Director, Market Economics

Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health, come join our innovative company and help us improve the lives of people and animals everywhere. Apply today!

Job Details

What is Market Economics

Operating at the intersection of finance, strategy, and public policy, the Market Economics team provides a unique opportunity to develop a diverse and robust understanding of the pharmaceutical industry. The Market Economics function at Cencora is responsible for providing strategic and financial expertise to the businesses in an effort to reshape the economics of Cencora’s value proposition in its core distribution business in response to various market factors and changes to government policy.

What you will be doing

Under the direction of the VP, Market Economics, the Director is responsible for overseeing complex quantitative modeling and financial scenario analysis that will help inform Cencora’s leaders to make critical strategic decisions that will shape the future of the organization. As such, this individual will frequently lead projects and / or workstreams with cross-functional teams potentially including both internal and external stakeholders. The Director will also be frequently asked to create and present key and relevant findings / updates to senior executives. Lastly, this individual will be required to staff, manage, train a team of analysts in order to meet team goals and organizational objectives.

Responsibilities

Lead biannual quantitative risk assessment on a wide range of financial scenarios as a result of evolving policy, legislation, regulations (e.g., Inflation Reduction Act)

Lead and / or participate in cross-functional workstreams on various business initiatives, providing novel analyses and insights

Facilitate quarterly discussions of key market trends or events influencing industry economics with senior leaders across Commercial, Finance, Legal, and Pricing including preparation and research of all relevant materials and talking points

Monitor, develop and document viewpoints on key industry issues, with a focus on the direct and indirect financial impacts to Cencora

Develop and manage team members who are responsible for building analytics and other content

Manage, update, maintain a set of recurring analytics packages

Support ad-hoc analysis to support team or business initiatives

Perform related duties as assigned.

Education and work Experience

Requires Bachelor's Degree; MBA and / or related degree a plus. Normally requires a minimum of seven (7) + years directly related and progressively responsible experience in Finance, Pricing or Strategy, preferably in one of the following industries : healthcare distribution, pharmaceuticals, medical devices / technologies, life sciences; or management consulting, private equity / venture capital, or investment banking.

Skills and Knowledge

Fundamental knowledge of profitability models and analysis

Ability to perform fact-based analytical techniques with a high level of creativity

Natural curiosity to understand how various components work and interact

Ability to breakdown and teach complex concepts / topics effectively

Dynamic ability to work independently and with teams

Strong public speaker and storyteller

Strong interpersonal skills; able to work directly with a broad array of senior executives

Strong organizational skills; attention to detail

Demonstrated ability to work flexibly on multiple projects

Ability to communicate effectively both orally and in writing

Advanced skills in Excel, PowerPoint, SQL, and Word. Power BI a plus

What Cencora offers

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members’ ability to live with purpose every day. In addition to traditional offerings like medical, dental, and vision care, we also provide a comprehensive suite of benefits that focus on the physical, emotional, financial, and social aspects of wellness. This encompasses support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave. To encourage your personal growth, we also offer a variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, volunteer activities, and much more.