Investigator Pricing Analyst

Investigator Payments Pricing Analyst *LI-HD1

Location: North Carolina, US.

Role Summary

ICON Clinical Research partners with Pharmaceutical and Biotechnology companies, assisting in the development of drugs and compounds from Laboratory through to Commercialisation.  We are a global Clinical Research Organisation and are fastest growing against our competitors.

The Investigator Payment Group (IPG) supports the Clinical department globally, ensuring an organised and efficient payment process from ICON through our global vendor network.

An Investigator Payments Pricing Analysts’ role is to develop, interpret and define investigator site budget assumptions based on clinical trial protocols for internal and external clients.

Role responsibilities include:

• Recognize, exemplify and adhere to ICON's values which center around our commitment to People, Clients and Performance.
• As a member of staff, the employee is expected to embrace and contribute to our culture of process improvement with a focus on streamlining our processes adding value to our business and meeting client needs.
• Provide expert guidance to ICON colleagues and external clients regarding fair market value fees for research related procedures/non-procedures and general investigator site budget formatting.
• To effectively build and maintain a productive working relationship with the Clinical teams and other department staff to effectively manage their needs and expectations in relation to investigator budget pricing.
• Translate clinical trial protocol required procedures to relevant Current Procedural Terminology (CPT) codes in order to appropriately apply fair market value costs.
• Prepare communication materials/ payment data for internal/ external clients relating to investigator budget  pricing /reporting as appropriate.
• To escalate pricing issues/delays appropriately.
• Oversee and be accountable for the quality of the investigator pricing budget generated for internal/external protocols assigned ensuring that it is conducted in an effective manner, meeting agreed timelines and expectations and in accordance with industry/ internal KPIs, WPS and SOPs, appropriate regulations and ICON’s quality standards.

·         Develop investigator site budget estimates for each country per feasibility specifications according to available protocol information and fair market value costs

·         Liaise with Business Development department to establish and provide required investigator fee estimates for inclusion in final RFP bid grid

·         Liaise with internal/sponsor project lead to finalize budget formatting and costs per country, in the appropriate currencies

·         Interpret final protocol, where available, to develop master budget templates.

·         Provide ballpark estimations on projects where minimal information is available from the client based on experiential and historical data in similar projects

·         Revise estimates as necessary in line with feedback and requests for RFP recosts

·         Update estimates based on feedback from clinical experts internally or with the client and record this feedback appropriately

·         Provide expert information and relevant documentation in relation to general pricing processes , fair market value costs, benchmark database systems (e.g. GrantPlan) and general investigator budget processes

·         Attend project specific and general meetings as needed

·         Liaise with ICON SSU during site agreement negotiations to assist with formatting/cost questions

• Contribute to writing/updating PSG SOP’s/ WP’s as requested
• Conduct general and study specific training for Clinical staff assigned to the studies / presentations to Clinical teams and to other ICON departments where necessary.
• Liaise with all other ICON departments such as Clinical, IPG, PTS, IT, Finance, legal and contracts to ensure pricing queries are speedily resolved and that the necessary preventative measures are put in place to prevent recurrence of similar issues.
• Accurately record and update all applicable logs and maintain all tracking tools as requested.

Experience and Knowledge requirements

·         To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

·         Ability to liaise successfully with all levels of management at ICON, vendors, and clients.

·         Good working knowledge of PC applications (Excel, Word, Outlook and Access).

·         Excellent organizational, administration and problem solving skills.

·         Excellent written and verbal communication skills.

·         Excellent Customer Relationship Management skills

·         Ability to easily adapt to dynamic environment working to strict deadlines and targets.

·         Good numerical ability an advantage.

Benefits of Working in ICON

Other than working with a great team of smart and energetic people, we also offer a very competitive benefits package.  This varies from country to country so a dedicated recruiter will discuss this with you at interview stage.

We care about our people as they are the key to our success. We provide an open and friendly work environment where we empower people and provide them with opportunities to develop their long term career.   

What’s Next?

Following your application you will be contacted by one of our dedicated recruiters and if successful we will be able to provide you with more details about this opportunity.

ICON is an equal opportunity employer - M/F/D/V and committed to providing a workplace free of any discrimination or harassment.