Job Description Summary
Join us as a Founder of our ‘new’ Sandoz!
Sandoz is going through an exciting and transformative period as a global leader and pioneering provider of sustainable Generic and Biosimilar medicines. Now as an independently listed company, Sandoz aims to increase its strategic focus, operate with greater agility, set clearer business objectives, enhance shareholder returns, and strengthen its culture for us, the Sandoz associates. This is an exciting time in our history, and by creating a new and ambitious path, it will provide a unique opportunity for us all, both professionally and personally.
Job Description
As the Manager, Government Pricing, you will support the Sandoz Government Pricing team in data prep, validation, calculation, and analytics related to our participation in the following government programs:
- Medicaid Drug Rebate Program
- Medicare Part B Program
- VA Federal Supply Schedule Program
- PHS 340B Drug Discount Program
Your additional responsibilities include, but are not limited to:
- Manage the calculation of one or more of the following: Average Manufacturer Price (AMP), Best Price (BP), Average Sales Price (ASP), non-Federal Average Manufacturer Price (nFAMP), and Federal Ceiling Price (FCP).
- Complete other State Program and Supplemental Program filings within the allotted time. Maintain SOPs, SOX documentation, and price calculation methodologies.
- Responsible for review and maintenance of key master data utilized within all Government Pricing calculations including bona fide fee assessments.
- Identify and resolve compliance issues, questions, or pricing requests received from other units of the company, customers, government regulatory agencies, etc.
- Ensure calculation compliance and coordinate the process of existing and new data from business systems for inclusion into price calculations.
- Work with cross-functional teams to review commercial and business licensing contracts and amendments to assess government pricing requirements and implications.
- Work on government pricing-related projects.
- Review BDL proposed deals and provide insights related to Government Pricing, Operations, and proposed language that enhances compliance and profitability.
- Drive proactive and reactive analytics and insights through digital initiatives that help improve Forecasting, Contracting Decisions, Pricing Decisions and Timing, Business Planning.
- Provide input and analysis on proposed and new Government Regulations.
Key performance indicators:
- Strong collaboration and communications skills; utmost integrity.
- Working knowledge of government regulations pertaining to Federal and State programs.
- Excellent analytical skills.
- Ability to interpret new government legislation.
- Excellent verbal and written communication skills.
What you’ll bring to the role:
Minimum Requirements:
- At least 2 years of government pricing experience required.
- 4 years of business experience required.
- Working knowledge of government regulations pertaining to Federal and State programs.
- Technical expertise in Excel and data management tools.
Desirable (preferred):
- Government Pricing/Medicaid Rebate System experience (Revitas/Model-N) preferred.
- Experience in analytical/visualization tools (QlikSense/Alteryx) preferred.
This position will be located onsite at the Princeton, NJ office. We follow a hybrid work policy that combines a mix of in-person and remote work to allow our employees flexibility in designing a schedule that works for our associates and the business.
Sandoz offers a generous employee benefits package that includes a competitive salary, health insurance coverage for medical, prescription drugs, dental and vision, a generous company match for retirement savings accounts, and generous paid time off.
The pay range for this position at commencement of employment is expected to be between $112,800 and $169,200/year; however, while salary ranges are effective from 1/1/24 through 12/31/24, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities.
Why Sandoz?
Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, touched the lives of almost 500 million patients last year and while we are proud of this achievement, we have an ambition to do more!
With investments in new development capabilities, state-of-the-art production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.
Our momentum and entrepreneurial spirit are powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is encouraged!
The future is ours to shape!
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