[Hiring] Senior Investigator Pricing Analyst @ICON plc

Role Description

We are currently seeking a Senior Investigator Pricing Analyst to join our diverse and dynamic team. Selected candidate will provide specialized support to the Clinical Business Operations department, specifically focusing on the Site Payment portfolio across all studies. This role involves close collaboration with investigative sites, the Clinical Operations team, the Investigator Contracts Management team, the Budget Development team, and site payment vendors. The successful candidate will leverage critical and analytical thinking skills to ensure accurate and timely site payments while managing the study portfolio through effective planning, execution, and tracking of global clinical trial payments.

What You Will Do:

• Vendor Management: Oversee site payment vendor management, ensuring they are held accountable for services outlined in the Statement of Work (SOW).
• Fair Market Value Assessment: Maintain a solid understanding of Fair Market Value benchmarks and assessments to inform payment decisions.
• Global Payment Management: Manage global payment processes and oversee the total study budget with a specific focus on Poland, while also considering country-specific payment rules and regulations.
• SOW Implementation: Support the implementation of the SOW and Change Order processes, including monitoring project-related costs as needed.
• R&D Support: Provide assistance to Research and Development (R&D) activities related to clinical trial operations.
• Project Performance Assessment: Monitor the progress of projects, identify variances, and take corrective actions as required, effectively communicating updates to all stakeholders.
• Payment Discrepancy Resolution: Collaborate with third-party site payment vendors to resolve payment discrepancies, historical issues, and fulfill monthly reporting requests.
• Payment Tracking: Track payments owed to clinical research sites per the negotiated unit prices outlined in site contracts.
• Invoice Management: Monitor and report on invoice aging and outstanding payments in real-time, adhering to established departmental guidelines.
• Risk Mitigation: Proactively oversee invoice review, approval, and payment processes, implementing risk mitigation strategies as necessary and collaborating with cross-functional teams.
• Stakeholder Communication: Align with internal partners on invoice and payment discussions prior to engaging with external partners and investigative sites to ensure consistent communication.
• Lifecycle Management: Maintain clear and consistent communication with external partners and investigative sites regarding payment activities throughout the study lifecycle.
• Financial Acumen: Conduct predictive analysis using enterprise and departmental tools to forecast anticipated expenses.
• Business Acumen:
  • Prioritize multiple tasks, proactively plan, and achieve goals with moderate guidance.
  • Exhibit proven project management and leadership skills, adapting to meet assignments and project timelines.
  • Interact professionally with all levels of the organization, across functional areas and global regions.
  • Complete tasks and projects with minimal supervision.
  • Exhibit problem-solving and critical thinking abilities, with strong attention to detail.

Qualifications

• Degree in Finance, Accounting, Business Administration, or a related field; relevant certifications or experience in pricing analysis or clinical trial management are advantageous.
• At least 2 years of experience in a similar position in clinical research or the pharmaceutical industry.
• Extensive experience in financial analysis, pricing strategy development, or cost management, preferably within the clinical research or healthcare sector.
• Proven ability to analyze complex cost data, develop pricing models, and provide actionable insights for financial decision-making.
• Strong analytical and problem-solving skills, with proficiency in financial modeling and data analysis tools.
• Excellent communication and organizational skills, with the ability to collaborate with cross-functional teams and present findings to stakeholders.

Benefits

• 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 specialized 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, subsidized travel passes, health assessments, among others.