We are the makers of possible
BD is one of the largest global medical technology companies in the world. Advancing the world of health™ is our Purpose, and it’s no small feat. It takes the imagination and passion of all of us—from design and engineering to the manufacturing and marketing of our billions of MedTech products per year—to look at the impossible and find transformative solutions that turn dreams into possibilities.
We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you’ll be supported to learn, grow and become your best self. Become a maker of possible with us.
The Senior Director of Strategic Pricing & Market Insights is responsible for driving revenue and margin growth of >$11B in combined US Region product and services, and other US Region objectives through comprehensive commercial and strategic support. The position will provide strategic support to the US Region overall and work in partnership with Global Marketing and all of the respective business units across US Region to ensure short and long-term growth objectives are achieved.
Specifically, this role will be responsible for COE development & execution against our US Region pricing strategy and centralized market data & insights to support overall commercial effectiveness as well as provide managerial & strategic oversight to our Strategic Pricing & Market Insights team. Plus, this leader will partner with our US Region CFO to support our monthly Regional Pricing Council as well as work to publish standardized monthly updates
Strategic Pricing
Serves as the US Region lead responsible for activating US Region strategic pricing and technology plan
Develop operating model to drive process rigor including standardized US Region Management Approval Matrix (MAM) and price setting
Collaborate with Finance and USR to manage and optimize rebates and incentives to support net price goals and maintain control of 3-year price waterwall
Support overall pricing and contracting strategy including determination of potential non-GPO award categories
Standardize metrics and analysis including determination of PowerBI and Vendavo implementation
Support competency development across both sales and Marketing to enable successful execution & negotiation
Execute complex analysis utilizing large or novel data sets to support US Region and business units
Perform routine data analysis and draw insights from hypothesis-based investigation
Partner with USR Channel Protection team to support proactive and reactive grey market / diversion prevention and recovery
Market Data & Insights
Develop multi-year analytics vision and operational plan to support business growth needs and embed insights excellence into the US Region commercial team
Produce all reporting dashboards, tracking leading and lagging indicators to support the regional (directly) key performance indicators; provide Ad-hoc reporting to the marketing and sales functions, and key business partners
Develop single source of truth market data model (i.e. Strata GHX, IMS) to support business planning and business operations
Partner w/TGS to develop next generation market sensing model to support actionable insights and related to customer buying trends across all channels of business; includes system requirements and automation broadly
Collaboration and partnership with all BUs to represent BU needs/ requirements and maximize division of labor and responsibilities
General Management
Effectively partner and collaborate as needed to drive key strategic and tactical initiatives.
Manage and optimize expense budgets to achieve business goals and objectives.
Effectively lead talent management efforts to ensure capabilities are in place to execute strategies.
Adhere to all company policies, procedures and business ethics codes and ensures that they are communicated and implemented within the team.
Education / Experience:
A minimum of 15 years of relevant general management, marketing and or sales experience in medical device and/or Life Science market is required.
Bachelor’s degree with emphasis in Economics, Math, Statistics or Finance; MBA or MS preferred
5 or more years of relevant pricing experience in a complex commercial organization, with demonstrated leadership
Financial acumen and experience with developing financial models to assess impact of pricing strategies and market dynamics
Strong analytical and strategic thinking skills; ability to interpret and synthesize large amounts of data from multiple sources into meaningful, action-oriented recommendations
Experience in negotiating, executing, and implementing contracts
Knowledge of CLM, CPQ, Vistex, Qlik, and Vendavo are a plus
Track record of achievement in delivering large and/or multiple projects and influencing business outcomes.
Demonstrated ability to develop and implement commercial strategies, and convert these into tactical plans, delivering results.
Solid business acumen and knowledge of clinical market environment.
Sound decision making capabilities and the ability to make decisions, even in absence of consensus when necessary.
Creative out-of-the-box thinker who is intellectually curious, stays current on new trends, and takes calculated risks with novel ideas.
Excellent presentation and communication skills for a wide variety of audiences.
Excellent interpersonal skills and ability to develop strong relationships with key opinion leaders, customers, advisory boards, and potential or existing business partners.
Strong leadership skills with an ability to set a vision, lead change and to motivate others.
Strong organizational skills and ability to meet tight deadlines in an environment of competing priorities. Ability to routinely work on multiple tasks with multiple people while effectively prioritizing.
Strong leadership presence with ability to utilize organizational channels, experience and influencing skills to effectively negotiate and persuade others
A career at BD means being part of a team that values your opinions and contributions and that encourages you to bring your authentic self to work. It’s also a place where we help each other be great, we do what’s right, we hold each other accountable, and learn and improve every day.
You will learn and work alongside inspirational leaders and colleagues who are equally passionate and committed to fostering an inclusive, growth-centered, and rewarding culture. You will have the opportunity to help shape the trajectory of BD while leaving a legacy at the same time. And through the organization’s investment in BD University, you will continually level up your tech skills and expertise.
To find purpose in the possibilities, we need people who can see the bigger picture, who understand the human story that underpins everything we do. We welcome people with the imagination and drive to help us reinvent the future of health. At BD, you’ll discover a culture in which you can learn, grow and thrive. And find satisfaction in doing your part to make the world a better place.
Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other legally-protected status.
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Looking for a dynamic and strategic opportunity? BD, one of the largest global medical technology companies, is seeking a Senior Director, Strategic Pricing & Market Insights Leader to join our team in Franklin Lakes, NJ. In this pivotal role, you'll be at the forefront of driving revenue and margin growth exceeding $11B for our diverse product and services portfolio. You'll collaborate with Global Marketing and various business units, ensuring that we meet our short and long-term growth objectives. You'll lead the charge in developing and executing our U.S. Region pricing strategy and market insights, making sure our processes are standardized and data-driven. Imagine utilizing your expertise to optimize rebates, incentives, and price goals while also overseeing our Strategic Pricing & Market Insights team. It's a great opportunity to make a real impact while tapping into your analytical skills to translate complex data into actionable insights. You’ll work closely with the finance team and various channels to not just react, but proactively prevent market issues. We value your experience; we’re looking for someone who has at least 15 years in general management or marketing within the medical device or life sciences sectors. If you have a knack for building strong relationships and can motivate a team to meet challenging goals, BD offers the right environment for you to thrive. Join us to learn, grow, and shape the future of health while working in a supportive and impactful culture. We can’t wait for you to be a part of the BD family.
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