Manager, Pricing and Offer Development

Job Description:

As a privately-owned, biopharmaceutical company, Ferring pioneers and delivers life-changing therapies that help people build families and live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while remaining agile and true to our ‘people first’ philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world’s oldest enemy: disease.  

The Manager, Pricing and Offer Development will take responsibility for operational pricing activities on a daily basis through evaluation of global pricing impacts of new product launches and post launch price changes; effective analysis and communication of global external changes that could impact pricing of Ferring products.

Responsibilities:

• Analysis of pricing structures of various Market access contracts and business arrangements utilized to make informed decisions on eventual offers given to customers.

• Scope may span i) compounds in development (early pricing, reimbursement and market access assessments for pipeline decisions to build optimal product value propositions), launched / in-line products and late lifecycle products and ii) Support valuation of business development, L&A deals by providing pricing and reimbursement assumptions and liaise with rest of the US Market Access team for broader payer / market access inputs. iii) Current marketed & non-marketed products, providing guidance on all gross-to-net drivers including List price, discount programs (patient and health care organization), & managed care.

• Understand the financial goals and plans of  each Business Units as well as the pricing committee guidelines and ensure that each business partnership is reflecting of those goals and guidelines.

• Identify impact to product and company business objectives of legislative and policy changes. Recommend Pricing and Contracting action / response.

• Develop and perform ad hoc analyses to track and measure various pricing programs (i.e. LOAs, coupon programs, etc).

• Clearly communicate to senior executives on special topics around pricing and pricing programs.

• Ensure a smooth process exists between the market access field teams and strategic pricing so as to ensure an efficient and effective offer development and proposal process.

Requirements:

• Bachelor’s degree in Finance or other critical thinking major; advanced business degree (MBA) preferred.

• 7+ years’ experience in the US pharmaceutical industry with an emphasis in pricing, finance, marketing, market access or strategic/product functions.

• Minimum of 2 years in (bio) pharmaceuticals pricing and contracting strategy; experience in contract development and direct interactions / negotiations with variety of payer models highly desirable.

• Clear understanding of health economics and outcomes research, financial analysis and Government affairs / policy.

• Understands and utilizes economic, financial, policy changes and market data to accurately diagnose business strengths and weaknesses, as well as able to analyze and act on threats and business opportunities

• Proficient computer skills: Word, Excel, Lotus Notes, Power Point, etc.

Ferring + you    

At Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and equitable, and the chance to work with the industry’s most impressive people, these are just some of the ways we live our "People First" philosophy.    

Our Compensation and Benefits   

At Ferring, base salary is one part of our competitive total compensation and benefits package and is determined using a salary range. The base salary range for this role is $95,000.00 to $145,000.00, which is the reasonable estimate of the base compensation for this role. The actual amount paid may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities, education and primary work location.

Benefits for this role include comprehensive healthcare (medical, dental, and vision) with a premium differential, inverse to base salary, to be paid by employees, a 401k plan and company match, short and long-term disability coverage, basic life insurance, wellness benefits, reimbursement for certain tuition expenses, sick time of 1 hour per 30 hours worked, vacation time for full time employees to accrue up to 120 hours in the first four (4) years of employment, and 160 hours in the fifth (5th) year of employment as well as 20 paid holidays per year. We are proud to offer paid parental leave subject to a minimum period of employment at Ferring. 

Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.   

Join our team and your voice will be heard, and your contributions will be valued. If you love to come up with new ways to make a positive difference and see them through, you will fit right in.    

We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We maintain a drug-free workplace. 

Location: