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- Tasks: Develop and execute pricing strategies for McKesson's biosimilar portfolio.
- Company: Join McKesson, a Fortune 10 company making healthcare accessible and affordable.
- Benefits: Comprehensive benefits, competitive salary, and support for your well-being.
- Why this job: Make a real impact in healthcare while shaping pricing strategies.
- Qualifications: 5+ years in pharmaceutical pricing with strong analytical skills.
- Other info: Dynamic environment with opportunities for growth and innovation.
The predicted salary is between 62600 - 104300 £ per year.
The Biosimilars Pricing Manager will be responsible for developing and executing pricing strategies for McKesson's biosimilar portfolio, ensuring competitive positioning and optimal market access. This role requires a strong understanding of the biosimilar landscape, healthcare economics, and pricing methodologies to drive sustainable growth and profitability.
Responsibilities
- Develop, implement, and manage pricing strategies for McKesson's biosimilar products across various markets and customer segments.
- Conduct in-depth market analysis, including competitive intelligence, payer landscape assessment, and therapeutic area insights, to inform pricing decisions.
- Collaborate cross-functionally with sales, marketing, market access, and finance teams to align pricing strategies with overall business objectives.
- Perform financial modeling and forecasting to assess the impact of different pricing scenarios on revenue and profitability.
- Negotiate pricing and contracting terms with manufacturers, GPOs, and other key stakeholders to secure favorable agreements.
- Monitor and analyze pricing performance, identifying trends, opportunities, and risks, and proposing corrective actions as needed.
- Stay current with evolving healthcare regulations, reimbursement policies, and industry trends impacting biosimilar pricing.
- Prepare and present pricing recommendations and analyses to senior management.
- Develop and maintain pricing tools and databases to support efficient pricing operations.
- Support the development of new product launch strategies from a pricing perspective.
Qualifications
- Bachelor's degree in Business, Finance, Economics, or a related scientific field. Master's degree (MBA or equivalent) preferred.
- Minimum of 5 years of experience in pharmaceutical pricing, market access, or commercial analytics, ideally with a significant focus on biosimilars or specialty pharmaceuticals.
- Proven track record of developing and implementing successful pricing strategies.
- Excellent financial modelling, analytical and quantitative skills.
- Demonstrated ability to effectively communicate complex pricing concepts and recommendations to diverse audiences, in both verbal and written form.
- Strong negotiation and influencing skills.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
Preferred Qualifications
- Proficiency in financial modeling and data analysis tools.
- Strong understanding of healthcare reimbursement models, payer dynamics, and the biosimilar market advantageous.
- Proficiency with CRM systems and business intelligence tools is a plus.
About the Company
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.
Culture & Impact
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.
Compensation & Benefits
We care about the well-being of the patients and communities we serve, and that starts with caring for our people. That's why we have a Total Rewards package that includes comprehensive benefits to support physical, mental, and financial well-being. Our Total Rewards offerings serve the different needs of our diverse employee population and ensure they are the healthiest versions of themselves. As part of Total Rewards, we are proud to offer a competitive compensation package at McKesson. 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. Our Base Pay Range for this position £62,600 - £104,300
Biosimilars Pricing Manager in City of Westminster employer: McKesson Corporation
Contact Detail:
McKesson Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Biosimilars Pricing Manager in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to folks in the biosimilars and pharmaceutical space on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by diving deep into McKesson’s biosimilar portfolio. Understand their pricing strategies and market positioning. When you can speak their language and show you’re clued up on their products, you’ll stand out as a candidate who’s genuinely interested.
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Use our website to find positions that match your skills and interests. Tailor your approach to each role, highlighting how your experience aligns with their needs, especially in pricing strategies and market access.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your fit for the role. It shows you’re keen and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Biosimilars Pricing Manager in City of Westminster
Some tips for your application 🫡
Know Your Stuff: Before you start writing, make sure you understand the biosimilars landscape and pricing strategies. This will help you tailor your application to show that you’re the right fit for the role.
Showcase Your Experience: Highlight your relevant experience in pharmaceutical pricing and market access. Use specific examples to demonstrate how you've successfully developed and implemented pricing strategies in the past.
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon unless necessary, and make sure your key skills and achievements stand out. We want to see your strengths without wading through fluff!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at McKesson.
How to prepare for a job interview at McKesson Corporation
✨Know Your Biosimilars Inside Out
Make sure you brush up on the biosimilar landscape and pricing methodologies. Understand the competitive positioning of McKesson's portfolio and be ready to discuss how you would approach pricing strategies in different markets.
✨Market Analysis is Key
Prepare to showcase your analytical skills by discussing recent market trends, payer dynamics, and therapeutic area insights. Bring examples of how you've conducted market analysis in the past and how it informed your pricing decisions.
✨Collaboration is Crucial
Highlight your experience working cross-functionally with teams like sales, marketing, and finance. Be ready to share specific examples of how collaboration has led to successful pricing strategies in your previous roles.
✨Master Financial Modelling
Since financial modelling is a big part of this role, practice explaining complex pricing scenarios and their impact on revenue. Prepare to discuss any tools or software you’ve used for data analysis and how they can support efficient pricing operations.
