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Director of Pricing and Contracting Strategy

2 months ago


Philadelphia, Pennsylvania, United States GlaxoSmithKline Full time
About the Role

GlaxoSmithKline is seeking a highly skilled Director of Pricing and Contracting Strategy to join our team. As a key member of our pricing and contracting strategy team, you will be responsible for developing and implementing short and long-term pricing and contracting strategies for our portfolio of products.

Key Responsibilities
  • Develop and Implement Pricing and Contracting Strategies

Develop and implement pricing and contracting strategies that align with our business objectives and ensure optimal revenue growth.

Lead Product Launch Pricing and Contracting Strategies

Lead the development of product launch pricing and contracting strategies that meet our business objectives and ensure a successful product launch.

Monitor and Analyze Contract Performance

Engage with key stakeholders to effectively monitor current contract performance and inform on current and future state of business and competitive actions/offers impacted by competition and market trends.

Partner with Stakeholders

Closely partner with all relevant stakeholders for tactical execution of contract strategy and ensure alignment with business objectives.

Develop Business Cases

Develop business cases to support the contract review and approval processes, including partnership with legal, brand marketing, market access, and finance.

Collaborate with Cross-Functional Teams

Collaborate with other relevant stakeholders to ensure enablers for key customer and environmental strategies are in place.

Requirements
  • 7+ Years of Relevant Pharmaceutical Experience

BS/BA in a relevant field and 7+ years of relevant pharmaceutical experience, including market access, pricing, contract analytics, brand marketing, market research, and finance.

Minimum of 3+ Years of Experience in Navigating Payer, Provider, and Legislative Landscape

Minimum of 3+ years of experience in navigating payer, provider, and legislative landscape and application of pharmaceutical marketing competences.

Travel Required: 10-15%

Travel required: 10-15%.

Preferred Qualifications
  • MBA

MBA preferred.

Experience Working with Teams

Experience working with teams to develop payer and segment-specific market insights and incorporating them into the brand/strategic planning process.

Ability to Combine Data Analysis with Qualitative Insights

Ability to combine data analysis with qualitative insights to identify and explain market access, brand, and above-brand drivers of business performance.

Understanding of Corporate Finance Fundamentals

Understanding of corporate finance fundamentals, including gross and net sales, P&L inputs, gross margin, COGs, working capital, etc.

Understanding of Specialty Trade Channels

Understanding of specialty trade channels, pricing, reimbursement, and appropriate market access strategies.

Experience Hiring and Managing Third-Party Vendors

Experience hiring and managing third-party vendors.

Good Understanding of Provider Reimbursement Dynamics

Good understanding of provider reimbursement dynamics at a teach-it level to effectively guide team members.

Experience and Understanding of US Market Access Business Dynamics

Experience and understanding of US market access business dynamics and customer business models, including PBMs, health plans, providers, pharmacies, hospitals, clinics, ASOCs, etc.

Excellent Communication and Interpersonal Skills

Excellent communication, interpersonal influencing, and prioritization skills required with proven ability to influence across matrixed organizations.