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Bausch Health is a global company that develops, manufactures, and markets a differentiated product portfolio across multiple high-growth therapeutic areas including Gastroenterology, Generics, Neurology, Ortho Dermatologics, Medical Aesthetics and Dentistry. We are delivering on our commitments as we build an innovative company dedicated to advancing global health. Each day, Bausch Health products are used by over 150 million people around the world.

Our approximately 7,000 employees are united around our mission of improving people’s lives with our health care products.

The Director/Senior Director, Strategic Pricing will lead the creation and execution of pricing and contracting strategies for in-line and launch products, as well as serve as a key player to analyze the potential impact of and recommend mitigation strategies for any Federal policy changes impacting pharmaceutical pricing. This role will require a strong understanding of the current healthcare ecosystem with extra focus on financial implications to all stakeholders. The role will collaborate actively with Market Access Leadership, Account Management, Brand Leadership, Trade & Channel Strategy, and Finance to determine the appropriate pricing strategies to put into the market as well as KPIs and approach to measurement of effectiveness.

Responsibilities:

  • Execute strategic contracting options to optimize the net profitability of individual brands and the portfolio of company products across all market segments. Ensure that strategies are integrated into and aligned with brand profitability objectives.
  • Lead the collaboration with brand teams and key cross-functional stakeholders to create product specific pricing and contracting strategies and manage all activities relating to senior management approval and tactical implementation of these strategies.
  • Monitor the success of pricing and contracting strategies through defined performance measurement techniques and adapt strategies as needed.
  • Develop strong relationships with counterparts in account management, brand, business development and life cycle management, and other cross-functional stakeholders.
  • Develop presentations for leadership review and guide the preparation of requisite financial documentation to achieve cross company approval of strategic pricing and contracting decisions.
  • Evaluate Federal policy changes related to Medicare, Medicaid, 340B and any other areas impacting pharmaceutical pricing.
  • Ensure compliance with all governmental regulations, state and federal laws, and Bausch Health policies and procedures.

Qualifications:

  • Bachelor’s degree in Finance, Economics, or other critical thinking major; advanced business degree (MBA) or CPA preferred.
  • 10+ year’s experience in the US pharmaceutical industry with an emphasis in finance or strategic/product functions with a minimum of 7 years in pricing or contracting strongly preferred; experience in contract negotiation, contract development, or account management desirable.
  • Clear, implementable understanding of health economics, financial analysis and return on investment.
  • Understanding of Government pricing calculations strongly preferred.
  • Applies appropriate interpersonal styles and communications methods to influence and build effective relationships with business partners (e.g., peers, functional partners, external vendors and alliance partners).
  • Analyzes and uses qualitative and quantitative data and incorporates understanding into decision criteria.
  • Able to effectively manage competing priorities with strong sense of urgency.
  • Understands and utilizes economic, financial, and industrial data to accurately diagnose business strengths and weaknesses, as well as able to analyze and act on threats and business opportunities.

Benefits package includes a Comprehensive Medical (includes Prescription Drug), Dental, Vision, Health Savings Account with company contribution, Flexible Spending Accounts, 401(k) matching, 3-weeks paid time off plus 6 days paid sick time (unless a state or city-specific policy applies) to start (pro-rated for new hires), Employee Stock Purchase Plan, tuition reimbursement, parental leave, short-term disability, long-term disability, life insurance, accidental death & dismemberment insurance, 12 paid holidays (including floating holidays), Employee Assistance Plan, commuter benefit, recognition awards, voluntary benefits (including Identity Theft, Student Loan and Breast Milk Shipping), employee referral bonuses and employee discounts.

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This position may be available in the following location(s): US - Bridgewater, NJ

Bausch Health Companies Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates collaboration.

If a candidate needs a reasonable accommodation/adjustment due to physical or mental health impairment for any part of the application process, they are encouraged to send their request to humanresources@bauschhealth.com or call 908-927-1400 and let us know the nature of the request and their contact information. Please be sure to include the job requisition number.

Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.

To learn more please read Bausch Health's Job Offer Fraud Statement.

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Confirmed 21 hours ago. Posted 30+ days ago.

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