Associate Director - Pricing

Covance Inc Located in: Princeton,  New Jersey
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Covance Inc Biotechnology Jobs Pharmaceutical Careers
 

JOB DESCRIPTION

Covance is currently seeking an Associate Director - Pricing in Princeton, NJ.

The Associate Director - Pricing will:
Directly or indirectly manage a team of 7-15 pricing analysts and assist with workload management and assignment career development, performance management, training and mentoring.
•Determine work assignments and prioritization
•Overseeing and developing the pricing of clinical trials utilizing a proprietary pricing model as well as other tools and analytical techniques to support data-driven decision making.
•Actively participate in the development of new tools and pricing models
• Conduct quality reviews of pricing team’s budgetary outputs and associated deliverables.
• Act as an escalation point for the team.
• Manage the interplay between various internal functions in order to drive expeditious and high quality pricing output that requires input from a variety of internal functions.
• Lead and support external client discussions related to pricing.
• Evaluate relevant programs and benchmarks to inform recommendations for pricing and structures and models.
• Ensuring appropriate stakeholders are informed and approvals obtained.
• Align pricing model details to clients’ expectations based upon operational expertise.
• Actively participate in the setting, review, and revision of optimal pricing guidelines, parameters, and best practices.
• Analysis of all pricing activities including discounts, allowances, pricing and commercial strategies, and contract price and develop recommendations to improve profitability.
• Create and manage against metric based indicators to ensure the group is driving profitable business growth.

ABOUT US:
Covance, the drug development business of Laboratory Corporation of America Holdings (LabCorp), is the world’s most comprehensive drug development company. Because of our broad experience and specialized expertise, we’re in a unique position to supply insights that go above and beyond testing -- We have helped pharmaceutical and biotech companies develop each of the top 50 prescription drugs in the marketplace today.

We also offer laboratory testing services to the chemical, agrochemical and food industries and are a market leader in toxicology services, central laboratory services, discovery services, and a top global provider of Phase III clinical trial management services.

Together with our clients, we create solutions that transform potential into reality.

BENEFITS:
Covance hires the best of the best and we want to ensure that you are not just satisfied – but excited to work for Covance. To do that, we offer a competitive pay structure, outstanding benefits that include 21 days of paid time off annually; tuition reimbursement to increase your knowledge and skillset; a matching 401k plan to help with your retirement goals; outstanding medical/dental/vision insurance; disability, life insurance and much more.

In addition, Covance partners with our local communities on various projects and events that will make a difference where you live.

CRITICAL REQUIREMENTS

COMPANY INFORMATION

Covance Inc. is proud to be the only drug development company with a full range of research and development services—from lead optimization, to commercialization and life cycle management. Covance, headquartered in Princeton, NJ, is the drug development business of LabCorp with global operations in more than 30 countries.

JOB INFORMATION

Seniority Level:
Director / VP
Function:
 
Preferred Industry Background:
 
Managing a team of:
N/A
Required Travel:

Base Salary:
Confidential
Bonus:
Benefits:
Other Compensation: