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Senior Manager, Business Operations Cost Management

Employer
Regeneron Pharmaceuticals, Inc.
Location
Tarrytown, New York
Start date
May 30, 2024

Job Details

The Senior Manager, Business Operations Cost Management, is responsible for cost management activities regarding running clinical trials as well as supporting Business Continuity efforts. 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 Regenerons clinical development portfolio. Approximately 25% of this role entails supporting the Global Development (GD) Business Continuity program.

The Senior Manager, Cost Management will act as a business partner providing critical business operations and business continuity support to GD, Development Operations & Portfolio Management (DO&PM) functional leadership, Procurement and Finance.

This role has a minimum 3-day onsite requirement in either Tarrytown, NY; Armonk, NY; Uxbridge, London; or Dublin, Ireland. This role is not open to fully remote.

A typical day in this role looks like:

  • Understand how CROs utilize 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 utilizing 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
  • Support maintenance of the business continuity plan
  • Support and maintain data on business unit functions and processes in the designated system of record
  • Support the maintainence emergency notification system data to ensure that personnel are notified of changes in operating conditions
  • Support training, drills, and exercises to validate that continuity plans and capabilities meet established objectives and relevant standards
  • Support the needs of the business unit as part of the corporate Damage Assessment Team
  • Support effective crisis management within the business unit during potential or actual disruptions
  • Support business unit personnel with continuity and crisis management roles
  • Coordinate with information technology providers to ensure that IT Disaster Recovery capabilities are viable to support continuity and reconstitution plans

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
  • 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 a Bachelors and 10 years of industry/relevant 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

Company

Regeneron is a leading biotechnology company that invents life-transforming medicines for people with serious diseases. Founded and led for 30 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to seven FDA-approved treatments and numerous product candidates in development, all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye disease, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, infectious diseases, pain and rare diseases.
 
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite® technologies, such as VelocImmune® which produces optimized fully-human antibodies, and ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.

Stock Symbol: REGN

Stock Exchange: NASDAQ

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Company info
Website
Phone
914-847-7000
Location
Corporate Headquarters
777 Old Saw Mill River Road
Tarrytown
New York
10591
US

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