Associate Director, Pricing Strategy - VAP, EPG

Johnson & Johnson Innovative Medicine•Horsham, PA

About The Position

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Johnson & Johnson Innovative Medicine (J&J) is recruiting for an Associate Director, Pricing Strategy within its Strategic Customer Group (SCG) on the Value Access & Pricing (VAP) Established Products Group (EPG) team located in Horsham, PA or Titusville, NJ. Johnson & Johnson provides account management and customer support services to key health care customers, including hospital systems and group purchasing organizations, leading health plans, pharmacy benefit managers, and government health care institutions. The company also provides contract management, logistics, and supply chain functions for the major Johnson & Johnson franchises. Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow. Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way. Learn more at https://www.jnj.com/innovative-medicine The Associate Director of EPG Pricing Strategy is: Building, implementing, and executing the optimal pricing strategy for Janssen’s EPG portfolio, driving value across key payer segments, and evaluating value based agreements. This individual will interact with Senior Brand Leaders, SCG Leadership Team, Legal, HCC and Finance in the establishment and implementation of pricing and contracting strategies. This position reports to the Director of VAP Established Products Group (EPG).

Requirements

Bachelor’s degree in Finance, Marketing or other critical thinking major required; advanced business degree (MBA) or CPA preferred.
5 or more years of work experience in the pharmaceutical/healthcare industry required.
Solid knowledge of US payers, GPOs and US reimbursement and access landscape, price regulations/reporting as well as state reporting requirements.
Emphasis in finance, market access, marketing or strategic/product functions preferred.
Experience in finance, pricing or contracting or account management preferred.
Strong understanding of reimbursement/payment models and customer structures preferred.
Ability to influence large/diverse teams without direct authority is required.
Ability to develop internal/external collaborations and build positive, constructive relationships across all levels and disciplines is required
This position is based in Horsham, PA or Titusville, NJ and may require limited travel.

Responsibilities

Serves as a brand pricing lead by synthesizing customer, industry and competitive insights and intelligence to guide in developing channel and franchise pricing strategies.
Ensures awareness of price as key component of the marketing mix at the gross and net level.
Effectively work with all key stakeholders to drive alignment on the pricing strategies and how they impact business.
Leads CPC (Contracting and Pricing Committee) discussions regarding pricing strategies with Legal, Finance, Contracting Administration, HCS, HCC (Healthcare Compliance) and other key stakeholders.
Proactively conducts competitive analysis and evaluate the changing marketplace and proactively make recommendations on pricing strategies.
Acts as a pricing strategy lead on customer contract negotiations and discussions.
Develop Innovative Pricing Strategies and programs to insure patient and provider access at a reasonable Gross to Net.

Benefits

Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
This position is eligible to participate in the Company’s long-term incentive program.
Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year