Pricing and Policy Insights Manager

Novo Nordisk AS

Plainsboro, NJ

JOB DETAILS
SALARY
$99,600–$184,200 Per Year
SKILLS
ARP (Address Resolution Protocol), Accounting, Analysis Skills, Biotech and Pharmaceutical, Brand Marketing (Branding), Business Solutions, Business Support, Channel Strategies, Chronic Disease, Compensation Management, Consulting, Detail Oriented, Disease, Employee Assistance Plan, Establish Priorities, Financial Analysis, Financial Modeling, Financial Operations, Financial Reporting, Financial Risk, Financial Strategy, Forecasting, Government, Healthcare, International Business, Investor Relations, Leadership, Legal, Microsoft Access Database, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, People Management, Policy Analysis, Portfolio Analysis, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Product Pricing, Profit & Loss, Profit & Loss Analysis, Public Affairs, Public Policy, Public/Media/Press/Analyst Relations, Qualitative Analysis, Quantitative Analysis, Regulations, Regulatory Compliance, Resource Management, Risk Analysis, Risk Modeling, Safety/Work Safety, Sales Management, Strategic Analysis, Strategic Planning, Supply Chain Management, Technical Support, Value Chain Model, Willing to Travel
LOCATION
Plainsboro, NJ
POSTED
30+ days ago

About the Department

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures were constantly building future capabilities. Were responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?

The Position

This position is responsible for monitoring and assessing the on-going healthcare reform changes, PhaRMA and industry responses, and state-level transparency initiatives. This includes proactively identifying risk, financial modeling, providing findings and key insights to leadership, and supporting strategy development.

Relationships

Reports to Director, Pricing & Policy Insights. Works and partners closely with other team members in Pricing Insights; Public Affairs - Policy; Government Pricing & Compliance; Strategy and Innovation; Market Access; Investor Relations; Finance; Brand Marketing; Other Novo Nordisk internal departments such as Legal, Sales, etc. External relationships include field Account Executives and Directors, Novo Nordisk AS, professional associations, vendors, and customers.

Essential Functions

  • Evaluates Healthcare Reform/legislative changes from both a financial and strategic perspective
  • Strategic partner with PA - Policy team to stay up to date on federal policy changes and help guide the thinking on prioritization & recommendation on potential legislative changes
  • Strategic partner with legal/compliance to stay up to date on state level policy changes
  • Demonstrates an advanced understanding of legislative and regulatory mandates impacting pharmaceutical net price evolution and federal market access.
  • Experience collaborating within a global matrix environment, with a foundational understanding of ex-US market access and pricing frameworks is a plus
  • Drive organizational awareness and understanding of political environment & financial risk
  • Assists in preparing any pricing/policy related analysis for investor relations questions as well as investor roadshows
  • Collaborates with government pricing team to provide inputs in order to assess all potential pricing changes on government calculations (e.g. URA, 340B)
  • Analyzes the impact on pricing decisions on ARP/profitability and provides guidance to key stakeholder
  • Partner with Strategy & Innovation to provide pricing analytics/insights for strategy evaluation & guidance on future outlook
  • Owns analysis for Risk Report and investor relations document
  • Serve as a key lead with legal & compliance on various workgroups
  • Develops scenario impact models on pricing and profitability within key channels.
  • Develops presentations for senior management (StC, Pricing Committee, etc)
  • Serve as key point with legal on congressional inquiries along with any additional pricing and policy related legal requests
  • Supports business and analytical expertise in the development of tools and methods that will result in more accurate customer profitability assessment and decision-making.
  • Provides ad hoc analyses as required

Physical Requirements

0-10% overnight travel required.

