Job Description
The Pricing & Market Access Director is responsible for leading the development and/or execution of Market Access strategies within Gulf Region, as well as partnering cross-functionally with commercial teams. This position is based in Riyadh, Saudi Arabia.
Key Responsibilities:
Responsible for payer strategic planning to support value and access optimization and formulary inclusion
Leads development of Market Access strategies and core pricing & access deliverables operating within the Commercial model as well as supporting local value and access optimization
Ensures the payer position is consistently represented to internal cross-functional stakeholders and ensures robust strategic input into commercialization and development decisions
Partners cross-functionally to ensure robust value proposition and integrated evidence plans are optimized to support market access and reimbursement
Supports strategies with deep functional knowledge, in-depth market research, environmental data & analogs
Informs financial forecasts
Works on the execution and negotiation of pricing and access strategy, including the localization of access strategy, tactical execution and pricing business cases
Supports capability building and thought leadership projects that advance knowledge of and readiness for the rapidly evolving payer environment
Collaborates closely with HEOR, Pricing & Market Access, Government Affairs and Public Policy, Marketing and Clinical Development / Medical counterparts to ensure value and access optimization.
Key Requirements:
Bachelor's degree in relevant discipline
10 years of working experience within GCC market
Demonstrates capacity to acquire scientific information
In depth understanding of the local pharmaceutical market, pricing and reimbursement and outcomes research
Works to the highest levels of integrity and compliance, adhering to Vertex standards of business conduct and ethics at all times
Excellent command in reading, writing and speaking Arabic and English
Ability to think strategically and make sound pricing and market access recommendations
Experience conducting negotiations with external stakeholders
Strong practical, quantitative and analytical skills combined with a sound understanding of how to successfully apply pricing & reimbursement / HEOR principles to support Vertex
Outstanding written and oral communication skills, including the ability to effectively write and deliver presentations
Ability to build and maintain relationships with local network market access decision makers
Excellent interpersonal skills to communicate complex concepts and negotiate with others.
Ability to travel within the assigned region.
Flex Designation:
Hybrid-Eligible Or On-Site Eligible
Flex Eligibility Status:
In this Hybrid-Eligible role, you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. On-Site: work five days per week on-site with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.
Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at [email protected]
What We Do
Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious and life-threatening diseases.
We discovered and developed the first medicines to treat the underlying cause of cystic fibrosis (CF), a rare, life-threatening genetic disease. In addition to clinical development programs in CF, Vertex has more than a dozen ongoing research programs focused on the underlying mechanisms of other serious diseases.
Founded in 1989 in Cambridge, Massachusetts, our corporate headquarters is now located in Boston’s Innovation District, and our international headquarters is in London, United Kingdom. We currently employ approximately 3,500 people in the United States, Europe, Canada, Australia and Latin America with nearly two-thirds of our staff dedicated to research and development.
Vertex is consistently recognized as one of the industry’s top places to work by Science Magazine, The Boston Globe, Boston Business Journal and the San Diego Business Journal. Our research and medicines have also received esteemed recognitions, including the Robert J. Beall Therapeutics Development Award, the French Prix Galien and the British Pharmacological Society awards.
