Associate Director – PCS Price Forecasting

Responsibilities

• Serve as a subject matter expert and guide cross-functional teams on U.S. pricing, market access, reimbursement, and Inflation Reduction Act (IRA) considerations by therapeutic area to objectively assess and communicate their impact on U.S. gross and net pricing
• Independently manage pipeline assets and business development evaluations for designated therapeutic areas with minimal guidance
• Build trusted partnerships with key stakeholders and act as a strategic thought partner
• Evaluate & integrate new pricing approaches to inform and shape pipeline asset price potential and implications, by proactively engaging, contributing and liaising with key cross functional partners (USMAx Pipeline, MABI, Finance, BD, Commercial)
• Define pricing hypothesis, and conduct scenario analysis, supporting the development of pricing guidance, in collaboration with USMAx Pipeline, MABI, Finance and other relevant key stakeholders
• Provide input and guidance on the pricing potential for business development (BD) opportunities by undertaking rapid assessments with the best available data to identify the risks and opportunities that may affect the final asset valuation
• Collaborate with USMAx Pipeline TA & MABI to support primary and secondary pricing market research using appropriate methodologies aligned with a Strategic Pricing approach
• Coordinate and ensure appropriate review and approval of BD, early price & pricing guidance across their Brands and indications for preparation of review with Executive Leadership
• Provide accurate and timely pricing information, across pricing and finance processes (LRP) including harmonization and collation of pricing assumptions, creation of price models, coordination of touchpoints with TA team & leadership briefing presentations
• Ad Hoc pricing analytics, such as but not limited to; external price benchmarking, gross to net analysis, IRA economics etc.

Qualifications

• Bachelor’s Degree in Accounting/ Finance/Data Science/Business Management, required
• Requires 7-11 years progressive pricing or finance/accounting/pricing & access experience
• Good understanding of the fundamentals of the U.S. pharmaceutical pricing landscape and the key dynamics that influence it
• Demonstrated ability and motivation to proactively identify and evaluate business problems and opportunities
• Strong problem-solving skills, with the ability to identify issues early and gather, analyze, and interpret relevant data to support solutions
• Ideal familiarity with the framework of AbbVie financial policies (CFMs) and Generally Accepted Accounting Principles (GAAP)
• Demonstrated appropriate level of AbbVie leadership attributes and behaviors, this role requires high levels of competence, confidence, and credibility
• Ability to deal with uncertainty, to make decisions and working effectively with ambiguity
• Advanced excel skills
• Excellent verbal and written communication skills, stakeholder management skills
• Preferred: MBA in Marketing/Strategy or Finance and/or CPA/CMA
• Preferred: Multi-division experience and knowledge of the financial planning process
• Preferred: Knowledge and hands-on experience in the following aspects: Experience designing or implementing pricing strategies and scenario assessments. Extensive knowledge of US channel mix and GTN dynamics