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Associate Director, Value Analytics - job 2 of 2

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 at www.abbvie.com. Follow @abbvie on XFacebookInstagramYouTubeLinkedIn and Tik Tok.

Job Description

As a leading pharmaceutical company, AbbVie is constantly striving to discover and deliver innovative medicines and solutions that address complex health issues and enhance people’s lives. Bringing a new drug to patients is a complex process that involves not only scientific research and development but also navigating regulatory hurdles, Access and reimbursement decisions as well as Pricing negotiations. In today's healthcare landscape, decision-makers are increasingly focused on demonstrating the value of new treatments, and AbbVie recognizes the importance of providing robust evidence to support its products.

To address this need, AbbVie is establishing a new function: Value Analytics Center within Global Value and Evidence (V&E). This team will be responsible for building and leading an evidence synthesis, economic modeling, and HTA and value assessment analytics capability. By bringing together experts in these areas, AbbVie will be able to develop a comprehensive understanding of the value of its products, from a clinical, humanistic, and economic perspective. With this new function a new way of working will be introduced with modelling evidence teams led by the Value Analytics Center bringing together cross functional partners in global, us and international functions and business units to co-create robust modeling evidence for internal and external stakeholders.

 

The Value Analytics Center will play a critical role in informing internal Access strategies, pricing, and reimbursement decisions, as well as HTA and value assessment submissions. By providing robust evidence to support these decisions, AbbVie will be well-positioned to secure positive recommendations and listings, negotiate with payers and secure/maintain access to its treatments for patients. In addition, the Value Analytics Center team will help AbbVie stay industry leading by developing in-house expertise and creativity to demonstrate the value of its products to Access stakeholders and the overall Health care system ensuring patient access to AbbVie’s innovative medicines. Overall, the Value Analytics Center capability is essential to AbbVie's long-term success in the rapidly evolving healthcare landscape.

Role is responsible for leading evidence modelling teams to design and execute evidence-synthesis, health economic models. Position applies methodological and analytical expertise to predict the value of AbbVie products and develop strategies on how best to demonstrate this to external payer decision makers. Role will strategically and effectively communicate, and tailor generated evidence to multiple stakeholder audiences.

Responsibilities

  1. Develop core global Systematic Literature Reviews (SLR), Indirect Treatment Comparison (ITC) and Health Economic Models (HEM) for HTA, payer and other Access stakeholder assessments, submissions, and negotiations. Support publications associated with these to meet business objectives.
  2. Providing strategic, methodological, and analytical support to affiliates with adaptation of the Global Models (ITC, HEM) for local HTA submissions and support the local assessment of HTA strategy. Coordinate data requirements across biostatistics and evidence generations functions (Clinical Development; HEOR and Medical Affairs) to support Pricing & Reimbursement
  3. Lead evidence modelling teams (cross-functional and multi countries) to source affiliate and other stakeholder needs, develop strategic options and co-create solutions. Tracking progress, motivating, and leading peers in a matrix team.
  4. Core member of VAT when leading modelling teams contributing to development of integrated access strategy and attend other cross-functional teams as required.
  5. Identify need for preliminary ITCs and HEMs to inform value proposition, development, pricing and commercial strategic forecast and decisions.
  6. Lead and facilitate the sharing of best practices and key learnings across affiliates and cross-functional partners.
  7. Use analytical techniques leveraging available clinical data and published information to inform pricing and market access strategy.
  8. Collaborate with the Data and Statistical Sciences (DSS) team for trial analyses, HTA challenges, and statistical analyses of clinical trial data.
  9. Act as a Strategic Partner for key partners from V&E (HEOR Strategy, RWE Analytics) and iMAP (HTA Strategy, Pricing) to ensure alignment to brand and commercial, access and evidence strategy. Ensure optimal utilization of modelling evidence through partnership with teams generating payer & promotional materials, generating regulatory dossiers and publications.
  10. Provide mentoring and coaching support to junior members of evidence modelling teams and across function.

Qualifications

  1. Advanced degree MS/MSc/Mphil/MPH (required) or PhD (preferred) in Health Economics, Epidemiology, Statistics, Biostatistics, Public Health, Econometrics, or other related field.
  2. At least 8 years relevant experience in consultancy or pharmaceutical industry in Evidence-synthesis, Health Economics, Health Technology Assessment, or related area
  3. Excellent oral and written communication skills, and strong interpersonal and leadership skills
  4. Expert knowledge of both health economics and evidence-synthesis disciplines as relevant to HTA, pricing, reimbursement, and value assessment
  5. Ability to leverage deep expertise to design custom solutions for diverse stakeholder groups.
  6. Demonstrated leadership in a global matrix environment with multiple stakeholders.
  7. Proven experience interacting with and/or delivering submissions to HTA agencies, or other payer or decision-making bodies.
  8. Skills and experience within one of the following core capabilities of the Value Analytics Center
    • Health economics
      • economic modelling and budget impact analysis
      • Working hands-on knowledge of EXCEL for the development of economic models and/or BIMs including VBA
    • Evidence-synthesis
      • Designing SLR search strategies, conducting feasibility analysis for Indirect comparisons
      • Critically appraise reporting of SLRs and ITC/NMAs
    • Statistics
      • HTA-relevant statistical methodologies, for example indirect treatment comparisons, survival analysis, or utility estimation.
      • Working knowledge of statistical and data processing software (R preferred)

