Associate Director – Biosimilar Pricing, Analytics and Strategy

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🌽 Illinois – Remote

🌽 Illinois – Remote

💵 $115k - $155k / year

⏰ Full Time

🟠 Senior

💰 Pricing Analyst

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OWP Pharmaceuticals

WebsiteLinkedInAll Job Openings

11 - 50 employees

💊 Pharmaceuticals

⚕️ Healthcare Insurance

🌍 Social Impact

Pharmaceuticals • Healthcare Insurance • Social Impact

OWP Pharmaceuticals is a commercial-stage neuroscience specialty pharmaceutical company dedicated to developing and commercializing novel oral liquid formulations, particularly for neurological disorders. The company supports providers and patients in the U. S. with beneficial medications while also donating profits to support educational and medical initiatives for those with neurological disorders in under-resourced areas globally, reflecting their commitment to social impact in healthcare.

📋 Description

• Develop WAC and net price strategies at launch and lifecycle for each biosimilar asset • Build pricing models, including channel specific models (Pharmacy/PBM vs Buy and Bill/ASP), model ASP impact scenarios and articulate tradeoffs, and forecast modeling • Present pricing and strategy recommendations to senior leadership and key stakeholders to maximize patient access • Serve as a commercial payor and government contracting expert to the organization on statutory pricing compliance, price transparency reporting, and GTN impacts that result from contracting • Partner with Finance on gross-to-net (GTN) budget assumptions, accrual calculations, and all gross-to-net matters • Responsible for oversight of all Government Pricing programs including calculation of statutory prices (ASP, AMP, BP, PHS, NFAMP, FSS), and compliance with Federal regulations and statutes • Oversees implementation, administration, claim validation and payment of Payor and government agreements by the internal team and with a third-party vendor • Partners closely with Legal to ensure contract language, agreement terms, and program compliance • Serves as a primary liaison to the Pricing Compendia reporting any price or product updates to the marketplace • Monitor competitive price moves across reference product and competing biosimilars; recommend response strategies • Maintains governance of a pricing repository for all product pricing and terms available to the distributors so Trade can seamlessly release product orders • Participates in and holds the Sarbanes-Oxley compliance oversight over the Pricing Committee • Develops and maintains departmental SOPs to ensure operational compliance with internal policies • Partners closely with External and Internal Audit teams to ensure control compliance • Manages third-party vendor relationships and reviews deliverables • Position to evolve into overseeing, developing, and managing a team that supports and operationalizes the Pricing and Contracting initiatives for the organization

🎯 Requirements

• BA/BS in related field, or equivalent experience; MBA preferred • 8+ years in the pharmaceutical industry; 5+ years in biosimilar or managed market leadership role strongly preferred • 8+ years of experience in government pricing, commercial contracting, and gross-to-net support • Advanced level of understanding of the US healthcare systems including organization, reimbursement, formulary strategy, decision making and emerging trends • Strong financial modeling skills; fluency in GTN and rebate structures • Hands-on experience with GPO contracting, PBM formulary strategy, and pay or negotiations strongly preferred • Ability to analyze/interpret contract language and identify risks to the company • Flexibility to work in a fast-paced environment with multiple demands with a high level of initiative and independence • Ability to work cross-functionally within areas such as Accounting, Commercial Analytics, Compliance, Finance, Government Affairs, IT, Legal, Market Access, and Trade • Strong problem-solving skills and the ability to analyze and reconcile contracts and financial data • Excellent organizational skills with a strong attention to detail • Motivated self-starter with the ability to think strategically and work independently • Proficiency in Microsoft Office • Professional, proactive demeanor • Strong interpersonal skills • Excellent written and verbal communication skills.

🏖️ Benefits

• Competitive pay and medical, dental, and vision insurance • Flexible spending accounts • Long- and short-term disability insurance, as well as life insurance • 401(k) plan with match • Competitive PTO and company-paid holidays • Paid parental leave (maternity & paternity) • Employee assistance program • Onsite gym