Associate Director, Contracts and Pricing

Job Title: Associate Director, Contracts and Pricing

Location: Boston, MA (Hybrid)

Job Summary

The Associate Director, Contracts and Pricing - Prescription Business Unit, U.S. is responsible for assisting in the development, modeling, execution, and measurement of access and reimbursement strategies to accelerate product launches, maximize market adoption, and fully capitalize on life-cycle management - early development through and beyond loss of exclusivity (LoE).

Key Responsibilities

Achieve financial targets

• Meet/exceed gross profit, gross margin, and net sales targets. Accountable for access and reimbursement contract forecasts, invoices, accruals, and validation through the budgeting and financial review process.
• Ensure short and long-term financial targets are achieved and aligned with corporate goals. Responsible for monthly business planning and forecasting models.

Oversee market access and reimbursement / payer operations, financials and reporting

• Responsible for managed care contracting process from business case development to post-deal analytics.
• Own payer rebate budget in the GTN process.
• Assist Gross to Net modeling for in line portfolio and new product launches - developing robust forecasts based on contract data and qualitative insights.
• Collaborate with Rx Leadership to align on market access and GTN assumptions for all forecasting cycles.
• Manage market access research and analytic projects to guide market access and pricing decisions.

Assist access and reimbursement strategies and operations (launch to lifecycle management)

• Partner with the Rx Leadership Team, Global business unit, and cross-functional key stakeholders and assist in the development, modeling, execution, and measurement of access and reimbursement strategies to accelerate product launches, maximize market adoption, and fully capitalize on life-cycle management.
• Implement the Market Access Payer/Reimbursement annual strategic plan to maximize profitability, promotional efforts, and pull through of negotiated payer contract terms and conditions for all Galderma Rx products.
• Serve as secretary on the U.S. Rx Pricing Committee

Responsible for payer negotiation and contract terms

• Serve as a Subject Matter Expert (SME) and member of the Payer negotiation team responsible for customer negotiation of contract terms & conditions with national and regional payers.
• Proactively assess the risks and opportunities and provide insight driven recommendations to information the negotiation process; supporting the Market Access Field Reimbursement team in key customer engagements.

Manage communication

• Define plans to ensure proactive communication on all aspects of Payer reimbursement and contract terms/conditions. Includes, but is not limited to, monthly KPI reporting and qualitative assessment of the rebates, routine assessment of patient mix, and understanding impact of national healthcare regulations and policies, and serve as a member of the Monthly business planning (MBP) process.

Support business development and new products

• Collaborate with Business Development to conduct market access assessments and diligence of potential new M&A and licensing targets.
• Support new products by defining key value drivers and go-to-market access strategies across a multichannel approach for a complex ecosystem of healthcare providers; HCPs, governments, health systems, and health care consumers.

Minimum Education, Knowledge, Skills:

• 8 years of progressive experience in contracts and pricing

• Bachelor's Degree

About the Compensation:

The base salary range for this role is determined based on several factors. These include but are not limited to job accountabilities; skill sets; experience and training; certifications; work location; competitive market rates and other business needs. At Galderma, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on a unique combination of factors for each role. A reasonable estimate of the hiring range for this role is $185,000 - $225,000 USD. In addition to base salary, we provide an opportunity to participate in an annual short-term incentive program that is based on corporate performance with a multiplier focused on individual performance. We offer a competitive and comprehensive benefits program including health insurance, 401(k) plan with employer match, a generous paid time off policy, hybrid work schedules and more.

All applicants must be legally authorized to work in the United States without requiring any type of work sponsorship. This position does not offer visa sponsorship now or in the future. If you require sponsorship, please do not apply. Individuals requiring sponsorship are not eligible and should not apply.

What we offer in return

You will be working for an organization that embraces diversity & inclusion and believe we will deliver better outcomes by reflecting the perspectives of our diverse customer base. You will also have access to a range of company benefits, including a competitive wage with shift differential, annual bonus opportunities and career advancement and cross-training.

Next Steps

• If your profile is a match, we will invite you for a first conversation with the recruiter.
• The next step is a virtual conversation with the hiring manager.
• The final step is a panel conversation with the extended team.

Our people make a difference

At Galderma, you'll work with people who are like you. And people that are different. We value what every member of our team brings. Professionalism, collaboration, and a friendly, supportive ethos is the perfect environment for people to thrive and excel in what they do.

Employer's Rights:

This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based on your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not an employment contract, and either you or the employer may terminate employment at any time, for any reason. In addition, reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of this position.