Director, 340B Strategy
MSDAbout the role
Job Description
The Director, 340B Strategy, will report to the Executive Director of Strategic Insights, Integrated Account Management, and support the 340B Core Team and Steering Committee, which includes Finance, Legal, IAM, Compliance, Operations, and Policy.
This position will require significant interaction with and an ability to communicate effectively with senior leaders across the US Market and at the Enterprise level, supporting communication and presentation of each plan, and ensuring organization alignment.
Key responsibilities include and may not be limited to:
Leading and/or collaborating with a variety of cross-functional workstreams to create detailed work plans and timelines for activities related to 340B planning and implementation.
Identify gaps, risks or opportunities in organizational readiness for all aspects of 340B as it relates to US commercial planning.
Establishing and monitoring progress for operational workstreams, and leading development and reporting for periodic updates to senior leadership.
Monitor statutory and regulatory changes related to the 340B program and coordinate with stakeholders across the enterprise to ensure our company's compliance and process optimization.
Continually review existing our company's 340B-related policies, procedures, and strategies against industry and marketplace trends; assess alternative methodologies where appropriate.
Coordinate with the Core Team and Steering Committee to develop and maintain, update and communicate proposals and data that will be used to inform Enterprise level decisions for all 340B related workstream questions and outputs.
Collaborate with key stakeholders across the enterprise, including IAM, Policy, BU brands, Payer Marketing, Finance, Legal, Operations, and other relevant stakeholders, to optimize and enable near- and long-term success in implementing 340B-related activities.
Monitor statutory and regulatory changes related to the 340B program and coordinate with stakeholders across the enterprise to ensure our company's compliance and process optimization.
Qualifications:
Minimum Qualifications:
BS/BA degree
5 years of experience in pharmaceutical, corporate health/benefit consultancy, or related health care field
3 years of experience managing large, complex, matrix organizations
2 years of 340B experience
Legally authorized to work in the United States
Able to travel 50%, including to North Wales, Pennsylvania for meetings
Preferred Qualifications:
4+ years of 340B experience
Advanced degree in business or health administration
Deep foundational knowledge of US healthcare market and ecosystems including trends, drivers and influencers
Growth mindset with demonstrated ability to set strategy and execute against goals to drive cogent results
Leadership to inspire and motivate senior leaders to activate on established strategy
Excellent communication skills and teamwork that leads to effective collaboration with colleagues
Experience leading through change to make resource decisions and trade-offs to maximize business potential
NOTICE FOR INTERNAL APPLICANTS
In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.
If you have been offered a separation benefits package but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.
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Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand t
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