Director, Launch IHC Pricing

Sandoz Inc. • Princeton, NJ • 1d ago

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally.Join us, the future is ours to shape!Position Location:This position will be located at the Princeton, NJ US Headquarters site.Our Sandoz flexible hybrid working approach allows US office-based employees to work up to 50% oftheir monthly workday remotely. This role will not have the ability to be located remotely. Preferencewill be given to local candidates not requiring relocation. The Director, Launch IHC Pricing is responsible for managing all aspects of launch pricing for key customers while also managing price approvals for IHC customers. The Director will have responsibility for participating in the development of Launch pricing strategies, loading all price changes externally, and for conducting launch analysis for all pricing. This role will have responsibility for the development of pricing strategies, reviewing all price challenge responses, and for conducting analysis for key customers that account for approximately $1.2 billion in retail sales. He/she will consult with members of the Sandoz Pricing committee with oversight of major price issues for the company.Major Accountabilities / Your Key Responsibilities:Your responsibilities include, but not limited to:- Direct all launches for IHC and the retail market as well as the government. That includes fully accountability for design, development, and maintenance of the pricing strategy and operations to support sales.- Development of consistent launch strategies and reporting including WAC loading- Has management authority to approve single price challenges and coordinates appropriate review and approval by VP Pricing & Contracts or the Pricing Committee for single price challenges- Monitors market activity on all products and makes recommendations as necessary for pro-active price increases and defensive contracting strategies to maintain share and price- Oversees creation and reviews all new product offers (NPOs) for new launch products to institution/retail customers- Inform Commercial Operations senior management on pricing issues with customers and assists in developing action plans for resolution- Ensures that all price challenges are adequately documented for financial controls compliance- Initiates process and system improvements within existing business frameworks to drive efficiency and profitability of business unitWhat you'll bring to the role:Required Qualifications:Education & Experience (Required):- B.S./B.A. required- 7+ years of generics pricing experience with contracts and finance interaction- Proven experience in managing people and leading teams- Proven experience to present to senior management teams effectively- Ability to work cross functionally across geographies and drive initiatives that span multiple departments- Process improvement mentality that identifies area for more efficient and effective approach to contracting- Strong analytical and project management skills using SAP, Excel & Word- Proven highly developed time management skills with demonstrated ability to meet deadlines and handle multiple priorities with a high degree of initiativePreferred Requirements:- Advanced degree required (MBA, PharmD etc.)- Spanish, Portuguese proficiencyTravel Requirements: Up to 5%You'll Receive:Sandoz offers a generous employee benefits package that includes a competitive salary, health insurance coverage for medical, prescription drugs, dental and vision, a generous company match for retirement savings accounts, and generous paid time off. We also follow a hybrid work policy that combines a mix of in-person and remote work to allow our employees flexibility.The pay range for this position at com

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