Johnson & Johnson MedTech · 2 days ago
Director, Pricing Strategy - Neuroscience VAP (Value Access & Pricing)
Titusville, NJ
Full-time
Onsite
Director/Executive
$150K/yr - $259K/yr
10+ years expJohnson & Johnson MedTech is dedicated to healthcare innovation and is seeking a Director of Pricing Strategy for its Neuroscience team. This role involves developing and implementing pricing strategies for the neuroscience portfolio while collaborating with various stakeholders to ensure alignment and effectiveness of pricing strategies.
Hospital & Health Care
Responsibilities
Responsible for the development and implementation of brand pricing strategies for the neuroscience portfolio
Serves as a brand pricing lead by synthesizing customer, industry and competitive insights and intelligence to guide in developing channel and franchise pricing strategies
Proven strategic thinker, taking concepts to fruition/implementation
Ensures awareness of price as key component of the marketing mix at the gross and net level
Effectively work with all key stakeholders to drive alignment on the pricing strategies and how they impact business
Leads CPC (Contracting and Pricing Committee) discussions regarding pricing strategies with Legal, Finance, Contracting Administration, HCS, HCC (Healthcare Compliance) and other key stakeholders
Develops contract strategy dashboards tracking pricing strategies and business impact
Proactively conducts competitive analysis and evaluate the changing marketplace and proactively make recommendations on pricing strategies and presents to Senior Management
Develops product value offerings to capitalize on product efficacy and other competitive attributes in lieu of discounts and rebates
Understands and articulates the impact of price changes on Gross to Net sales as well as patient out-of-pocket spend
Works with Finance Pricing, VP VAP & Sr. Dir VAP Neuroscience on list price actions, price management & information
Acts as a pricing strategy lead on customer contract negotiations and discussions
Support new business teams as an expert providing pricing insights to deal analysis
Develop Innovative Pricing Strategies and programs to insure patient and provider access at a reasonable Gross to Net
Leads direct/indirect reports and develops them for future position
Qualification
Required
Bachelor's degree in Finance, Marketing or other critical thinking major
10 or more years of work experience in the pharmaceutical/healthcare industry
Solid knowledge of US payers, GPOs and US reimbursement and access landscape, price regulations/reporting as well as state reporting requirements
Ability to lead/influence others collaboratively; this includes account management, brand management, strategic planning, legal, finance, HCC and other key stakeholders
Ability to influence large/diverse teams without direct authority
Ability to develop internal/external collaborations and build positive, constructive relationships across all levels and disciplines
This position is based in Titusville, NJ and may require some limited travel
Preferred
advanced business degree (MBA) or CPA
Emphasis in finance, market access, marketing or strategic/product functions
Experience in pricing or contracting or account management
Strong understanding of reimbursement/payment models and customer structures
Strong financial or marketing background
Prior experience managing people
Benefits
Employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k))
This position is eligible to participate in the Company’s long-term incentive program
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year
Company
Johnson & Johnson MedTech
At Johnson & Johnson MedTech, we are working to solve the world’s most pressing healthcare challenges through innovations at the intersection of biology and technology.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Mike Walker
CFO & VP of Finance DePuy Synthes
Tino Schweighoefer, MBA
CFO Monarch Platform
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