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Pricing Manager Economic Model

$102.8k - $171.3k

McKesson

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.

The position as Manager, Pricing MHS Economic Model is an individual contributor, responsible for managing and conducting various financial analyses used to evaluate the feasibility of existing and new pricing models for use in the MHS segment.

This position will be expected to lead pricing to design a phased new to market deal construct that can be utilized by the company respond to a changing marketplace. Pricing manager will play a role designing, testing and forecasting impacts of new pricing constructs.

*This is an individual contributor role*

Key Responsibilities

  • The ideal Pricing Manager identifies opportunities to optimize profitability through strategic pricing, solves problems analytically, manages multiple priorities, and builds strong relationships both internally and externally
  • Proposes and implements pricing recommendations by understanding key drivers to reach margin optimization and incorporating various factors, such as market dynamics, competitor trends, and customer feedback into strategic pricing models and insights
  • Leads the design of scenario-based pricing models to accommodate various contracting, regulatory, or risk-sharing frameworks
  • Engages with Sales to better understand customer concerns, product usage, competitive intelligence, and market insights
  • Partners with Sales as key finance SME, giving clear, fact-based recommendations in a timely manner, communicating actively through various channels
  • Partners with product teams and MT teams to leverage product insights and technology to build future models
  • Interfaces with Sr. Management and various executives on deal reviews and profitability analysis
  • Participates in executive reviews periodically, providing recommendations and analysis to support direction the MHS segment pricing
  • Identifies opportunities for business development and support special projects in MHS segment

Minimum Requirement

Degree and typically requires 7+ years of relevant experience.

Education

4-year degree in finance or related field or equivalent experience

Critical Skills

  • 7+ years of financial or accounting experience and demonstrated leadership skills.
  • 7+ years business experience strongly preferred in Financial Analysis, Pricing, and/or Sales Support, preferably in the pharmaceutical or drug wholesale industries.
  • Advanced Microsoft Excel and experience using Excel for ad-hoc analysis. Strong analytical skills with experience creating and manipulating free form financial models using large datasets.
  • Strong analytical thought process that allows for the formulation of a hypothesis, an understanding of the data required to analyze the hypothesis, ability to gather the data, and the ability to interpret the data.
  • Complete financial modeling based on current market conditions, forecasted growth trends, and predictions in costs, margins, and pricing strategy. This includes pressure testing multiple scenarios and tracking iterations of models.
  • Curiosity and a strategic mindset - this role will focus on learning our products, customer needs, dynamic markets, common vs. niche economic drivers, creating mutual solutions, and best practices among industry leaders.
  • Ability to manage their own projects and model deals independently while hitting milestones and deadlines with strong communication skills with stakeholders.
  • Consolidate the output of models into clear summaries and clear recommendations for sales partners, customers, and executives - both written and oral.
  • Strong communication skills especially in verbal and written communication to senior management.
  • Proven success in building effective business partnerships with the ability to influence decision-makers.

Additional Skills

  • Data and/or Financial Reconciliation experience strongly needed
  • Strategic Finance, Project/Contract Valuation, Profitability Analysis, Deal Desk experience strongly preferred
  • Knowledge of McKesson's operations, programs and selling strategies is highly preferred
  • SQLexperience is a plus
  • SAP COPA experience is a plus.
  • PowerBI experience is a plus.
  • Ability to navigate through complex issues, interpret and transform financial data into recommendations to senior leadership
  • Business development in the pharmaceutical wholesaling industryis preferred
  • Ability to think logically and analytically, problem-solve, build consensus, and lead initiatives
  • Highly organized with the ability to multitask and prioritize workload Demonstrated ability to influence individuals and exercise good judgment in a fast-paced decision-making environment is required
  • Strong interpersonal skills
  • Being able to work collaboratively with others
  • Ability to perform and deliver quality results within a highly matrix environment
  • Strong diplomatic skills with an ability to consistently think on your feet
  • Self-motivated, extremely organized, and capable of handling multiple initiatives
  • Excellent data analysis skills with a thorough eye for detail

Salary : 102,800.00 - 137,000.00 - 171,300.00 USD Annual with 15% MIP

P4

This position offers the possibility of a hybrid work arrangement based on recent updates to our in-office/workfromhome model. If located in DFW area, the selected candidate may be expected to work onsite at our Las Colinas office a minimum of two (2) days per week, with the remaining days worked remotely. Specific inoffice days may be designated according to team needs and business priorities.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, pleaseclick here.

Our Base Pay Range for this position

$102,800 - $171,300

McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson's (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:

McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.


McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.

McKesson job postings are posted on our career site: careers.mckesson.com.

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) View email address on click.appcast.io or (Canada) View email address on click.appcast.io. Resumes or CVs submitted to this email box will not be accepted.

Join us at McKesson!

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