Company Description
About AbbVie
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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.
Job Description
-
Strategic Pricing: Provide input and guidance on the pricing potential for pipeline and on-market assets by translating asset value into optimal pricing and contracting guidance, and developing appropriate sustainable access models where needed
-
Governance & Approvals: Coordinate and ensure appropriate review and approval of pricing business cases across their Therapeutic Area, including preparation for review by the International or Executive Pricing Council, in line with global pricing governance.
-
Business Development Support: Undertake rapid, confidential assessments of International markets' price potential using the best available data to identify risks and opportunities, informing long-term revenue analysis and overall asset valuation for external acquisitions.
-
Operational Pricing: Lead the implementation, monitoring, and management of the global pricing governance process while ensuring fully compliant practices, policies, and procedures in regard to pricing data handling and reporting.
-
Financial Planning: Ensure timely development of pricing guidance and drive strategic pricing input into financial processes (LRP, Plan), including reviews of strategic pricing assumptions with areas and affiliates, alongside clear analytics and causality for International price variances across the portfolio.
-
Reference Pricing & Analytics: Support the Pricing Systems Lead in running International Reference Price and cross-country/region impact analyses to inform LRP, Plan, and business cases, and in undertaking and interpreting launch sequence optimization analysis and scenario planning.
-
Integrated Access Strategy: Ensure effective and timely rollout — including communication and training — of pricing guidance as part of the Integrated Access Strategy.
-
Subject Matter Expertise: Serve as an internal Subject Matter Expert on strategic and operational pricing and analytics, providing training to the organization on pricing or analytical approaches as needed.
-
People Leadership: Develop a high-performing team with strategic and operational responsibilities within the International Pricing organization through recruitment, development, and retention of key talent. Provide regular performance feedback, development planning, and coaching to direct reports.
-
Build and maintain strong relationships with internal stakeholders and organizational leaders across iMAP, Asset Leadership, IMCO, PCS, Affiliate and Area Market Access, and Finance. Monitor project progress, facilitate prioritization of team activities, manage workload, and ensure appropriate resource allocation to meet critical deadlines under challenging time constraints. Engage regularly with senior leadership including the SVP INTL and the CCO.
Qualifications
-
Prior line management, coaching and development experience. MSc or MPhil (required) or PhD (preferred) in Finance, Actuarial Sciences, Statistics, Health Economics, Econometrics, Mathematics, or any other related quantitative field.
-
Proven track record and significant experience in healthcare or pharmaceutical industry and understanding of pricing, access, health economics and market access, commercialization process
-
is required, with at least 10 years of relevant experience. Demonstrated appropriate level of leadership. Requires high levels of competence, confidence, and credibility.
-
Experience interacting with P&R agencies and knowledge of top key markets health care systems and/or pricing regulations (EU5, Canada, Japan, US) is highly desirable.
-
Understanding of Health Technology Appraisal and the fundamental of Health Economics utilized in terming value of medicines from a payer viewpoint. Ability to understand data management and reporting with a basic awareness of the possible technology platforms and solutions that can be leveraged.
-
Knowledge and hands-on experience in the following aspects is required: -designing or implementing global pricing strategies and scenario assessments. -designing and implementing integrated market access strategies and payer value proposition.
-
Ability to communicate value drivers supporting pricing initiatives and their impact on business; ability to communicate financial impact of pricing initiatives on overall business objectives are required.
-
Ability to synthetize, critically analyze, efficiently communicate large volume of information, develop identify risks, recommendations and implement solutions is required.
-
Excellent English communication skills (both oral and written and ability to consistently provide clear and concise written and verbal communication, excellent presentation skills.
-
Ability to manage workload to meet critical deadlines under challenging time constraints.
-
Critical thinking and problem-solving skills. Ability to make decisions without full data set or with ambiguity and uncertainty.
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 of this 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 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 any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and 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
