We are seeking a highly motivated Senior Manager, Business Operations Cost Management, who will be responsible for cost management activities regarding running clinical trials. The Senior Manager, Business Operations Cost Management, will work at the portfolio, program and functional levels to provide prospective and retrospective measurements of cost, productivity, efficiency, and quality to facilitate informed decision making for Regeneron’s clinical development portfolio.
The Senior Manager, Cost Management will act as a business partner providing critical business operations support to GD, Development Operations & Portfolio Management (DO&PM) functional leadership, Procurement and Finance.
This role has a 3-day onsite minimum requirement in one of our office locations. This role is NOT eligible fully remote. Relocation assistance will be provided to those who qualify.
A typical day in this role as a Sr Manager looks like:
- Understand how CROs apply their algorithms to support analyses regarding resourcing, cost and assumptions at the functional level and by activity
- Support and drive the continuous improvement of business analytics that provide prospective and retrospective measurements of cost, productivity, efficiency, quality, and compliance to facilitate timely and informed decision making
- Support Procurement and Clinical Study Managers in verifying and challenging clinical study resourcing and cost estimates and assumptions at study and program levels
- Analyze and provide data to enable comparisons of the credibility and overall competitiveness of study assumptions and cost estimates for new study proposals with that of the industry, benchmarks and internal historical estimates.
- Support tracking of data to help identify trends around costs and assumptions across vendors and therapeutic areas.
- Model impact of changes in assumptions on cost and resource estimates
- Contribute to driving continuous improvement in costing and process efficiency in collaboration with strategic vendors, study teams, Procurement and Finance. Help support new cost management processes and ensure process utilization.
- Provide data and analyses and recommendations to support development of assumptions and cost criteria baselines for use during the study proposal review process
- Conduct and support study level scenario analyses applying vendor algorithms
- Supports Business Operations with department deliverables which relate to Cost Management
- Provide support to teams and others in preparation for and follow-up to OPRB Meetings
This role may be for you if you have:
- Experience in Biotech/Pharmaceutical/CRO a must
- A solid understanding of all operational processes required to deliver a clinical development program from first-in-human to post-approval
- High attention to detail
- Excellent analytical and financial skills
- Problem solving abilities, troubleshooting and resourcefulness
- Demonstrated effective influencing and negotiating, good interpersonal and leadership skills, a great teammate
- Experience with CRO and vendor bid grids
- Effective communication and interpersonal skills; ability to build relationships internally and externally
- Proficiency in Microsoft Office applications
In order to be considered qualified for this role, a minimum of Bachelors degree at 8-10 years of relevant industry related experience is required.
Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We have an inclusive and diverse culture that provides comprehensive benefits, which often include (depending on location) health and wellness programs, fitness centers, equity awards, annual bonuses, and paid time off for eligible employees at all levels!
Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company's business.
For roles in which the hired candidate will be working in the U.S., the salary ranges provided are shown in accordance with U.S. law and apply to U.S.-based positions. For roles which will be based in Japan and/or Canada, the salary ranges are shown in accordance with the applicable local law and currency. If you are outside the U.S, Japan or Canada, please speak with your recruiter about salaries and benefits in your location.
Please note that certain background checks will form part of the recruitment process. Background checks will be conducted in accordance with the law of the country where the position is based, including the type of background checks conducted. The purpose of carrying out such checks is for Regeneron to verify certain information regarding a candidate prior to the commencement of employment such as identity, right to work, educational qualifications etc.
Salary Range (annually)
$129,800.00 - $211,800.00
