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Associate Director of Commercial Pricing and Contract Strategy

Padagis

Minneapolis, MNFull-time$11.41/hrSeen 3w agoSeen in employer's feed 1 day ago

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At a glance

Compensation
$11.41/hr
Location
Minneapolis, MN
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The Associate Director of Commercial Pricing leads the development and execution of pricing strategies to maximize revenue and market competitiveness, ensuring regulatory compliance while collaborating with sales and marketing to design promotional structures and drive growth in the generic pharmaceutical market.

Skills & qualifications

RequiredNice to have

Skills

Advanced ExcelPricing ToolsAnalytics SoftwarePredictive ModelingStrong Analytical SkillsCommunicationStakeholder Management

Qualifications

Bachelor's Degree in Business, Finance, Economics or Related Field8-10 Years Pricing Finance or Related Experience in Pharmaceutical IndustryMBAGeneric Pharmaceuticals ExperienceERP Systems Experience

Full job description

Job Duties

Description

The Associate Director of Commercial Pricing is a critical leadership role responsible for developing and executing pricing strategies that maximize revenue, optimize market competitiveness, and align with Padagis' commercial objectives. This position will play a key role in helping the business achieve sustainable growth while ensuring alignment with industry regulations and market realities.

The ideal candidate will possess a deep understanding of the generic pharmaceutical market, exceptional analytical skills, and the ability to thrive in a fast-paced and complex environment. This role offers an opportunity to shape pricing strategies in a highly competitive market and directly influence the success of the company.

Job duties:

Pricing Strategy Development: Develop and implement competitive pricing strategies for the company's product portfolio, ensuring alignment with business goals, market trends, and regulatory requirements.

Market & Competitive Analysis: Monitor and analyze market dynamics, competitor activities, and pricing behaviors to identify opportunities and mitigate risks.

Revenue Optimization: Lead pricing initiatives to enhance profitability while balancing customer satisfaction and long-term growth objectives.

Collaboration with Sales and Marketing: Partner with Sales and Marketing teams to design promotional pricing structures, volume-based discounts, or customer-specific contracts tailored to business needs.

Data-Driven Decision Making: Utilize advanced analytics and predictive modeling to establish pricing forecasts and provide actionable insights to guide business decisions.

Compliance Assurance: Ensure all pricing activities adhere to regulatory standards and legal requirements within the generic pharmaceutical industry.

Required qualifications:

Bachelor's degree in Business, Finance, Economics, or a related field.

8-10 years of experience in pricing, finance, or related roles, with at least 5 years in the pharmaceutical industry.

Proven track record of developing successful pricing strategies and achieving revenue objectives.

Demonstrated expertise in generic pricing models and key external and internal price points (e.g. AWP, WAC, contract price, dead net, fees, and rebates), as well as typical large customer expectations / structures for pricing models.

In-depth knowledge of the pharmaceutical market, including competitive intelligence, channel dynamics, and payer landscape.

Strong analytical skills; proficiency in advanced Excel, pricing tools, and analytics software.

Exceptional communication and stakeholder management skills with the ability to influence at all organizational levels.

Demonstrated ability to manage multiple priorities in a dynamic, fast-paced environment.

Ability to develop and implement long-term pricing strategies that align with organizational goals.

Exceptional ability to leverage data and analytics for insight-driven pricing decisions.

Strong understanding of the generic pharma market and its competitive landscape.

Proven ability to work effectively across departments and build stakeholder alignment.

Capability to troubleshoot complex pricing challenges and navigate ambiguous situations.

Understanding of customer needs and the ability to balance customer satisfaction with business objectives.

Knowledge of compliance requirements within the generic pharma industry.

Preferred qualifications:

MBA

Generic pharmaceuticals experience

Experience with ERP systems

Padagis key competencies:

Since its beginning, Padagis has been undergoing the process of identifying what we believe will lead to the success of our organization in a competitive landscape. To that end, we have developed a set of five "core" competencies. We strive to bring employees on board the journey with us who exemplify these key competencies:

Service delivery - Understand who your internal and external customers are, identify their needs, and deliver value above their expectations...

Active collaboration - Seek opportunities to work together across teams, function, business units, and geographies to seek success...

Demonstrate agility - Proactively identify changes in our environment and act quickly, leading or embracing change...

Think differently - Create, develop, and implement new ideas, products, services, or processes that involve introducing something new or significantly improving something that already exists...

Excellent execution - Achieve outstanding results in all aspects of our organization, including our culture, leadership, strategy, and processes...

About Us:

At Padagis our focus is on health care products that improve people's lives. We are a market-leading generic prescription pharmaceutical company that specializes in "extended topical" medications, like creams, foams, mousses, gels, liquids and inhalable products. It's a great time to join our team because we have a high growth trajectory with now more than 1,300 employees across six locations in the United States and Israel. We've already established a successful track record of launching first-to-file and first-to-market generic pharmaceutical products that have helped to make prescription products more affordable for patients and reduce costs for the healthcare system. Our team members work in a dynamic environment where opportunity is built on a foundation of honesty and transparency. Please consider joining our team where great things are happening and you can make a difference.

What's Next:

At Padagis a real recruiter AND the hiring manager will review your application, not just a bot. This means we pay special attention to each application submitted for the position. While it could take a couple of days for us to get back with you, please know that we appreciate you applying for the open position and ask that you monitor your email for updates.

Qualifications

Education

Bachelors of Business Administration (required)

Experience

8 - 10 years: Pricing, finance, or related experience in pharmaceutical industry (required)

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Minimum Education Required

Bachelor Degree

Minimum Experience Required

8 - 10 years

Shift

First (Day)

Number of Openings

1

Public Transportation Accessible

Yes

Veterans Encouraged to Apply

No

Physical Required

Yes

Drug Test Required

Yes

Compensation

$11.41 / Hourly

Postal Code

55407

Job Type

Full Time

Place of Work

On-site

Requisition ID

ASSOC001978

Job Benefits

Not specified

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