Director, Market Access Analytics & Forecasting
United States - California : Remote
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
At Abbott, we believe people with diabetes should have the freedom to enjoy active lives. That’s why we’re focused on helping people with diabetes manage their health more effectively and comfortably, with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people manage their diabetes with new connected technologies.
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.
Key internal partners will include Finance, US Commercial Leadership Team, Contracts & Pricing, US Commercial Operations & Strategy, Market Access Operations, Market Access Directors, and Global Strategic Marketing.
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
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.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is
$162,000.00 – $324,000.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Market Access
DIVISION:
ADC Diabetes Care
LOCATION:
United States > California : Remote
ADDITIONAL LOCATIONS:
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)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Apply
Job Profile
Remote
Benefits/PerksCareer development Education benefit Education benefits Excellent retirement savings plan Freedom 2 Save student debt program Free medical coverage FreeU education benefit Great Place to Work Health and wellness benefits Recognized as a great place to work Retirement savings plan Retirement savings plan with high employer contribution Student debt program Tuition reimbursement Work that matters
Tasks- Account management
- Develop commercialization strategies
- Direct team for rebate forecasting
- Forecasting
- Identify risks and opportunities
- Leadership
- Lead forecasting infrastructure development
- Manage market access analytics
- Reporting
Account management Analytics Branded generic medicines Coaching Collaboration Commercialization strategy Compliance Cross-functional Collaboration Data Infrastructure Data Mining Diabetes Care Diagnostics Education English Finance Forecasting Healthcare KPI development Leadership Management Market Access Marketing Medical Devices Medical science Negotiation Nutritionals Operations Planning R Reimbursement Risk Management Team Leadership
Experience5 years
EducationAdvanced degree DO Equivalent Healthcare Marketing MBA Pharmacy Related Field Science
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9