Director, Strategic Pricing
$210.6k - $250.97kFerring Pharmaceuticals Inc.
Responsibilities Pricing Committee Leadership & Analysis Coordinate the US Pricing Committee agenda, ensuring all stakeholders are aligned on key decision points. Conduct rigorous financial analysis and scenario modeling to support list price, discounting options, and net price recommendations for committee review. Synthesize market trends, competitive intelligence, and payer dynamics into actionable briefings for senior leadership. Specialty Portfolio Strategy Develop integrated pricing strategies for specialty products covered under Medical Benefit (Buy-and-Bill/ASP) and Pharmacy Benefit (Rebate/PBM) structures. Evaluate the impact of value-based or innovative contracting models on specialty brand performance. Ad‑hoc Gross-to-Net (GTN) Analysis Perform deep‑dive, ad‑hoc GTN analyses to identify margin leakage and evaluate the financial viability of proposed contracts. Model the waterfall impact of discounts, rebates, and fees to provide a clear picture of realized net price across various channels. Collaborate with Finance to ensure GTN assumptions are aligned with commercial forecasts. Tools & Systems Utilize and enhance pricing models; experience with Anaplan is highly valued for driving real‑time GTN planning and scenario analysis. Drive continuous improvement in modeling accuracy and reporting speed. Requirements Bachelor's degree in Finance, Economics, or Life Sciences; MBA preferred. Minimum of 10 years of pharmaceutical industry experience. Minimum of 5 years in pharmaceutical pricing, market access, or commercial finance, with a specific focus on specialty medications. Medical & Pharmacy Benefit Knowledge: Proven expertise in managing products across both Medical (J‑code/ASP) and Pharmacy (NDC/PBM) benefit channels. Analytical Power: Advanced financial modeling skills (Excel) with the ability to conduct complex, ad‑hoc net price analyses. Software: Proficiency in data management tools; Anaplan experience is a significant plus. Communication: Exceptional ability to present complex financial data to the US Pricing Committee and senior executives. This role is onsite 4 days per week, in the Parsippany NJ office. Compensation and Benefits Base salary range: $210,602 to $250,974. Additional compensation includes an annual incentive award based on individual and company performance. Benefits include comprehensive medical, dental, and vision coverage; 401(k) plan with company match; short‑ and long‑term disability; basic life insurance; wellness, tuition reimbursement, sick time, vacation, paid holidays, and paid parental leave. Work Location This position is classified as a hybrid role, requiring onsite work at the Parsippany office four days per week and remotely for one day per week. Equal Employment Opportunity Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws. We are an affirmative action/equal opportunity employer (including Disability/Protected Veterans) and maintain a drug‑free workplace. #J-18808-Ljbffr Ferring Pharmaceuticals Inc.
$210.6k - $250.97k
Ferring Pharmaceuticals is seeking a strategic lead for its Market Access team. The role involves driving pricing excellence for specialty medications and requires a deep understanding of pharmaceutical market dynamics. The ideal candidate will have over 10 years of experience...SuggestedRemote work$210.6k - $250.97k
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