Global Pricing Associate Director

3 days ago

Gladsaxe, Gladsaxe Municipality, Denmark Novo Nordisk AS Full time

Are you passionate about driving strategic pricing and market access initiatives? Are you enthusiastic about leveraging analytics to gain valuable insights and make data-driven decisions that will propel our organisation forward? If yes, then you may be our new Global Pricing Associate Director within cardiovascular diseases

As the Global Pricing Associate Director in the Global Pricing unit your primary role will involve developing and executing pricing strategies for Novo Nordisk's products, generating and providing pricing insights and decision recommendations to our leadership team and working closely with stakeholders across the value chain. Other key responsibilities will include:

  • Lead the development of pricing strategy, guidance, and forecasts within cardiovascular and other cardiometabolic diseases, ensuring timely delivery of impactful outcomes in alignment with key processes.
  • Monitor and comprehend the pricing landscape in strategic markets, including international reference pricing (IRP), parallel trade, and loss of exclusivity (LoE) dynamics for key competitors.
  • Develop strategy scenario planning for Novo Nordisk assets within the assigned therapy areas and across the portfolio, providing support and challenging pricing targets and negotiation strategies in strategic markets.
  • Oversee the functioning of pricing systems and tools, driving proactive initiatives to enhance the company's pricing infrastructure, ensuring organisational capability building to maximize the potential of these systems and tools while fostering continuous improvement.
  • Develop and deliver pricing insights through reports, tools/dashboards, newsletters, or similar means to inform strategies and enhance the organization's decision-making regarding drug development, investment decisions, launch strategies, and pricing business cases.

Qualifications

To succeed in this position, the ideal person will possess a degree, preferably a master's, in Economics, Health Economics, Business, Finance or similar. Other key skills and experiences required are as follows:

  • A minimum of 5+ years of experience in pharmaceutical pricing, market access or business analytics from an affiliate, regional, headquarter role, or from a management consultancy.
  • A proven track record of setting and leading pricing strategy, guidance and forecasting within assigned areas.
  • Thorough understanding of the pricing and market access landscape in major global markets.
  • Analytical abilities to estimate price elasticities, assess willingness to pay, evaluate portfolio dynamics, estimate opportunity costs, and determine financial implications.
  • Exceptional communication and stakeholder management skills, with professional fluency in both written and verbal English.

As an individual, you effectively communicate analytical findings and recommendations to stakeholders through various mediums. You proactively develop solutions to address future challenges and opportunities by attentively observing and understanding the organisation. Additionally, your resilience and problem-solving abilities equip you to tackle obstacles with a solution-focused mindset, enabling you to navigate adversity and setbacks with determination.

About the department

The Global Pricing function is crucial to the commercial success of products in the pharmaceutical industry. We are responsible for developing global pricing strategies for all our assets, providing insights and recommendations to senior management, and providing pricing guidance to the organisation to support drug development and commercialisation. This is your opportunity to join an international, high-performing team in Søborg, Denmark, working with bright people on some of the most innovative products in Novo Nordisk.

Working at Novo Nordisk

At Novo Nordisk, we don't wait for change. We drive it. We're a dynamic company in an even more dynamic industry, and we know that what got us to where we are today is not necessarily what will make us successful in the future. We embrace the spirit of experimentation, striving for excellence without fixating on perfection. We never shy away from opportunities to develop, we seize them. From research and development, through to manufacturing, marketing and sales – we're all working to move the needle on patient care.

Contact

For further information please contact Ulrik Haagen Panton, at or call on +45-30753300.

Deadline

23 February 2025.

You do not need to attach a cover letter to your application, but please include a few sentences about why you are applying in your resume or CV. To ensure an efficient and fair recruitment process, please refrain from adding a photo in your CV.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we're life changing.

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