Operations, Pricing, & Analytics Senior Manager

Job Description

General Summary:

The Operations, Pricing & Analytics Senior Manager manages business processes such as gross-to-net (GTN) inputs, projections, and assessments for US operations. In addition, the Senior Manager will conduct sophisticated analyses, develop financial models, and present findings effectively and succinctly to executive leadership.

The role requires the extraction and synthesis of relevant data and timely provision of insights on the underlying factors driving forecasts and causes of variances to plan. This role delivers advanced analyses and insights to support current and projected commercial products performance.

Key Duties and Responsibilities:

• Drive GTN Close and Forecast processes and analyze, explain, and meaningfully summarize gross to net variances by channel and segment
• Prepare monthly GTN forecast by leveraging excel models and conducting secondary data analytics
• Lead monthly GTN review meetings with US Finance leadership with a focus on disseminating key variance drivers. Integrate and analyze relevant pricing and utilization data to inform trends and forecast adjustment recommendations to senior leadership in the form of standard reports or business cases.
• In support of long-range planning and annual corporate net revenue and budget processes, provide oversight and ensure accuracy of modeling assumptions, trend analyses and forecast recommendations related to payer mix and gross-to-net
• Lead coordination with Accounting, BICO, Finance, Global Market Access, Government/Public Affairs and Managed Markets leadership to gain alignment on assumptions and inputs
• Provide timely analyses of potential statutory and regulatory changes the Vertex’s business (e.g. MFN, value-based arrangements, multiple Best Prices etc.)
• Development of a bi-annual industry price increase report that highlights key pricing trend tracking across different segments and product classes in the biopharma industry. Provide advanced technical insights on trends related to key drivers of gross-to-net through proactive analysis of various data sources, industry publications and engagement of internal/external stakeholders.
• Responsible for analyzing and creating presentations for senior and executive management that summarize trends, forecasts and potential financial impact of new and pending state and federal policies, pricing scenarios and payer mix
• Generate new ideas for business analytics that add value by deepening the company’s understanding of key payer/channel/pricing trends and the impact on Vertex

Knowledge and Skills:

• Experience with pharma and managed markets data sources (including 867 data, chargebacks, rebates, IQVIA, Symphony Health, MMIT & DRG Managed Markets)
• In-depth understanding of the US payer and trade landscape
• Working understanding of statutory government pricing methodologies (AMP, BP, 340B, NonFAMP etc.)
• Track record of mining data to identify trends
• Proficient in conducting complex data analytics, attention to detail and technical data skills
• Synthesis of complex business questions and perform quantitative analysis to identify implications
• Developed modeling skills with advanced proficiency in Microsoft Excel and PowerPoint required
• Excellent verbal and written communication skills with the ability to communicate effectively with various audiences on complex topics such as multifaceted market access and pricing drivers, building alignment and a shared understanding
• Ability to work independently, in a complex, ambiguous and highly matrixed environment
• Demonstrated business acumen and ability to lead initiatives with project management skills that facilitates collaboration across multiple functional areas
• Knowledge of SQL and other advanced analytics tools/software such as SAS (SAS Base) or any other scripting language such as Python
• Knowledge and/or user experience in financial systems (Oracle, Hyperion etc.)

Education and Experience:

• A Bachelor’s degree in Finance, Business, Data Science and/or Business Analytics
• Typically requires 5+ years of experience in data analytics, reporting and system administration with significant exposure to working with financial and Managed Markets transactional and secondary data sources, or the equivalent combination of education and experience

Pay Range:

$144,000 – $216,000

Disclosure Statement:

The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations.  From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

Flex Designation:

Remote-Eligible

Flex Eligibility Status:

In this Remote-Eligible role, you can choose to be designated as: 
1.    Remote: work remotely five days per week and come into the office on occasion – you’re always welcome on-site; or select 
2.    Hybrid: work remotely up to two days per week; or select
3.    On-Site: work five days per week on-site with ad hoc flexibility.

Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time. 

Company Information

Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com