Senior Analyst, Market Research

AbbVie • Mettawa, IL • 7h ago

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 X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok (https://www.tiktok.com/@abbvie) .

Job Description

As a key member of the Payer Contract Analytics team within APEX, the individual in this role will work on the Market Access and Patient Services (MAPS) team will be responsible for supporting the Market Access function at AbbVie. The primary job responsibility is to perform contract data analytics to provide insights for AbbVie's key Payer customer(s) across multiple channels of pharmaceutical businesses such as the Commercial Insurance channel, Medicare and Medicaid Channels.

This role requires collaboration with stakeholders including Finance, Marketing as well as field-based Account Managers. The individual in this role will help to ensure AbbVie has the appropriate pricing and contracting analytics for our current products, as well as future pipeline products.

Key Job Responsibilities

Responsible for working with hiring manager to perform payer contract analysis, communicate results/ recommendations from analysis across therapeutic areas to improve gross-to-net sales performance while ensuring the quality and accuracy of all analytical results. Key areas of functional scope include:

Work in conjunction with the broader Payer contract analytics team to support US Payer Account team to assess contracting opportunities for AbbVie's products

Perform data analysis and financial modeling to determine appropriate discounting for desired access for Brand/ product

Gather and analyze data from multiple sources (e.g., customer rebates, syndicated sources such as IQVIA, Symphony Health etc.) and update existing analysis tools

Iteratively model AbbVie and Payer Economics during deal negotiations to ensure that AbbVie's proposed contract strategy meets internal financial benchmarks and that payer views are also understood, to ensure that contracting can be mutually beneficial to both parties

Interface with key customers to share results of contract analyses, and influence decision-making

Provide analyses via periodically generated reports on key metrics and trends to Sales and Marketing Leadership teams, and other internal customers

Create and manage dashboards to report on key performance metrics for AbbVie's products by therapeutic area and channel of business

Measure performance of contracts by retrospectively evaluating performance of contracts (deal vs. no deal scenarios)

Qualifications

Bachelor's degree or foreign academic equivalent in Statistics, Economics, Actuarial Science, Business Analytics or a highly related field of study, & 3 years of work experience in financial modeling &/ or data analytics in the pharmaceutical, health care or other industry that requires in-depth business/ data analytics

Strong programming background (SAS, SQL, Python) to be able to query databases to obtain necessary data for analysis and modeling

Strong Excel skills, including being able to perform analysis using intermediate and advanced Excel skills such pivot tables, index match functions etc.

Familiarity with utilizing Power BI to synthesize data, gain insights and inform strategy

Strong communication skills (PowerPoint), both written and verbal, ability to work collaboratively with peers and leadership on cross-functional teams

Ability to take directions from direct supervisor, and work to produce accurate results in a fast-paced environment, especially during key contract negotiations

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 ofthis 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 anybonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's soleand 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 and serving our community.? Equal Opportunity Employer/Veterans/Disabled.

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

Salary: $82,500 - $157,500

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