Teva Pharmaceuticals · 22 hours ago
Associate Director, Government Pricing
Parsippany, NJ
Full-time
Onsite
Senior Level, Lead/Staff, Director/Executive
$155K/yr - $193K/yr
7+ years expTeva Pharmaceuticals is a leading innovative biopharmaceutical company dedicated to addressing patients' needs. The Associate Director, Government Pricing will act as a subject matter expert on price calculations and government legislation, while consulting with business units on pricing strategies and ensuring compliance with pricing policies.
BiopharmaHealth CareMedicalPharmaceutical
Responsibilities
Consult with business units to stay current on current contract terms, pricing strategies, and proposals for promoted brands & biosimilars. Calculate and communicate financial impacts related to gov’t price changes on Teva’s brands/biosimilars. Modeling may be required to offer insight into the impacts of audit findings, proposed pricing actions, legislative/policy changes, customer Class of Trade changes, etc. – GP Financial Impacts
Forecast and communicate projected AMP, Best Price, CPI penalty, and the Federal URA for all promoted brand/biosimilar products. Provide expertise and guidance on Medicaid URA and PHS/Apexus pricing. – Forecasting
Review existing and newly released CMS and VA communications on pharmaceutical pricing. Partner with counsel to communicate shifts in guidance to GP’s internal business partners. Periodically attend Pricing and Contracting training and industry meetings to stay current on regulatory requirements, Medicaid and Federal pricing regulations, and legislation impacting pharmaceutical pricing. – Legislative Policy Review
Evaluate financial impacts of proposed Price Protection language on Managed Care contracts. Manage Price Protection modeling efforts to support rebate invoice verification, GTN forecasting, and Brand Pricing analyses. – Price Protection
Manage Teva’s pricing policies and reasonable assumption documents. Gain alignment with other members of GP, and update policy filters, as needed, in Model N to ensure gov’t price calculations perform as required. Secure proper approvals in advance of changes. – GP Policy Filters
Qualification
Required
Bachelor's Degree required; Focus in Mathematics, Finance, or related business discipline highly preferred; MBA preferred
Minimum 7 years of progressive experience in the pharmaceutical industry
Minimum 3 years of experience within government pricing
Demonstrated broad knowledge of the pharmaceutical industry
Strong understanding of the regulatory requirements as it pertains to contracting, third-party payers, and the government pricing environment
Knowledge of U.S. Government pricing statutes and regulations including knowledge of OBRA 90, OBRA 93, Deficit Reduction Act, VA Healthcare Act, the Medicare Modernization Act, the Patient Protection and Affordable Care Act, and the Inflation Reduction Act
Strong financial analysis skills including extensive familiarity with Microsoft Excel
Ability to prepare and present results to senior management
Strong interpersonal skills with ability to collaborate across business units and functional areas
Excellent attention to detail, as well as organizational, planning, and written/verbal communication skills
Preferred
Pharmaceutical brand pricing/contracting experience
Forecasting and predictive modeling experience, within government pricing is a plus
Benefits
Generous annual leave
Reward plans
Flexible working schedules (dependent on role)
Access to tailored health support
Meaningful ways to give back to the community
Company
Teva Pharmaceuticals
Teva Pharmaceuticals is a pharmaceutical company that develops generic and innovative medicines.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$5.51BKey Investors
Royalty PharmaBerkshire Hathaway
2026-01-11Post Ipo Equity· $500M
2025-05-20Post Ipo Debt· $2.3B
2023-11-13Post Ipo Equity· $100M
Leadership Team
Dipankar Bhattacharjee
President & CEO: Generics Europe
Richard Francis
President and Chief Executive Officer
Recent News
2026-01-17
2026-01-14
2026-01-14
Company data provided by crunchbase