Pricing Analyst (Pricing Analytics)

Overview

Responsible for the development and analysis of fair market value pricing for clinical trial agreements including benchmarking fees and drafting and finalizing financial exhibits to clinical trial agreements.

Provide support to the clinical team in the budgeting, pricing, planning, execution and control of grants and contracts.

Deliverables

• Services rendered will adhere to applicable SOPs, Wis, policies, local regulatory requirements, etc.
• Analyze pricing requests/needs from operating companies and translating into appropriate budgets/contract exhibits for company sponsored and investigator initiated clinical trial agreements and other ancillary contract documents as they relate to various clinical projects. Analyze investigator grants for fair market value aligned with regional knowledge and the pricing guidelines, and based on adequate scope of work, clinical trial protocol and other clinical trial information. Participate in and/or lead the budget escalation review process.
• Translate clinical trial protocol requirements into fair market value pricing/budget milestones per company guidelines and policy.
• Provide guidance to CROs contracted to negotiate CAs globally, inclusive of training and oversight. Determine potential needs for budget revisions and related contract amendments.
• Ensure that contractual terms and provisions are in compliance with corporate process, systems, and strategies.
• Provide virtual training to global clinical trial agreement negotiators. Assume responsibility for all aspects of pricing documentation and metrics tracking.
• Proactively ensure process improvements refinements that result in reduced cycle time, creating savings and improving efficiency in the initiation of clinical trial sites.
• Mentor and train new pricing assistants, pricing analysts, and site contract managers as needed.
• Ensure inspection ready by complying with relevant training requirements and developing therapeutic knowledge for service delivery.
• May contribute as a trainer of systems/processes or provide input to functional area process initiatives, if applicable.
• Full utilization by timely and accurate time reporting (BEACON).
• Other deliverables related to Pricing Analytics may be assigned.
  
  

Education And Experience Requirements

• Bachelor's degree, or equivalent, in appropriate scientific or business discipline.
• 3- 5 years' experience and/or equivalent competencies in pharmaceutical industry/clinical research.
• Working knowledge of the clinical development process with 2 years of pricing/budgeting or negotiation and contract experience.
• Experience working with IMS GrantPlan system or Medidata Grants Manager system.
• Excellent communication skills (both oral and written).
• Familiarity with healthcare compliance and other relevant guidance (HIPAA, FCPA, Safe Harbor, etc.
• Ability to work effectively in cross function teams in various levels of the organization.
• Strong and proven negotiation and problem resolution skills.
• Working knowledge of PCs (MS Office suite at a minimum) and database management.
• Must demonstrate ability to work in a fast-paced environment and to work independently.
• Fluency in English
  
  

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com

IQVIA is proud to be 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, disability, status as a protected veteran, or any other status protected by applicable law. https://jobs.iqvia.com/eoe

IQVIA is committed to integrity in our hiring process and maintains a zero tolerance policy for candidate fraud. All information and credentials submitted in your application must be truthful and complete. Any false statements, misrepresentations, or material omissions during the recruitment process will result in immediate disqualification of your application, or termination of employment if discovered later, in accordance with applicable law. We appreciate your honesty and professionalism.

The potential base pay range for this role, when annualized, is $62,800.00 - $157,100.00. The actual base pay offered may vary based on a number of factors including job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time). Dependent on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.