Bausch + Lomb - Director, Strategic Pricing

Date: Nov 25, 2022

Location: US-NJ-Bridgewater, New Jersey, US

Company: Bausch & Lomb

Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world—from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better. 

Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our nearly 170-year history. We have a significant global research, development, manufacturing and commercial footprint of approximately 12,500 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future. 

 

The Director, Strategic Pricing will lead the development of pricing strategies for in-line and launch products, monitor and assess government policy change and related business impact and have an oversight on government pricing.  This position will report to Executive Director, Strategic Pricing and Contracting of U.S. Ophthalmology. Responsibilities include but not limited to the key areas outlined below:   

 

Responsibilities

  • Lead pricing strategies and manage all the activities relating to pricing such as annual price action, new product launch pricing proposal, and pricing and payer research.
  • Collaborate with finance and cross functional teams on annual budget, forecast and gross-to-net assumptions.
  • Develop and maintain a pricing report and other relevant pricing reports.
  • Work closely with contracting team to ensure best price or any pricing impact is properly captured in our contracting development to achieve gross-to-net optimization.
  • Ensure compliance with all governmental regulations, reporting requirements and state and federal laws.
  • Monitor, understand and assess potential business impacts of federal policy changes across our portfolio; track and maintain a list of relevant Risks & Ops.
  • Support B&L Pricing Committee (prepare agenda, develop presentations for leadership review and guide the preparation of requisite documentation to achieve cross company approval of strategic pricing decisions)
  • Think strategically and develop new reports that are relevant to access, pricing, reimbursement and contracting space by leveraging data and digital tool.

 

Qualifications

  • Bachelor’s degree in finance, Economics, or other critical thinking major; advanced business degree (MBA) preferred.
  • 5 to 10 years’ experience in the U.S. pharmaceutical industry with an emphasis in finance or strategic/product functions with a minimum of 2 to 3 years in pricing or contracting; experience in contract negotiation and account management desirable.
  • Ability to lead others collaboratively including account management, brand management, strategic planning, legal, finance and other key stakeholders.
  • Clear, implementable understanding of health economics, financial analysis and return on investment.
  • Applies appropriate interpersonal styles and communications methods to influence and build effective relationships with business partners (peers, functional partners, external vendors and alliance partners) typically senior management.
  • Analyzes and uses qualitative and quantitative data and incorporates understanding into decision criteria.
  • Able to effectively manage competing priorities with strong sense of urgency.
  • Understands and utilizes economic, financial, and industrial data to accurately diagnose business strengths and weaknesses, as well as able to analyze and act on threats and business opportunities.

 

Comprehensive Benefits

We recognize your physical, financial, and emotional wellbeing is a significant part of what allows you to be successful at work and at home. Our generous benefits package includes:

  • Medical, Dental, and Vision Coverage
  • Flexible Spending Account (FSA)
  • Life Insurance
  • 401(k) Savings Plan
  • Employee Stock Purchase Plan
  • Employee Assistance Plan (EAP)
  • Parental Leave Program
  • Free Bausch + Lomb Contact Lenses
  • Group Legal Services
  • Education Assistance Program
  • Adoption Benefits

 

Learn more at www.bausch.com

  

 

This position may be available in the following location(s): US - Bridgewater, NJ

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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To learn more please read Bausch+Lomb's Job Offer Fraud Statement.