AD, Payer Insights

Job Description Summary

Location : #LI-Onsite

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 AD, Payer Insights plays a crucial role in delivering insights and 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 AD identifies key opportunities to enhance access and address customer needs for specific payer accounts. 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 AD ensures that the organization remains agile and responsive to payer dynamics, ultimately enhancing product uptake and revenue performance.

This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely. This position will require 10% travel as defined by the business (domestic and / or international).

Job Description

Key Responsibilities :

• Spearhead analytics initiatives to shape and refine payer and pricing strategies, aligning with the mission to enhance patient access to innovative therapies
• Dive deep into priority accounts to extract key insights that drive market access strategies and inform decision-making
• Analyze the effects of patient support programs on financial performance, identifying opportunities to enhance patient assistance initiatives
• Engage with Market Access stakeholders to pinpoint and implement necessary support for effective payer and pricing strategies
• Harness advanced analytical tools and market research to discover opportunities that increase access and meet customer needs
• Conduct thorough rebate payment and payer data analysis to track performance and uncover optimization opportunities
• Provide insights on the impact of emerging policies and regulations on pricing models, helping to navigate and capitalize on changes
• Develop and analyze scenarios to guide strategic decisions, mitigate risks, and identify new opportunities for growth
• Conduct economic analyses to understand prescribing behavior trends and their implications on product uptake and revenue

This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely. This position will require 10% travel as defined by the business (domestic and / or international).

Education : Bachelor's degree in related field is required; Master of Science and / or MBA preferred

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 collaborating with market access stakeholders to derive actionable insights. 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.

Essential Requirements :

Novartis Compensation Summary :

The salary for this position is expected to range between $152,600.00 and $283,400.00 per year.

The final salary offered is determined based on factors like, but not limited to, relevant skills and experience, and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.

Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards.

US-based eligible employees will receive a comprehensive benefits package that includes health, life and disability benefits, a 401(k) with company contribution and match, and a variety of other benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.

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, sex, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status.

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 to perform the essential functions of a position, please send an e-mail to us.reasonableaccommodations@novartis.com or 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.

Salary Range

$152,600.00 - $283,400.00

Skills Desired

Agility, Agility, Business Analytics, Competitive Intelligence, Cross-Functional Collaboration, Customer Insights, Customer Orientation, Data Analysis, Data Science, Forecasting, Go-To-Market Strategy, Healthcare Sector Understanding, Influencing Skills, Innovation, Marketing Analytics, Marketing Strategy, Market Insights, Market Research, Market Trend, Microsoft Excel, Predictive Analytics, Product Marketing, Qualitative Research, Quantitative Research, R (Programming Language) {+ 3 more}