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​

  • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.​

  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.​

  • This job is eligible to participate in our short-term incentive programs. ​

  • This job is eligible to participate in our long-term incentive programs​

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable 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 AbbVie’s 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, visit https://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

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What You Should Know About Associate Director, Value Analytics, AbbVie

AbbVie is on the lookout for an Associate Director, Value Analytics to join our dynamic team in Mettawa, IL. In this pivotal role, you'll be at the forefront of our mission to develop and deliver innovative healthcare solutions that make a difference in people’s lives. As a leader within the Value Analytics Center, your expertise will guide evidence synthesis and health economic modeling, helping us to understand the true value of our products from various perspectives. You'll collaborate with cross-functional teams to craft robust models that support internal access strategies and submissions to health technology assessment agencies. This is a unique opportunity to work alongside talented professionals who share a passion for improving health outcomes on a global scale. Your role will not only involve designing and executing comprehensive models but also mentoring junior team members. We believe that you will find a rewarding experience here at AbbVie, where your contributions directly influence the success of groundbreaking treatments. If you have a background in health economics or related field, possess excellent communication skills, and thrive in a collaborative environment, we would love to hear from you! Join us in shaping the future of healthcare and ensuring patient access to our cutting-edge medicines.

Frequently Asked Questions (FAQs) for Associate Director, Value Analytics Role at AbbVie
What are the responsibilities of an Associate Director, Value Analytics at AbbVie?

As the Associate Director, Value Analytics at AbbVie, your responsibilities include spearheading evidence synthesis and economic modeling efforts, developing systematic literature reviews, and crafting health economic models for various health technology assessments. You’ll also provide support for local country adaptations of global models, ensuring alignment with the company's broader Access strategy.

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What qualifications are required for the Associate Director, Value Analytics position at AbbVie?

To qualify for the Associate Director, Value Analytics role at AbbVie, candidates must possess an advanced degree, preferably a PhD, in disciplines such as Health Economics, Epidemiology, or Statistics. A minimum of eight years of relevant experience in healthcare analytics or the pharmaceutical sector is essential, along with demonstrated expertise in health technology assessment and evidence synthesis.

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What skills are important for the Associate Director, Value Analytics role at AbbVie?

Key skills essential for the Associate Director, Value Analytics position at AbbVie include strong analytical and methodological expertise related to health economics, exceptional communication abilities, and adeptness at navigating high-stakes negotiations with HTA agencies and payers.

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How does the Associate Director, Value Analytics impact AbbVie's success?

The Associate Director, Value Analytics plays a critical role in AbbVie by developing evidence that informs pricing strategies and access decisions. This position allows the company to secure positive recommendations from HTA bodies and enhance market access for its innovative products.

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What is the culture like for an Associate Director in Value Analytics at AbbVie?

The culture at AbbVie is collaborative and inclusively focused, offering a dynamic environment where the Associate Director, Value Analytics can thrive. You'll benefit from a supportive framework that encourages idea sharing and professional development, all aimed at fostering innovation and achieving optimal health outcomes.

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Common Interview Questions for Associate Director, Value Analytics
Can you describe your experience with health economic modeling as an Associate Director?

When answering this, focus on specific projects where you developed models, and highlight the methodologies used. Emphasize the outcomes of these projects and how they supported decision-making within an organization.

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How do you approach collaboration with cross-functional teams?

A strong response would include examples of past partnerships, showing how effective communication and shared objectives led to successful outcomes. Highlighting your ability to navigate different stakeholder interests will also be beneficial.

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What strategies do you use to stay updated on health technology assessment trends?

Discuss the resources you utilize, such as journals or professional networks, and how you incorporate new knowledge into your work. Being proactive in this area showcases your dedication to the field.

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Describe a challenging negotiation with a payer or HTA agency and how you managed it.

Provide a detailed account of the negotiation, focusing on the strategies you employed to reach a resolution. Emphasizing your problem-solving skills and ability to maintain professional relationships is key.

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How would you mentor junior team members in the Value Analytics Center?

Talk about your approach to coaching and the importance of providing constructive feedback. Sharing specific mentorship experiences can illustrate your leadership style and commitment to team development.

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What analytical techniques do you find most effective for demonstrating product value?

Discuss techniques like cost-effectiveness analyses or budget impact modeling, illustrating your familiarity with quantitative tools and how you've applied them in previous roles to inform decisions.

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How do you tailor your communications for different stakeholder audiences?

Here, explain your process for understanding each audience's needs and adapting your messaging accordingly. Highlight any frameworks or strategies you use to ensure effective communication.

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What is your experience with systematic literature reviews?

Detail your involvement in conducting systematic literature reviews, focusing on the methodologies you used and how you ensured the quality and relevance of the studies reviewed.

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Can you give an example of how you've used evidence synthesis to inform policy decisions?

Using an example from your past work, describe the evidence that was synthesized, the decision-making process, and the resulting impact on policies or strategies.

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What motivates you to work in health economics, particularly in the role of Associate Director?

Share your passion for improving healthcare systems and outcomes, explaining how your personal and professional values align with AbbVie's mission to innovate in the health sector.

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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: i...

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Full-time, on-site
DATE POSTED
February 28, 2025

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