Experience:
5+ years of experience
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Employment Type:
Full time
Posted:
6/7/2017
Job Category:
Analysis
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Manager, Market Access- Pricing and Analytics & VC INS-CMBO Job
Novo Nordisk | Princeton, New Jersey
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Job Description

Requisition ID 47844BR
Title Manager, Market Access- Pricing and Analytics & VC INS/CMBO
Job Category Market Access, Pricing and Health Economics
Job Description Purpose
Provides analytical insights that support the Value Communication and Contracting Strategy teams in developing an evidence-based value story and pricing strategy, respectively. Uses appropriate tools and techniques in order to communicate clinical, health economic, real-world and patient-reported evidence in order to formulate the value story. Responsible for applying analytical methods and tools necessary to translate data into clear, actionable insights and recommendations in order to develop and implement a world-class pricing strategy.

Relationships

* Reports to Senior Director, Value Communication and Contracting Strategy.
* Interacts frequently in collaboration with internal management and senior level managed markets customer representatives.
* Interacts internally with team representatives from Value Communication, Contracting Strategy, PCOR, FP&A, Forecasting, Commercial Effectiveness, Analytics, Brands, Medical Affairs, HEOR, Account Executives, Field Sales, Investor Relations, and all others, including global colleagues/counterparts, on a routine basis.
* External relationships include interactions with managed markets payers, vendors, and consultants.
Essential Functions

* Supports the development of the payer value story by assembling and communicating the need for credible clinical, health economics and quality of life messages in order to justify brand value.
* Build out and maintain NNI Roadmap for relevant product franchise.
* Supports the development and execution of payer value communication strategies for relevant products in order to contribute to their market access plan.
* Manages internal and/or external training and presentations on Health Economics and Market Access in order to enable broad communication of Novo Nordisk portfolio value.
* Provides analytical insights and builds models needed for contracting strategy development, new product pricing and strategic pricing projects, execution of list and net pricing strategies, and monitoring and evaluation of contract performance across customer segments.
* Develops pricing models to be used in the evaluation of list and net pricing recommendations, including in preparation for Pricing Committee and senior management meetings.
* Responsible for both planned and ad hoc analytical tasks relating to pricing strategy development.
* Supports initiatives to drive innovation in market access strategies, processes, programs, and/or engagement models.
* Works with Government Pricing and Strategic Pricing to analyze impact of pricing changes on Novo Nordisk financial results, including impact on statutory pricing.
* Supports Pricing & Contracting Strategy colleagues with the development and implementation of access strategy through financial modeling for deal evaluation by producing analytical deliverables.
* Assists in the development of customer segment valuation.
* Develops scenario planning models to help optimize access and guide net price strategy.
* Alignment with Finance, FP&A, and Forecasting on pre-deal modeling, ARP management, and GTN forecast.
* Provides integrated analyses and insights for customers and other business groups, including customer segment reports and trend reports, for internal communication purposes.
* Develops presentations for senior management regarding contracting and pricing strategies.
* Develops pricing models to be used in the review of list and net pricing recommendations
* Provides integrated analyses and insights for customers and other business groups (e.g., customer segment reports and trend reports for internal Finance, Sales and Marketing management).
* Assists with the yearly review of current pricing strategies and the process for developing recommendations for the next calendar year.
* Contributes to scenario impact models on pricing and profitability within key channels.
* Provides new product launch teams with in-depth performance metrics and insights on top Managed Markets accounts.
* Assists with inline and/or pipeline market research
* Develops and manages implementation of key metrics. Regularly reviews current program progress to accomplish goals.
* Adheres to administrative policies and procedures and encourages others to do the same.
* Contributes to practices that attract and retain the best people.

Physical Requirements

* 0-10% overnight travel required
Qualification

* A Bachelor's Degree in Business or equivalent experience. MBA or another advanced degree may be required. Relevant experience may be substituted for degree, when appropriate.
* A minimum of six (6) years of progressively responsible experience in any of the following areas: business insights, analytics, value communication, market access strategy, strategic pricing (list/net), national or regional account management, and/or consulting.
* Three (3) years of experience within the pharmaceutical industry preferred.
* Strong analytical capabilities required, and demonstrated via a minimum of four (4) years of modeling and analytical experience in an FP&A or strategic pricing role
* Familiarity with pricing and managed markets landscape, including payer dynamics and distribution models.
* Ability to develop and maintain strong internal and external relationships, including direct collaboration with vendors and other third parties.
* Ability to function in a project leadership role.
* Ability to perform complex analyses (analytical, quantitative and qualitative) required.
* Attention to detail with an ability and readiness to delve into and resolve data problems.
* Excellent PC skills required. Expert knowledge of Excel and PowerPoint required.

Department MA - STRATEGY & INNOVATION (1)
Position Location US - Princeton, NJ
City Princeton
State/Provinces US - NJ

At Novo Nordisk, we know that driving change on a global level and improving treatment outcomes for people with diabetes and other chronic diseases begins here at home. That's why we make an unmatched commitment to our employees, our families and our communities. That means outstanding rewards, industry-leading training programs, and an environment that supports you to achieve your goals at every level. It's all part of the Novo Nordisk Way. It includes our Vision and our commitment to the Triple Bottom Line principle - helping us find the right balance between compassion and competitiveness

With a career at Novo Nordisk, you'll feel a difference right from the start. It's a sense of inspiration and mobility that comes from a shared belief in driving positive change for people, families, and communities everywhere. Congratulations on taking your first step!

Novo Nordisk is committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, physical or mental disability, medical condition, veteran status, genetic information, or any other characteristic protected by federal, state, or local law.

Novo Nordisk will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

If you are interested in applying for employment with Novo Nordisk and need special assistance or an accommodation to use our website or to apply for a position, please call the U.S. Toll Free number at 1-855-411-5290 or click on the following link to submit your request: https://www.surveymonkey.com/r/novoaccommodation. Please note we do not accept applications for employment or employment related solicitations through this site. If you are requesting special assistance, please specify your request by selecting "Yes" in Question 2 on the site. We will not be able to respond to requests unless you specify the need for special assistance or an accommodation in Question 2. Determinations on requests for reasonable accommodation are made on a case-by-case basis.

About Novo Nordisk

Novo Nordisk A/S is a Denmark-based healthcare company. The Company provides diabetes care and is engaged in haemostasis management, growth hormone therapy and hormone replacement therapy. The Company manufactures and markets pharmaceutical products and services to patients, the medical profession and society. The Company is organized in two segments: diabetes care and biopharmaceuticals. Diabetes care includes discovery, development, manufacturing and marketing of products within the areas of insulin, glucagon-like peptide (GLP)-1 and related delivery systems, as well as oral antidiabetic products (OAD). Biopharmaceuticals includes discovery, development, manufacturing and marketing of products within the therapy areas haemostasis management, growth hormone therapy, hormone replacement therapy, inflammation therapy and other therapy areas.

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