Sr Director, Pricing & Reimbursement

We Are Teva

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

Our Team, Your Impact

The primary role of the Sr. Director Pricing & Reimbursement is to oversee and determine strategic pricing and contracting strategies, and the tactical execution of those strategies to maximize the value of the US Innovative Medicines and Biosimilar portfolio. This person must have in-depth knowledge of reimbursement, government pricing, and general pricing & contracting dynamics to best support the portfolio on WAC Pricing Recommendations for new products and in-line products and Reimbursement support. This role is also responsible for compliance and operational activities as it relates to WAC Pricing and Reimbursement. The Sr. Director Brand Pricing & Administration works closely with Value & Access Strategy, Contracting, Marketing, Government Pricing, Finance, Government Affairs, Patient Services, and Legal Affairs to implement all new product pricing and price increases.

 

Location: This is a hybrid position (3 days/week onsite) based in Parsippany, NJ.

 

How You’ll Spend Your Day

 

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

 

• Assist in developing and implementing WAC pricing and contracting strategies, prepare pricing analytics to evaluate strategy alternatives, and implement those strategies that maximize the brand access and product value. Provide strategic guidance to the USBP Brand teams on pricing.

 

• Represent Value & Access on cross-functional teams relating to new product launches, product access initiatives, the financial impact of contracting, pricing activities and strategies, and evaluating the Gross-to-Net profile of business development opportunities.

 

• Provides reimbursement expertise, defined broadly to include how products are covered and paid for by payers under pharmacy or medical benefit, for government (Medicare B, C, D, Medicaid) or commercial insurance, and patients’ OOP costs. This includes understanding payer coverage policy criteria, understanding government pricing (ASP, AMP, BP, 340B), and coding/payment dynamics across innovative brands, biosimilars, 505(b)(2), and generics.
• Responsible for multiple compliance and operational activities related to Pricing and Reimbursement including but not limited to:

 

• • Pricing Committee
  • State pricing transparency submissions
  • HCPCS and Pass-Through Applications

 

• Proposes WAC Price for new product launches and proposes WAC changes (increase or decrease) on existing products by continuously monitoring brand activity, competitive activity, and market conditions including but not limited to government pricing considerations.

 

• In collaboration with Government Payer Systems and Government Affairs Teams, monitors changes and proposals in healthcare regulations and policies as it relates to Pricing and Reimbursement; and develops frameworks to evaluate the commercial implications to patients, providers, payers, and Teva brands.

 

• Track and analyze WAC, coding and reimbursement status for Teva and competitors’ products, including WAC price changes, CMS updates to HCPCS codes, pass-through status, ASP, and SAD list. Take action if/when Teva products are incorrectly listed.

 

• Collaborate with Payer Marketing and Patient Services to create tools, training, and resources regarding Pricing and Reimbursement, including but not limited to Coding and Reimbursement Guides.

 

• Assess and recommend pricing packages for assets under business development evaluation 

 

• Provide strategic leadership to the Pricing & Reimbursement team, fostering a high‑performance, collaborative culture that builds talent, elevates capabilities, and drives proactive market access excellence.

 

• Lead the transformation of pricing and reimbursement processes, designing and implementing innovative, sustainable operating models that strengthen organizational readiness for evolving