Associate Director, Payer Contract Analytics
- Employer
- AbbVie
- Location
- Mettawa, IL
- Salary
- $133,500 - $253,500
- Start date
- Nov 20, 2024
View more categoriesView less categories
- Discipline
- Administration, Finance, Information Technology, Business/Data Analytics, Marketing, Market Access
- Required Education
- Bachelors Degree
- Position Type
- Full time
- Hotbed
- BioMidwest, Best Places to Work
Job Details
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 atwww.abbvie.com. Follow @abbvie onTwitter,Facebook,Instagram,YouTubeandLinkedIn.
Job Description
The Marketing Analytics and Business Insights (MABI) function supports AbbVies 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 wed 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 AbbVies 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-functionalpartners including AbbVies Account Management team, Payer and Brand Marketers, Finance, & Business Technology teams to collaboratively achieve access objectives for the Brand and ensure access for AbbVies medication to patients in need. The core role involves financial analysis of payer contracts and presenting findings of analysis todrive 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 Brands 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 AbbVies 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:
- Bachelors degree required in Actuarial Sciences, Finance, Economics, or related field required
- Masters 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 orlocal law:
The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemay ultimatelypay more or less than the posted range. This range may be modified in thefuture.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
This job is eligible to participate in our short-term incentiveprograms.
This job is eligible to participate in our long-term incentiveprograms
Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employee remains in the Company's sole andabsolutediscretion unless and until paid andmay be modified at the Companys sole and absolute discretion, consistent withapplicable 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 AbbVies 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, visithttps://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
Company
AbbVie’s mission is to discover and deliver innovative medicines 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, eye care, virology, women’s health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, and YouTube.
Stock Symbol: ABBV
Stock Exchange: NYSE
- Website
- http://www.abbvie.com/
- Phone
- 1-800-255-5162
- Location
-
1 North Waukegan Road
North Chicago
Illinois
60064
United States
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