Pricing Manager

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Job Description / Position Profile

Pricing Manager

Location: Mumbai

ROLE PURPOSE

The role exists to support the Pricing and Patient Excellence strategies for existing and upcoming Takeda therapies in country’s public and private healthcare ecosystem through supporting the Pricing and Patient Access initiatives in the country. The incumbent works in close coordination with commercial, finance, tendering, Institutional business as well as regional/global access and pricing teams. She/he works in the Pricing team to represent Takeda India in Area, Regional and Global Pricing and Access engagements.

ACCOUNTABILITIES

• Strategic Pricing:
  • Define Pricing Strategy by product and conceptualize price protection strategies that align with Takeda’s business objectives and market conditions
  • Collaborate with cross-functional teams to evaluate pricing models and optimize profitability
  • Gain leadership alignment on Pricing Strategy
  • Guide New Product Pricing & Business Plan discussions

• Market Analysis:
  • Conduct thorough market research to understand competitive pricing trends, reimbursement landscape, and customer preferences.
  • Provide actionable insights and recommendations based on market data.

• Price Tracking and Management:
  • Monthly tracking of pricing dynamics for Takeda products through dashboards
  • Ensure all pricing strategies comply with regulatory requirements and internal policies
  • Implementation of SOPs and processes related to pricing

• Analytics:
  • Work with BI team/independently to develop comprehensive pricing dashboards for tracking pricing KPIs at product level
  • Aim to develop sophisticated analytics and visualization solutions to generate pricing forecasts basis internal and environmental factors (including competition)

• Financial Forecasting and Budgeting:
  • Prepare pricing-related financial forecasts and budgets, ensuring alignment with overall business goals.
  • Monitor and report on pricing performance against key KPIs.

• Stakeholder Management:
  • Mapping of key stakeholders/ Account for Pricing excellence and understanding the gap/opportunities between Access and Pricing.
  • Work cross-functionally with team to improve Access and Pricing efficiencies
  • Serve as the main point of contact for pricing-related queries and issues

CAPABILITIES

Critical technical, professional and personal capabilities

• Proficiency in cross-functional collaboration and decision-making
• High impact communication/presentation skills
• Expertise in Excel and PowerPoint; understanding of visualization software – PowerBI, Tableau etc. would be an added advantage

Critical leadership capabilities

• Encourages their peers to take structured risks that can improve patient and people outcomes
• Anticipates and influences where the industry, external trends and stakeholder expectations are heading
• Breaks apart complex problems to create new solutions
• Builds processes that enable information sharing, help groups to understand each other and brings them together
• Communicates and expects the achievement of ambitious goals while meeting our high ethical standards

EDUCATION, EXPERIENCE, BEHAVIOURAL COMPETENCIES AND SKILLS:

• Bachelor’s degree in Business, Finance, Economics, or a related field. MBA or advanced degree preferred.
• Proven experience 02 to 05 in pricing management within the pharmaceutical or healthcare industry.
• Strong analytical skills with the ability to interpret complex data sets.
• Excellent communication and interpersonal skills.
• Proficiency in pricing software and tools.

ABOUT TAKEDA

At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world through leading innovation in medicine in our four core therapy areas of Oncology, Gastroenterology (GI), Rare Diseases and Neuroscience, plus Plasma-Derived Therapies (PDT) and Vaccines.

Discover more at www.takeda.com.

This job description is not designed to be a complete list of all duties and responsibilities required of the position. We are in the midst of a transformation journey for the region. Specific duties and responsibilities of this position will be reviewed and may change to ensure alignment.