Director of Data Science and Pricing Analytics

Director of Data Science and Pricing Analytics

Job Title : Director of Data Science and Pricing Analytics

Please read the following job description thoroughly to ensure you are the right fit for this role before applying.

Job Description :

The Director of Data Science and Pricing Analytics will be an integral leader within McKesson’s Generics Analytics team and will be responsible for developing and implementing data-driven strategies that enhance the efficiency and effectiveness of pricing decisions made within McKesson's Generics organization.

This role will lead a talented team of data scientists, analysts as well as cross-functional data and enablement teams, to uncover insights, optimize processes, and improve pricing related decision-making.

They will collaborate across the team to build and deliver on broad data, analytics and digital organizational capabilities related to pricing transformation.

They should be able to identify data and insights-based opportunities for enhancing Generics business performance, testing and validating various hypotheses and then industrializing the whole AI / ML solution pipeline.

They will critically evaluate on what can be done with data, where are the opportunities to monetize data, how can data-based insights be incorporated in existing business processes and systems.

This role will drive delivery excellence and will lead strengthening trust across multiple stakeholders. The ideal candidate will be an expert in analytics and AI / ML-based pricing of pharmaceutical products with deep understanding of healthcare distribution and supply chain.

Responsibilities :

• Lead development of analytical and data science solutions for different Generics business stakeholders.
• Utilize advanced analytics, machine learning, and predictive modeling to identify and uncover opportunities for price optimization, margin improvement, revenue acceleration, reducing leakage / revenue loss, product replacement, demand and revenue forecasting, reducing stockouts and optimizing inventory.
• Collaborate with business stakeholders & technology teams to identify existing, or new, areas that can benefit significantly from advanced analytics and data science.
• Communicate strategy and results to technical and non-technical audiences / develop and maintain strong relationships with key stakeholders, partners, and internal clients.
• Streamline AI / ML delivery process with fail fast approach for experimenting and Agile implementation to scale the solutions that have been proven to be valuable for the business.
• Accountable for ensuring AI engineering frameworks, ML systems, data pipelines and security with enterprise value priorities and are deployable.
• Have good understanding and appreciation for data governance and AI governance principles and coach the teams to adopt the guidelines for the same.
• Lead building of comprehensive analytical insights engine that optimizes various pricing outputs across multiple algorithms and scenarios to provide the most optimal recommendation and an ability for the users to perform simulations and make best pricing decisions.
• Drive key AI and analytical initiatives, providing clear timelines and actionable plans for implementation and value generation.
• Lead, motivate, and inspire teams to embrace AIML technologies and contribute to the organization's overall success.
• Accountable for aligning with enterprise ML infrastructure decisions and leading ML engineering and operations for Generics Analytics team.
• Leverage CICD best practices, including test automation and monitoring, to ensure successful deployment of ML models and application code.
• Ensures all code is well-managed to reduce vulnerabilities, models are well-governed from a risk perspective, and the ML follows best practices in Responsible and Explainable AI.
• Continuously monitor and optimize AI models and algorithms to improve performance and reliability.
• Monitor real-time performance of deployed models, analyze performance data, and proactively identify and address performance issues to ensure optimal model performance.
• Troubleshoot and resolve production issues related to ML model deployment, performance, and scalability in a timely and efficient manner.
• Implement security best practices for machine learning systems and ensure compliance with data protection and privacy regulations.
• Develop and maintain documentation, standard operating procedures, and guidelines related to MLOps processes, tools, and best practices.
• Support stakeholders’ analytic needs, gather user requirements, help drive adoption.
• Manage business stakeholder relationships to drive action and value from data science insights.
• Assist in developing and maintaining long-term stakeholder relationships and networks.

Critical / Must have skills :

• 12+ years of data science and advanced analytics experience.
• 6+ years of healthcare / pharmaceutical / distribution experience.
• 4+ years of pricing analytics and data science modeling experience.
• 6+ years of management / team leadership experience.
• Proven record of building data and analytics models and solutions in the pricing space, preferably in the healthcare, pharmaceutical, and / or supply chain domain.
• Previous experience in managing complex analytical and data science projects and portfolios to deliver business outcomes in large-scale organizations through significant change management / transformations.
• Demonstrated ability to tackle problems across the full data stack, from data wrangling (leveraging SQL or other methodologies) to stakeholder consumption at scale.
• Strong grasp of fundamental statistical concepts : linear regression, A / B testing, outlier analysis, probability distributions, tests for independence, etc.
• Knowledge of machine learning / data science best practices.
• Demonstrated experience data visualization skills (PowerBI, Tableau, RShiny).
• Experience in developing cloud computing data and analytic platforms (Snowflake, Databricks, Azure, AWS, GCP etc).
• Deep knowledge of advanced analytics and big data technologies and methodologies, as well as proven experience translating big data into actionable outcomes in healthcare / pharmaceutical / biotech industries.
• Proven track record of solving complex problems, thinking creatively, and using data to tell a story to influence senior level stakeholders.
• Strong leadership skills : excellent team management, coaching and mentoring skills; superior planning, process and influencing skills.
• Outstanding verbal and written communication with all levels of management, ability to translate technical terms into business insights.
• Ability to work in a matrix environment and build partnership with both internal and external stakeholders.
• Very strong team player.
• Strong verbal and written communication.
• Bachelor’s degree in Data Science, Statistics, Computer Science, applied mathematics, machine learning, or a related data-centric technical field.

Master’s degree preferred.

Preferred skills :

• Industrializing AI / ML based solutions by creating a homegrown analytics-based decisioning engine / platform.
• Understanding of financial statement analysis and cost accounting principles and / or experience in financial accounting / FP&A related analytics in the healthcare distribution space.

Education :

Bachelor's degree in computer science, information science, engineering, or equivalent experience.

Physical Requirements :

General Office Demands.

Candidate must be authorized to work in the U.S, now or in the future, without the support from McKesson.

Relocation is NOT budgeted for this position.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets.

The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations.

In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered.

Our Base Pay Range for this position : $151,000 - $251,600

McKesson is an Equal Opportunity Employer.

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information.

For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

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