Role Summary
The Director of IRA Navigation and Possibilities is a business-critical role at AbbVie created in response to the significant impact of the Inflation Reduction Act (IRA) on the pharmaceutical industry. This director will act as a subject matter expert, providing strategic direction and cross-functional leadership to help AbbVie proactively manage IRA-related risks and opportunities for both current commercial brands and future pipeline products.
Responsibilities
- Partner closely with Commercial Therapeutics, US Market Access, Global Commercial Development (GCD), Finance, Government Affairs, and Legal to understand and dissect IRAβs potential effects on individual brands and pipeline assets.
- Be the subject matter expert for therapeutic area leaders, Integrated Brand Teams (IBTs), and Asset Strategy Teams (ASTs) on the implications and timelines of IRA implementation and its long-term impact, raising organizational acumen and preparedness.
- Develop and lead a structured framework for the ongoing evaluation and risk assessment of on-market and pipeline assets, collaborating with IBTs and ASTs.
- Identify and prioritize risks posed by the IRA over the Long Range Plan (LRP) for each asset and facilitate cross-functional risk-navigating teams to propose and drive effective mitigation strategies, including life cycle management, negotiation alternatives, and evidence generation.
- Contribute to portfolio-wide risk stratification and segmentation, enabling AbbVie to focus resources and innovation on areas of greatest need and potential impact.
- Support organizational innovation by driving solutions that minimize IRA risk and maximize opportunity for patients, AbbVie, and the broader industry.
Qualifications
- Required: Bachelor's degree in business or related discipline.
- Preferred: Masterβs degree highly desirable to ensure ability to consult on business strategy development and analyze information to build insights.
- Required: 12+ years of progressive experience in highly regulated commercial business; pharmaceutical or healthcare industry strongly preferred.
- Preferred: Advanced degree in life sciences, business, public policy, or related field preferred.
- Preferred: Extensive experience in the pharmaceutical industry, ideally in portfolio risk management, market access, or strategic planning roles.
- Preferred: Deep understanding of the US healthcare policy and regulatory landscape; specific knowledge of the IRA is highly valued.
- Preferred: Strong leadership skills with proven ability to drive cross-functional teams and lead complex projects.
- Preferred: Exceptional communication, negotiation, and interpersonal abilities.
- Preferred: Demonstrated analytical thinking and problem-solving skills.