What are the responsibilities and job description for the Bausch + Lomb Ophthalmology Rx position at Bausch + Lomb?
Bausch Lomb Companies Inc. (NYSE/TSX: BHC) is a global company that develops, manufactures and markets a range of pharmaceutical, medical device and over-the-counter products, primarily in the therapeutic areas of eye health, gastroenterology and dermatology. We are delivering on our commitments as we build an innovative company dedicated to advancing global health. Each day, Bausch Lomb products are used by over 150 million people around the world.
Our approximately 21,000 employees are united around our mission of improving people’s lives with our health care products, and we manufacture and market health care products directly or indirectly in approximately 100 countries.
Bausch Lomb is one of the best-known and most respected healthcare brands in the world, offering the widest and finest range of eye health products including contact lenses and lens care products, pharmaceuticals, intraocular lenses and other eye surgery products.The company is solely 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.
The Executive Director, Strategic Pricing & Contracting will lead the development of company policy and portfolio commercial pricing and contracting strategies for in-line and launch products, including pre- and post-deal contracting analytics and contract development. This position will report to the Senior Vice President/General Manager of U.S. Ophthalmology.
Responsibilities
Develop strategic contracting options to optimize the net profitability of individual brands and the portfolio of company products across all market segments. Ensure that strategies are integrated into and aligned with brand profitability objectives.
Lead the interface with brand teams and key cross-functional stakeholders to create product specific pricing and contracting strategies and manage all activities relating to senior management approval and tactical implementation of these strategies.
Monitor the success of pricing and contracting strategies through defined performance measurement techniques and adapt strategies as needed.
Develop strong relationships with counterparts in senior leadership, account management, brands, business development and life cycle management, and other cross-functional stakeholders.
Develop presentations for leadership review and guide the preparation of requisite financial documentation to achieve cross company approval of strategic pricing and contracting decisions.
This position will also serve as the internal lead for reviewing and analyzing any potential impacts of Federal policy changes across the B L U.S. pharmaceutical portfolio.
Ensure compliance with all governmental regulations, state and federal laws, and Valeant policies and procedures.
Qualifications
Bachelors degree. Masters preferred.
10 years of experience in the U.S. pharmaceutical industry with an emphasis in finance or strategic/product functions with a minimum of 5 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 (e.g., 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
Learn more at www.bausch.com
This position may be available in the following location(s): Bridgewater, New Jersey
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.
Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.
Our approximately 21,000 employees are united around our mission of improving people’s lives with our health care products, and we manufacture and market health care products directly or indirectly in approximately 100 countries.
Bausch Lomb is one of the best-known and most respected healthcare brands in the world, offering the widest and finest range of eye health products including contact lenses and lens care products, pharmaceuticals, intraocular lenses and other eye surgery products.The company is solely 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.
The Executive Director, Strategic Pricing & Contracting will lead the development of company policy and portfolio commercial pricing and contracting strategies for in-line and launch products, including pre- and post-deal contracting analytics and contract development. This position will report to the Senior Vice President/General Manager of U.S. Ophthalmology.
Responsibilities
Develop strategic contracting options to optimize the net profitability of individual brands and the portfolio of company products across all market segments. Ensure that strategies are integrated into and aligned with brand profitability objectives.
Lead the interface with brand teams and key cross-functional stakeholders to create product specific pricing and contracting strategies and manage all activities relating to senior management approval and tactical implementation of these strategies.
Monitor the success of pricing and contracting strategies through defined performance measurement techniques and adapt strategies as needed.
Develop strong relationships with counterparts in senior leadership, account management, brands, business development and life cycle management, and other cross-functional stakeholders.
Develop presentations for leadership review and guide the preparation of requisite financial documentation to achieve cross company approval of strategic pricing and contracting decisions.
This position will also serve as the internal lead for reviewing and analyzing any potential impacts of Federal policy changes across the B L U.S. pharmaceutical portfolio.
Ensure compliance with all governmental regulations, state and federal laws, and Valeant policies and procedures.
Qualifications
Bachelors degree. Masters preferred.
10 years of experience in the U.S. pharmaceutical industry with an emphasis in finance or strategic/product functions with a minimum of 5 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 (e.g., 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
Learn more at www.bausch.com
This position may be available in the following location(s): Bridgewater, New Jersey
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.
Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.
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