Sr Manager, Business Operations Cost Management

$129,800 - $211,800/Yr

Regeneron Pharmaceuticals - Sleepy Hollow, NY

Full-time - Mid Level

Remote - Sleepy Hollow, NY

Professional, Scientific, and Technical Services

About the position

The Senior Manager, Business Operations Cost Management at Regeneron Pharmaceuticals is responsible for overseeing cost management activities related to clinical trials. This role involves providing critical business operations support to various functional leadership teams, including Development Operations and Portfolio Management, Procurement, and Finance. The Senior Manager will analyze cost, productivity, efficiency, and quality metrics to facilitate informed decision-making within the clinical development portfolio.

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.
• Support Procurement and Clinical Study Managers in verifying and challenging clinical study resourcing and cost estimates and assumptions.
• Analyze and provide data to enable comparisons of study assumptions and cost estimates with industry benchmarks and internal historical estimates.
• Support tracking of data to 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.
• Provide data and analyses to support development of assumptions and cost criteria baselines for study proposal reviews.
• Conduct and support study level scenario analyses applying vendor algorithms.
• Support Business Operations with department deliverables related to Cost Management.
• Provide support to teams in preparation for and follow-up to OPRB Meetings.

Requirements

• Bachelor's degree required.
• 8-10 years of relevant industry-related experience in Biotech/Pharmaceutical/CRO.
• Solid understanding of operational processes required to deliver a clinical development program from first-in-human to post-approval.
• High attention to detail and excellent analytical and financial skills.
• Problem-solving abilities, troubleshooting, and resourcefulness.
• Demonstrated effective influencing and negotiating skills, good interpersonal and leadership skills.
• Experience with CRO and vendor bid grids.
• Effective communication and interpersonal skills; ability to build relationships internally and externally.
• Proficiency in Microsoft Office applications.

Benefits

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