Associate Director, US Pricing

Job Description

The Associate Director, US Federal and State Pricing Initiatives, is responsible for monitoring external policy environment and conducting analysis of our Company’s pipeline, product launches and planned prices to determine needs for state transparency reporting, as well as providing relevant pricing information for required reports. The individual also has responsibility for customer and internal communications and works closely with several cross-functional teams including legal, PRT, compliance, field sales, IAM and policy colleagues.

Primary activities would include:

• Key contributor to cross functional state transparency reporting team including:

  • Monitor and evaluate policy environment for legislative, regulatory, or administrative changes that could impact our Company products.

  • Conduct analysis of US price planning to determine potential state transparency requirements for existing and new/proposed legislation by state.

  • Understand and communicate expected launch timing of pipeline products and assess impact on state transparency reporting.  

  • Creation of advance notices and required state transparency reporting, related internal communications, and gaining of approvals from commercial legal as required.

  • Responsible for implementation and creation of required state price disclosures in coordination with appropriate PRT review and legal teams. Business lead and job owner for price disclosure pages on our Company's Connect website. 

  • Monitor and analyze competitive pricing activity in support of price disclosure content.

  • Maintain necessary documentation (e.g. SOPs and working instructions) related to state price transparency workstreams.

• Budget responsibility for price disclosure and our Company's Connect promotional materials.

• Maintain and update annually rationale for approaches to new product pricing and annual percentage increases.

• Other duties in support of US regional pricing as assigned (pricing document development and support, etc.).

Education Minimum Requirement:

• BS degree in finance, marketing, analytic discipline, or other related field of study

Required Experience and Skills:

• 3+ years of commercial pharmaceutical experience in any of the following: finance, marketing, market research, market access or pricing

• Strong communication, consulting, and collaboration skills

• Strong analytic, project management and problem-solving skills

• Proficiency in Microsoft Excel and database management

Preferred Experience and Skills:

• Experience in a US Federal and/or State Policy or related role

• Experience with the US market, including understanding of various types of payers, pharmaceutical vs medical benefit, and government prices (e.g., Medicaid Best Price)

• Experience with Microsoft access and SQL

Location: Ability to work hybrid in UG or Rahway; up to 10% travel

NOTICE FOR INTERNAL APPLICANTS

In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.

If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.

Current Employees apply HERE

Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace.  All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics.  For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

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We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.

Learn more about your rights, including under California, Colorado and other US State Acts

U.S. Hybrid Work Model

Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.

The Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected US salary range:

Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed here.

San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully 
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. 

Employee Status:

Relocation:

VISA Sponsorship:

Travel Requirements:

Flexible Work Arrangements:

Shift:

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Hazardous Material(s):

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