At a Glance
- Tasks: Drive pricing strategies and collaborate with teams to optimise market access.
- Company: Join a leading pharmaceutical company committed to innovation and collaboration.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on career development and global impact.
- Why this job: Be a thought leader in pricing and make a real impact on healthcare access.
- Qualifications: 5+ years in pricing or access roles; strong analytical and collaborative skills.
The predicted salary is between 80000 - 100000 ÂŁ per year.
The Pricing Director (PD) will drive the development of launch and in‑market pricing strategies that enable access for our products in partnership with relevant functions (TA, S&G, Access, HEOR, Policy, Finance, etc.). The role requires the right capabilities and mindset to drive collaboration, impact, and innovation to realise our short‑ and long‑term goals. The PD is expected to be a thought leader and expert in assigned therapeutic/disease area(s) and a strategic partner to internal stakeholders.
About the role
The PD is expected to support assigned countries on the pricing implementation side, ensuring price decision making follows governance. The position reports to the Executive Director Pricing & Contracting.
Key Responsibilities
- Develop, review, and execute pricing strategies for assigned compounds/indications within assigned areas.
- Responsible for ensuring alignment with program and brand strategies to optimise brand value and market access.
- Collaborate on pricing research with other IM functions, assigned countries/regions (as needed).
- Identify competitive trends, synthesise competitor price information (including biosimilars and generics), and trigger actions as required.
- Design and oversee global launch sequence optimisation for assigned assets/indications.
- Coordinate with assigned countries and other International functions to ensure pricing and access are optimised as impact is felt across markets.
- Develop and co‑create models to optimise pricing and access and recommend adaptations where appropriate.
- Provide input, as needed, into the price assessment of early‑stage products and due diligence projects to validate price, dosing, endpoint, and comparator selection from a price implementation and realisation point of view.
- Develop loss of exclusivity (LoE) strategy to help mitigate erosion in exposed indications.
- Be an expert on assigned countries and share knowledge regarding major developments in these markets.
- Interact regularly with assigned countries.
- For select markets, provide operational pricing scenario analysis on local price proposals for consultation and decision‑making.
- Provide/withhold endorsement of product price proposals consistent with international governance at launch and any list & net price changes post‑launch for assigned markets.
- Monitor local pricing and contracting implementation.
- Ensure support to countries for price certificates and other pricing‑related documentation.
- Identify future price evolution events and ensure maintenance of these in our system for assigned countries.
- Leverage pricing analytics and coordinate with funds flow and finance to identify and manage non‑profitable products.
- Enhance information exchange and best practice sharing on pricing across international functions, regions, and countries.
Essential Requirements
- At least 5 years of relevant senior level experience at pharmaceutical companies, HTA or health care consultancy companies; pricing, access and commercial experience across multiple brands and multiple therapeutic areas.
- Bachelors (Masters preferred) in Math, Economics, Business Administration, Finance, Marketing, Health Policy, Health Economics, or advanced related fields.
- Excellent analytical skills and ability to extract and quickly process key information, summarise key needs, and provide targeted and appropriate insights and recommendations.
- Recent experience in above country (regional or global) role preferred.
- Strong external orientation with broad & deep therapeutic experience, healthcare systems and market insights.
- Track record of successfully working across functions (especially, Medical, Marketing, Strategy, Finance).
Desirable Requirements
- At least 7 years of relevant senior level experience.
- Rare disease experience at medical, HEOR, access or Pricing level.
Accessibility statement for Switzerland: Novartis is committed to working with and providing reasonable accommodation to all individuals. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the recruitment process, or in order to receive more detailed information about the essential functions of a position, please send an e‑mail to diversity.inclusion_ch@novartis.com and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Pricing Director NS employer: Novartis UK
Contact Detail:
Novartis UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Director NS
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Pricing Director role.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience and insights in pricing strategies. We want to see you shine as a thought leader! Share your ideas on market access and how you’ve tackled challenges in the past.
✨Prepare for the Interview
Do your homework before the interview! Research the company’s products, pricing strategies, and recent developments in the market. We want you to come in armed with knowledge and ready to discuss how you can contribute to their goals.
✨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, we love seeing candidates who are proactive and engaged in the process. Let’s get you that Pricing Director position!
We think you need these skills to ace Pricing Director NS
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pricing Director role. Highlight your relevant experience in pricing strategies and collaboration with various functions, as this will show us you understand what we're looking for.
Showcase Your Analytical Skills: Since the role requires excellent analytical skills, don’t shy away from sharing specific examples of how you've used data to drive pricing decisions or market access strategies. We love seeing those numbers in action!
Demonstrate Your Thought Leadership: As a thought leader in the field, it’s important to convey your insights on current trends in pricing and market access. Share your perspectives in your application to show us you’re not just experienced, but also forward-thinking.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Novartis UK
✨Know Your Pricing Strategies
Make sure you’re well-versed in various pricing strategies relevant to the pharmaceutical industry. Brush up on how to develop and execute pricing strategies, as well as how to align them with brand value and market access. This will show your potential employer that you can hit the ground running.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Be ready to discuss how you've extracted key information from complex data sets in previous roles. Think of specific examples where your insights led to impactful decisions, especially in pricing or market access.
✨Understand the Competitive Landscape
Familiarise yourself with current trends in pricing, including competitor pricing strategies, biosimilars, and generics. Being able to discuss these topics will highlight your external orientation and deep understanding of the market, which is crucial for a Pricing Director.
✨Emphasise Collaboration Experience
Since the role requires working across multiple functions, be prepared to share examples of successful collaborations with teams like Medical, Marketing, and Finance. Highlight how you’ve driven innovation and impact through teamwork, as this will resonate well with the interviewers.