a must,
  • Expertise in pharmaceutical pricing dynamics in the US, Europe, China, other major international regions
  • Previous accomplishments include developing and overseeing the execution of breakthrough pricing and access strategies that have led to considerable financial growth and increased the long-term, sustainable success of multiple products
  • Significant experience leading cross-functional projects and presenting to senior company executives/audiences
  • Excellent problem solving, negotiation and interpersonal skills
  • Strong communication skills, able to forge relationships with a wide range of colleagues across many functions / capabilities / locations and able to navigate effectively and efficiently
  • Fluent written and verbal English (additional languages are a plus)

Preferred qualifications:

  • Master’s degree (Economics, health economics, life sciences, public health, public policy), Post-Graduate (MBA) or Doctoral Degree in above or other related disciplines is preferred
  • In-depth understanding and consistent adherence to compliance policies in relation to working with third parties, particularly, policy makers, healthcare professionals and patient organization
  • Good understanding of drug commercialisation process, including activities from preclinical through marketing of a product, principles of disease treatment, rationale for treatment algorithms and business knowledge of pharma companies and their business practices
  • Experienced in a global matrix environment, across a range of functions, seniority, and geographical locations
  • You have an empowering and inspiring leadership style, a proven ability to drive change in your team and in your organization
  • Significant experience with proven results in people leadership and talent development in a multicultural/global environment

#LI-GSK

#GSKCommercial

The US annual base salary for new hires in this position ranges from $180,000 to $300,000. The US salary ranges take into account a number of factors including work location within the US market, the candidate’s skills, experience, education level and the market rate for the role. In addition, this position offers an annual bonus and eligibility to participate in our share based long term incentive program which is dependent on the level of the role. Available benefits include health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and paid caregiver/parental and medical leave. If salary ranges are not displayed in the job posting for a specific country, the relevant compensation will be discussed during the recruitment process.

Please visit to learn more about the comprehensive benefits program GSK offers US employees.

About GSK

GSK is a British multinational pharmaceutical company that specializes in researching, developing, and manufacturing a wide range of prescription drugs and vaccines. The company was founded in 2000 through the merger of Glaxo Wellcome and SmithKline Beecham. GSK's products are used to treat a variety of conditions including respiratory diseases, HIV/AIDS, and cancer. The company operates in over 150 countries and has a workforce of over 99,000 employees. GSK is headquartered in Brentford, England and is listed on the London Stock Exchange and the New York Stock Exchange.
Learn more about GSK
Size
90,096 employees
Market Cap
$71.6 billion
Industry
Net Income
$5.7 billion
Founded
1929
5 Year Trend
+4.1%
Revenue
$34 billion
NASDAQ

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