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Director, Global Pricing Analytics
Director, Global Pricing AnalyticsVertex Pharmaceuticals Incorporated • Boston, MA, United States
Director, Global Pricing Analytics

Director, Global Pricing Analytics

Vertex Pharmaceuticals Incorporated • Boston, MA, United States
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Job Description

The Director, Global Pricing Analytics, Global Value & Access Strategy (GVAS) role will support the creation of a new Vertex Center of Excellence dedicated to Global Pricing Analytics. As Vertex continues to grow in size and complexity, this newly created team is needed to build industry leading capabilities in Global Pricing Analytics that will assess pricing strategies, measure performance, and deliver actionable insights across regions and across the portfolio. The role reports to Sr. Director, Global Pricing Analytics.

General Summary

The Director, Global Pricing Analytics, Global Value & Access Strategy (GVAS) role will support the creation of a new Vertex Center of Excellence dedicated to Global Pricing Analytics. As Vertex continues to grow in size and complexity, this newly created team is needed to build industry leading capabilities in Global Pricing Analytics that will assess pricing strategies, measure performance, and deliver actionable insights across regions and across the portfolio. The role reports to Sr. Director, Global Pricing Analytics.

Key Duties and Responsibilities

Support development of a Global Pricing Analytics capability to sustain value optimization for the Vertex portfolio

  • Assess the current Global pricing data infrastructure and provide recommendations for future requirements
  • Develop a set of Global Pricing Analytics deliverables to guide decision-making and performance assessments across Vertex disease areas and Regions
  • Build a Global Pricing Analytics reporting infrastructure that integrates multiple data sources and automates insight delivery, including realized prices
  • Serve as the Global Value & Access Strategy subject matter expert on Advanced Analytics, including appropriate integration of Artificial Intelligence

Oversee operations for Global Price Governance including continual updating of guidance documents to audit standards, templates and Regional training

  • Jointly own Global Price Policies with GVAS Disease Area leads, and manage the annual review process for Global price floors
  • Develop disease specific performance analytics analyzing negotiation outcomes and achievement of business results relative to pre-deal analysis
  • Provide strategic guidance for pricing capability development including lifecycle pricing, contracting strategies, launch sequencing and risk assessment in close cooperation with relevant stakeholders
  • Partner with key stakeholders, including US and International Market Access, Global Value & Access Strategy, Global Commercial Strategy, Finance, and DTE to support the development of key Global Pricing Analytics deliverables
  • Knowledge and Skills

  • Deep working knowledge of both US and ex-US healthcare systems required
  • Working knowledge of US and / or ex-US pricing environment is required
  • Entrepreneurial, energetic, dynamic, enthusiastic, decisive, and self-motivated; possesses a sense of urgency with the ability and strong desire to "make things happen"
  • Strong practical, quantitative and analytical skills combined with a sound understanding of how to successfully apply pricing & reimbursement principles to support Vertex
  • Excellent working knowledge of the Market Access data sets including MMIT, IQVIA, Pricing / GTN (Model-N), and Real-World Data (DRG, Market Scan, etc.).
  • Experience creating and / or supporting complex analytics and working closely with data scientists and engineers
  • Strong proficiency in Tableau and / or Power BI, along with working knowledge of data lake platforms such as Snowflake is a plus.
  • General experience in commercialization and drug development
  • Exhibits outstanding written and oral communication skills, including the ability to effectively write and deliver presentations to professionals at all levels within Vertex
  • Demonstrated relationship building at all levels of the organization and across geographies
  • Recognized as a team player with excellent interpersonal skills who is flexible and reliable
  • Displays sound ethics and a fit for Vertex's core values
  • Education and Experience

  • Bachelor's degree in relevant discipline
  • 8+ years of direct biotechnology / pharmaceutical industry experience
  • Experience building an analytics platform, including data integration and visualization using tools such as Tableau and / or PowerBI
  • Pay Range

    $201,200 - $301,800

    Disclosure Statement

    The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

    At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

    Flex Designation

    Hybrid-Eligible Or On-Site Eligible

    Flex Eligibility Status

    In this Hybrid-Eligible role, you can choose to be designated as :

    1. Hybrid : work remotely up to two days per week; or select

    2. On-Site : work five days per week on-site with ad hoc flexibility.

    Note : The Flex status for this position is subject to Vertex's Policy on Flex @ Vertex Program and may be changed at any time.

    Company Information

    Vertex is a global biotechnology company that invests in scientific innovation.

    Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

    Any applicant requiring an accommodation in connection with the hiring process and / or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com

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    Director Pricing • Boston, MA, United States

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