By Veerta Singh, WorkStory Ambassador at Western University
Monica Soos has known from an early age that science was her passion. She began her undergraduate career in 2006 studying Life Sciences at McMaster University in Hamilton, Ontario. She later graduated with an Honours Bachelor of Science in Chemistry with a minor in Biology. Currently, Monica works in Toronto as the Manager of Strategic Pricing at Janssen Inc., the pharmaceutical division of the well established healthcare company Johnson & Johnson.
Immediately after Monica completed her undergrad, she was accepted into the Master of Biotechnology (MBiotech) program at the University of Toronto. This is a two year Master’s program which “bridges science students into the business world. It is specifically geared towards students who wish to work in the field of biotechnology and the pharmaceutical industry”.
The Masters of Biotechnology program opened up another door for Monica when it provided her with a co-op opportunity in 2012. She was selected for a placement at AstraZeneca, a biopharmaceutical company, as the Pricing and Reimbursement Co-op student. It was in this role where Monica “learned about how the biopharmaceutical industry works and was able to take what she learned in the classroom and apply it to the real world”. This placement enabled her to strengthen and develop the skills that help her succeed in the current field she is working in. In 2013, Monica became the access associate at Janssen and eventually the Manager of Strategic Pricing in 2015.
When prompted to describe what a regular day at work entails, Monica provides a detailed picture of how she begins and ends her day. “The day-to-day work involves checking emails, taking care of ad-hoc requests and working cross-functionally with business partners to ensure that projects are being implemented”. Within the specific role, Monica stresses the importance of having analytical skills, problem-solving skills and the ability to work well with others because these are major qualities that are required to be successful in this field. She adds that “pricing requires alignment and execution with several stakeholders, so it’s important that you have a good rapport with them to move things along”.
Monica explains that what she loves most about her job is that the field of pharmaceutical pricing is very strategic in nature. She is inspired by the challenges that are presented to her and believes that this job is the perfect fit for her. “I am constantly learning and growing within my role, which is what keeps it fun and challenging. I have always wanted to work within pharmaceuticals, and working for a company that makes a difference in people’s lives is definitely a dream come true.
When asked if Monica had any advice to share for those who are still in the early stages of their career, she says to “make the most out of all the opportunities presented to you, but make sure you actively seek out opportunities as well as this will differentiate you from others”.