Executive Director, Head of Global Pricing

BioMarin Pharmaceutical Inc.; London; Hybrid; GBP 200,000 +; Full time

Job description

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Description

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best - people with the right technical expertise and a relentless drive to solve real problems - and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

About Commercial

Our Commercial organization leads our global sales and marketing strategies around the world. Our integrated team continues to solidify BioMarin's commercial presence in the United States and Europe and is rapidly growing in other regions, such as Latin America, the Middle East and Asia-Pacific.

Job Summary

The Head of Global Pricing for BioMarin will lead a team of pricing experts utilizing their collective expertise in pricing analytics, healthcare systems, innovative pricing models and international pricing regulations to develop and govern Global pricing strategies. The Head of Global Pricing will work in collaboration with our Global Access Leads, US Leads and other internal Commercial business partners and in alignment with our company's global access and corporate objectives. The selected candidate will support the implementation of such strategies by Country Access Teams. The role will be crucial in driving our mission to make life-changing therapies accessible to patients worldwide at prices that represent their value appropriately and that enable us to develop future groundbreaking medicines.

Key Responsibilities

Develop Pricing Strategies:

• Collaborate with Global Access Leads to develop and refine pricing strategies that support our global access goals.
• Ensure alignment of pricing strategies with the overall business objectives and market conditions.

Analytics and Insights:

• Conduct in-depth pricing analytics to understand market dynamics and competitive landscape that allow us to set up prices for our medicines in alignment with their value to patients, healthcare professionals and healthcare systems around the world.
• Develop and implement pricing models to forecast and optimize pricing outcomes.
• Monitor and analyze pricing performance to identify opportunities for improvement.
• Develop and utilize models for IRP, tender planning and gross to net monitoring and governance.
• Provide input assumptions and insights in support of launch sequence planning and business development (BD) efforts.

Governance and Compliance:

• Establish and manage pricing governance frameworks to ensure compliance with internal policies and external regulations.
• Implement robust processes to ensure pricing decisions are well-documented and auditable.
• Work with legal and compliance teams to navigate regulatory requirements and challenges.

Supporting Country Access Leads:

• Provide guidance and support to Country Access Leads in the implementation of global pricing strategies, value-based pricing and other innovative pricing models.
• Facilitate knowledge sharing and best practice dissemination across markets.
• Ensure pricing strategies are adapted to local market conditions while maintaining global consistency.

Stakeholder Collaboration:

• Foster strong relationships with key stakeholders including Global Access Leads, Country Access Leads, marketing teams, and senior management.
• Engage with external stakeholders such as payers, healthcare providers, and industry associations to understand market needs and advocate for appropriate pricing strategies.

Reporting and Communication:

• Prepare and present pricing reports and insights to senior management and other stakeholders.
• Communicate pricing strategies and rationales effectively across the organization.

Qualifications:

• Advanced degree in Business, Economics, Finance, or a related field.
• Proven experience in pricing strategy from either within a biotech or pharmaceutical company or a consultancy supporting a biotech or pharmaceutical company.
• Strong analytical and quantitative skills with the ability to interpret complex data sets.
• Excellent understanding of global market dynamics and regulatory environments.
• Demonstrated experience in governance and compliance within a pricing context.
• Exceptional communication and stakeholder management skills.
• Ability to lead and influence cross-functional teams.

Personal Attributes:

• Strategic thinker with a proactive approach to problem-solving.
• Detail-oriented and highly organized.
• Collaborative team player with strong interpersonal skills and multi-cultural awareness.
• Ability to thrive in a fast-paced and dynamic environment and to work across different time zones, cultures, languages and geographies.
• Experienced negotiator with strong persuasion skills.

Team management and Leadership:

• Manage a team of pricing experts ensuring high performance, their professional development and job satisfaction.
• Maintain team motivation and a culture of recognition and accountability.

Workstyle - Hybrid:

• Hybrid requires being on site in London, 2x each week. Onsite days are typically Wednesdays & another day of choice.

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.