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- Tasks: Lead a team to develop global pricing strategies for life-changing therapies.
- Company: BioMarin is a pioneering biotech firm focused on innovative genetic medicines.
- Benefits: Enjoy a hybrid work model with flexible onsite days and a supportive team culture.
- Why this job: Join us to make impactful therapies accessible while working in a dynamic, collaborative environment.
- Qualifications: Advanced degree and experience in pricing strategy within biotech or pharma required.
- Other info: This role involves cross-functional collaboration and offers opportunities for professional growth.
The predicted salary is between 72000 - 108000 £ 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.
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 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.
- Analytics and Insights: Conduct in-depth pricing analytics to understand market dynamics and competitive landscape.
- Governance and Compliance: Establish and manage pricing governance frameworks to ensure compliance with internal policies and external regulations.
- Supporting Country Access Leads: Provide guidance and support to Country Access Leads in the implementation of global pricing strategies.
- Stakeholder Collaboration: Foster strong relationships with key stakeholders including Global Access Leads, Country Access Leads, marketing teams, and senior management.
- Reporting and Communication: Prepare and present pricing reports and insights to senior management and other stakeholders.
- 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.
- 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.
- Experienced negotiator with strong persuasion skills.
- 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.
Hybrid requires being on site in London, 2x each week. Onsite days are typically Wednesdays & another day of choice.
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.
Executive Director, Head of Global Pricing employer: BIOMARIN
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 not only impress during discussions but also demonstrate your proactive approach to the role.
✨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 be key in showcasing your fit for this position.
We think you need these skills to ace Executive Director, Head of Global Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure to customise your CV to highlight relevant experience in pricing strategy, analytics, and compliance within the biotech or pharmaceutical sectors. Use specific examples that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your passion for the role and the company. Discuss how your background aligns with BioMarin's mission and values, and mention specific achievements that showcase your skills in pricing strategies and stakeholder management.
Highlight Analytical Skills: In your application, emphasise your strong analytical and quantitative skills. Provide examples of how you've successfully interpreted complex data sets to inform pricing decisions and market strategies.
Showcase Leadership Experience: If you have experience managing teams, be sure to highlight this in your application. Discuss your approach to team management, motivation, and professional development, as these are key aspects of the Executive Director role.
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 provide transformative medicines. Familiarise yourself with their pipeline and recent developments in the biotechnology field, as this will show your genuine interest and alignment with their goals.
✨Demonstrate Your Analytical Skills
Given the role's focus on pricing analytics, be prepared to discuss your experience with data analysis and how you've used it to inform pricing strategies. Bring examples of past projects where your analytical skills led to successful outcomes.
✨Showcase Your Stakeholder Management Experience
The position requires strong collaboration with various stakeholders. Be ready to share specific instances where you've successfully managed relationships with internal teams or external partners, highlighting your communication and negotiation skills.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and strategic thinking. Think about potential challenges in global pricing strategies and how you would approach them, demonstrating your proactive mindset and ability to adapt to different market conditions.
