Requisition ID 43441BR<br/>Title Sr. Analyst, Strategic Pricing<br/>Job Category Pricing<br/>Job Description PURPOSE:<br/>The purpose of this position is to support analytical input into the development and implementation of a world class pricing strategy. This includes contributions to deal development, new product pricing and strategic pricing projects, execution of list and net pricing strategies, and monitoring and evaluation of contract performance for all customer segments (e.g., Managed Care, Non-Federal Hospitals, Long-Term Care, Medicare Part D, Medicaid (FFS & MM), Exchanges and Federal), including Diabetes, Biopharmaceutical and hormone therapy products.<br/><br/>RELATIONSHIPS:<br/>The position reports directly to a Senior Manager in Strategic Pricing and provides analytical support to other Managers within Strategic Pricing. Provides periodic analytical analysis to the Director, Strategic Pricing.. The position will interact with a number of internal stakeholders including Contract Management, Rebate Management, Commercial Effectiveness, Government Pricing, Market Access Strategy and the Market Access Account Executives.<br/><br/>ESSENTIAL FUNCTIONS:<br/>* Assists with developments and updates to Pricing SOPs in compliance with all applicable regulations<br/>* Assists with the notification of launch product prices, correct system updates, and special terms/dating<br/>* Assists with the yearly review of current pricing strategies and owns the process for developing recommendations for the next calendar year<br/>* Develops world-class data gathering process to capture competitive pricing and discounting<br/>* Supports business and analytical expertise in the development of tools and methods that will result in more accurate customer profitability assessment and decision-making<br/>* Supports contract profitability forecasting<br/>* Contributes to continuous improvement of methodologies by measuring forecast versus actual results and benchmarking against industry practices<br/>* Works with 3rd party pricing vendors, Master Data, Contracts Operations, Finance, Trade and Pricing Services to implement and disseminate pricing changes<br/>* Analyzes impact of pricing changes on Novo Nordisk® financial results, including impact on statutory pricing<br/>* Assists in the development of channel forecasts and customer segment valuation<br/>* Assists with the development of Pricing Committee business cases and financial analysis<br/>* Collaborates with other groups (within PCOR and across other internal NNI groups (e.g. – CE/FFE)) to ensure proper pricing and product information is being used<br/>* Contributes to scenario impact models on pricing and profitability within key channels<br/>* Develops presentations for Senior Management regarding contracting and pricing strategies<br/>* Develops pricing models to be used in the review of list and net pricing recommendations<br/>* Executes analysis of net contract sales, market share, and contract pricing for the U.S.<br/>* On an ad hoc basis, develops reports that monitor and evaluate Managed Markets performance at customer and channel levels<br/>* Owns financial analysis quantifying the expected performance and profitability of retail and non-retail contracts for in-line products<br/>* Partners with the Senior Manager to execute global projects relating to analysis of net sales, market shares, and pricing in the U.S. market<br/>* Provides ad hoc analyses as required<br/>* Provides integrated analyses and insights for customers and other business groups (e.g., customer segment reports and trend reports for internal Finance, Sales and Marketing management)<br/>* Provides new product launch teams with in-depth performance metrics and insights on top Managed Markets accounts<br/>* Supports Strategic Pricing managers with the development and implementation of Managed Markets Strategy through financial modeling for deal evaluation and creation of analytical deliverables<br/>* Works with Master Data to ensure the accuracy of this pricing information in the NNI systems<br/><br/>PHYSCIAL REQUIREMENTS:<br/>* 0-10% overnight travel required<br/><br/>QUALIFICATIONS:<br/>* A bachelor’s degree is required; relevant experience may be substituted for degree, when appropriate<br/>* A minimum of 4 years relevant experience in the areas of pricing, contracting, forecasting, and financial modeling is required<br/>* Pharmaceutical industry experience is preferred<br/>* A strong understanding of Microsoft Excel, Access, Visual Basic PowerPoint and other key platforms is required<br/>* Must have the ability to collaborate with stakeholders to execute analysis in support of decision-making and planning<br/>* Must have the ability to communicate with all levels of the organization<br/>* Must have the ability to ensure quality and validity of data and resolve data problems as necessary<br/>* Must have the ability to perform advanced analyses (analytical, quantitative, and qualitative) required. Strong attention to detail<br/><br/>Department FIN - STRATEGIC PRICING (3)<br/>Position Location US - Princeton, NJ<br/>City Plainsboro<br/>State/Provinces US - NJ
<br/><br/>At Novo Nordisk, we know that driving change on a global level and improving treatment outcomes for people with diabetes and other chronic diseases begins here at home. That's why we make an unmatched commitment to our employees, our families and our communities. That means outstanding rewards, industry-leading training programs, and an environment that supports you to achieve your goals at every level. It's all part of the Novo Nordisk Way. It includes our Vision and our commitment to the Triple Bottom Line principle – helping us find the right balance between compassion and competitiveness
<br/><br/>With a career at Novo Nordisk, you’ll feel a difference right from the start. It’s a sense of inspiration and mobility that comes from a shared belief in driving positive change for people, families, and communities everywhere. Congratulations on taking your first step!
<br/><br/><p class="eeo_desc">Novo Nordisk is committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, physical or mental disability, medical condition, veteran status, genetic information, or any other characteristic protected by federal, state, or local law.<br/><br/>
Novo Nordisk will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.<br/><br/>
If you are interested in applying for employment with Novo Nordisk and need special assistance or an accommodation to use our website or to apply for a position, please call the U.S. Toll Free number at 1-855-411-5290 or click on the following link to submit your request: <a href="https://www.surveymonkey.com/r/novoaccommodation" target="_blank" title="Accomodation Survey">https://www.surveymonkey.com/r/novoaccommodation</a>. Please note we do not accept applications for employment or employment related solicitations through this site. If you are requesting special assistance, please specify your request by selecting "Yes" in Question 2 on the site. We will not be able to respond to requests unless you specify the need for special assistance or an accommodation in Question 2. Determinations on requests for reasonable accommodation are made on a case-by-case basis.</p>
↧