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Associate Director, Global Market Access, Innovative Financing Strategy and Analytics

Job Description

Our Market Access team monitors population demographics and develop solutions to give patients access to our medicines. We act as both educators and advocates for our products, processes, and practices that help us revolutionize how our medicines create value in society.  

Innovative Financing Strategy and Analytics:  In concert with HQ-based or country/region-based Market Access Teams, Franchise teams, CORE, Policy and others, work collaboratively to develop innovative financing strategies and solutions, including the following:

  • Development of a global strategy on innovative financing designed to address customers’ affordability concerns regarding our key strategic brands, that is aligned with our continued value demonstration for those brands

  • Evaluate the financial, commercial, and reputational feasibility of potential innovative financing pilots, and work with the organization to implement as appropriate

  • Serve as subject matter expert in the area of innovative financing, providing consulting to franchises, geographies, and global management as needed

  • Develop capabilities such as best practices, tools and processes to evaluate and track innovative financing programs both within and outside of the company, and continuously update strategy and implementation as appropriate

Develop a Global COE for Innovative Financing Excellence:  Develop, expand and refine our company's institutional knowledge of innovative financing approaches, implementation excellence, and business impacts.

  • Become recognized as an internal expert on Innovative Financing

  • Leverage capabilities to complete financial modeling, track and evaluate implemented approaches

  • Partner with Finance, external vendors, and others to implement key pilots, capture appropriate data, and calculate measures designed to evaluate success and scalability

Additional responsibilities may include:  Performing analytical and modeling projects in support of market access and pricing needs.  Provide relevant and actionable information, insights, and recommendations to global cross-functional teams at all levels of the business.  Support international business decision making and shape our company’s value propositions to customers.  Specifically, the incumbent’s responsibilities may include,

  • Evaluating price actions from a financial and competitive perspective, and analyzing retrospective pricing/contracting decisions at country/region level

  • Generating and communicating insights based on analyses leading to meaningful business outcomes

  • Supporting analytic needs of Regional and Franchise Pricing and Market Access teams

Education Minimum Requirements:

  • Required:  BA/BS

  • Preferred:  MS or MBA

Required Experience and Skills:

  • Minimum of (5) years in Pharmaceutical Marketing or Sales, Pricing, Reimbursement or Access, or Finance

​Preferred Experience and Skills:

  • Prior experience in health insurance industry, healthcare finance, or healthcare consulting in the area of value-based contracting, portfolio contracting, and/or innovative financing.

  • Strong Conceptual & Analytical Thinking Skills – needed to identify and develop innovative solutions and to efficiently distill lessons learned from actual experience

  • Communication & Influence – solicits ideas for improvement and engages stakeholders and employees in developing plans. Excellent executive presentation and communications skills are needed

  • Collaboration - must be able to collaborate with country, regional, & global colleagues on both strategic and tactical levels

  • Strong Project Management Skills – proven ability to manage diverse range of projects and competing priorities and effectively manage a cross-functional team

  • Demonstrated Planning and Execution Capability

  • Quantitative Skills - Demonstrated quantitative ability, including facility with Excel and generally high level of financial acumen

Our Human Health Division maintains a “patient first, profits later” ideology. The organization is comprised of sales, marketing, market access, digital analytics and commercial professionals who are passionate about their role in bringing our medicines to our customers worldwide.  

Who we are …

Merck & Co., Inc., Kenilworth, New Jersey, USA is known as “Merck” in the United States, Canada & Puerto Rico. We are known as “MSD” in Europe, Middle East, Africa, Latin America & Asia Pacific. We are a global biopharmaceutical leader with a diverse portfolio of prescription medicines, oncology, vaccines and animal health products.

We are driven by our purpose to develop and deliver innovative products that save and improve lives. With 69,000 employees operating in more than 140 countries, we offer state of the art laboratories, plants and offices that are designed to Inspire our employees as we learn, develop and grow in our careers. We are proud of our 125 years of service to humanity and continue to be one of the world’s biggest investors in Research & Development.

What we look for …

In a world of rapid innovation, we seek brave Inventors who want to make an Impact in all aspects of our business, enabling breakthroughs that will affect generations to come. We encourage you to bring your disruptive thinking, collaborative spirit and diverse perspective to our organization. Together we will continue Inventing For Life, Impacting Lives while Inspiring Your Career Growth.

INVENT.

IMPACT.

INSPIRE.

HHLS2020

US and Puerto Rico Residents Only:

If you need an accommodation for the application process please email us at staffingaadar@msd.com
For more information about personal rights under Equal Employment Opportunity, visit:

EEOC Poster

EEOC GINA Supplement​

OFCCP EEO Supplement

OFCCP Pay Transparency Rule

We are an equal opportunity employer, Minority/Female/Disability/Veteran – proudly embracing diversity in all of its manifestations.

Search Firm Representatives Please Read Carefully 
Merck & Co., Inc., Kenilworth, NJ, USA, also known as Merck Sharp & Dohme Corp., Kenilworth, 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:

Regular

Relocation:

No relocation

VISA Sponsorship:

No

Travel Requirements:

25%

Flexible Work Arrangements:

Not Specified

Shift:

1st - Day

Valid Driving License:

No

Hazardous Material(s):

Number of Openings:

1

Requisition ID:R75503

Associate Director, Global Market Access, Innovative Financing Strategy and Analytics

Kenilworth, NJ
Full Time

Published on 10/14/2020