Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas. We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Position overview and primary responsibilities

 

The primary role of the Pricing Manager is to coordinate pricing activities and provide the related pricing analysis and support.  Responsibilities include leading adherence to the pricing policies and procedures, evaluating price increases (including the impacts of price protection and government pricing), securing approval of new product pricing, managing the price increase proposal and approval process and coordinating state/federal brand price transparency reporting. The pricing manager is expected to be a subject matter expert on gross to net sales and will report to the Sr. Director Strategic Pricing & Contracting. This position will provide support for all Teva US Products.

 

Major duties and responsibilities required to achieve the positions objectives and be successful in the Pricing Manager role.

• Consult with business units on pricing strategies and proposals.  Calculate and communicate the financial impacts of proposed pricing actions and verify that all appropriate checks and approvals are completed.
• Manage pricing policies and procedures.  Ensure procedures are followed and approvals obtained as appropriate.  Coordinate with internal stakeholders to ensure pricing actions are implemented timely and accurately.  Track and manage federal and state pricing transparency policy submissions.
• Provide expertise and guidance to the Best Price calculation.  Forecast and communicate projected AMP, ASP, Best Price, CPI penalty and the Federal URA.  Provide expertise to all brands on Medicaid and Federal pricing, ASP, and Reimbursement.
• Develop analysis tools to evaluate pricing proposals.  Effectively utilize existing data and systems to support the pricing function.  Responsible for building and maintaining the pricing database to document and address pricing issues as they occur.                                                                                                                          
• Attend various Pricing and Contracting training and industry meetings to stay current on regulatory requirements, Medicaid and Federal pricing regulations, and legislation impacting Pharmaceutical pricing.

Education:   Bachelors Degree Required, MBA preferred

Experience required:

• 5 + years of experience in Pharmaceutical pricing, Market Access, Payer contracting or government pharmaceutical price forecasting/reporting.
• Forecasting and predictive modeling experience.
• Basic understanding of the pharmaceutical industry, payer segments, the pharmaceutical pricing environment, and business analysis.  

Specific type of experience preferred:

• Strong financial analysis skills including extensive familiarity with Microsoft Excel.
• Ability to prepare and present results to senior management.
• Excellent organizational, planning, and written/verbal communication skills.
• Strong understanding of the regulatory requirements as it pertains to contracting, third-party payers, and the government pricing environment.

Sr Dir Contract Administration, Pricing & Government Reporting

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.