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Director, 340B Strategy

Director, 340B Strategy

Bristol Myers SquibbPrinceton, NJ, US
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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.

Summary

We are currently seeking a Director, 340B Strategy to join the US Pricing, Analytics, and Innovation team within MAx, located at our headquarters in Princeton, NJ. (A Washington D.C. location is also acceptable.) MAx is refining the focus of their supportive capabilities to the legal, policy & government affairs, and commercial teams by dedicating a full-time role to focus on cross-portfolio 340B Strategy. (MAx is our Market Access, Pricing, and Value Demonstration organization at BMS)

You will work cross-functionally with internal and external stakeholders to evaluate current BMS 340B processes and strategies, recommending advanced solutions to ensure BMS practices remain compliant and cutting edge. The role will also be a key SME advisor to the US Policy, Government Affairs, and Stakeholder Alliances teams at the Federal and State levels, and the Pricing and Contracting Operations teams within MAx.

Responsibilities

  • Work with the Executive Director to identify specific areas of focus, understanding this can and likely will evolve over time.
  • For aligned areas, identify opportunities for improvement. Once those are prioritized and approved by the 340B Working Group and Executive Committee, drive the project from ideation to execution.
  • Engages with internal and external stakeholders to remain abreast of key evolutions in 340B across hospitals, pharmacies, wholesalers, and actions of other manufacturers, ensuring a high level of subject matter expertise.
  • Drive the updates to the 340B working group and affiliated leadership updates and tracks cross-functional project activity across MAx, Legal, and USPGA.
  • Leads the cross-functional execution of novel projects related to 340B.
  • Leads the company's efforts related to 340B good faith inquiries and audits.
  • Creates and delivers 340B education and trainings across the enterprise.
  • Work cross-functionally with leaders from Legal, BI&T, MAx, USPGA (State and Federal), and Commercial. More specifically, is a support to legal and policy team members as needed.
  • Collaborates with colleagues across Global and US Pricing and within the team for ongoing 340B analytics, business practice updates, and management of external responses.
  • Drive digital transformation by identifying opportunities to automate pricing processes and implement scalable digital tools.
  • Champion process innovation by evaluating current pricing practices and recommending digital enhancements to improve efficiency and accuracy.

Qualifications

  • BA / BS required; MBA / graduate degree preferred.
  • Minimum of 10 years of pharmaceutical industry experience in a market access role, with a deep understanding of US pricing dynamics across various customer and insurance segments.
  • Experience collaborating closely with policy and legal on business strategies.
  • Experience in pricing, access, or brand strategy and pricing analytics preferred.
  • Knowledge of IT solution implementation or experience implementing IT solutions across a broad matrix team preferred within MAx.
  • Individual should have a proven track record demonstrating breadth and depth across Pricing, Access, BMS values, and exemplary achievement of performance objectives.
  • Demonstrated experience in leading strategically, communicating with impact, approaching complex issues in an innovative way, and creating a strong, inclusive, energizing culture.
  • Demonstrated ability to study complex laws and policies and translate them to leadership audiences.
  • Demonstrated experience in working on undefined, new projects and successfully implementing them to improve the capabilities of their division is required.
  • Experience in mobilizing matrix team members, embracing teamwork within a cross-functional environment will be critical.
  • Demonstrated experience leveraging and / or implementing AI-driven insights and digital tools to enhance customer engagement strategies, optimize HCP / patient experience, and drive data-informed commercial decision-making.
  • Experience with process automation technologies (e.g., RPA, workflow automation tools, or scripting) is highly desirable.
  • The starting compensation for this job is a range from $196,160 - $237,700, plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. 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 our Working With Us page.

    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.

    If you come across a role that intrigues you but doesnt perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

    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 accommodation / adjustment 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

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