Qualifications

  • Bachelors degree required. Advanced degree preferred
  • Requires a minimum of 5 years of progressively responsible, relevant experience (pricing, contracting, forecasting, consulting, portfolio analysis, policy analytics, and/or finance and reporting); At least 2 years within the pharmaceutical industry preferred
  • A strong level of analytical, quantitative, and qualitative analysis skills
  • Ability to deliver message and presentations in a clear, confident manner
  • Demonstrated leadership skills. Demonstrates an ability to manage and influence to ensure business objectives are met
  • Ability to function in a project leadership role
  • Ability to interact and manage multiple internal relationships at all levels of the business
  • Attention to detail with an ability and readiness to delve into and resolve data problem
  • Advanced proficiency in Microsoft Excel, Access, PowerPoint, Word, and other key platforms

The base compensation range for this position is $99,600 to $184,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the positions level or other company factors.

Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk, were not chasing quick fixes - were creating lasting change for long-term health. For over 100 years, weve been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of whats possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, were making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger - a legacy of impact that reaches far beyond today.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

About the Company

N

Novo Nordisk AS

Working at Novo Nordisk

 

Life-changing careers

Starting a career at Novo Nordisk is more than getting a job. It is an opportunity to improve the lives of millions of people living with a serious chronic disease.

Whether you are a part of supplying insulin for patients around the world, discovering the next breakthrough at one of our state-of-the-art research centres, working with us is truly life-changing.

 

We are inspired by life

We are a proud life-science company on a mission to ensure that people living with a chronic disease can live a full life. Millions rely on us.

We’re inspired by life in all its forms and shapes, ups and downs, opportunities and challenges. From our colleagues in the lab, working to change lives through pioneering break-through treatments, to our colleagues putting sustainability at the core of our processes and working to prolong the life of our planet, this mission to improve lives is at the core of our every action.

 

Together we drive change

Change is a constant — change in lifestyle, change in technology, change all over. At Novo Nordisk, we don’t wait for change. We drive it.

We’re a dynamic company in an even more dynamic industry, and we know that what got us to where we are today is not necessarily what will make us successful in the future.

That’s why we continuously push to improve the way we work and the lives of the patients we serve, creating innovative solutions that fit the way people want to live. To accomplish this, we embrace a spirit of open-mindedness and experimentation, striving for excellence without fixating on perfection.

 

Together, we are life-changing

Our company is our people. We know that life is anything but linear and balancing what is important at different stages of our career is never easy. That’s why we make room for diverse life situations, always putting people first. We want to ensure that every employee can achieve a work-life balance that supports their current priorities and where they want to go next.

 

Your development starts here

We value our employees for the unique skills, backgrounds and perspectives they bring to the table. We work continuously to help bring out the best in all of our people, offering opportunities for development and creating an environment of mobility within the company. We strive to offer a workplace that’s great to be in and to be from.

It is very important to us that anyone working with us feels empowered as an employee and as a person. We all should have the opportunity to act fast, make decisions and be agile. 

With a career at our company, you will feel a difference right from the start. A sense of inspiration that comes from a shared belief in driving positive change for people, families and communities everywhere, and it’s a collective effort. We rely on the joint potential and collaboration of our more than 45,000 employees.

In the video above, meet  Marie Darting, one of our scientists, and hear more about her work as a formulation scientist, her perspective on development plans and the impact she feels her work has on people living with a chronic disease.

 

Who we are

We were founded in 1923 and today we are a global healthcare company headquartered just outside Copenhagen, Denmark.

Our purpose is to drive change to defeat diabetes and other serious chronic diseases, such as obesity and rare blood and endocrine disorders. We do so by pioneering  scientific breakthroughs, expanding  access to our medicines , and working to prevent and ultimately cure diabetes.

With almost 100 years of experience, one of the broadest diabetes product portfolios in the healthcare industry, as well as an award-winning pipeline of innovative products, our success is built on our company values – the Novo Nordisk Way.

COMPANY SIZE
2,500 to 4,999 employees
INDUSTRY
Biotechnology/Pharmaceuticals
FOUNDED
1923
WEBSITE
https://www.novonordisk.com/