04 Aug
|
Ferring Pharmaceuticals
|
Toronto
04 Aug
Ferring Pharmaceuticals
Toronto
Job Description
At Ferring Pharmaceuticals, we help people around the world build families and live better lives. We are entrepreneurial and innovative, with a global team focused on scientific advances in reproductive and women’s health, gastroenterology, and urology. Ferring + You is all about working together and sharing ideas, so that we can bring science to life for patients around the world.
Every person at Ferring works together to change lives and help people build families. Our corporate teams offer empowering, cutting-edge, challenging, and rewarding careers – we are motivated to make a difference. To reach our full potential we collaborate, respect, and value diverse contributions so that we can grow as an organization and as professionals.
Role Summary
As a Pricing & Contract Specialist, you will support and execute pricing strategies that maximize the commercial value of current and future products. Partnering closely with Global Market Access, Commercial, Finance, Sales Operations, Legal, Procurement, and Global stakeholders, you will drive pricing governance, gross‑to‑net performance, and market‑driven pricing decisions. You will lead complex cross‑functional processes related to product launches, pricing, tendering, and contracting activities, providing strategic recommendations based on market, pricing, and reimbursement insights and ensuring compliance through PMPRB monitoring and B2B contract management.
Your Day at Ferring
- Lead pricing and contracting activities, analytics, ensuring alignment with business objectives and governance requirements.
- Manage PLA and PMPRB updates, documentation and escalation of pricing decisions, business case development, and support list/net price approval processes.
- Lead commercial evaluations, pricing discussions,
and contract negotiations in partnership with Procurement, Legal, and business stakeholders.
- Oversee contract administration and vendor performance to ensure delivery against agreed scope, timelines, budget, and quality expectations.
- Design and implement appropriate analysis of listing agreements or deals.
- Develop comprehensive business cases incorporating quantitative and qualitative data for all deals with payers.
- Support internal Ferring approval efforts and analytics for external negotiations; well versed with IQVIA Pharmastat and similar analytics data sources.
- Lead forecasting of revenue and volume impact of pricing and deal scenarios, incorporating impact of deals into broader company forecasts.
- Maintain up-to-date knowledge of PMPRB regulation changes and communicate implications to cross‑functional teams.
- Ensure pricing compliance by modeling expected full‑year ATPs and identifying excess revenues for products at risk.
- Conduct PMPRB post‑Form 2 compliance monitoring and reconcile any differences.
- Investigate apparent sub‑threshold excess revenue arising from non‑price increase issues.
- Manage projects and processes independently, exercising sound judgment in addressing complex business challenges.
Qualifications
- Bachelor’s degree required; advanced degree (e.g., Master’s or MBA) preferred.
- Advanced pricing knowledge typically gained through progressive experience in pharmaceuticals, healthcare, or life sciences (1‑3 years).
- Experience working with global or regional teams is an asset.
- Strong understanding of pharmaceutical pricing and market access principles; experience with B2B pharma contracting highly valued.
- Independently manage complex projects and cross‑functional processes with limited supervision.
- Apply advanced pricing, market access, contracting, and analytics knowledge to solve complex business problems.
- Drive continuous improvement of pricing governance, contracting practices, forecasting methodologies, and analytical capabilities.
- Advanced analytical and problem‑solving skills to address complex and ambiguous challenges.
- Ability to influence cross‑functional stakeholders without direct authority.
- Strong attention to detail with a governance and compliance mindset.
- Clear written and verbal communication skills.
Benefits
- Salary range of $110,000 – $117,000 CAD annually, complemented by a comprehensive benefits package.
- Commitment to advocate for everyone’s right to build a family, regardless of who you are or where you live.
- Inclusive support package – “Building Families at Ferring” provides equal and accessible policies for all employees who wish to start their family journey, ensuring a global standard irrespective of location and role; parental leave for both birthing and non‑birthing parents.
- Extended support on family‑building journey.
Location
Ferring Canada
We strive to build and maintain an inclusive and diverse workplace with equal opportunities and mutual respect for all employees regardless of their backgrounds and socioeconomic status.
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📌 Pricing & Contract Specialist (Toronto)
🏢 Ferring Pharmaceuticals
📍 Toronto