Abbott
Director, Market Access Analytics & Forecasting
Abbott, Los Angeles, California, United States
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Director, Market Access Analytics & Forecasting Market Access Full Time United States - Remote About Abbott Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology. Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to: Career development with an international company where you can grow the career you dream of. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with high employer contribution. Tuition reimbursement, the
Freedom 2 Save
student debt program and
FreeU
education benefit - an affordable and convenient path to getting a bachelor’s degree. A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists. The Opportunity Abbott has a remote, field-based opportunity for a Director, Market Access Analytics & Forecasting. This individual will direct a team to manage rebate forecasting, Market Access analytics, and commercialization strategy for Abbott Diabetes Care, U.S. (“ADC”). Key functions for the role include leading a team that develops world-class forecasting infrastructure, working cross-functionally with Finance on LBE processes, developing forecast KPIs, supporting pre-deal bid planning, and managing post-deal analytics. The team, under this director, will proactively identify risks and opportunities related to access in government, national, and regional payers, for Market Access and Commercial management coaching and decision-making. This role will also work cross-functionally to set Market Access commercialization strategies for ADC’s pipeline of new products, such as establishing optimal WAC price, net price, and rebating targets that optimize US launch success. What You’ll Work On Build, lead, and coach a high-performance team to accomplish objectives and focused on developing best-in-class forecasting systems and Market Access analytics. Lead the team in developing the Market Access rebate forecasts and LBE collaboration with controller/finance. Lead the team in developing pre-deal payer scenarios, advanced analytics, post-deal valuations, and post-deal KPIs. Evolve and manage the MA data infrastructure: modernize reporting and metrics to demonstrate access performance to GM and executive leadership. Lead the team in proactive data mining and analysis for payer account management to identify coverage risks and opportunities. Work cross-functionally to develop optimal WAC price, net price, and rebate negotiation targets for new ADC product pipeline. Act as key point of contact for executive insight requests related to US Market Access and key PBM/GPO accounts. Responsible for the management of outside vendor relationships and projects needed to develop Market Access strategies for commercialization of ADCs new product pipeline. Required Qualifications Bachelor’s Degree in a related field, or an equivalent combination of education and work experience, MBA or advanced degree preferred. Minimum of 10 years of functional experience in forecasting, with 5 years minimum leading direct reports. Minimum of 5 years experience in market access analytics and pharmaceutical industry economics. Strong understanding of PBM and pharmacy drug channel negotiations. Experience in diabetes management including pharmaceutical products or devices used in the management of diabetes. Knowledge of Medicare, Medicaid, and private insurer reimbursement methodology and understanding of healthcare benefits (deductible, out of pocket, benefit exclusions, etc.). Experience working cross functionally with legal, compliance, R&D, clinical and other partners in the development of coverage policy. Demonstrated ability to understand and defend operational changes within the department using budgetary, ROI and KPI logic. Apply Now Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:
www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity. The base pay for this position is
$162,000.00 – $324,000.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY:
Market Access DIVISION:
ADC Diabetes Care LOCATION:
United States > California : Remote WORK SHIFT:
Standard TRAVEL:
Yes, 25 % of the Time MEDICAL SURVEILLANCE:
Not Applicable SIGNIFICANT WORK ACTIVITIES:
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
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Director, Market Access Analytics & Forecasting Market Access Full Time United States - Remote About Abbott Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology. Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to: Career development with an international company where you can grow the career you dream of. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with high employer contribution. Tuition reimbursement, the
Freedom 2 Save
student debt program and
FreeU
education benefit - an affordable and convenient path to getting a bachelor’s degree. A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists. The Opportunity Abbott has a remote, field-based opportunity for a Director, Market Access Analytics & Forecasting. This individual will direct a team to manage rebate forecasting, Market Access analytics, and commercialization strategy for Abbott Diabetes Care, U.S. (“ADC”). Key functions for the role include leading a team that develops world-class forecasting infrastructure, working cross-functionally with Finance on LBE processes, developing forecast KPIs, supporting pre-deal bid planning, and managing post-deal analytics. The team, under this director, will proactively identify risks and opportunities related to access in government, national, and regional payers, for Market Access and Commercial management coaching and decision-making. This role will also work cross-functionally to set Market Access commercialization strategies for ADC’s pipeline of new products, such as establishing optimal WAC price, net price, and rebating targets that optimize US launch success. What You’ll Work On Build, lead, and coach a high-performance team to accomplish objectives and focused on developing best-in-class forecasting systems and Market Access analytics. Lead the team in developing the Market Access rebate forecasts and LBE collaboration with controller/finance. Lead the team in developing pre-deal payer scenarios, advanced analytics, post-deal valuations, and post-deal KPIs. Evolve and manage the MA data infrastructure: modernize reporting and metrics to demonstrate access performance to GM and executive leadership. Lead the team in proactive data mining and analysis for payer account management to identify coverage risks and opportunities. Work cross-functionally to develop optimal WAC price, net price, and rebate negotiation targets for new ADC product pipeline. Act as key point of contact for executive insight requests related to US Market Access and key PBM/GPO accounts. Responsible for the management of outside vendor relationships and projects needed to develop Market Access strategies for commercialization of ADCs new product pipeline. Required Qualifications Bachelor’s Degree in a related field, or an equivalent combination of education and work experience, MBA or advanced degree preferred. Minimum of 10 years of functional experience in forecasting, with 5 years minimum leading direct reports. Minimum of 5 years experience in market access analytics and pharmaceutical industry economics. Strong understanding of PBM and pharmacy drug channel negotiations. Experience in diabetes management including pharmaceutical products or devices used in the management of diabetes. Knowledge of Medicare, Medicaid, and private insurer reimbursement methodology and understanding of healthcare benefits (deductible, out of pocket, benefit exclusions, etc.). Experience working cross functionally with legal, compliance, R&D, clinical and other partners in the development of coverage policy. Demonstrated ability to understand and defend operational changes within the department using budgetary, ROI and KPI logic. Apply Now Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:
www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity. The base pay for this position is
$162,000.00 – $324,000.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY:
Market Access DIVISION:
ADC Diabetes Care LOCATION:
United States > California : Remote WORK SHIFT:
Standard TRAVEL:
Yes, 25 % of the Time MEDICAL SURVEILLANCE:
Not Applicable SIGNIFICANT WORK ACTIVITIES:
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
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