Director, Global Pricing (Flexible location Dublin/London)

BioMarin Pharmaceutical Inc.; London; Hybrid; GBP 90,000 - 140,000; Full time

Job summary

A leading biotechnology company is seeking a Director of Global Pricing to drive pricing strategies and analyses supporting product pricing decisions. The role involves collaboration with global and local teams, overseeing pricing operations, and managing pricing research studies to ensure robust pricing strategies aligned with healthcare market demands.

Qualifications

• 5+ years of European pharmaceutical market access experience.
• Prior experience with pricing research.
• International experience preferred.

Responsibilities

• Lead pricing analytics and operations including price forecasting.
• Develop global pricing strategies based on payer insights.
• Conduct pricing research to support pricing studies.

Skills

Analytical skills

Strong communication

Collaboration

Presentation skills

Interpersonal skills

Education

Bachelors in life sciences or business

MBA

Tools

Excel

Job description

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Description

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best - people with the right technical expertise and a relentless drive to solve real problems - and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

The Director, Global Pricing serves as a pricing subject matter expert within BioMarin and drives analyses required to support pricing decisions. This individual will be responsible for both leading Global pricing research and analyses as well as for coordinating and aligning global pricing activities.

The Director of Pricing will inform pricing decisions and ensure consideration of global implications of price changes. This individual will lead market research and will support the synthesis of pricing recommendations. He/she will assist in gathering pricing inputs for forecasting and business development assessments.

The Director of Pricing is a member of the Global Value, Access and Strategic Pricing function (GVASP) and will work closely with global, regional and local market access colleagues. The individual will also work closely with and coordinate with other market access colleagues within GVASP including the Health Economics and Outcomes Research (HEOR) team. The Director of Pricing will work across BioMarin's marketed and pipeline products.

Responsibilities

• Pricing analytics and operations:
• International price referencing (IRP) and reporting including analytics based on IRP
• Price forecasting and modelling - work with internal commercial teams to support development of accurate and robust product forecasts.
• Collaborate with Global Commercial Operations to support long range planning process
• Internal price governance - Prepare and present high-quality recommendations to Senior leadership. Support and participate at selected governance forums (Senior VP pricing forums, CET, price board etc..).
• Price tracking and benchmarking of BMRN products and competitor products and maintain up to date global dashboards
• Develop compliant pricing and analytical tools to be used in discussions with payers
• Develop and maintain an internal pricing infrastructure that optimally tracks product prices in-market, gathers competitive intelligence, and efficiently produces decision-support analyses (business cases, IRP cascade impact, NPVs)
• Price management including managing price changes across the region
• Maintain relevant databases to ensure pricing accuracy within internal systems and monitor accordingly
• Conduct analyses to address price management issues
• Country support:
• Liaise with and tactically support local market access execution with pricing intelligence and analytics
• In collaboration with country managers, directly engage payers and health authorities as needed to support positive reimbursement outcomes
• Develop and support (working in conjunction with senior leadership an country teams) a coordinated negotiation strategy per country per product, with clearly defined negotiation approach.
• Pricing strategies:
• Ensure that global, regional and country pricing and access strategies are of high quality and are fit for purpose for the individual country
• Based on payer insights, develop pricing strategies incorporating outcome based agreements, risk sharing schemes and other financial arrangements that aligns with global pricing strategy drives access
• Pricing research
• Lead pricing studies to understand product value
• Conduct studies as needed to support P&R assessments for forecasting, business development, and pre-clinical assessments

• Provide market access input into launch sequencing and timing plans
• Operate quickly and decisively in a fast-paced environment
• Position requires up to 20% travel, including global travel

Experience

• 5+ years of European pharmaceutical market access experience
• Prior experience with pricing research
• Knowledge of Global or EU pricing & reimbursement processes
• Analytical skills and proficiency with Excel
• Strong communication, collaboration, presentation, and interpersonal skills
• International experience preferred

Education

• Bachelors, preferably in life sciences or business
• MBA, strongly preferred

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.