Pricing and Policy Insights Manager

Pricing and Policy Insights Manager

Facility:
Market Access

Location:

Plainsboro, NJ, US

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & 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, maintaining our facilities and assuring the integrity and completeness of all business transactions.

At Novo Nordisk, you will have the opportunity to build a 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?

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.

Reports to 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:

• 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
• Demonstrates an advanced understanding of legislative and regulatory mandates impacting pharmaceutical net price evolution and federal market access.
• Experience collaborating within a global matrix environment, with a foundational understanding of ex-US market access and pricing frameworks is a plus
• 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 work groups
• 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 5 years of progressively responsible, relevant experience (pricing, contracting, forecasting, consulting, portfolio analysis, policy analytics, and/or…