Role Summary
The AD, Payer Insights roles within the Insights and Decision Science (IDS) team support payer and pricing strategies to enhance patient access to innovative therapies. Located at the East Hanover, NJ site with 10% travel, the role leverages advanced analytics to drive decision-making, assess impact of policies, and develop pricing strategies in collaboration with Market Access stakeholders.
Responsibilities
- Spearhead analytics initiatives to shape and refine payer and pricing strategies, aligning with the mission to enhance patient access to innovative therapies
- Dive deep into priority accounts to extract key insights that drive market access strategies and inform decision-making
- Analyze the effects of patient support programs on financial performance, identifying opportunities to enhance patient assistance initiatives
- Engage with Market Access stakeholders to pinpoint and implement necessary support for effective payer and pricing strategies
- Harness advanced analytical tools and market research to discover opportunities that increase access and meet customer needs
- Conduct thorough rebate payment and payer data analysis to track performance and uncover optimization opportunities
- Provide insights on the impact of emerging policies and regulations on pricing models, helping to navigate and capitalize on changes
- Develop and analyze scenarios to guide strategic decisions, mitigate risks, and identify new opportunities for growth
- Conduct economic analyses to understand prescribing behavior trends and their implications on product uptake and revenue
Qualifications
- Required: Minimum 6+ years of pharmaceutical or related healthcare business, with a deep understanding of market access dynamics and access / pricing strategies
- Required: 3+ years of domain expertise in market access secondary data analytics, data science, primary market research, field analytics and insights, and patient service analytics, or other related strategic analytics and management consulting
- Required: Strong Market Access business acumen with ability to understand and interpret information from multiple sources
- Required: Results oriented with excellent communication and collaboration skills
- Required: Comfortable working in ambiguity with the ability to challenge traditional thinking to solve problems
- Required: Demonstrated abilities to influence without authority, lead teams and develop/foster relationships with senior leadership
- Required: Proven teamwork, collaboration, and people management skills
- Required: Ability to work in a dynamic, fast-paced, multifunctional environment
Education
- Bachelor's degree in related field is required; Master of Science and/or MBA preferred