AbbVie
Associate Director, Payer Contract Analytics
AbbVie, Libertyville, Illinois, United States, 60092
Company Description
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
Job Description
The Marketing Analytics and Business Insights (MABI) function supports AbbVie’s US organization and is comprised of highly respected researchers, analysts, and strategists who are committed to being best-in-class within the biopharmaceutical industry. We serve as a strategic in-house counsel, ensuring that all decisions leverage the key insights that we develop. We continue to build new capabilities and skill sets, encouraging our team members to pull up a chair, be themselves, be creative, speak their minds, and do good work. We are a passionate, diverse, flexible, and inclusive organization with a culture that supports the best ideas, wherever they originate. We are smart, fun, quirky, and innovative – and we’d love for you to join us.
The individual hired as the Associate Director, Payer Contract Analytics – National Accounts, within the Market Analytics and Business Insights (MABI) organization will lead the financial assessment of payer contracting via data driven payer level analysis across AbbVie’s contracted brands for key markets across key National payers for all channels of Contracting (Government and Commercial).
The individual in this role will work in a matrixed environment and partner with cross-functional partners including AbbVie’s Account Management team, Payer and Brand Marketers, Finance, & Business Technology teams to collaboratively achieve access objectives for the Brand and ensure access for AbbVie’s medication to patients in need. The core role involves financial analysis of payer contracts and presenting findings of analysis to drive optimized bid decisions.
This position is a leadership position and involves managing and developing 2 direct reports to ensure timely and accurate responses to Payer contract bids/ RFPs.
Conduct pre and post-deal analytics and provide recommendations for access that seeks to advance the objectives of the Brand/ Therapeutic area (TA), while optimizing the Brand’s Gross-to-Net.
Develop/ supervise and run deal analysis on both launch and in-market Brands to determine appropriate price/ volume dynamics that drive profitability
Support all channels of payer contracting including Commercial, Medicare Part D, Medicaid and other Government channels
Develop new and continually refine existing contracting models for to capture the ever changing Payer business model as well as therapeutic area evolution
Qualifications
Strong business and financial acumen – prior experience in Contracting with an emphasis on data and financial analysis would be optimal.
Requires the ability to work in a matrixed environment while demonstrating and aligning to AbbVie’s ways of working.
Strong knowledge of channel dynamics/ evolving policy changes and ability to translate this understanding into actionable strategies using advanced analytics methods.
Working knowledge of Tableau-based visualization tools to extract/ analyze data and communicate a story through insights.
Experience managing and analyzing patient claims data (e.g. IQVIA LAAD, Symphony Health data) for Pharmacy channel products.
Robust understanding of pharmacy channel stakeholder economics, including Payers, Pharmacy benefit managers (PBMs), Group Purchasing Organizations (GPOs),
Working knowledge of Medical benefit products economics such as ASP pricing, physician reimbursement and interplay between Pharmacy and Medical contracting.
Ability to develop insights and communicate effectively to influence executive level decisions.
Requirements:
Bachelor’s degree required in Actuarial Sciences, Finance, Economics, or related field required
Master’s degree preferred in one of the above listed programs
10+ years in work experience in business consulting, data/ financial analysis type of roles, 4+ years of Market Access Payer Analytics and Contracting experience
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our short-term incentive programs.
This job is eligible to participate in our long-term incentive programs
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html
US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:
https://www.abbvie.com/join-us/reasonable-accommodations.html
Salary: $133,500 - $253,500
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
Job Description
The Marketing Analytics and Business Insights (MABI) function supports AbbVie’s US organization and is comprised of highly respected researchers, analysts, and strategists who are committed to being best-in-class within the biopharmaceutical industry. We serve as a strategic in-house counsel, ensuring that all decisions leverage the key insights that we develop. We continue to build new capabilities and skill sets, encouraging our team members to pull up a chair, be themselves, be creative, speak their minds, and do good work. We are a passionate, diverse, flexible, and inclusive organization with a culture that supports the best ideas, wherever they originate. We are smart, fun, quirky, and innovative – and we’d love for you to join us.
The individual hired as the Associate Director, Payer Contract Analytics – National Accounts, within the Market Analytics and Business Insights (MABI) organization will lead the financial assessment of payer contracting via data driven payer level analysis across AbbVie’s contracted brands for key markets across key National payers for all channels of Contracting (Government and Commercial).
The individual in this role will work in a matrixed environment and partner with cross-functional partners including AbbVie’s Account Management team, Payer and Brand Marketers, Finance, & Business Technology teams to collaboratively achieve access objectives for the Brand and ensure access for AbbVie’s medication to patients in need. The core role involves financial analysis of payer contracts and presenting findings of analysis to drive optimized bid decisions.
This position is a leadership position and involves managing and developing 2 direct reports to ensure timely and accurate responses to Payer contract bids/ RFPs.
Conduct pre and post-deal analytics and provide recommendations for access that seeks to advance the objectives of the Brand/ Therapeutic area (TA), while optimizing the Brand’s Gross-to-Net.
Develop/ supervise and run deal analysis on both launch and in-market Brands to determine appropriate price/ volume dynamics that drive profitability
Support all channels of payer contracting including Commercial, Medicare Part D, Medicaid and other Government channels
Develop new and continually refine existing contracting models for to capture the ever changing Payer business model as well as therapeutic area evolution
Qualifications
Strong business and financial acumen – prior experience in Contracting with an emphasis on data and financial analysis would be optimal.
Requires the ability to work in a matrixed environment while demonstrating and aligning to AbbVie’s ways of working.
Strong knowledge of channel dynamics/ evolving policy changes and ability to translate this understanding into actionable strategies using advanced analytics methods.
Working knowledge of Tableau-based visualization tools to extract/ analyze data and communicate a story through insights.
Experience managing and analyzing patient claims data (e.g. IQVIA LAAD, Symphony Health data) for Pharmacy channel products.
Robust understanding of pharmacy channel stakeholder economics, including Payers, Pharmacy benefit managers (PBMs), Group Purchasing Organizations (GPOs),
Working knowledge of Medical benefit products economics such as ASP pricing, physician reimbursement and interplay between Pharmacy and Medical contracting.
Ability to develop insights and communicate effectively to influence executive level decisions.
Requirements:
Bachelor’s degree required in Actuarial Sciences, Finance, Economics, or related field required
Master’s degree preferred in one of the above listed programs
10+ years in work experience in business consulting, data/ financial analysis type of roles, 4+ years of Market Access Payer Analytics and Contracting experience
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our short-term incentive programs.
This job is eligible to participate in our long-term incentive programs
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html
US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:
https://www.abbvie.com/join-us/reasonable-accommodations.html
Salary: $133,500 - $253,500