Pricing Director
Company: Alimentiv
Location: Durham
Posted on: May 24, 2025
Job Description:
The Pricing Director is responsible for developing, optimizing,
and implementing pricing strategies for all Alimentiv services (not
limited to medical imaging, technology and other CRO services). In
collaboration with Sr. Director Financial planning and analysis,
senior commercial leadership and operations, ensure that pricing
aligns with financial objectives, market conditions, and
competitive positioning. The manager will work closely with
finance, sales, operations, and project management to provide
data-driven pricing insights, support business development efforts,
and drive profitability.1. Pricing Strategy & Financial Modeling
(40-50%)
- Develop and maintain strategic pricing models for clinical
trial and medical imaging services based on industry trends,
competitive benchmarking, and cost structures. Develop bill and
cost rates for functional service providers (FSP) and full-service
strategic pricing opportunities.
- Ensure pricing strategies align with company profitability
goals while remaining competitive in the market.
- Leads pricing strategy development for emerging and innovative
technologies, ensuring models reflect evolving market dynamics,
regulatory considerations, and commercial potential while
supporting early.
- Implement pricing structures based on project complexity,
volume, and role-based discounts and advise on structures needed
for discounting and rate creation for strategic accounts.
- Conduct financial modeling and scenario analysis to assess
pricing impacts.
- Work closely with Sr. Director, FP&A to integrate pricing
into revenue forecasting and margin analysis.
- Enhance and oversee pricing tools, processes, and systems to
improve efficiency and accuracy in pricing decisions. Collaborate
with FP&A and Commercial to analyze commercial packages for
sponsor deliverables.
- Ensure pricing models are updated to reflect changes in cost
structures, regulatory requirements, and market conditions.
- Support automation and digital transformation initiatives in
pricing analytics.
- Generate department/functional area pricing guidelines,
evaluate and review customer-requested rate changes, ensuring
alignment with department pricing guidelines; escalate deviations
as needed.2. Proposal & Business Development Support (20-30%)
- Collaborate with Operations, Sales, Proposals, and FP&A
teams to establish sponsor-specific rates and pricing frameworks
for strategic accounts.
- Assist in negotiation analysis for high-value business
opportunities, ensuring pricing aligns with customer-specific needs
and internal profitability targets.
- Support RFP responses by developing pricing scenarios and
ensuring competitive positioning.
- Analyze project costs and complexity to determine appropriate
pricing tiers.
- Assist in responses to RFPs (Requests for Proposals) and
provide financial justifications for pricing decisions.
- Track win/loss pricing trends to refine pricing strategies.
Provide insights into pricing performance and recommend adjustments
based on data trends.
- Manage rate renewals and financial modeling for
sponsor-specific rates while negotiating Master Service Agreements
(MSAs).3. Market Intelligence & Process Improvement (10-20%)
- Monitor industry trends, competitor pricing, and market
conditions. Conduct competitor benchmarking to refine internal
pricing models and identify market gaps.
- Benchmark internal pricing strategies against competitors to
maintain a competitive edge.
- Improve and help manage pricing tools, workflows, and
automation to enhance efficiency and accuracy.
- Support digital transformation initiatives in pricing analytics
and reporting.
- Provide strategic insights into leadership based on pricing
performance metrics.
- Regularly update the strategic pricing competitive database
with industry trends, sponsor-specific rate changes, and regulatory
impacts on pricing.Qualifications
- CRO experience mandatory.
- Bachelor's or master's degree.
- Skilled in use of spreadsheet, database and/or data-mining
software. Strong oral and written communication skills. Strong
understanding of clinical trial pricing models, project cost
structures, and financial analytics.
- Experience in managing complex pricing strategies with multiple
discount structures.
- Experience with pricing tools, business intelligence platforms
(e.g., Power BI, Tableau), and CRM systems.
- 4 + years of related experience.$83,500 - $139,000 a year
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Keywords: Alimentiv, Burlington , Pricing Director, Executive , Durham, North Carolina
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