drjobs Director, Payer Insights 1 of 3

Director, Payer Insights 1 of 3

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

East Hanover, NJ - USA

Monthly Salary drjobs

$ 185500 - 344500

Vacancy

1 Vacancy

Job Description

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: Bachelors 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

The pay range for this position at commencement of employment is expected to be between: $185500.00 and $344500.00/year; however while salary ranges are effective from 1/1/25 through 12/31/25 fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further final pay determinations will depend on various factors including but not limited to geographical location experience level knowledge skills and abilities. The total compensation package for this position may also include other elements including a sign-on bonus restricted stock units and discretionary awards in addition to a full range of medical financial and/or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Company or individual department/team performance and market factors.



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 call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Range

$185500.00 - $344500.00


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

Required Experience:

Director

Employment Type

Full-Time

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.