Depomed, Inc.

Sr Manager/Manager Managed Markets Contracting & Analytics

Location
Lake Forest, IL, United States
Posted
May 31, 2018
Ref
1126XX
Required Education
Bachelors Degree
Position Type
Full time
JOB SUMMARY

This position is responsible for analyzing and providing recommendations for potential Managed Markets Contract offerings. The analysis and recommendations provide for fact-based decisions of the Contract and Pricing Committee. He/she will provide analytical and strategic support to the Managed Markets functions, and works collaboratively with various other functions including Finance, Sales, Marketing, and Corporate Legal teams.

ESSENTIAL JOB FUNCTIONS
  • Apply third-party data sources such as MMIT, Pharmametrics, SHA, and customer data to pricing and contract analysis and reporting, including formulary coverage, payer formulary control, claims analysis, rebates, Rx volume, sales data, and pricing
  • Monitor, maintain and report on status of proposals, contracts and rebate settlement, develop and issue monthly analytics, and support ad hoc data requests and analytics
  • Project and model potential impact of payer contracts and discounts on gross and net sales
  • Work with Account and Sales teams to develop pull through initiatives and assessments
  • Provide operational support in conjunction with the implementation of product launches and promotional pricing by creating agreement templates.
  • Communicate with National Account and Trade teams to understand customer needs and business opportunities.
  • Analyze brand sales potential within various markets such as Commercial, Medicare, Medicaid
  • Develop potential deal and no-deal scenarios for contract proposals
  • Track, measure and report contract performance and coverage by payer and markets
  • Work with leadership to identify and recommend potential product prescriber mixes based on reimbursement opportunities
  • Understand volume of product within the sales channel and potential impact on product returns
  • Responsible for contributions to and/or creations of standard operating procedures and the maintenance of those procedures.
  • Participate in process innovations to develop/identify procedural gaps, drive for improvements, efficiencies, achieve results and enhance customer relationships.
  • Ability to collaborate and work with individuals at all levels of the organization, including Finance, Marketing, Legal, Sales, and internal and external business associates.


Requirements

EDUCATION AND EXPERIENCE
  • BS/BA degree with a concentration in Science, Education, Business or Marketing is required.
  • Minimum of 5+ years of relevant Managed Care rebate contracts and pricing analysis experience in biotech or pharmaceutical fields is preferred.
  • Minimum of 5+ years of relevant marketing, finance or sales experience in the biotech or pharmaceuticals fields is preferred.
  • Requires expert knowledge and experience in data extraction, analysis and reporting over large datasets using tools such as Tableau, advanced skills in Excel and Access, visualization of quantitative business information, and understanding of third-party data sets such as IMS, SHA and MMIT.


About Us

THE COMPANY

Depomed is a leading specialty pharmaceutical company committed to putting the Patient First in everything we do; with a focus on enhancing the lives of patients, families, physicians, providers and in payors through commercialization of products in the areas of pain and neurology, and developing drugs in areas of unmet medical needs.

Depomed currently markets three medicines focused on neuropathic pain and migraine through its Neurology and Pain Business and has an emerging Specialty Business focused on orphan drug indications and areas of unmet medical need.

Depomed has a clear THREE PILLAR strategy for growth:

MAINTAIN a strong/profitable NUCYNTA franchise through a commercialization agreement with Collegium, GROW the Neurology and Pain Business and BUILD a new Specialty Business through a recent Cosyntropin transaction. The company's strategy is to continue to identify, license and develop new products-that offer enhanced therapeutic options to patient populations that may be underserved by existing therapies.

As part of the transformation strategy, Depomed has relocated its headquarters to Lake Forest, Illinois.

Depomed is an AA/EEO/Veterans/Disabled employer.