Senior Manager - Pricing and Contract Strategy

Welcome to Novo Nordisk! We are currently seeking a highly skilled and experienced Senior Manager to join our team as our Pricing and Contract Strategy expert. As a global leader in pharmaceuticals, we are dedicated to improving the lives of millions of people worldwide through innovative and life-saving treatments. In this role, you will have the opportunity to shape and execute our pricing and contract strategies, ensuring our products are accessible to those who need them most. We are looking for a driven and strategic individual with a strong background in pricing and contracting, who can thrive in a fast-paced and dynamic environment. If you are passionate about making a positive impact and have the necessary qualifications, we would love to hear from you.

1. Develop and implement pricing and contract strategies in alignment with company goals and objectives.
2. Conduct market analysis and monitor industry trends to inform pricing and contract decisions.
3. Collaborate with cross-functional teams including sales, marketing, finance, and legal to develop pricing and contract proposals.
4. Negotiate and manage contracts with key stakeholders, including payers, wholesalers, and distributors.
5. Monitor and analyze market competition to ensure competitive pricing and contract terms.
6. Ensure compliance with all relevant laws, regulations, and policies related to pricing and contracting.
7. Develop and maintain relationships with key external stakeholders, including customers and industry associations.
8. Provide guidance and support to sales teams on pricing and contract strategy execution.
9. Analyze and report on the effectiveness of pricing and contract strategies and make recommendations for improvements.
10. Stay up-to-date with industry developments and best practices in pricing and contracting.
11. Train and mentor junior team members on pricing and contract strategy.
12. Represent the company at conferences, events, and industry meetings related to pricing and contracting.
13. Monitor and manage pricing and contract budgets to ensure cost-effectiveness.
14. Drive continuous improvement efforts to optimize pricing and contract processes.
15. Communicate pricing and contract strategies and updates to senior management and other relevant stakeholders.

According to JobzMall, the average salary range for a Senior Manager - Pricing and Contract Strategy in Plainsboro Township, NJ, USA is between $128,000 to $185,000 per year. However, the specific salary for this position may vary based on factors such as the size and industry of the company, the candidate's level of experience and qualifications, and the current market demand for this type of role. It is recommended to research specific companies in the Plainsboro Township area and their compensation packages for this position in order to get a more accurate salary estimate.

Novo Nordisk AS engages in the research, development, manufacture, and marketing of pharmaceutical products. It operates through the Diabetes and Obesity Care; and Biopharmaceuticals segments. The Diabetes and Obesity Care segment covers insulins, glucagon-like-peptide 1, other protein-related products, oral anti-diabetic drugs and obesity. The Biopharmaceuticals segment handles the research, development, manufacture, and distribution of products within the areas of haemophilia, growth hormone, hormone replacement, inflammation and other therapy areas.