Director, Payer Insights 1 of 3
Band
Level 6
Job Description Summary
This position will be located in East Hanover, NJ location and will not have the ability to be located remotely.There are 3 Director, Payer Insights associated with this job posting. The roles are as follows:
Director, Payer Insights-CRM
Director, Payer Insights-Oncology
Director, Payer Insights-Specialty
Job Description
Job Purpose
The Insights and Decision Science (IDS) team is dedicated to enabling improved decision making at Novartis by leveraging data and advanced analytics capabilities to generate actionable insights that drive business growth. We collaborate closely with the US business, bringing insights and challenging ideas to empower smarter, data-driven decision-making. Reporting into the ED, Payer and Access Strategy Insights, the Dir, Payer Insights plays a crucial role in providing payer insights and data-driven analytics to support payer and pricing strategies that align with the NVS’ mission to enhance patient access to innovative therapies.
This role will be responsible for leveraging advanced analytics to drive informed decision-making and optimize payer strategies. By conducting comprehensive assessments and impact analyses, the Director identifies key opportunities to enhance access and address customer needs. This role involves collaborating with stakeholders to develop robust pricing strategies and assess the implications of emerging policies and regulations. Through scenario modeling and data-driven insights, the Director ensures that the organization remains agile and responsive to market dynamics, ultimately enhancing product uptake and revenue performance.
Key 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 (e.g., IRA, value-based pricing, PBM 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 (e.g., buy-and-bill models) on prescribing behavior trends and assess implications on product uptake and revenue performance.
Essential Requirements:
Novartis seeks individual with extensive experience in market access strategy and analytics within the pharmaceutical industry. This individual should have a proven track record of effectively deriving actionable insights and collaborating with market access stakeholders. A strong analytical background is essential, with the ability to leverage advanced analytical tools and market research to identify opportunities for enhancing market access and understanding customer needs. The candidate should be skilled in analyzing the implications of emerging policies and regulations on pricing models and profitability.
Education: Bachelor's degree in related field is required; Master of Science and/or MBA preferred
Minimum of 8 years of pharmaceutical or related healthcare business, with a deep understanding of market access dynamics and access / pricing strategies
Minimum of 3 years of domain expertise in these areas are highly desired: 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
Proven track record of supporting data-driven decision-making, including assessing and identifying the support needed to address complex business challenges and enable shaping of organizational strategy.
Strong Market Access business acumen with ability to understand and interpret information from multiple sources
Results oriented with excellent communication and collaboration skills; Comfortable working in ambiguity with the ability to challenge traditional thinking to solve problems
Demonstrated abilities to influence without authority, lead teams and develop/foster relationships with senior leadership
Proven teamwork, collaboration, and people management skills; Ability to work in a dynamic, fast-paced, multifunctional environment
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please send an e-mail to tas.nacomms@novartis.com call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
https://www.novartis.com/careers/careers-research/notice-all-applicants-us-job-openings
Salary Range
$185,500.00 - $344,500.00
Skills Desired
Agility, Agility, Business Analytics, Competitive Intelligence, Cross-Functional Collaboration, Customer Insights, Customer Orientation, Data Analysis, Databases, Data Science, Forecasting, Go-To-Market Strategy, Healthcare Sector Understanding, Influencing Skills, Innovation, Machine Learning (Ml), Marketing Analytics, Market Research, Microsoft Excel, People Management, Predictive Analytics, Product Marketing, Qualitative Research, Quantitative Research, R (Programming Language) {+ 5 more}
Average salary estimate
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Are you ready to take the lead in shaping market access strategies at a renowned pharmaceutical company? Novartis is looking for a dynamic Director, Payer Insights to join our team in East Hanover, NJ. In this pivotal role, you'll be part of the Insights and Decision Science team dedicated to enhancing decision-making through actionable insights and analytics. You will leverage advanced analytical tools and collaborate closely with stakeholders to drive pricing strategies that align with our mission to boost patient access to revolutionary therapies. Your responsibilities will include conducting comprehensive assessments, performing impact analyses, and utilizing market research to unlock key opportunities for enhancing market access. We value your expertise as you navigate the complexities of payer strategies, unearthing insights that drive informed decision-making. Furthermore, you'll analyze the implications of emerging policy changes and help us remain agile in our approach to market demands. If you have a strong analytical background and experience in market access strategy, we want to hear from you. Join us at Novartis, where your insights will make a significant difference in the lives of patients by enhancing their access to our innovative solutions. Come be part of a collaborative team that empowers each other to challenge conventional thinking and drive meaningful change.
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