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Associate Director, Global Pricing Vaccines
Associate Director, Global Pricing Vaccines-May 2024
May 2, 2026
ABOUT MERCK
Merck enables a safe, sustainable and healthy future for people and communities everywhere...
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Healthcare
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About Associate Director, Global Pricing Vaccines

  Job Description

  The Associate Director manages the pricing strategy for assigned vaccines, manages overall vaccine pricing for assigned regions, and is the business owner for key vaccines pricing dashboards and databases. For assigned vaccines, the AD will manage each price request and make recommendations that align with strategy and maximize profitability. For assigned regions, the AD will make pricing recommendations, conduct regional price analysis, and ensure local teams are trained on the pricing strategy and processes. The AD manages the vaccine pricing database and analytics tool and will conduct analysis and develop actionable insights based on a composite of inputs including historical pricing, demographics, competitive trends, financials, and access data. The AD will develop and communicate presentations and reports to commercial leaders based on the analysis to optimize critical decisions.

  The AD will interact with Global and Regional Pricing, Market Access, Global Franchises, Regional Operations, Finance, Information Technology, Manufacturing, Policy, Markets and other functions as required.

  Responsibilities include but are not limited to the following:

  Direct the assessment and updating of product pricing strategies for the Vaccine Franchise as requiredProvide guidance to these franchises to continually improve the revenue and profitability of in-line assets through a strategic evaluation of key events in the therapeutic space.Maintain and improve the Vaccines Pricing analytical tools, dashboards, and databaseAnalyze trends and data to optimize pricing and allocation decisionsIn line with Global Pricing SOPs, revise and secure approvals for pricing strategies to maximize profitability of the in-line portfolio in Vaccines.Assess price proposals and develop recommendations that seeks input & approval from franchise stakeholders, as defined by Global Pricing governanceEducate senior Global Pricing and GMAx leadership on the strategic imperatives of all brands within their purview.Train affiliates on interpretation and application of price strategies and price structure to ensure compliance with guidanceContributes to and/or steer strategic projects on an as needed basis to improve the overall pricing and reimbursement knowledge and skills of Global Pricing colleagues and the broader organizationDirect and collaborate with internal stakeholders on a day to day basis and manage engagements to completionDevelop an understanding of internal customer's prevailing business environment, current business strategies and challenges to the businessCollaboration with Cross Functional Teams to define engagement objectives, set key performance metrics and customize each engagement approach to maximize value for our company.Demonstrate flexibility and adaptability when presented with difficult scenariosTactfully and diplomatically negotiate to reach alignment and drive progress forward

  Education Minimum Requirements:

  Required: BA/BS in a business disciplinePreferred: Masters

  Required Experience:

  Minimum of (2) years combined Vaccines or Pharmaceutical or Healthcare industry experienceDemonstrated ability to conduct analysis, draw insights, present options and make a recommendationOne of the following:

  Global Pricing experience within vaccines or pharmaGlobal Market Access experience within vaccines or pharmaData Science experience in vaccines or pharmaExternal Pricing or Market Access ConsultantCommercial / Marketing / Finance / Payer experience within vaccines or pharmaExceptional demonstration of direction without formal authorityExceptional analytical skillsData management skillsPersuasive writing and speaking skills.Strong communication and presentation skillsProficient in MS Office (Outlook, Word, Excel, PowerPoint)Demonstrated flexibility and tenacityDemonstrated negotiation and influencing skillsAbility to be successful within a matrix organizationStrong understanding of financials

  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.

  Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.

  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:

  EEOC Know Your Rights

  EEOC GINA Supplement

  Pay Transparency Nondiscrimination

  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, generally Tuesday, Wednesday and either Monday or 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".

  Under New York State, Colorado State, Washington State, and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. 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 salary range:

  $135,500.00 - $213,400.00

  Available benefits include bonus eligibility, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. For Washington State Jobs, a summary of benefits is listed here.

  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:

  Regular

  Relocation:

  Domestic

  VISA Sponsorship:

  No

  Travel Requirements:

  25%

  Flexible Work Arrangements:

  Hybrid

  Shift:

  1st - Day

  Valid Driving License:

  No

  Hazardous Material(s):

  N/A

  Requisition ID:R270591

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