About the Department
The Finance & Operations department brings insights and intelligence to inform decision making & drives digitalization and business solutions to attain NNI goals. Finance & Operations works closely across the organization to guide enterprise-wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. Our focus on innovation ensures were constantly building future capabilities. Were responsible for regulating accounting, upholding workplace safety, managing our supply chain and sampling, supporting technological and data innovation, maintaining our facilities and assuring the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a career in a global business environment. We encourage our employees to make the most of their talent, and we reward hard work and dedication with opportunities for continuous learning and personal development. Are you ready to maximize your potential with us?
The Position
The position is responsible for gross-to-net data and analytics for the US business, ensuring external and internal customer alignment as necessary. The position is responsible for: Developing post alternative model implementation analytics, e.g. ROI to support future contract strategy and support on informing GTN strategy. Lead data and analytics efforts for Gross-to-Net (GTN) processes to ensure accurate, timely forecasting, modeling, and reporting of alternative modelling, customer rebates, discounts, chargebacks, and other net revenue deductions. Partner with GTN Finance, IT/ Data Engineering, PCOR, among others to design and maintain data pipelines, analytical models, and reporting that enable reliable GTN calculations and insightful business decisions.
Relationships
Reports to the Director, GTN Forecasting. Position regularly interacts with members in PCOR, GTN Finance, IT/ Data engineering, Finance Strategy and Digitalization, among others.
Essential Functions
Alternative Models
Perform ROI assessments to support future contract and partner strategy
Support the development of P&L transparency around alternative model channels and programs
Optimize integration of alternative model data into GTN model framework
Design, build, and maintain end-to-end data pipelines and ETL processes for alternative model forecasting and ensure completeness and accuracy of the data
Support performance reporting on alternative models to provide business insights and inform GTN forecasting assumptions
GTN Forecasting
Design, build, and maintain end-to-end data pipelines and ETL processes for GTN-related data (sales, claims, contracts, rebates, chargebacks, government program discounts, etc)
Develop, validate, and maintain GTN models and forecasting algorithms to quantify gross-to-net deductions and predict future liabilities
Support GTN reporting and dashboards for and produce actionable insights and variance analysis vs. forecast and plan
Implement model governance, version control, and documentation standards for reproducibility and audit readiness; support internal and external audits
Automate recurring analyses and month-end processes to improve accuracy and cycle time; prioritize and deliver analytics projects that reduce manual effort and operational risk
Evaluate real-world GTN performance vs. pricing strategy assumptions
Track impacts of new payer contracts and pricing policy changes (e.g. post deal)
Build retrospective analytics to support pricing strategies
Stay current with industry best practices, tools, and regulations that impact GTN calculations and data treatment
Collaboration
Accountable to maintain a strong working relationship with key stakeholders to ensure solid and aligned data and analytics
Guides GTN forecasters on data and alternative model analytics as well as supports the team with data and models
Facilitates collaboration among necessary stakeholders when developing GTN analytics
Systems and Data Management
Support gross-to-net forecast models, tools and overall process
Proposes recommendations for enhancements and/or improvements based on industry trends and evolving business needs
Continuously reviews and evaluates the quality of data and new data sources used in analyses, generating new insights
Controls, Compliance and Finance
Support GTN team with rebate controls to meet all audit and internal control (Sarbox) requirements
Qualifications
The base compensation range for this position is $99,600 to $184,200. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.
Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the positions level or other company factors.
Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk, were not chasing quick fixes - were creating lasting change for long-term health. For over 100 years, weve been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of whats possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, were making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger - a legacy of impact that reaches far beyond today.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
Starting a career at Novo Nordisk is more than getting a job. It is an opportunity to improve the lives of millions of people living with a serious chronic disease.
Whether you are a part of supplying insulin for patients around the world, discovering the next breakthrough at one of our state-of-the-art research centres, working with us is truly life-changing.
We are a proud life-science company on a mission to ensure that people living with a chronic disease can live a full life. Millions rely on us.
We’re inspired by life in all its forms and shapes, ups and downs, opportunities and challenges. From our colleagues in the lab, working to change lives through pioneering break-through treatments, to our colleagues putting sustainability at the core of our processes and working to prolong the life of our planet, this mission to improve lives is at the core of our every action.
Change is a constant — change in lifestyle, change in technology, change all over. At Novo Nordisk, we don’t wait for change. We drive it.
We’re a dynamic company in an even more dynamic industry, and we know that what got us to where we are today is not necessarily what will make us successful in the future.
That’s why we continuously push to improve the way we work and the lives of the patients we serve, creating innovative solutions that fit the way people want to live. To accomplish this, we embrace a spirit of open-mindedness and experimentation, striving for excellence without fixating on perfection.
Our company is our people. We know that life is anything but linear and balancing what is important at different stages of our career is never easy. That’s why we make room for diverse life situations, always putting people first. We want to ensure that every employee can achieve a work-life balance that supports their current priorities and where they want to go next.
We value our employees for the unique skills, backgrounds and perspectives they bring to the table. We work continuously to help bring out the best in all of our people, offering opportunities for development and creating an environment of mobility within the company. We strive to offer a workplace that’s great to be in and to be from.
It is very important to us that anyone working with us feels empowered as an employee and as a person. We all should have the opportunity to act fast, make decisions and be agile.
With a career at our company, you will feel a difference right from the start. A sense of inspiration that comes from a shared belief in driving positive change for people, families and communities everywhere, and it’s a collective effort. We rely on the joint potential and collaboration of our more than 45,000 employees.
In the video above, meet Marie Darting, one of our scientists, and hear more about her work as a formulation scientist, her perspective on development plans and the impact she feels her work has on people living with a chronic disease.
We were founded in 1923 and today we are a global healthcare company headquartered just outside Copenhagen, Denmark.
Our purpose is to drive change to defeat diabetes and other serious chronic diseases, such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines , and working to prevent and ultimately cure diabetes.
With almost 100 years of experience, one of the broadest diabetes product portfolios in the healthcare industry, as well as an award-winning pipeline of innovative products, our success is built on our company values – the Novo Nordisk Way.