Senior Manager, Government Pricing

Who we are

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

The opportunity

The Sr. Manager, Government Pricing is expected to be a subject matter expert on all price calculations and relevant government legislation. The Sr. Manager will act as a liaison with Generic business units to offer go-forward projections of government pricing and IRA inflation rebates. Other core responsibilities include modeling financial impacts to support contracting decisions, innovative strategies, price changes, and legislative changes with respect to government pricing on key generics. The Sr. Manager is expected to ensure data compliance of gov’t price calculations by managing reconciliations of data interfacing to Teva’s GP system. This position will report to the Sr. Director – Government Pricing & Compliance.

How you’ll spend your day

Major duties and responsibilities required to achieve the position’s objectives and be successful in the Sr. Manager, Government Pricing role.                                        
        
•    Consult with business units to stay current on current contract terms, pricing strategies, and proposals for key generics. Calculate and communicate financial impacts related to gov’t price changes on Teva’s key generics. Modeling may be required to offer insight into the impacts of audit findings, proposed pricing actions, legislative/policy changes, customer Class of Trade changes, etc. – GP Financial Impacts        
•    Forecast and communicate projected AMP, Best Price, CPI penalty, and the Federal URA for key generic products.  Provide expertise and guidance on Medicaid URA and PHS/Apexus pricing. – Forecasting        
•    Address data issues evidenced upon interface into GP’s Model N calculation module. Manage monthly data reconciliations in advance of gov’t price calculations to ensure calculations will be based on a complete dataset. – System Data Reconciliation        
•    Manage modeling efforts of IRA inflation rebates to support rebate invoice verification, GTN forecasting, and Brand & Generic Pricing analyses. – IRA Inflation Rebates        
•    Develop regular communications to Government Pricing team’s internal stakeholders to address hot topics, concern areas, and recent trends with respect to government pricing. – GP Newsletter
        

Your experience and qualifications

Any equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.

Education:   Bachelor’s Degree required; Focus in Mathematics, Finance, or related business discipline highly preferred; MBA preferred

Years of experience required:
•    Minimum 5 years of experience in the pharmaceutical industry
•    Minimum 3 years of experience within government pricing.

Specific type of experience required:
•    Demonstrated broad knowledge of the pharmaceutical industry.
•    Strong understanding of the regulatory requirements as it pertains to contracting, third-party payers, and the government pricing environment.
•    Knowledge of U.S. Government pricing statutes and regulations including knowledge of OBRA 90, OBRA 93, Deficit Reduction Act, VA Healthcare Act, the Medicare Modernization Act, the Patient Protection and Affordable Care Act, and the Inflation Reduction Act.
•    Strong financial analysis skills including extensive familiarity with Microsoft Excel.
•    Ability to prepare and present results to senior management.
•    Strong interpersonal skills with ability to collaborate across business units and functional areas.
•    Excellent attention to detail, as well as organizational, planning, and written/verbal communication skills.
                                                            
Specific type of experience preferred:
•    Pharmaceutical generic pricing/contracting experience
•    Forecasting and predictive modeling experience, within government pricing is a plus. 
    
Skills/Knowledge/Abilities:
•    Knows and uses strong planning and organizing skills and practices.
•    Able to work well independently and as a member of a team.
•    Able to prioritize competing and time sensitive tasks.
•    Uses clear, proactive and concise written and verbal communication.
•    Able to effectively communicate complex financial concepts to team members.  
•    Demonstrates appropriate judgment and ability to make decisions.
•    Professional in image, behavior and high standards of performance.
•    Establishes strong relationships with internal and external customers as appropriate.
•    Overcomes barriers to establish successful relationships.
•    Understands gross to net sales variables and gross margin analysis.
•    Demonstrates strong understanding of product discounts including cash discounts, rebates, Medicaid programs, trade discounts and federal discounts.
•    Strong analytical skills. Comfortable analyzing large data sets. 
•    Innovative thinker with a desire for continuous learning.
•    Intellectual curiosity to go beyond the numbers/bring strategic ideas and insights.
•    Highly skilled in Microsoft Excel and well versed in Data and Query tools.

Compensation Data

The annual starting salary for this position is between $136,000 – $170,000 annually.  Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

How We’ll Take Care of You 

At Teva, better health starts from within, and that includes you. From day one, you’ll be supported with benefits designed to help you thrive in and out of work. This includes generous annual leave, reward plans, flexible working schedules (dependent on role), access to tailored health support, and meaningful ways to give back to the community.  

When it comes to your career, you’ll be encouraged to explore, evolve, and shape your path. Twist, our one-stop shop for career development platform, gives you access to a wide range of possibilities, from learning programs and short-term projects to opportunities for internal growth. Here, you’ll be part of a culture that empowers you to reach your goals and prioritize your wellbeing every step of the way. 

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.   

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.  

Important notice to Employment Agencies - Please Read Carefully  

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies 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.