Pricing Expert

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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

• This role will partner with stakeholders within the GPP and ICC organizations to bring together an understanding of the pharmaceutical value, pricing, and access landscape to ensure the delivery of strategic pricing capabilities
• The role requires both oversight and delivery of project-related analytics, ensuring that projects are delivered to schedule while maintaining the highest level of quality and value expectations
• The role requires the adept utilization of data and tools (including internal pricing platforms) in leading and facilitating pricing analyses such as value-based pricing analyses, IRP, list price management, etc
• The role requires demonstrated pricing experience and ability to collaborate and communicate with different stakeholders to drive delivery and collaboration within and across teams
• Business continuity planning and delivery risk management will be key expectations of the role.
• The role involves functional leadership and people management.

ACCOUNTABILITIES.

• Lead the delivery of strategic pricing analytic support to GPP team decision-making through asset and above-asset analytics that deliver decision-enabling pricing insights such as:
  • Identification of value differentiation and strategic pricing opportunities/scenarios that align with value-based pricing potential through an understanding of the competitive value (clinical/economic), pricing, reimbursement, and access landscape
  • Maximization of brand value through the identification of appropriate tradeoffs between price and access and in alignment with Takeda’s corporate pricing policy (through activities such as price benchmarking, analogue analysis, price trends analysis, relevant price forecasts, impact of competitive market events on access and price across global pharmaceutical markets, etc)
  • Horizon scanning and landscape analyses to evaluate the impact of market events on value and price (evolution of payer policies, competitor launch, LoE, etc)
  • Asset lifecycle management support through analytics that inform indication planning and LCM prioritization (development of pricing scenarios that consider target value profile, competitive landscape, asset pricing and reimbursement potential)

• Where necessary lead other pricing activities such as:
  • Facilitate timely input, and validation of key assumptions to run a launch planning analysis: price listing and introduction timelines, expected price and expected unit sales
  • Run IRP analysis to estimate the cross-country IRP risk and share analysis with relevant stakeholders, closely aligning on request and expected IRP impact and follow up with initiating and impacted countries to validate expected price changes where required
  • Facilitate price change request through according to the pricing governance process
  • Support standard pricing processes such as running pricing models, presenting pricing cases, pricing certificates etc
• Other key accountabilities include:
  • Work effectively across functions and geographies with a focus on customer needs to achieve goals and ensure stakeholder alignment
  • Take a leading role towards supporting the ICC GPP delivery team’s strategic pricing capabilities and embed GPP pricing excellence
  • Be actively involved in ensuring continuity of business processes alongside development and furthering of the team’s functional capabilities
  • Help mentor and develop young talent in the team

EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS:

Essential

• Relevant graduate or post graduate degree in science, economics, or pharmacy (MPharm/BPharm, MBBS/MD, PhD, MBA, etc)
• At least 8-10 years of pharmaceutical pricing and/or market access experience acquired at leading industry companies or relevant consultancy companies
• Understand pricing and access activities needed at key drug development and commercialization milestones including commercial/business understanding of the biopharma industry to be able to deliver integrated pricing insights
• Strategic mindset, critical thinker and problem solver with excellent analytical skills and ability to draw insights/derive implications from the analytical research
• Strong process/project management skills with demonstrated leadership and stakeholder management skills (people/processes/projects) with a solution-orientation and the ability to effectively lead cross-functional project teams
• A strong process-oriented mindset with the ability to build and support strong and sustainable delivery processes
• Excellent communication and team collaboration
• Comfortable with ambiguity and experience of working in multi-matriced organizations
• Growth/continuous learning mindset with effective coaching and mentoring skills
• Self-driven and results-oriented with the motivation to make an impact
• Proficiency in word, excel, powerpoint, analytical tools, basic VBA knowledge & working knowledge of Power BI

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: 

Competitive Salary + Performance Annual Bonus 

• Flexible work environment, including hybrid working 
• Comprehensive Healthcare Insurance Plans for self, spouse, and children 
• Group Term Life Insurance and Group Accident Insurance programs 
• Health & Wellness 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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