- Evaluates Healthcare Reform/legislative changes from both a financial and strategic perspective
- Strategic partner with PA - Policy team to stay up to date on federal policy changes and help guide the thinking on prioritization & recommendation on potential legislative changes
- Strategic partner with legal/compliance to stay up to date on state level policy changes
- Assesses compliance and state reporting requirements with regard to price increases, launches, and price transparency reporting
- Thorough understanding of Inflation Reduction Act
- Drive organizational awareness and understanding of political environment & financial risk
- Assists in preparing any pricing/policy related analysis for investor relations questions as well as investor roadshows
- Collaborates with government pricing team to provide inputs in order to assess all potential pricing changes on government calculations (e.g. URA, 340B)
- Analyzes the impact on pricing decisions on ARP/profitability and provides guidance to key stakeholder
- Partner with Strategy & Innovation to provide pricing analytics/insights for strategy evaluation & guidance on future outlook
- Owns analysis for Risk Report and investor relations document
- Serve as a key lead with legal & compliance on various workgroups
- Develops scenario impact models on pricing and profitability within key channels.
- Develops presentations for senior management (StC, Pricing Committee, etc)
- Serve as key point with legal on congressional inquiries along with any additional pricing and policy related legal requests
- Supports business and analytical expertise in the development of tools and methods that will result in more accurate customer profitability assessment and decision-making.
- Provides ad hoc analyses as required Physical Requirements 0-10% overnight travel required. Qualifications
- Bachelor's degree required. Advanced degree preferred.
- Requires a minimum of six (6) years of experience, with a minimum of four (4) years of progressively responsible experience in either pricing, forecasting, consulting, contracting, portfolio analysis and/or finance and reporting. Pharmaceutical experience preferred. Advanced degree may be substituted for experience when appropriate
- A strong level of analytical, quantitative, and qualitative analysis skills
- Ability to deliver message and presentations in a clear, confident manner
- Demonstrated leadership skills. Demonstrates an ability to manage and influence to ensure business objectives are met
- Ability to function in a project leadership role
- Ability to interact and manage multiple internal relationships at all levels of the business
- Attention to detail with an ability and readiness to delve into and resolve data problems
- Advanced proficiency in Microsoft Excel, Access, PowerPoint, Word, and other key platforms We commit to an inclusive recruitment process and equality of opportunity for all our job applicants. At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we're life changing. Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations. If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
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Manager - Pricing & Market Access Insights and Analytics - Plainsboro, United States - Novo Nordisk
Description
About the Department
The Finance and Operations dept. brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance and Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, insights and analytics, delivering patient support solutions, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?
The Position
This position is responsible for monitoring and assessing the on-going healthcare reform changes, PhaRMA and industry responses, and state-level transparency initiatives. This includes proactively identifying risk, financial modeling, providing findings and key insights to leadership, and supporting strategy development.
Relationships
Reports to the Associate Director, Pricing & Policy Insights. Works and partners closely with other team members in Pricing Insights; Public Affairs – Policy; Government Pricing & Compliance; Strategy and Innovation; Market Access; Investor Relations; Finance; Brand Marketing; Other Novo Nordisk internal departments such as Legal, Sales, etc. External relationships include field Account Executives and Directors, Novo Nordisk AS, professional associations, vendors, and customers.
Essential Functions
