Novo Nordisk is a global healthcare company with 89 years of innovation and leadership in diabetes care. The company also has leading positions within Haemophilia care, growth hormone therapy and hormone replacement therapy. Headquartered in Denmark, Novo Nordisk employs approximately 33,300 employees in 75 countries, and markets its products in more than 190 countries Novo Nordisk’s B shares are listed on NASDAQ OMX Copenhagen (Novo-B).
Post : Associate Business analyst /Business analyst
Key responsibilities:
-
Provide analytical and consulting services in designing, delivering and executing projects related to Pharmaceutical Pricing
Should be able to perform
Correlation analysis
Price sensitivity analysis
- High level of pricing analytics
- Pricing analysis based on competitor benchmarking
- Ensure superior customer satisfaction by delivering high end quality support to the stakeholders
- Develop and manage a robust business analytics platform (tools and processes) to support:
- Price optimization modelling
- Reference pricing impact analysis
- Business Case reviewing
- Provide robust pricing & contracting recommendations to senior management.
- Manages, monitors and optimises prices for in-line products in order to optimise value of portfolio
- Share insights with the stakeholders as a result of the analyses
- Complete ownership of the deliverables from end-to-end with a mind-set of ‘continuous improvement’ and share recommendations with the manager
- Drive pilot projects, track & monitor progress and ensure future stabilisation
Main job tasks:
- Use strong quantitative and analytic abilities to integrate and analyse Pharma pricing-related data
- Processing various data files into useful analyses for stakeholders
- Ad hoc reporting activities and participation in Pricing projects
- Support the development of brand pricing strategies by seeking most recent data and updating files and analyses of competitive landscape for review with senior leadership
- Develop custom analysis tools in a variety of programming languages and applications such as Advanced Excel, VBA, PowerPoint, Access & SAP system (Business Warehouse and/or Business Objects) and IMS databases (MIDAS)
- Conduct quality check of various reports and analysis related to Pricing
- Ensure documentation is recorded and maintained to deliver high quality projects
- Prepare presentations and participate in meetings to deliver results and make recommendations
- Get involved in projects on departmental systems, global and regional pricing issues, as well as brand / therapeutic class related issues
- Develop expertise / know-how on pricing opportunities and challenges related to dose range, formulation, packaging, expansion of indications, patent expiry
- Generate clear, concise and business relevant reports
- Independently execute tasks/projects with minimal supervision
- Develop and manage a robust business analytics platform (tools and processes) to support price optimization modelling, business case reviewing and reference pricing impact analysis.
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Hands on experience on below
International Price Referencing Model (IP Model)
Pricing & Reimbursement Database (PRDB)
Global Reimbursement Tracker
Price Approval Tracker
Tender Management Tool
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Candidate Profile :
- Master’s Degree (preferably within quantitative/management discipline) from a well-recognized institute
- Under-graduate degree in Pharma (B. Pharm), Science/Biotechnology (BSc), Engineering (B. Tech)
- Good academic track records and grades
- Plus: Knowledge of statistics tools
- 3+ years of experience in Pharma industry especially in Pharma Pricing. Consulting experience would be a plus.
- Ability to translate business problems into most efficient and effective analysis plan; execute the analysis including data pull, data preparation
- Ability to collaborate and communicate with different stakeholders, primarily with internal stakeholders, customers, vendors, consultants and project teams.
- Strong strategic and analytical capabilities, with demonstrated experience in analysing complex situations, collecting data, effectively synthesizing the analytics/data to form a complete, cohesive picture in a Pricing environment
- Solid project management and relationship builder skills in order to overcome complex and multidimensional business challenges
Technical skills – Must have: Advanced level knowledge of Advanced Excel, VBA & PowerPoint. Knowledge of statistical tools. Working level knowledge of IMS MIDAS database. Knowledge of SAP (Business Warehouse or Business Objects) Plus: Knowledge of tableau
Additional info:
Qualification: M.Sc., M.Pharm.
Location:karnataka, Bangalore
Job Type: Full Time
Industry type: Research & Development
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