Senior Alt Models & Gross To Net Strategy Manager

Novo Nordisk AS

Plainsboro, NJ

JOB DETAILS
SALARY
$120,300–$222,600 Per Year
SKILLS
Accounting, Analysis Skills, Automation, Biotech and Pharmaceutical, Business Administration, Business Development, Business Model, Business Skills, Business Solutions, Cadence, Certified Management Accountant (CMA), Certified Public Accountant (CPA), Chargebacks, Chartered Financial Analyst (CFA), Chronic Disease, Communication Skills, Compensation Management, Compensation and Benefits, Computer Skills, Consulting, Contract Management, Cross-Functional, Data Analysis, Data Management, Data Quality, Database Extract Transform and Load (ETL), Disease, Finance, Financial Analysis, Financial Modeling, Financial Operations, Financial Reporting, Forecasting, Functional Analysis, Government, Healthcare, Industry/Trade Analysis, International Business, Investor Relations, Link Performance, Metrics, Performance Modeling, Pricing, Process Improvement, Product Pricing, Profit & Loss, Qualitative Analysis, Quantitative Analysis, Regulations, Reimbursement, Reporting Dashboards, Resource Management, Risk, Safety/Work Safety, Sales, Sales Forecasting, Supply Chain, Supply Chain Management, Systems Administration/Management, Technical Support, Value Chain Model
LOCATION
Plainsboro, NJ
POSTED
30+ days ago

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 forecasting for the US business, ensuring external and internal customer alignment as necessary. The position is responsible for:

  • Lead workstreams within the GTN Forecasting team focused on alternative model contracts and scenario modeling to ensure financial transparency and drive profit optimization.
  • This role combines technical GTN modeling expertise, business acumen, and cross functional partnership to evaluate and manage alternative rebate structures, performance based agreements, value based contracts, and other non standard pricing models.
  • Ownership of end to end model design, scenario analysis, and financial reporting that inform alternative model contracting decisions and GTN strategy.
  • Provides support to GTN forecasters on scenario modelling impacting sales outlook.

Relationships

  • Reports to the Director, GTN Forecasting.
  • Position regularly interacts with members in PCOR, Strategy & Innovation, Accounting, PSP, Alternative Model teams across the organization, among others.

Essential Functions

Alternative Models

  • Lead development, validation, and maintenance of forecasting models for alternative contract types (e.g., performance based agreements, alternative benefit plans, outcomes based, risk share, alternative rebates, etc)
  • Monitor industry trends, regulatory developments, patient and payer behaviors related to alternative models; incorporate implications into forecasting approaches
  • Lead the development of P&L transparency around alternative model channels and programs
  • Manage and lead scenario modeling on alternative model structures and advise on GTN implications
  • Partner with other alternative model teams to identify and execute on profit optimization
  • Support performance reporting on alternative models to provide business insights and inform GTN forecasting assumptions
  • Develop and execute post‑deal analytics plans for all alternative model contracts including defining success metrics, data requirements, timelines, and reporting cadence

GTN Strategy

  • Develop and build scenario modeling capabilities to quantify financial impacts across multiple contract designs, population assumptions, utilization, and pricing levers
  • Present clear profit/loss and sensitivity analyses to finance leadership
  • Translate contract terms into executable calculation logic; ensure models reflect applicable GTN treatments (rebates, accruals, chargebacks, government pricing adjustments)
  • Drive financial transparency: produce reconciled, auditable reporting that links contract performance to GTN results
  • Partner closely with Pricing & Contracts, Commercial Strategy, Market Access, among others to evaluate strategies and/or deals terms informed by modeled P&L outcomes
  • Design and execute pilots and post implementation analyses to measure realized financial performance versus modeled expectations; refine assumptions and model logic accordingly
  • Embed automation and scalable analytics (ETL, templated models, dashboards) to accelerate scenario management capabilities
  • Provide subject matter expertise to enterprise stakeholders on trade offs between access, volume, reimbursement, and net revenue under alternative contracting frameworks

Collaboration

  • Accountable to maintain a strong working relationship with the PCOR & Strategy groups to ensure solid and aligned input to net sales forecast as well as input regarding ongoing issues or occurrences that could impact the overall sales
  • Work with Finance Business Partners on gross-to-net matters
  • Serve as an internal consultant for the Finance & Supply Chain, Business Development, Investor Relations, PCOR and S&I on forecasting, gross-to-net or sales performance related items on a day-to-day basis
  • Facilitates collaboration among necessary stakeholders when developing assumptions to build into forecasts

Systems and Data Management

  • Responsible for 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

  • Responsible for ensuring that all rebate controls meet all audit and internal control (Sarbox) requirements

Qualifications

  • A Bachelor s degree required in finance, accounting or other business related area; relevant experience may be substituted for degree, when appropriate; advanced degree preferred or MBA.
  • CPA, CFA, CMA preferred.
  • A minimum of 2 years in a role with direct exposure to senior management preferably presenting results periodically such as monthly or quarterly
  • Requires a minimum of 8 years of progressively responsible experience in accounting/financial analysis; pharma experience preferred
  • Strong analytical, quantitative, and qualitative analysis skills required
  • Prior experience in Managed Market contracting or Gross to Net forecasting a plus
  • Develops and maintains strong internal relationships
  • Excellent Excel other PC skills required
  • Ability to communicate across all levels of the organization

The base compensation range for this position is $120,300 to $222,600. 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.

About the Company

N

Novo Nordisk AS

Working at Novo Nordisk

 

Life-changing careers

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 inspired by life

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.

 

Together we drive change

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.

 

Together, we are life-changing

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.

 

Your development starts here

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.

 

Who we are

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.

COMPANY SIZE
2,500 to 4,999 employees
INDUSTRY
Biotechnology/Pharmaceuticals
FOUNDED
1923
WEBSITE
https://www.novonordisk.com/