Sumitomo Pharma Director, Pricing and Contracting - Market Access in Helena, Montana Job Overview
We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Director, Pricing and Contracting.
This position reports to the Executive Director, Pricing, Contracting & Policy .
The Director, Pricing and Contracting will have primary responsibility for conducting business analysis to inform the payer and provider pricing and contracting strategy as well as inform overall commercial strategy and forecasting.
The role coordinates with the Market Access, Finance and brand teams to support development of pricing & contracting strategy and execution for Sumitomo Pharma America's product portfolio.
This position can be based remotely out of any US-based remote/home office.
Job Duties and Responsibilities
Support development of communications with Senior Executives and strategic partners to report analytical findings and key performance metrics
Develop models to set pricing strategy with the goal of supporting attainment of coverage goals and maximizing net revenue
Develop payer & provider deal models to assess the implications of deal scenarios on gross-to-net revenue and support development of business cases for review & approval by the Pricing Committee
Develop & refine gross-to-net models to support reporting and forecasting of short and long-range discount rates for Finance and the brand teams
Collaborate with the Market Access team on contract changes and amendments
Support roll-out of contracts to field staff
Review internal data/reports to ensure compliance with government pricing programs
Provide issue resolution and presentation of solutions from contract disputes
Support government price reporting and state price transparency reporting requirements
Key Core Competencies
Experience in pharmaceutical secondary analytics and financial modeling
Understanding of Commercial and Medicare Part D pharmacy benefit designs
Understanding of gross-to-net and ROI calculations
Ability to prioritize and manage multiple tasks/assignments and meet short deadlines
Interest in exploring and developing new approaches, processes and methodologies
Experience evaluating PBM/payer contracts to ensure they support Market Access objectives
Highly-skilled in influencing and effectively partnering with cross-functional teams
Excellent interpersonal, oral and written communication skills, project management, and confident executive presence
High level of proficiency with Microsoft Excel and PowerPoint
High degree of organizational awareness, ability to connect the dots to understand all the interdependency and big picture
Education and Experience
Bachelor of Arts or Science in Health Sciences or related discipline; MBA preferred
Minimum 15 - 20 years (without Master's) or 10 - 15 (with Master's) of relevant experience in biotech or pharmaceutical industry
5-7 years' experience in data analysis, financial modeling, and decision support
Preference towards previous experience with product level forecasting
Compensation and Benefits
The base salary range for this role is $165,800 to $207,300.
Base salary is part of our total rewards package which also includes the opportunity for merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances and leaves provided in line with your work state.
Our robust time-off policy includes unlimited paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours of paid sick time upon hire and each year thereafter.
Total compensation, including base salary to be offered, will depend on elements unique to each candidate, including candidate experience, skills, education and other factors permitted by law.
Confidential Data :
All information (written, verbal, electronic, etc.) that an employee encounters is considered confidential.
Compliance :
Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures, by ensuring that all plans and activities for and on behalf of Sumitomo Pharma America (SMPA) and affiliates are carried out with the "best" industry practices and the highest ethical standards.
Mental/Physical Requirements :
Fast-paced environment handling multiple demands.
Must be able to exercise appropriate judgment as necessary.
Requires a high level of initiative and independence.
Excellent written and oral communication skills required.
Requires ability to use a personal computer for extended periods of time.
Equal Employment Opportunity :
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) and Affirmative Action employer.
Sumitomo Pharma America (SMPA) is committed to a culturally diverse workforce.
All qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; marital, domestic partnership or civil union status; sex, gender, gender identity or expression; affectional or sexual orientation; disability, veteran or military status or liability for military status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.
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