Executive Director, Head of Global Pricing
Executive Director, Head of Global Pricing

Executive Director, Head of Global Pricing

London Full-Time 54000 - 90000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a team to develop global pricing strategies for life-changing therapies.
  • Company: BioMarin is a pioneering biotech firm focused on transforming genetic discoveries into innovative medicines.
  • Benefits: Enjoy a hybrid work model with flexible onsite days and a supportive team environment.
  • Why this job: Join a mission-driven company making therapies accessible while working in a dynamic, collaborative culture.
  • Qualifications: Advanced degree in Business or related field; experience in pricing strategy within biotech or pharma.
  • Other info: Opportunity to influence global pricing strategies and work across diverse markets.

The predicted salary is between 54000 - 90000 £ per year.

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health. Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

Our Commercial organization leads our global sales and marketing strategies around the world. Our integrated team continues to solidify BioMarin’s commercial presence in the United States and Europe and is rapidly growing in other regions, such as Latin America, the Middle East and Asia-Pacific.

The Head of Global Pricing for BioMarin will lead a team of pricing experts utilizing their collective expertise in pricing analytics, healthcare systems, innovative pricing models and international pricing regulations to develop and govern Global pricing strategies. The Head of Global Pricing will work in collaboration with our Global Access Leads, US Leads and other internal Commercial business partners and in alignment with our company's global access and corporate objectives. The selected candidate will support the implementation of such strategies by Country Access Teams. The role will be crucial in driving our mission to make life-changing therapies accessible to patients worldwide at prices that represent their value appropriately and that enable us to develop future groundbreaking medicines.

Key Responsibilities

  • Develop Pricing Strategies: Collaborate with Global Access Leads to develop and refine pricing strategies that support our global access goals. Ensure alignment of pricing strategies with the overall business objectives and market conditions.
  • Analytics and Insights: Conduct in-depth pricing analytics to understand market dynamics and competitive landscape that allow us to set up prices for our medicines in alignment with their value to patients, healthcare professionals and healthcare systems around the world. Develop and implement pricing models to forecast and optimize pricing outcomes. Monitor and analyze pricing performance to identify opportunities for improvement. Develop and utilize models for IRP, tender planning and gross to net monitoring and governance. Provide input assumptions and insights in support of launch sequence planning and business development (BD) efforts.
  • Governance and Compliance: Establish and manage pricing governance frameworks to ensure compliance with internal policies and external regulations. Implement robust processes to ensure pricing decisions are well-documented and auditable. Work with legal and compliance teams to navigate regulatory requirements and challenges.
  • Supporting Country Access Leads: Provide guidance and support to Country Access Leads in the implementation of global pricing strategies, value-based pricing and other innovative pricing models. Facilitate knowledge sharing and best practice dissemination across markets. Ensure pricing strategies are adapted to local market conditions while maintaining global consistency.
  • Stakeholder Collaboration: Foster strong relationships with key stakeholders including Global Access Leads, Country Access Leads, marketing teams, and senior management. Engage with external stakeholders such as payers, healthcare providers, and industry associations to understand market needs and advocate for appropriate pricing strategies.
  • Reporting and Communication: Prepare and present pricing reports and insights to senior management and other stakeholders. Communicate pricing strategies and rationales effectively across the organization.

Qualifications:

  • Advanced degree in Business, Economics, Finance, or a related field.
  • Proven experience in pricing strategy from either within a biotech or pharmaceutical company or a consultancy supporting a biotech or pharmaceutical company.
  • Strong analytical and quantitative skills with the ability to interpret complex data sets.
  • Excellent understanding of global market dynamics and regulatory environments.
  • Demonstrated experience in governance and compliance within a pricing context.
  • Exceptional communication and stakeholder management skills.
  • Ability to lead and influence cross-functional teams.

Personal Attributes:

  • Strategic thinker with a proactive approach to problem-solving.
  • Detail-oriented and highly organized.
  • Collaborative team player with strong interpersonal skills and multi-cultural awareness.
  • Ability to thrive in a fast-paced and dynamic environment and to work across different time zones, cultures, languages and geographies.
  • Experienced negotiator with strong persuasion skills.

Team Management and Leadership:

  • Manage a team of pricing experts ensuring high performance, their professional development and job satisfaction.
  • Maintain team motivation and a culture of recognition and accountability.

Workstyle - Hybrid: Hybrid requires being on site in London, 2x each week. Onsite days are typically Wednesdays & another day of choice.

This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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Contact Detail:

BIOMARIN Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Executive Director, Head of Global Pricing

✨Tip Number 1

Familiarise yourself with BioMarin's mission and values. Understanding their commitment to making life-changing therapies accessible will help you align your responses during interviews, showcasing how your experience and vision fit with their goals.

✨Tip Number 2

Network with current or former employees of BioMarin, especially those in pricing or commercial roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for tailoring your approach.

✨Tip Number 3

Stay updated on global pricing trends and regulations in the biotech industry. Being knowledgeable about current market dynamics will allow you to discuss relevant strategies and demonstrate your expertise during discussions with the hiring team.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully developed and implemented pricing strategies in previous roles. Highlighting your analytical skills and ability to collaborate with cross-functional teams will show that you're a strong candidate for this leadership position.

We think you need these skills to ace Executive Director, Head of Global Pricing

Pricing Strategy Development
Healthcare Systems Knowledge
Pricing Analytics
International Pricing Regulations
Market Dynamics Analysis
Competitive Landscape Assessment
Forecasting and Optimisation of Pricing Outcomes
Governance and Compliance Management
Stakeholder Engagement
Cross-Functional Team Leadership
Communication Skills
Negotiation Skills
Team Management
Detail Orientation
Strategic Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in pricing strategy, particularly within the biotech or pharmaceutical sectors. Use specific examples that demonstrate your analytical skills and understanding of global market dynamics.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with BioMarin's mission to make life-changing therapies accessible, and mention any innovative pricing models you have developed or implemented.

Highlight Leadership Experience: Since the role involves managing a team, emphasise your leadership experience. Provide examples of how you've motivated teams, fostered collaboration, and ensured high performance in previous roles.

Showcase Communication Skills: Given the importance of stakeholder collaboration, include examples of how you've effectively communicated complex pricing strategies to diverse audiences. This could be through presentations, reports, or cross-functional team meetings.

How to prepare for a job interview at BIOMARIN

✨Understand the Company and Its Mission

Before your interview, make sure you thoroughly research BioMarin and its mission to translate genetic discoveries into new medicines. Familiarise yourself with their product pipeline and recent developments in the biotechnology field to demonstrate your genuine interest and alignment with their goals.

✨Showcase Your Analytical Skills

As the Head of Global Pricing, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've conducted pricing analytics or developed pricing strategies in previous roles. Highlight your ability to interpret complex data sets and how this has positively impacted business outcomes.

✨Emphasise Stakeholder Collaboration

This role requires collaboration with various stakeholders. Prepare to share experiences where you've successfully engaged with cross-functional teams or external partners. Discuss how you foster relationships and communicate effectively to achieve common goals.

✨Demonstrate Leadership and Team Management

As a leader, it's important to convey your management style and how you motivate your team. Share examples of how you've developed team members, maintained high performance, and created a culture of recognition and accountability. This will show that you can lead a team of pricing experts effectively.

Executive Director, Head of Global Pricing
BIOMARIN
Location: London
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  • Executive Director, Head of Global Pricing

    London
    Full-Time
    54000 - 90000 £ / year (est.)
  • B

    BIOMARIN

    1000-5000
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