ConnectiveRx · 1 day ago
SVP, Strategic Pricing and Procurement
Whippany, NJ
Full-time
Onsite
Director/Executive
$254K/yr - $321K/yr
15+ years expConnectiveRx is dedicated to simplifying the prescription process for patients. The Senior Vice President of Strategic Pricing and Procurement will analyze and manage pricing strategies to enhance profitability and drive growth, collaborating with various teams to implement effective solutions.
Health CareHospital
Responsibilities
Leads projects to develop strategies, analytics, tools, and processes that enable the organization to grow operating margins by driving improvement to pricing and revenue management practices
Leads Pricing Committee to ensure proper review, alignment, and approval of qualified opportunities
Develops and implements a standard pricing system. On-going contract review and administration to identify non-standard pricing
Establishes and implements a framework for measuring pricing execution, including pricing waterfalls, quarterly pricing metrics and market analysis
Directs and reviews quantitative and statistical studies, e.g., correlation, regression, predictive analysis, that evaluate critical areas for improvement, including price setting, price governance and compliance, and alignment with channels and customer segment strategies
Communicates recommendations and value created from implementation of strategies to EMT
Build strategic working relationships with key team members in Sales, Finance, Product, Technology, and Operations to ensure a shared understanding of customer behavior, category strategies, financial and marketing levers, as well as other key business drivers as input to price strategy
Other duties as assigned
Maintains an understanding of industry and market trends, as well as regulatory updates
Ensures all solutions are pursued and implemented employing optimal change management practices
Builds high-performing teams as needed to support process changes
Works closely with the FP&A team on client and service line profitability and Ad-hoc responsibilities
Qualification
Required
B.S. degree in Finance or related discipline (accounting, statistics, math, economics) required
15+ years professional experience in pricing, financial analysis, economics, or revenue optimization
Proven capabilities involving pricing concepts, such as price elasticity, transaction profitability assessment, margin and revenue analysis, price band analysis, and price waterfall analysis
Leverage procurement expertise to negotiate competitive pricing and contract terms, driving cost savings and maximizing value for the company
Advanced Excel and Microsoft Office skills required
Ability to analyze cost of goods as it relates to internal services and external vendors to identify gross margin and financial impact
Dynamic team leader who can mentor team to improve performance, streamline processes and guide them towards effective solutions
Excellent communication skills and experience working closely with EMT, SMT and customers
Excellent interpersonal skills, with the ability to work successfully across multiple functions
Entrepreneurial with a self-starting personality; ability to prioritize and manage multiple responsibilities simultaneously
Ability and inclination to roll up sleeves and dig in
Detail-oriented; process-oriented, but able to function effectively in an unstructured situation or environment
Ability to assess and understand issues at both the macro and micro levels; able to move between those extremes
Results-oriented with a sense of urgency
Very strong drive, dedication, and work ethic
Extremely team-oriented with the ability to contribute
Dedicated to coaching and career development of team personnel
An open communicator, inquisitive and not afraid to challenge when appropriate
Travel required
Adhere to all Company Policies, Procedures, and other training consistent with ConnectiveRx's Information Security and Compliance Programs, including but not limited to the following compliances and regulations: SOC1, SOC2, PCI, HIPAA
Maintain strict compliance with company and client policies regarding business rules and ethics, as well as applicable local, state and national federal laws
Preferred
Experience in the pharmaceutical or healthcare industry strongly preferred
Benefits
Employees at ConnectiveRx can access comprehensive benefits, including medical, dental, vision, life, and disability insurance.
Employees may also participate in the company’s 401(k) plan, with employer contributions where applicable.
ConnectiveRx provides a flexible paid time off (PTO) policy for exempt employees, covering sick days, personal days, and vacations.
Employees also receive eight standard company holidays and three floating holidays annually, with prorations applied in the first year.
Company
ConnectiveRx
ConnectiveRx delivers affordability and adherence messaging solutions through all stages of the patient’s medication journey to help them.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Genstar Capital
2020-03-10Private Equity
Leadership Team
Harry Totonis
Chairman and Chief Executive Officer
Recent News
Morningstar.com
2025-10-23
2025-09-04
Company data provided by crunchbase