Pricing Operations & Data Solutions Lead

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Job Description

The Future Begins Here

At Takeda, we are leading digital evolution and global transformation. By building innovative solutions and future-ready capabilities, we are meeting the need of patients, our people, and the planet.

Bengaluru, the city, which is India’s epicenter of Innovation, has been selected to be home to Takeda’s recently launched Innovation Capability Center. We invite you to join our digital transformation journey. In this role, you will have the opportunity to boost your skills and become the heart of an innovative engine that is contributing to global impact and improvement.  

At Takeda’s ICC we Unite in Diversity

Takeda is committed to creating an inclusive and collaborative workplace, where individuals are recognized for their backgrounds and abilities they bring to our company. We are continuously improving our collaborators journey in Takeda, and we welcome applications from all qualified candidates. Here, you will feel welcomed, respected, and valued as an important contributor to our diverse team.

OBJECTIVES/PURPOSE

• The Pricing Operations & Data Solutions Lead will help establish a global price governance and pricing data solutions presence in ICC Bangalore. This will involve working closely with stakeholders across different teams and functions (pricing, finance, pricing platform vendor, DD&T, etc.)
• The role will provide strategic direction and oversight in the establishment of capabilities around price governance and enable pricing analytic activities through the delivery of appropriate pricing data solutions (pricing data delivery and reporting)
• The role requires an SME in pricing and access systems with demonstrated experience of people management and of working with senior internal stakeholders, and has experience building such capabilities in India. Knowledge of pharmaceutical pricing processes will be advantageous
• An essential component of the role is to foster an understanding of pricing decision-making and related impact on access and business across partner functions as necessary. The role requires the right capabilities and the right mindset to drive collaboration, impact, and innovation to realize our short- and long-term goals to fulfill our vision

ACCOUNTABILITIES

This role will have an operational reporting line into the GPP Delivery Lead and a functional reporting line into the Global Pricing Operational Excellence Lead. Key accountabilities of this role will fall under two major categories as outlined below.

Lead key price governance accountabilities such as:

• Access pricing requests from regions/countries on list price changes, launches and withdrawals and facilitate price changes/finalization in PRU based on documented pricing guidance and predefined template by working closely with GPP (Global Pricing & Policy), Regions, and country affiliates (LOCs)
• Standard pricing processes for global brands including price verification review (PVR), price assumptions review (PAR), and price change processes
• Partner with pricing analytics colleagues to deliver IRP assessments and launch strategy optimization processes
• Performance of data quality check in pricing platform for price launch and price change request and follow up with initiating and impacted countries to validate expected price changes where required
• Ensure data accuracy in collaboration with regions and LOCs and embed data consistency checks (e.g. data comparison across internal PRU system vs. external Pricentric database)
• Be involved in or drive automation initiatives for pricing governance processes (change requests management and tracking, pricing assumptions and validations (PAR/PVR) compared to data from Finance systems, data quality rules setup, etc)
• Support the answering of ad-hoc pricing queries from LOCs or regional teams (e.g. provide list prices information across countries)
• The role will also partner with stakeholders to support data security and user access management activities

Lead key pricing data accountabilities such as:

• Understand data and insights needs of key stakeholders including the GPP, regional and/or local pricing teams
• Design, develop, and maintain clear and concise interactive dashboards and reports using business intelligence tools to analyze and visualize pricing data to enable identification of trends and generate insights across various products and markets
• Ensure that Takeda’s price management system (PriceRightUnity, PRU) and the linkages to relevant databases are built in alignment with business processes to drive optimal impact
• Work to ensure proper data integration, storage, and retrieval processes to support robust pricing analytics. Implement and maintain data governance practices and ensure that all data used in pricing analysis is up-to-date, accurate, relevant, and in compliance with organizational standards
• Co-lead, with IT, further development, and implementation of PRU updates (launch planning and price referencing models, decision recording database, pricing database). Strive for continued simplicity and ease of use and business value, implementing automation where possible to streamline reporting processes
• Continuously explore and evaluate other effective tools for pricing analytics, staying updated on industry trends and the state of the art in pricing processes

• Work effectively across functions and geographies with a focus on customer needs to achieve goals and ensure stakeholder alignment, including the delivery of training programs to raise awareness and adherence to pricing processes, governance, and pricing tools
• Be actively involved in ensuring continuity of business processes alongside development and furthering of the team’s functional capabilities
• Take a leading role towards supporting the buildup of strategic pricing capabilities and embed pricing excellence within the organization.

EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS:

Essential

• Bachelor's in economics, engineering or business, with a tech focus (e.g. IT, systems administration). A Master’s degree is a plus
• Minimum 10 years' experience in life sciences and tech or pricing and access system-related activities, with a successful track record of delivering measurable business results. Knowledge of pharmaceutical pricing processes will confer a definite edge
• Proficient in IT systems terminology with strong organizational and office technology skills
• Process oriented and able to lead the building, implementation and execution of complex processes
• Strategic mindset, critical thinker and problem solver
• Comfortable with ambiguity and experience of working in multi-matriced organizations and with international cross-functional teams and stakeholders
• Excellent communications skills and a team player with a collaborative mindset and the ability to work effectively across functions

What Takeda Can Offer You

• Takeda is certified as a Top Employer, not only in India, but also globally. No investment we make pays greater dividends than taking good care of our people. 
• At Takeda, you take the lead on building and shaping your own career. 
• Joining the ICC in Bangalore will give you access to high-end technology, continuous training and a diverse and inclusive network of colleagues who will support your career growth. 

Benefits

It is our priority to provide competitive compensation and a benefit package that bridges your personal life with your professional career. Amongst our benefits are: 

• Flexible work environment, including hybrid working 
• ​Competitive Salary + Performance Annual Bonus 
• Comprehensive Healthcare Insurance Plans for self, spouse, and children 
• Group Term Life Insurance and Group Accident Insurance programs 
• Employee Assistance Program 
• 3 days of leave every year for Voluntary Service in additional to Humanitarian Leaves 
• Broad Variety of learning platforms   
• Diversity, Equity, and Inclusion Programs 
• Reimbursements – Home Internet & Mobile Phone 
• Employee Referral Program 
• Leaves – Paternity Leave (4 Weeks) , Maternity Leave (up to 26 weeks), Bereavement Leave (5 days) 

About ICC in Takeda

• Takeda is leading a digital revolution. We’re not just transforming our company; we’re improving the lives of millions of patients who rely on our medicines every day. 
• As an organization, we are committed to our cloud-driven business transformation and believe the ICCs are the catalysts of change for our global organization. 

#Li-Hybrid

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