Associate Director – Biosimilar Pricing, Analytics and Strategy

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Formulate WAC and net pricing strategies during the launch and throughout the lifecycle for each biosimilar asset.

• Construct pricing models, including channel-specific models (Pharmacy/PBM vs Buy and Bill/ASP), simulate ASP impact scenarios, elucidate trade-offs, and forecast outcomes.

• Deliver pricing and strategy proposals to senior leadership and key stakeholders to enhance patient access.

• Act as a commercial payor and government contracting authority within the organization on statutory pricing compliance, price transparency reporting, and GTN effects stemming from contracts.

• Collaborate with Finance on gross-to-net (GTN) budget forecasts, accrual computations, and all matters related to gross-to-net.

• Oversee all Government Pricing programs, including statutory price calculations (ASP, AMP, BP, PHS, NFAMP, FSS), ensuring compliance with Federal regulations and statutes.

• Manage the implementation, administration, claim validation, and payment processes for Payor and government agreements with both the internal team and a third-party vendor.

• Work closely with Legal to confirm contract language, agreement conditions, and program adherence.

• Serve as the main contact for the Pricing Compendia, reporting any pricing or product updates to the market.

• Keep track of competitive pricing shifts across reference products and rival biosimilars; suggest response strategies.

• Maintain governance over a pricing repository containing all product pricing and terms accessible to distributors to facilitate seamless product order releases.

• Participate in and oversee Sarbanes-Oxley compliance for the Pricing Committee.

• Create and uphold departmental SOPs to ensure operational compliance with internal policies.

• Collaborate closely with External and Internal Audit teams to guarantee control compliance.

• Manage relationships with third-party vendors and assess their deliverables.

• This role has the potential to evolve into overseeing, developing, and managing a team that supports and implements the Pricing and Contracting initiatives for the organization.

⛳️ Requirements

• BA/BS in a related field or equivalent experience; MBA is preferred.

• Over 8 years of experience in the pharmaceutical industry; 5+ years in a biosimilar or managed market leadership role is highly preferred.

• More than 8 years of experience in government pricing, commercial contracting, and gross-to-net support.

• Advanced understanding of the US healthcare systems, including organization, reimbursement, formulary strategy, decision-making, and emerging trends.

• Strong financial modeling capabilities; fluency in GTN and rebate structures is essential.

• Direct experience with GPO contracting, PBM formulary strategy, and payor negotiations is strongly preferred.

• Ability to analyze and interpret contract language and identify potential risks to the organization.

• Willingness to operate in a fast-paced environment with multiple priorities, demonstrating a high degree of initiative and independence.

• Capacity to collaborate cross-functionally with areas such as Accounting, Commercial Analytics, Compliance, Finance, Government Affairs, IT, Legal, Market Access, and Trade.

• Excellent problem-solving abilities and proficiency in analyzing and reconciling contracts and financial data.

• Outstanding organizational skills with a keen attention to detail.

• Self-motivated individual capable of strategic thinking and independent work.

• Proficient in Microsoft Office.

• Professional and proactive demeanor.

• Strong interpersonal abilities.

• Exceptional written and verbal communication skills.

🏝️ Benefits

• Competitive salary along with medical, dental, and vision insurance.

• Flexible spending accounts.

• Long- and short-term disability insurance, in addition to life insurance.

• 401(k) plan with matching contributions.

• Generous PTO and company-paid holidays.

• Paid parental leave (for both maternity and paternity).

• Employee assistance program.

• Access to an onsite gym.