AD, Market Access Contracting & Analytics (Multiple Positions)-Remote
About the role Location: Remote
This position can be based remotely anywhere in the U.S. (there may be some restrictions based on legal entity). Please note that this role would not provide relocation as a result. The expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager.
About the Role: As an Associate Director of Contracting & Analytics in the Market Access department you will be leading the preparation of Market Access contracts across several segments including, but not limited to, Managed Care, Medicare, Channel (Group Purchasing Organizations, Distributors, Dispensers and Sites of Care), and other commercial contracts. Your role will also include developing and analyzing contracting strategies and providing analytical support across market access contracts within multiple business segments (Managed Care, Medicare, and Channel contracts).
Key Responsibilities:
* Serving as the central point of contact for the pricing and channel strategy teams, account management, legal, Managed Markets Finance (MMF) operations, government pricing, and senior leadership on all contracting matters related to a designated account list or segment.
* Working with pricing, channel strategy, and account management in the development of con-tract proposals and effective negotiation strategies, including working with customer accounts directly in negotiation of contractual documentation.
* Collaborating with the pricing and channel strategy teams to develop and assess brand contracting strategies.
* Serve as primary liaison to MMF to ensure accurate understanding and interpretation of con-tract changes. Provide general oversight to discount and rebate operations team and serve as an approver of various contract price determinations and payment types related to market access contracts (e.g., Managed Care and Medicare rebate payments, GPO, channel, and customer contract price and rebate payments).
* Support market access teams in managing contract amendments, renewal timeline tracking and execution, and the development of new contracting templates.
* Ensure all contracts are completed according to determined SLAs and SOPs
* Preparing regular reports and dashboards for management, key internal stakeholders across market access and brand teams, and external stakeholders to supplement customer and ac-count business and performance reviews. Reporting will include but not limited to formulary tracking, rate tracking, invoice tracking, growth and performance-based rebate tracking across customers and/or channel segments, and general reporting of market share using both claims, IQVIA, sales, and chargeback data.
* Responsible for accurate and timely reporting of formulary changes in NEXUS across Managed Care and Medicare accounts.
* Engage on an ongoing basis with MMF Gross to Net forecasting team to review contract changes, actual blended rates forecasted blended rates, and associated P&L implications for each account.
* Responsible for SOX documentation and compliance with periodic internal and external audits. EEO Statement We are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please let us know the nature of your request, your contact information and the job requisition number in your message:
- Novartis: e-mail us.reasonableaccommodations@novartis.com or call +1 (877)395-2339
- Sandoz: e-mail reasonable.accommodations@sandoz.com or call: +1-609-422-4098
Role Requirements What You'll Bring to the Role:
Education: Bachelor's degree in Finance, Economics, or Law preferred; advanced degree (i.e., MBA) a plus
Essential Requirements:
* Minimum of 5 years of pharmaceutical or healthcare industry experience
* Experience in contract reviewing/writing, account measurement, reporting, and forecasting.
* Advanced understanding of legal aspects of contracts and contract interpretation as well as potential pricing impacts
* Ability to manage complex contracts and understand potential pricing impacts.
* Excellent written and verbal communication skills; ability to present complex information and data sets in an understandable and compelling manner.
* Excellent financial and analytical skills and acumen
* Proficiency with MS Office applications including advanced Word, Excel and PowerPoint capabilities.
* Must have the ability to lead without authority and effectively delegate to cross-functional partners while ensuring the team remains motivated and engaged.
Desirable Requirements:
* Extensive knowledge of pharmaceutical and market access contracting and its market segments
* Experience in all commercial, managed care, and channel environments (HMOs, IPAs, PBMs, GPOs, LTCs, and Specialty Pharmacies), and knowledge of the Medicare contracting market-place.
Why Novartis: Our purpose is to reimagine medicine to improve and extend people's lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here: https://www.novartis.com/about/strategy/people-and-culture
You'll Receive: You can find everything you need to know about our benefits and rewards in the No-vartis Life Handbook. https://www.novartis.com/careers/benefits-rewards
Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
The pay range for this position at commencement of employment is expected to be between $174,400 and $261,600 per year; however, while salary ranges are effective from 1/1/24 through 12/31/24, fluc-tuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibil-ity and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee re-ceives an offer of employment. If hired, employee will be in an "at-will position" and the Company re-serves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network Business Unit MARKET ACCESS Work Location East Hanover, NJ Company/Legal Entity Novartis Pharmaceuticals Functional Area Market Access
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Novartis Group Companies
parental leave, paid time off, sick time, 401(k)
March 26, 2024