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Manager, Market Access (Neuro)

The Manager, Market Access will work collaboratively as part of the Neurovascular Marketing team. In this role, you will work closely with senior executives and cross-functionally with other departments to create value-proposition messaging for Penumbra products and therapies by providing health economic and reimbursement support for field team and beyond. This may include health economic studies, health economic data analysis, reimbursement analysis and strategy (coverage, coding, and payment).


What You’ll Work On

• Support cross-functional teams on development of health economic, value messaging, reimbursement and coverage strategies based on robust understanding of physicians, business/practice managers, payers, and their decision-making systems.

• Manage key relationships with providers, payer, international reimbursement teams and sales force as appropriate. Support each customer group in a manner that reflects their needs and expectations of the business partnership and working with internal cross functional teams to communicate the Penumbra value proposition.

• Provide customer perspective on development of internal/external coding/coverage/reimbursement strategies, education, tools and support.

• Provide perspective on economic buyer and commercial payer-related issues related to reimbursement, coverage, and contracting for the Penumbra product portfolio.

• Work with senior management to help execute and implement new strategy for business.

• Communicate effectively to keep internal stakeholders regularly informed about coding/coverage/reimbursement issues affecting the company and its customers.

• Support vendor relationships and projects as needed.

• Select, manage, train, and develop staff. Establish objectives and assignments and provide ongoing feedback through performance reviews and development plans.

• Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.

• Understand relevant security, privacy and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.

• Ensure other members of the department follow the QMS, regulations, standards, and procedures.

• Perform other work-related duties as assigned

 

What You Contribute

• Requires bachelor’s degree with 7+ years of marketing, market access or analytics experience preferred, or an equivalent combination of education and experience.

• Requires strong financial analysis skills and ability to problem solve and make relevant recommendations.

• Strong oral, written, and interpersonal communication skills.

• High degree of accuracy and attention to detail

• Proficiency with MS Word, PowerPoint, and strong Excel skills

• Excellent organizational skills with ability to prioritize assignments while handling various projects simultaneously.

 

Working Conditions

General office environment. Willingness and ability to work on site. May have business travel from 5% - 10%. Requires some lifting and moving of up to 10 pounds. Must be able to move between buildings and floors. Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day. Must be able to read, prepare emails, and produce documents and spreadsheets. Must be able to move within the office and access file cabinets or supplies, as needed. Must be able to communicate and exchange accurate information with employees at all levels on a daily basis.

 

Annual Base Salary Range:  $135,000 - $175,000/ year

We offer a competitive compensation package plus a benefits and equity program, when applicable. Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.  


What We Offer

•A collaborative teamwork environment where learning is constant, and performance is rewarded.

•The opportunity to be part of the team that is revolutionizing the treatment of some of the world's most devastating diseases.

•A generous benefits package for eligible employees that includes medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer match, an employee stock purchase plan, paid parental leave, eleven paid company holidays per year, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick time in compliance with applicable law(s).

 

Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures, and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra sells its products to hospitals and healthcare providers primarily through its direct sales organization in the United States, most of Europe, Canada, and Australia, and through distributors in select international markets. The Penumbra logo is a trademark of Penumbra, Inc.

 

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local laws.

 

If you reside in the State of California, please also refer to Penumbra's Privacy Notice for California Residents.

 

For additional information on Penumbra’s commitment to being an equal opportunity employer, please see Penumbra's AAP Policy Statement.

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Average salary estimate

$155000 / YEARLY (est.)
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$135000K
$175000K

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What You Should Know About Manager, Market Access (Neuro), Penumbra

As the Manager, Market Access at Penumbra in Alameda, CA, you'll join a dynamic Neurovascular Marketing team dedicated to transforming patient care through innovative solutions. Your role involves collaborating with senior executives and cross-functional departments, crafting compelling value-proposition messaging for our cutting-edge products and therapies. You'll leverage your expertise in health economics and reimbursement support to empower our field teams and ensure they have the tools they need to succeed. Imagine diving deep into health economic studies to analyze data that shapes reimbursement strategies while fostering key relationships with providers and payers. Your insights will aid in shaping our internal and external strategies, making sure our stakeholders stay informed about critical coverage and reimbursement issues. Additionally, you'll help train and develop a talented team, guiding them to thrive in this fast-paced environment. With a strong focus on quality management and compliance, you'll ensure our operations align with the highest standards. Joining Penumbra means stepping into a challenging yet rewarding role where your contributions directly impact the lives of patients facing serious health challenges. If you’re ready to make a difference, we’re excited to meet you!

