Clinical Pricing Associate
- United States
- ICON Strategic Solutions
- Contracts Administration
TA Business Partner
- Icon Strategic Solutions
About the role
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ICON is looking for a Clinical Pricing Analyst to 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.
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
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Basic qualifications
- 1 year work experience in financial support or contract administration role
- Creation of site level clinical trial budgets
Preferred qualifications
3 years work experience in financial support or contract administration role
Benefits of Working in ICON:
Our success depends on the knowledge, capabilities and quality of our people. That’s why we are committed to developing our employees in a continuous learning culture – one where we challenge you with engaging work and where every experience adds to your professional development.
At ICON, our focus is to provide you with a comprehensive and competitive total reward package that comprises, not only an excellent level of base pay, but also a wide range of variable pay and recognition programs. In addition, our best in class employee benefits, supportive policies and wellbeing initiatives are tailored to support you and your family at all stages of your career - both now, and into the future.
ICON, including subsidiaries, is an equal opportunity and inclusive employer and 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.
Impactful work. Meaningful careers. Quality rewards.
At ICON, our employees are our greatest strength. That’s why we are committed to empowering you to live your best life, both inside and outside of work. Whether your ambition is lead a global team, become a deep scientific or technical expert, work in-house with our customers or gain experience in a variety of different ICON functions, we will support you in realising your full potential. See all locations Learn more about Our Culture at ICON
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