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Associate Director, Pricing Strategy Execution, International Markets

Associate Director, Pricing Strategy Execution, International Markets

Bristol Myers SquibbPrinceton, NJ, US
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Associate Director, Pricing Strategy Execution

Working with Us Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives.

This role will report to the Senior Director Global Pricing Strategy Execution as part of the Global Pricing Organization. The Associate Director, Pricing Strategy Execution should possess a solid understanding of the current and emerging global market access and pricing environment. This role will lead the execution of pricing strategies across the BMS portfolio working with local market access and pricing teams along with Global Pricing and Access Strategy Leads (PASL), International Market Access, HEOR, and other matrix partners to develop market-specific pricing strategies aligned with the overall brand strategy. Additionally, the Associate Director will be part of the cross-functional teams charged with developing and adapting the pricing strategies across the portfolio.

The position is cross functional in nature and is part of a highly matrixed organization, working on a wide range of needs and issues from evaluating payer insights to influencing pricing strategies to reviewing and leading the approval of new business cases for in-market opportunities. International Markets Pricing Strategy Execution team works across several BMS markets.

Responsibilities :

  • Support International Markets in their implementation of the pricing strategy including the evaluation and recommendation for exceptions to pricing strategy with senior decision makers.
  • Person will be assigned to lead on all pricing requests from a selection of the BMS International markets. Specific markets to be agreed with manager.
  • Effectively communicate across the team regarding strategy execution including strategic updates, risks and mitigation plans, issues and recommended handling and milestone achievement.
  • Co-develop markets commercial policy (when appropriate) and innovative contracting solutions including criteria and situational assessments, operational feasibility and recommended design.
  • Support markets in the development of negotiation strategy, leveraging the assistance of third-party negotiations' specialist.
  • Validate market level pricing assumptions for short term and long-term planning
  • Provide advice to Global Pricing Operations and Health Systems Analytics team, and Policy Analytics team
  • Manage accurate and compliant pricing documentation and governance
  • Provide market level insights into the impact on pricing for new product opportunities and share market level knowledge and learnings with matrix partners within Global Market Access, Pricing & Value Demonstration (MAx)

Qualifications :

  • Undergraduate degree required, MBA and / or post graduate degree preferred
  • Solid understanding of the biopharmaceuticals industry with knowledge of the therapy areas BMS operates in
  • Minimum of 5-7 years' bio-pharma or relevant consultancy experience with a strong track record in Market Access, Pricing or HEOR in a Global / WW or large local markets
  • Demonstrated understanding of the P&R systems in BMS markets (ideally including direct experience working in one of the BMS International Markets)
  • Knowledge of the Product Development and Commercialization Process
  • Demonstration of all Core BMS Behaviors
  • Some international travel will be required
  • Compensation Overview : Princeton - NJ - US : $157,030 - $190,282

    The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience. Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit careers.bms.com / life-at-bms / . Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following : Medical, pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year's holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility / infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program.

    Uniquely Interesting Work, Life-changing Careers With a single vision as inspiring as "Transforming patients' lives through science ", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture, promoting global participation in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

    On-site Protocol BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role : Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

    BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations / adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodations / adjustments prior to accepting a job offer. If you require reasonable accommodations / adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com / eeo-accessibility to access our complete Equal Employment Opportunity statement.

    BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

    BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

    If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information : https : / / careers.bms.com / california-residents / .

    Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

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