Frequently Asked Questions (FAQs) for Manager, Market Access (Neuro) Role at Penumbra
What are the main responsibilities of a Manager, Market Access at Penumbra?

The Manager, Market Access at Penumbra is responsible for developing health economic studies, crafting value messaging, and managing reimbursement strategies. This includes serving as a bridge between physicians, payers, and internal teams, ensuring that all groups understand the Penumbra value proposition and are aligned with the company's goals.

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What qualifications are needed for the Manager, Market Access position at Penumbra?

Candidates for the Manager, Market Access role at Penumbra should have a bachelor's degree along with over 7 years of experience in marketing, market access, or analytics. Key competencies include strong financial analysis skills, exceptional communication abilities, and proficiency in MS Office programs, particularly Excel.

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How important is team collaboration for the Manager, Market Access role at Penumbra?

Team collaboration is crucial for the Manager, Market Access at Penumbra. As you work with multiple departments and cross-functional teams, effective communication will help ensure that everyone operates towards the same objectives and maximizes the impact of Penumbra’s offerings in the healthcare market.

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What kind of impact can a Manager, Market Access have at Penumbra?

A Manager, Market Access can significantly influence Penumbra's success by facilitating strategic partnerships with payers and providers, ensuring that our innovative products and therapies reach the patients who need them the most. Your work will directly contribute to improved financial outcomes for the company and enhanced care for patients.

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What benefits does Penumbra offer to its Manager, Market Access employees?

At Penumbra, employees in the Manager, Market Access role benefit from a competitive compensation package, including medical, dental, and vision insurance, a 401(k) plan with employer match, generous vacation time, and opportunities for professional development within a collaborative work environment, making it an attractive workplace.

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Common Interview Questions for Manager, Market Access (Neuro)
Can you describe your experience with health economic analysis?

When responding, highlight specific projects you've worked on where health economic analysis was key. Discuss the methods you used, the outcomes of your analyses, and how they influenced reimbursement strategies or product positioning.

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How do you prioritize tasks when managing multiple projects?

Effective prioritization involves assessing project timelines, stakeholder impact, and resource availability. Share examples of how you've successfully managed competing deadlines while ensuring quality and consistency in your work.

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What strategies do you use to build relationships with payers?

Building relationships with payers requires understanding their needs and constraints. Discuss your approach, such as frequent communication, understanding decision-making processes, and providing value through insights or data that address payer concerns.

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How do you ensure compliance with regulations in your work?

Highlight your commitment to compliance through ongoing education, staying updated on regulations, and utilizing quality management systems in your projects. Discuss any past experiences where compliance played a critical role.

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What is your approach to developing effective value messaging?

Emphasize the importance of market research, understanding the audience, and collaborating with cross-functional teams. Mention how past experiences have helped shape your ability to craft messages that resonate with both providers and payers.

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Can you provide an example of a successful reimbursement strategy you developed?

Frame your answer by detailing the challenge you faced, the strategy you devised, the implementation process, and the outcomes. Quantifiable results will enhance your response and illustrate your impact.

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What tools or software are you proficient in that aid in market analysis?

List relevant tools and software you have experience with, such as Excel for data analysis or presentation tools like PowerPoint. Provide examples of how you've used these tools to drive insights and inform strategy.

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How do you stay updated on trends in market access and reimbursement?

Discuss your methods for staying informed, such as following industry publications, participating in webinars, or being part of professional networks. Share how this knowledge has influenced your work.

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What qualities do you think are essential for a Manager, Market Access to be successful?

Mention qualities such as strong analytical skills, excellent communication, teamwork, adaptability, and a deep understanding of the healthcare landscape, particularly regarding reimbursement processes.

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How would you handle a disagreement with a colleague regarding a market access strategy?

Illustrate your problem-solving skills and diplomacy by describing how you would seek to understand their perspective, engage in constructive dialogue, and align on a solution that meets the overall business objectives of Penumbra.

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Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures and markets novel products and has a broad portfolio that addresses challenging medical ...

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