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Clinical Pricing Sr Associate Pricing
Clinical Pricing Sr Associate PricingICON • Alloway, NJ, US
Clinical Pricing Sr Associate Pricing

Clinical Pricing Sr Associate Pricing

ICON • Alloway, NJ, US
1 day ago
Job type
  • Full-time
Job description

Clinical Pricing Senior Associate

ICON plc is a world-leading healthcare intelligence and clinical research organization. We're proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us on our mission to shape the future of clinical development.

We are currently seeking a Clinical Pricing Senior Associate to join our diverse and dynamic team. As a Clinical Pricing Senior Associate at ICON, you will complete the following :

Key Responsibilities

  • Support Global Development Operations, Global Study and Clinical Management Groups and Therapeutic Area Teams by creation of pricing proposals for clinical study budgets, consulting and related agreements
  • Support Finance in the development of study level budget estimates using pricing tools
  • Development of fair market value negotiation guidelines for each pricing request
  • Maintain database of information related to pricing
  • Ownership of pricing tools and templates / forms
  • Participating in team / department special projects as required

Budget creation :

  • Receive pricing requests from Clinical Development
  • Study Clients for original or amended budgets
  • Review study protocol or consulting scope of work and discuss with Clinical Study Team
  • Use industry benchmarking pricing tool(s) and internal historical data to create base clinical study budget or recommendation for consultant or services compensation
  • Create budget spreadsheet and corresponding documentation to be incorporated into Agreement
  • Prepare pricing and negotiation summary packet which is provided to Law Department / LOC for negotiation
  • Maintain database of pricing and related data for use in cycle time, site selection and negotiation analysis and reporting
  • Provide consult to Law Department / LOC, as needed, for site negotiation issues and re-pricing for existing budgets
  • Observe timelines associated with completion of pricing requests
  • Build base budget in appropriate systems (ex. eClinical required in US)
  • Clinical Trial Payment System (CTPS)

  • Update and review EDC receipts
  • Create site configuration package for CTPS
  • Approve manual payment requests for sites using the CTPS
  • Approve site invoices for sites using the Site Invoice Upload model within CTPS
  • Liaise with CTPS vendor for resolution of site issues
  • Single point of contact for payment issue resolution and oversight.
  • Communication

  • Liaise with other critical departments to obtain necessary information required to create pricing, such as Law, Finance, and Clinical Teams
  • Communicate on a regular basis to clients regarding progress of pending pricing requests
  • Special Projects

  • Participate in department or cross-functional projects as defined by internal team goal or outside department needs
  • Deliverables

  • Base budget and supporting documentation for clinical study or proposed compensation for consultant services
  • Negotiation guidelines for Law department / LOC status reporting and updates
  • Basic Qualifications

  • BAIBS / BSc
  • 1 3 years' work experience in financial support or contract administration role
  • Creation of site level clinical trial budgets
  • Preferred Qualifications

  • BAIBS / BSc in Finance or Accounting
  • 3 - 5 years' work experience in financial support or contract administration role
  • What ICON can offer you :

    Our success depends on the quality of our people. That's why we've made it a priority to build a diverse culture that rewards high performance and nurtures talent.

    In addition to your competitive salary, ICON offers a range of additional benefits. Our benefits are designed to be competitive within each country and are focused on well-being and work life balance opportunities for you and your family.

    Our benefits examples include :

  • Various annual leave entitlements
  • A range of health insurance offerings to suit you and your family's needs.
  • Competitive retirement planning offerings to maximize savings and plan with confidence for the years ahead.
  • Global Employee Assistance Programme, TELUS Health, offering 24-hour access to a global network of over 80,000 independent specialised professionals who are there to support you and your family's well-being.
  • Life assurance
  • Flexible country-specific optional benefits, including childcare vouchers, bike purchase schemes, discounted gym memberships, subsidised travel passes, health assessments, among others.
  • At ICON, inclusion & belonging are fundamental to our culture and values. We're dedicated to providing an inclusive and accessible environment for all candidates. ICON is committed to providing a workplace free of discrimination and harassment. All qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

    If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please let us know or submit a request.

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    Pricing Associate • Alloway, NJ, US

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