Pricing and Policy Insights Manager

Novo Nordisk; Plainsboro Township (NJ); On-site; USD 100,000 - 184,000; Full time

Job summary

Novo Nordisk is seeking a senior analyst to monitor healthcare reform, pricing and policy issues, and industry responses. This role involves risk identification, financial modeling, and delivering findings to leadership to shape strategy.

The position partners with multiple internal teams across Pricing Insights, Public Affairs, Government Pricing, Strategy, Market Access and Investor Relations. It requires cross-functional collaboration in a global matrix and experience with ex-US pricing

Qualifications

• Bachelor's degree required.
• Advanced degree preferred.
• Requires a minimum of 5 years of progressively responsible, relevant experience (pricing, contracting, forecasting, consulting, portfolio analysis, policy analytics, and/or finance and reporting).
• Experience in pharmaceutical industry is preferred.
• Strong analytical, quantitative, and qualitative analysis skills.
• Ability to deliver messages and presentations clearly and confidently.
• Demonstrated leadership and ability to manage and influence to meet objectives.
• Ability to lead projects and manage multiple internal relationships at all levels.
• Attention to detail and data problem solving.

Responsibilities

• Evaluates Healthcare Reform/legislative changes from both a financial and strategic perspective.
• Collaborates with PA - Policy team to stay up to date on federal policy changes and guide prioritization.
• Works with legal/compliance on state-level policy changes.
• Develops pricing analytics and scenarios for strategy evaluation and future outlook.
• Prepares pricing/policy analyses for investor relations and roadshows.
• Owns analysis for Risk Reports and investor relations documents.
• Develops scenario impact models on pricing and profitability within key channels.

Skills

Pricing analytics

Policy analytics

Financial modeling

Leadership

Stakeholder management

Excel

PowerPoint

Communication

Education

Bachelor's degree

Advanced degree

Tools

Excel

Access

PowerPoint

Word

Job description

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?

The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures we're constantly building future capabilities. We're responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?

The Position

This position is responsible for monitoring and assessing the on-going healthcare reform changes, PhaRMA and industry responses, and state-level transparency initiatives. This includes proactively identifying risk, financial modeling, providing findings and key insights to leadership, and supporting strategy development.

Relationships

Reports to Director, Pricing & Policy Insights. Works and partners closely with other team members in Pricing Insights; Public Affairs – Policy; Government Pricing & Compliance; Strategy and Innovation; Market Access; Investor Relations; Finance; Brand Marketing; Other Novo Nordisk internal departments such as Legal, Sales, etc. External relationships include field Account Executives and Directors, Novo Nordisk AS, professional associations, vendors, and customers.

Essential Functions

• Evaluates Healthcare Reform/legislative changes from both a financial and strategic perspective
• Strategic partner with PA - Policy team to stay up to date on federal policy changes and help guide the thinking on prioritization & recommendation on potential legislative changes
• Strategic partner with legal/compliance to stay up to date on state level policy changes
• Demonstrates an advanced understanding of legislative and regulatory mandates impacting pharmaceutical net price evolution and federal market access.
• Experience collaborating within a global matrix environment, with a foundational understanding of ex-US market access and pricing frameworks is a plus
• Drive organizational awareness and understanding of political environment & financial risk
• Assists in preparing any pricing/policy related analysis for investor relations questions as well as investor roadshows
• Collaborates with government pricing team to provide inputs in order to assess all potential pricing changes on government calculations (e.g. URA, 340B)
• Analyzes the impact on pricing decisions on ARP/profitability and provides guidance to key stakeholder
• Partner with Strategy & Innovation to provide pricing analytics/insights for strategy evaluation & guidance on future outlook
• Owns analysis for Risk Report and investor relations document
• Serve as a key lead with legal & compliance on various workgroups
• Develops scenario impact models on pricing and profitability within key channels.
• Develops presentations for senior management (StC, Pricing Committee, etc)
• Serve as key point with legal on congressional inquiries along with any additional pricing and policy related legal requests
• Supports business and analytical expertise in the development of tools and methods that will result in more accurate customer profitability assessment and decision-making.
• Provides ad hoc analyses as required

Physical Requirements

0-10% overnight travel required.

Qualifications

• Bachelor's degree required. Advanced degree preferred
• Requires a minimum of 5 years of progressively responsible, relevant experience (pricing, contracting, forecasting, consulting, portfolio analysis, policy analytics, and/or finance and reporting); At least 2 years within the pharmaceutical industry preferred
• A strong level of analytical, quantitative, and qualitative analysis skills
• Ability to deliver message and presentations in a clear, confident manner
• Demonstrated leadership skills. Demonstrates an ability to manage and influence to ensure business objectives are met
• Ability to function in a project leadership role
• Ability to interact and manage multiple internal relationships at all levels of the business
• Attention to detail with an ability and readiness to delve into and resolve data problem
• Advanced proficiency in Microsoft Excel, Access, PowerPoint, Word, and other key platforms

The base compensation range for this position is $99,600 to $184,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.

Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk, we're not chasing quick fixes – we're creating lasting change for long-term health. For over 100 years, we've been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of what's possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, we're making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger – a legacy of impact that reaches far beyond today.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.