Role Summary
Director, Payer Insights leads payer insights and data-driven analytics to support payer and pricing strategies that align with the companyβΓΓ΄s mission to enhance patient access to innovative therapies. The role involves leveraging advanced analytics to drive informed decision-making, conducting assessments and impact analyses, and collaborating with stakeholders to optimize pricing and access. Location is East Hanover, NJ, with no remote option.
Responsibilities
- Drive analytics related to pricing and contracting to support comprehensive payer and pricing strategies
- Conduct assessments to identify key insights across priority accounts, leveraging data from major PBMs to inform market access payer and pricing strategies
- Perform impact analysis of patient support programs on gross-to-net performance, assessing patient assistance impact
- Work with Market Access stakeholders to assess and identify the types of support needed for payer and pricing strategies
- Utilize analytical tools, market research, and other resources to identify key opportunities to increase access and understanding of market access customer needs
- Conduct rebate payment and payer data analysis to track gross-to-net performance, identifying discrepancies, patterns, and opportunities for optimizing rebate strategies
- Share insights on the potential impact of emergent policy and regulation on pricing models and profitability
- Model key scenarios to make informed decisions, mitigate risks, and uncover opportunities while optimizing pricing and profitability under new regulations
- Conduct analysis to help stakeholders understand the impact of practice economics on prescribing behavior trends and assess implications on product uptake and revenue performance
Qualifications
- Required: Minimum of 8 years of pharmaceutical or related healthcare business, with a deep understanding of market access dynamics and access/pricing strategies
- Required: Minimum of 3 years of domain expertise in market access secondary data analytics, data science, primary market research, field analytics and insights, patient service analytics, or related strategic analytics and management consulting
- Required: Proven track record of supporting data-driven decision-making and shaping organizational strategy
- Required: Strong market access business acumen with ability to interpret information from multiple sources
- Required: Results-oriented with excellent communication and collaboration skills; comfortable working in ambiguity and challenging traditional thinking
- Required: Demonstrated ability to influence without authority, lead teams, and foster relationships with senior leadership
- Required: Proven teamwork, collaboration, and people management skills; ability to work in a dynamic, fast-paced, multifunctional environment
Education
- Bachelor's degree in a related field is required; Master of Science and/or MBA preferred