AD, Market Access Contracting

Novartis • East Hanover, NJ

5d • $160,300 - $297,700 • Remote

About The Position

This position can be based remotely anywhere in the U.S. (there may be some restrictions based on legal entity). Please note that this role would not provide relocation as a result. The expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager.

Ready to help shape how innovative medicines reach patients and healthcare providers across the healthcare ecosystem? As the Associate Director, Market Access Contracting, you will play a critical role in developing and managing market access agreements across Managed Care, Medi-care, Advanced Platforms, and Channel contracts. Partnering closely with pricing, account management, finance, legal, and market access leaders, you'll help drive contracting strategies that support patient access, business growth, and commercial success. This is an exciting opportunity for a strategic and analytically minded professional to influence key decisions, navigate complex market dynamics, and make a meaningful impact across one of the most critical areas of the business.

Requirements

• Bachelor’s degree in Finance, Economics, or Law preferred; advanced degree (i.e., MBA) a plus
• Minimum of 5 years of pharmaceutical or healthcare industry experience
• Experience in contract reviewing/writing, account measurement, reporting, and forecasting.
• Advanced understanding of legal aspects of contracts and contract interpretation as well as potential pricing impacts. Ability to manage complex contracts and understand potential pricing impacts.
• Excellent written and verbal communication skills; ability to present complex information and data sets in an understandable and compelling manner.
• Excellent financial and analytical skills and acumen

Nice To Haves

• Extensive knowledge of pharmaceutical and market access contracting and its market segments
• Experience in all commercial, managed care, and channel environments (HMOs, IPAs, PBMs, GPOs, LTCs, and Specialty Pharmacies), and knowledge of the Medicare contracting marketplace.

Responsibilities

• Serving as the central point of contact for the pricing and channel strategy teams, account management, legal, Managed Markets Finance (MMF) operations, government pricing, and senior leadership on all contracting matters related to a designated account list or segment.
• Working with pricing, channel strategy, and account management in the development of contract proposals and effective negotiation strategies, including working with customer accounts directly in negotiation of contractual documentation.
• Collaborating with the pricing and channel strategy teams to develop and assess brand contracting strategies.
• Serve as primary liaison to MMF to ensure accurate understanding and interpretation of contract changes. Provide general oversight to discount and rebate operations team and serve as an approver of various contract price determinations and payment types related to market access contracts (e.g., Managed Care and Medicare rebate payments, GPO, channel, and customer contract price and rebate payments).
• Support market access teams in managing contract amendments, renewal timeline tracking and execution, and the development of new contracting templates.
• Ensure all contracts are completed according to determined SLAs and SOPs
• Preparing regular reports and dashboards for management, key internal stakeholders across market access and brand teams, and external stakeholders to supplement customer and account business and performance reviews. Reporting will include but not limited to formulary tracking, rate tracking, invoice tracking, growth and performance-based rebate tracking across customers and/or channel segments, and general reporting of market share using both claims, IQVIA, sales, and chargeback data.
• Responsible for accurate and timely reporting of formulary changes in NEXUS across Managed Care and Medicare accounts.
• Engage on an ongoing basis with MMF Gross to Net forecasting team to review contract changes, actual blended rates forecasted blended rates, and associated P&L implications for each account.
• Responsible for SOX documentation and compliance with periodic internal and external audits.

Benefits

• health
• life and disability benefits
• a 401(k) with company contribution and match
• a variety of other benefits
• a generous time off package including vacation, personal days, holidays and other leaves

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level