Job Description

Title: Business Analyst

Date: Aug 7, 2022

Location: Hawthorne, New York

Company: Taro Pharmaceutical USA Inc

Taro is a multinational, science-based pharmaceutical company dedicated to meeting the needs of its customers through the discovery, development, manufacturing and marketing of the highest quality healthcare products. Providing quality products through scientific innovations, diligence and precision is the goal of all of Taro’s research programs. Taro develops, manufactures and markets prescription and over-the-counter pharmaceutical products primarily in the United States, Canada and Israel.
This position is based out of our Hawthorne, New York office in the picturesque Hudson Valley located in Westchester County. The Hudson Valley is rich with history and culture and is the closest county to New York City. With a mixture of urban and city life, Westchester country is full of places to see and things to do. With great hotels, Michelin-rated dining and tons of outdoor activities, you’ll find a community of amazing people whose talents are as widespread as Westchester County’s 500 square miles.
Duties and responsibilities
Pricing & Contracts:

• Conduct key pricing analysis and assessments, including collaborating with key counterparts in sales, marketing, finance and supply chain.
• Manage approved pricing recommendations, including analytical support, customer communications materials, and field sales communications.
• Prepare and present pricing analysis and recommendations to the finance, sales and marketing, and pricing committee.
• Administer product launches, price adjustments and rfp’s.
  • Follow up with NAM’s on offers sent to customer.
• Outline and make the necessary changes/recommendation for Terms and Conditions for Business approval.
  • Make changes/recommendation for key business risks.
  • Work closely with legal dept. to identify key legal risk
  • Work with other internal teams to remediate other points of contention.
• Provide monthly notification to field Sales of customer proposals/contracts outstanding and contracts due to expire.
• Investigate, resolve and respond to internal and external inquiries about pricing.
• Maintain all pricing and contract files and folders.
  • Perform various administrative tasks for all divisions with regards to Pricing and Contracts.
• Maintain Master Grid
  • Rebates
  • Products
  • Tier Pricing
  • Rating of Product
  • Liaison between IT and P&C to ensure data function of Grid

Business Analysis

• Perform bid success evaluation and tracking
• Insure maintenance of all competitive data
• Assist in Modeling for New BD Opportunities
• Perform evaluations for third party chargeback data to determine prospective issues and opportunities
• Review customer purchasing compliance and address with Sales
• Product Catalog maintenance ( EDI 832)
• Work with IT to add market share evaluation into master grid
• Review profitability report before sharing with Analysts and Management
  • Review and provide guidance for Customer / Product level profitability
  • Evaluate pricing on Est. vs Actual after fin. Adj.
  • Propose correcting actions

Qualifications

• Bachelor’s Degree, preferably with a major or minor in pre-law

• Must possess advanced excel skills

• Must possess a minimum of intermediate word skills

• Preferably, advanced ability to read and interpret contracts

• Preferably, prior experience in the pharmaceutical industry

• Preferably, prior experience in:

Contract Review / Writing,
Contract Gap identification
Contract related financial obligation tracking management
Pricing Modeling
Budgeting
BD Modeling
Profitability Analysis

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).
We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.
Notice to Agency and Search Firm Representatives:
Taro Pharmaceuticals (Taro) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Taro employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Taro. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral. Thank you.