Vertex · 1 month ago
Senior Manager Managed Markets and Gross to Net Analytics
Boston, MA
Full-time
Hybrid
Senior Level
$136K/yr - $204K/yr
6+ years expVertex Pharmaceuticals Inc. is seeking a Senior Manager to join their Managed Markets Operations team during a period of growth. This role involves leading the gross-to-net analytics and forecasting processes, conducting complex analyses, and collaborating with multiple departments to provide insights on pricing and payer dynamics.
Computer Software
Responsibilities
Drive GTN Close and Forecast processes and analyze, explain, and meaningfully summarize gross to net variances by channel and segment
Prepare monthly GTN forecast by leveraging excel models and conducting secondary data analytics
Lead monthly GTN review meetings with US Finance leadership with a focus on disseminating key variance drivers. Integrate and analyze relevant pricing and utilization data to inform trends and forecast adjustment recommendations to senior leadership in the form of standard reports or business cases
In support of long-range planning and annual corporate net revenue and budget processes, provide strategic oversight and ensure accuracy of modeling assumptions, trend analyses and forecast recommendations related to payer mix and gross-to-net
Lead coordination with Accounting, BICO, Finance, Global Market Access, Government/Public Affairs and Managed Markets leadership to gain alignment on assumptions and inputs
Provide timely analyses of potential statutory and regulatory changes the Vertex’s business (e.g. MFN, value-based arrangements, multiple Best Prices etc.)
Development of a bi-annual industry price increase report that highlights key pricing trend tracking across different segments and product classes in the biopharma industry
Serve as a subject matter expert on trends related to key drivers of gross-to-net through proactive analysis of various data sources, industry publications and engagement of internal/external stakeholders
Responsible for analyzing and creating presentations for senior and executive management that summarize trends, forecasts and potential financial impact of new and pending state and federal policies, pricing scenarios and payer mix
Generate new ideas for business analytics that add value by deepening the company’s understanding of key payer/channel/pricing trends and the impact on Vertex
Qualification
Required
A Bachelor's degree (Masters' Degree in Finance, Business, Public Policy or Data Science preferred)
6+ years of experience in the pharmaceutical or biotech industry with focus on business analytics and forecasting is required
Ability to mine data to identify trends
Exceptional in conducting complex data analytics, attention to detail and technical data skills
Ability to synthesize complex business questions and perform quantitative analysis to identify implications
Expert modeling skills with advanced proficiency in Microsoft Excel and PowerPoint required
Ability to communicate confidently and clearly to senior leaders on multifaceted market access and pricing drivers, including excellent written and verbal communication skills
Ability to shift gears and pivot when necessary; has a flexible mind-set and willingness to adapt and learn
Ability to manage complexity and ambiguity in a highly matrixed environment
Demonstrated business acumen and ability to lead initiatives with project management skills that facilitates collaboration across multiple functional areas
The candidate will proactively deliver advanced analyses and insights to support current and projected commercial products performance
Experience with pharma and managed markets data sources (including 867 data, chargebacks, rebates, IQVIA, Symphony Health, MMIT & DRG Managed Markets)
Self-motivated and ability to thrive in a fast paced, entrepreneurial environment
Preferred
Working understanding of statutory government pricing methodologies (AMP, BP, 340B, NonFAMP etc.)
Strong understanding of the US payer and trade landscape
An entrepreneurial spirit and ability to proactively develop creative solutions to complex problems
Knowledge of SQL and other advanced analytics tools/software such as SAS (SAS Base) or any other scripting language such as Python will be a plus
Knowledge and/or user experience in financial systems is a plus (Oracle, Hyperion etc.)
Benefits
Medical, dental and vision benefits
Generous paid time off (including a week-long company shutdown in the Summer and the Winter)
Educational assistance programs including student loan repayment
A generous commuting subsidy
Matching charitable donations
401(k)
Company
Vertex
Vendor intelligence that combs through your supplier, manufacturer, logistics data to detect where you're leaving money on the table.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase