Associate Director, Retail Pricing

Sandoz • Princeton, NJ

1d • Hybrid

About The Position

The Associate Director, Pricing is responsible for evaluating, structuring, and managing price analyses and recommendations for major Sandoz US retail customers, while working closely with internal stakeholders and staff to support the development of a best practices approach to maximizing profit & customer growth. This role is expected to be a change agent within Sandoz to drive adoption of pricing tools & analytics, and may lead various business critical, long- and short-term projects within the organization. Job Description Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape! Position Location: This position will be located at the Princeton, NJ US Headquarters site. Our Sandoz flexible hybrid working approach allows US office-based employees to work up to 50% of their monthly workday remotely. This role will not have the ability to be located remotely. Must be authorized to work in the U.S. U.S. work visa sponsorship is not available for this role now or in the future.

Requirements

• B.S./B.A required
• 5+ years of experience preferably in pharmaceuticals/generics with emphasis in pricing contracts and finance. Commodity industry will also be considered.
• Leadership and executive presence in order to present to senior management teams effectively.
• Process improvement mentality that identifies areas for more efficient and effective approach to contracting
• Strong analytical and project management skills
• SAP, Excel, Access, Word experience preferred.
• Demonstrated success in analytics. Handles large volume of data, provides financial analysis and recommends decisions. Evaluates business trends and assesses market conditions.
• Ability to gather data from multiple sources and synthesize into key points.
• Ability to influence through sound interpretation of analyses.
• Ability to make sense of complex data/reports and translate them into clear business language (i.e. explain how the factors impact Sandoz product sales and market share).
• Ability to actively identify ways to improve processes, using defined approaches and recognized methodologies.
• Ability to work cross functionally and drive initiatives that span multiple departments.
• Highly developed time management skills with demonstrated ability to meet deadlines and handle multiple priorities with a high degree of initiative required.

Nice To Haves

• Highly developed time management skills with demonstrated ability to meet deadlines and handle multiple priorities with a high degree of initiative required.
• Advanced degree strongly preferred.

Responsibilities

• Conduct analysis and make pricing recommendations on product launches, challenges, and new opportunities for major retail-class customers, taking into account market conditions, competitive environment, customer strategies, and portfolio mix.
• Frequent contact with internal personnel and outside customer representatives at various management levels concerning pricing operations.
• Conducts briefings and participates in technical meetings for internal and external representatives concerning specific pricing operations.
• Monitors market activity on all products and makes recommendations as necessary for pro-active price increases and defensive contracting strategies to maintain share and price.
• Oversee creation and review of all new product offers (NPOs) for in-line and new launch products to institution/retail customers.
• Responsible for macro pricing analysis and recommendations with focus on data consolidation
• Is responsible for pricing and contracting system (Scout) as well as pricing components of Enterprise Resource Planning System (SAP).
• Initiates process and system improvements within existing business frameworks to drive efficiency and profitability of business unit.
• Work on ad-hoc contract projects supporting new business development as well as ongoing Commercial Operations initiatives.

Benefits

• Sandoz offers a generous employee benefits package that includes a competitive salary, health insurance coverage for medical, prescription drugs, dental and vision, a generous company match for retirement savings accounts, and generous paid time off.
• We also follow a hybrid work policy that combines a mix of in-person and remote work to allow our employees flexibility.
• The pay range for this position at commencement of employment is expected to be between $160,300 - $297,700 USD/year; however, while salary ranges are effective from 1/1/26 through 12/31/26, fluctuations in the job market may necessitate adjustments to pay ranges during this period.
• Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities.
• The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered.
• Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
• If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level