Senior Manager, Gx Injectables Pricing (Remote)
McKessonAbout the role
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.
Currently seeking a candidate with strong financial analytics experience to support McKesson’s Generics Injectables team. The ideal candidate should have proven success in working in Pricing or FP&A roles with a strong ability to influence decisions among stakeholders.
Role Overview
The Senior Pricing Manager for Generics Injectables plays a pivotal role in the pharmaceutical industry by focusing on innovative pricing strategies that drive business growth within McKesson's expansive health systems portfolio as well as indirect support of the retail portfolio. This position demands a strong foundation in data analytics, strategic thinking, and a strong understanding of the generics market dynamics. By leveraging data-driven insights, the Senior Pricing Manager collaborates with cross-functional teams including analytics, sourcing, sales, and FP&A to spearhead pricing initiatives that not only maximize revenue and profitability but also ensure a competitive market positioning.
The role involves developing dashboards, reports, and tools to monitor market share fluctuations and identify new opportunities, keeping a pulse on the competitive landscape. Building robust relationships with internal and external clients is essential, facilitating engagement and supporting informed pricing decisions amidst market shifts. Success in this role is contingent upon exceptional analytical skills, financial expertise, and a consultative approach, all underpinned by innovative problem-solving capabilities. The ideal candidate excels in data analysis, customer relations, and project management, making swift, informed decisions that bolster McKesson's competitive edge in the market.
Key Responsibilities
Innovation: Leverage advanced data analytics to uncover pricing trends and insights, driving strategic innovation and ensuring competitive advantage in the generics injectables market.
Pricing Strategy Development: Craft and implement pricing strategies for generic injectable pharmaceutical products, focusing on market dynamics, competition, and company goals. Identify opportunities to optimize pricing and profitability using targeted pricing strategies and supporting technologies.
Price Optimization: Continuously evaluate and adjust product pricing across the portfolio to ensure competitiveness and positioning for market growth opportunities. Leverage data-driven insights to inform pricing decisions and track overall market competitiveness through dashboards, reports, and benchmarking tools.
Financial Analysis: Conduct financial modeling and forecasting to assess the impact of pricing decisions on revenue, profit margins, and overall financial performance.
Cost and Volume Guidance: Conduct comprehensive market research to assess target cost ranges and estimate market share for the current portfolio and pipeline.
Collaboration with Internal Teams: Work closely with cross-functional teams, including pricing, sales, finance, and sourcing to align pricing strategies with broader business objectives.
New Product Launches: Develop pricing strategies for new generic injectable product launches, considering market dynamics and competition.
Pricing Governance: Establish and maintain pricing governance processes to ensure consistent and standardized pricing practices across the organization.
Stakeholder Management: Communicate pricing strategies, insights, and recommendations effectively to upper management and other stakeholders.
Key Performance Metrics
Proven capability to leverage data analytics and innovative approaches in developing strategic pricing solutions that enhance portfolio profitability while driving and sustaining sales growth.
Increase sales and profit through proactive, consistent, and optimized price management daily
Ability to bring forth new pricing strategies to increase portfolio profitability and increase/maintain sales
Obtain strong customer partnerships with key internal stakeholders to avoid
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