Associate Director, Contract Strategy (3 openings)

Associate Director, Contract Strategy (3 openings)
The Associate Director Contract Strategy will assist in the development of pricing and contracting strategy for optimal patient access and profitability. You will assess and evaluate macro trends in the healthcare environment that potentially impact current and/or future product pricing, contracting and associated strategies across the product portfolio.

Your responsibilities will include but are not limited to:
• Support the development of market access strategies for inline and pipeline products by con-ducting pre-modelling scenarios for market and competitor analyses, stakeholder and payer research
• Assist in the development as well as manage and maintain reimbursement and contracting strategies through-out product lifecycle that align with optimal market performance
• Interface with HEOR as needed to develop and recommend account pricing and contracting strategy for new products including the evaluation of novel contracting approaches (guarantees, adherence initiatives, OBCs, flex pricing) ensuring the US strategy aligns with global efforts
• Collaborate with Franchise teams and cross-functional stakeholders including global counter-parts, policy, HEOR and finance to manage activities and work on pricing and contracting approvals
• Identify and work to develop innovative pricing approaches to support market evolution, such as outcomes-based contracts
• Provide input and implementation assistance in the development of market access channel strategies
• Help to provide pricing and contracting insights for asset evaluation related to business development/licensing opportunities
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.
What you’ll bring to the role:

• Education: Bachelor’s Degree in Math, Economics or other critical thinking major; advanced business degree (MBA) preferred

Required Experience:
• Average of 8 or more years of pharmaceutical industry experience with 5 years in a pricing strategy capacity; experience in contract development and negotiation desirable

Preferred Experience:
• Comprehensive knowledge of access landscape, pricing vehicles and contracting strategies. Across a broad spectrum of channels/organizations (Health Plans, PBMs, Medicare Part D, Medicare Part B, Long-Term Care, GPOs, VA / DoD Specialty Pharmacy and State Medicaid)
• Experience working on a Launch Team with focus of pricing and contracting strategies
• Excellent ability to simplify and communicate complex concepts and analysis.
• Strong financial acumen and ability to effectively forecast account level prices, discounts and sales.

What you’ll receive:
Competitive salary, annual bonus, long term incentive (LTI) for select levels, health insurance, paid vacation/holidays, potential flexible working arrangements, subsidized dining facilities, employee recognition scheme.

Why consider Novartis?
927 million. That’s how many lives our products touched in 2017. And while we’re proud of that fact, in this world of digital and technological transformation, we must also ask ourselves this: how can we continue to improve and extend even more people’s lives?

We believe the answers are found when curious, courageous and collaborative people like you are brought together in an inspiring environment. Where you’re given opportunities to explore the power of digital and data. Where you’re empowered to risk failure by taking smart risks, and where you’re surrounded by people who share your determination to tackle the world’s toughest medical challenges.

Join us and help us reimagine medicine.

Novartis are an equal opportunities employer and welcome applications from all suitably qualified persons.
East Hanover, NJ
Novartis Pharmaceuticals
Full Time