Job Description
General Summary:
The Operations Pricing & Analytics Associate Director leads sophisticated analyses develops financial models and generates insights to address strategic questions business cases and government policy changes for a portfolio of commercial assets.
Key Duties and Responsibilities:
Builds improves and manages best-in-class models (i.e; GTN forecast) for commercial assets in the Vertex portfolio Generates insights and leads complex analyses to address strategic questions business cases government policy changes in the industry and innovative reimbursement approaches such as value-based agreements throughout product lifecycle Provides a high degree of support for the monthly and annual forecasting process focusing on the current year and the following year and project net revenue by modeling numerous underlying GTN drivers ensuring quality of output and recommendations as well as timeliness and business relevance of decision support deliverablesDelivers robust quantitative forecast assessments of managed care segment discount mix with clear articulation of the key drivers sensitivities risks and opportunities and materials for quarterly earnings callsProvides support for the annual long-range planning (LRP) process which plays a key role in strategic and tactical planning. The LRP process requires substantial cross-functional collaboration to collect and integrate inputs across all current and future marketsIntegrates relevant pricing and utilization data and information from various sources and databases to develop business case analysis reporting scorecards etc.Works collaboratively with stakeholders including but not limited to Market Access Public Affairs Commercial Legal US Sales & Marketing Global Pricing & Market Access FP&A Commercial Sales Operations and Forecasting Accounting etc. to ensure transparency and collaboration across key decisionsKnowledge and Skills:
Prior experience in developing short and long term commercial forecasts GTN models pricing and contracting break-even analysisExcellent working knowledge of the evolving pricing & reimbursement dynamics and health system environment for specialty rare and transformative therapies such as cell and gene therapyTrack record of producing insights and analysis based on Government Pricing (i.e; Medicaid Medicare 340B) data sets and communicating impacts and sensitivity analysis to senior managementDemonstrated understanding of contracting with PBMs trade & distribution partners and strategies for value-driven pricing and reimbursementsWorking knowledge and familiarity of syndicated Market Access databases (IQVIA MMIT etc.)Exposure and understanding of financial systems (such as Oracle Hyperion SAP etc.)Experienced in complex Excel modeling and executing on PowerPoint presentations for senior managementProficient in analyzing large data sets such as transactional or claims data using a statistical analysis software package (e.g. SAS or equivalent) or SQL interfaceStrong analytical and business acumen: intellectual curiosity motivation and ability to structure problems diagnose issues and triangulate with multiple approaches while keeping sight of the big pictureExcellent communication and presentation skills to influence and collaborate with a diverse stakeholder community to achieve actionable and timely results through establishing strong and sustainable relationshipsEducation and Experience:
Bachelors degree in a quantitative discipline required (e.g. Engineering Statistics Economics Finance). Typically requires 8 years of progressive experience in forecasting market access or finance or the equivalent combination of education and experiencePay Range:
$164000 - $246000
Disclosure Statement:
The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors including skills competencies experience and other job-related factors permitted by law.
At Vertex our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career financial family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter) educational assistance programs including student loan repayment a generous commuting subsidy matching charitable donations 401(k) and so much more.
Flex Designation:
Hybrid-Eligible Or On-Site Eligible
Flex Eligibility Status:
In this Hybrid-Eligible role you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. On-Site: work five days per week on-site with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertexs Policy on Flex @ Vertex Program and may be changed at any time.
#LI-Hybrid
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.
Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a persons race color sex gender identity or expression age religion national origin ancestry ethnicity disability veteran status genetic information sexual orientation marital status or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager or contact Talent Acquisition at