Senior Manager, Business Operations Cost Management

About the position

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.

Responsibilities

• 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

Requirements

• 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
• A minimum of Bachelor's degree at 8-10 years of relevant industry related experience is required

Benefits

• Health and wellness programs
• Fitness centers
• Equity awards
• Annual bonuses
• Paid time off for eligible employees at all levels