Director, Market Economics

What is Market Economics

Operating at the intersection of finance, strategy, and public policy, the Market Economics team provides a unique opportunity to develop a diverse and robust understanding of the pharmaceutical industry. The Market Economics function at Cencora is responsible for providing strategic and financial expertise to the businesses in an effort to reshape the economics of Cencora's value proposition in its core distribution business in response to various market factors and changes to government policy.

What you will be doing

Under the direction of the VP, Market Economics, the Director is responsible for overseeing complex quantitative modeling and financial scenario analysis that will help inform Cencora's leaders to make critical strategic decisions that will shape the future of the organization. As such, this individual will frequently lead projects and/or workstreams with cross-functional teams potentially including both internal and external stakeholders. The Director will also be frequently asked to create and present key and relevant findings / updates to senior executives. Lastly, this individual will be required to staff, manage, train a team of analysts in order to meet team goals and organizational objectives.

Responsibilities

• Lead biannual quantitative risk assessment on a wide range of financial scenarios as a result of evolving policy, legislation, regulations (e.g., Inflation Reduction Act)

• Lead and/or participate in cross-functional workstreams on various business initiatives, providing novel analyses and insights

• Facilitate quarterly discussions of key market trends or events influencing industry economics with senior leaders across Commercial, Finance, Legal, and Pricing including preparation and research of all relevant materials and talking points

• Monitor, develop and document viewpoints on key industry issues, with a focus on the direct and indirect financial impacts to Cencora

• Develop and manage team members who are responsible for building analytics and other content

• Manage, update, maintain a set of recurring analytics packages

• Support ad-hoc analysis to support team or business initiatives

• Perform related duties as assigned.

Education and work Experience

Requires Bachelor's Degree; MBA and/or related degree a plus. Normally requires a minimum of seven (7) + years directly related and progressively responsible experience in Finance, Pricing or Strategy, preferably in one of the following industries: healthcare distribution, pharmaceuticals, medical devices/technologies, life sciences; or management consulting, private equity/venture capital, or investment banking.

Skills and Knowledge

• Fundamental knowledge of profitability models and analysis

• Ability to perform fact-based analytical techniques with a high level of creativity

• Natural curiosity to understand how various components work and interact

• Ability to breakdown and teach complex concepts/topics effectively

• Dynamic ability to work independently and with teams

• Strong public speaker and storyteller

• Strong interpersonal skills; able to work directly with a broad array of senior executives

• Strong organizational skills; attention to detail

• Demonstrated ability to work flexibly on multiple projects

• Ability to communicate effectively both orally and in writing

• Advanced skills in Excel, PowerPoint, SQL, and Word. Power BI a plus

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members' ability to live with purpose every day. In addition to traditional offerings like medical, dental, and vision care, we also provide a comprehensive suite of benefits that focus on the physical, emotional, financial, and social aspects of wellness. This encompasses support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave. To encourage your personal growth, we also offer a variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, volunteer activities, and much more. For details, visit https://www.virtualfairhub.com/cencora

Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.

The company's continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.

Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment, please call 888.692.2272 or email hrsc@cencora.com. We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returned