🌟 Remote Director of Pricing - Englewood Cliffs, NJ | $185k - $205k 🌟
About the Role
This is an exciting opportunity to join our company as a Remote Director of Pricing. You'll be responsible for leading the development and execution of strategic pricing initiatives that drive profitability and support the expansion of our US and global product portfolio. This role is all about using data and insights to make smart pricing decisions that benefit our business.
What You'll Do
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🧠 Analyze and interpret data related to ASP/WACS and reimbursement models to identify trends and risks that inform strategic pricing decisions.
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🤝 Collaborate with key departments like marketing, finance, planning, logistics, and sales to ensure alignment of pricing strategies with overall business goals.
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📈 Optimize agency-related costs including distributor fees, rebates, and government pricing programs to improve the gap between gross and net sales.
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🕵️♀️ Conduct comprehensive competitor analysis to understand market dynamics and competitive advantages.
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📊 Design and implement a strategic pricing framework across all product lines, balancing competitive factors with profitability goals.
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🎯 Lead the development and maintenance of an internal pricing system that centralizes pricing data and makes it easier to update strategies.
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🚀 Continuously refine and optimize pricing strategies based on market conditions, sales objectives, product lifecycle stages, and customer segmentation.
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🤝 Partner with logistics and forecasting teams to ensure product shipments are aligned with forecasts and strategic objectives.
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📈 Perform profitability analyses for each product to inform pricing decisions and predict their impact on overall business performance.
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🗣️ Serve as the primary point of contact for all pricing-related matters, offering strategic guidance and fostering cross-functional collaboration.
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👨🏫 Provide leadership and oversight to the Analyst position, including performance management, feedback, and professional development.
What You'll Need
- 🎓 Bachelor's degree required; an advanced degree is preferred.
- 💪 At least 10 years of experience in the pharmaceutical industry.
- 🧠 Recent experience in pricing strategy is highly desirable.
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🏆 Proven track record in developing pricing strategies, building pricing models, conducting profitability analyses, and performing competitor analysis.
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🧠 Strong analytical and strategic thinking capabilities with the ability to innovate and thrive in a fast-paced environment.
- 💻 Ability to work remotely with an in-office presence 2 days per month.
Job Category: Healthcare