Pricing Manager

Company:Established in 2017, AdvaGen Pharma is an integrated specialty pharmaceutical company, focused on providing innovative solutions for patients, customers, and partners by developing, manufacturing, and marketing high quality Specialty, Generic and OTC products

Summary/Objective

The Pricing Manager is responsible for leading processes and systems related to the management of the Pricing of offers for customers. Conduct and manage the Bid / RFP process independently, maintaining pricing in internal databases/ systems as well as official compendia in accordance with the published pricing policy and ensures that all necessary compliance steps are performed. Responsibilities: · Implementation of analytical tools and expertise supporting the generic product contracting strategies;· Evaluation of customer contracting opportunities· Performing Competitive analysis· Monitoring performance change and compliance with contract terms· Prepares and validates pricing negotiations, administration, analysis, proposals and customer contract activities for accurate contract acquisition and fulfillment in accordance with company policies, legal requirements, and customer specifications. · Manages submissions of pricing proposals prepared/submitted in the AdvaGen Bid Portal for appropriate approvals.· Collaborates in a cross functional environment to communicate all aspects of the contracting process and to ensure the fulfillment of all contractual obligations in a timely and accurate manner.· Orchestrates the overall pricing validation efforts, customer awards/losses notifications, and new business opportunities processes.· Maintains products within product catalog and assesses strategic portfolio optimizations / rationalizations.

• Develops and recommends the establishment of SWP, List, and WAC pricing.· Communicates all applicable product and pricing data with Trade Pricing Compendia, State Medicaid Agencies, and Puerto Rico Product Registration Office.· Prepares bids, processes specifications, and prepares progress and other customer reports.· Executes price change documents, including pricing amendments, new contract loads, compliance documents, and gains necessary approvals.· Monitors and documents competitive selling information on a routine basis for use in contract and pricing analyses.· Assists finance on customer sales deductions for proper identification and payment.· Assists finance with customer rebate or administrative fee program administration and provides a link between the customer and finance department.· Prepares standard financial reports related to RFPs and rebates and develops systems and procedures to track programs.· Professionally represents the interests of Company with customer requests while securing contractual relationships for the sale of products. · Monitors purchases for performance change and compliance with contract terms.· Fosters decisions and processes that minimize chargeback discrepancies and customer deductions. Education and Experience · BA/BS degree· At least two years of commercial generic pharmaceutical pricing experience (i.e., managing the internal contract process, hands-on contractual work, document submission, negotiations, execution, and customer service)· Experience in developing work flow systems, procedures and customizing documents· Pharmaceutical Generic business experience preferred; familiarity with the business and regulatory environment, organization structure, functional roles and responsibilities, pharmaceutical terminology· Experience in managing and processing rebates, fees and discounts; knowledge of related legislation, contracting and pricing guidelines Skills and Competencies· Read, comprehend and write complex documents;· Strong Excel Modelling Skills; and keen eye for detail and accuracy· Understand and apply mathematical concepts and reasoning, analyze and use numerical data;· Apply negotiation, critical thinking and problem solving skills; ability to manage information (collect, analyze, and organize information from a variety of sources);· Ability to manage change and accepting personal responsibility; computer literacy, Internet skills, ability to retrieve and manage information using technology;· Knowledge of records and data management best practices, tools and technology support systems. · Ability to provide transparency of process and influence decision makers. Position TypeRegular full-timeTravelThe position may require some overnight travel. Benefits:401(k)Dental insuranceHealth insurancePaid time offVision insuranceWork Schedule:8 hour shiftDay shiftMonday to Friday100% on site