Director, Portfolio Insights
BioSpace · North Chicago, IL · 6 days ago
ManagementFull-time
About the role
The Director, Portfolio Insights drives high-impact strategic projects and provides broad exposure across Portfolio Insights core capabilities. Success will position the Director to transition into a longer-term focus area within Portfolio Insights based on strengths and business needs; options include:
- TA strategic partner: Drive value metrics and PTRS insights for one or more therapeutic areas in partnership with TA leadership.
- Cross-TA prioritization: Support prioritization and capital allocation analytics (e.g., Quarterly Portfolio Prioritization process enhancements), helping ensure R&D investment is directed toward the highest-value opportunities.
- Data strategy and benchmarking insights: Advance the R&D productivity benchmarking agenda (e.g., peer comparisons) and translate findings into actionable insights for decision-makers.
Core Responsibilities
- Strategic initiative leadership: Drive high-priority 2026 strategic initiatives, including but not limited to:
- Continue to enhance the Quarterly Portfolio Prioritization (QPP) process to improve AbbVie’s ability to effectively allocate capital to the areas of greatest value creation.
- Pull-through ongoing modernization of AbbVie’s valuation methodologies to best-in-class assessment approaches including AI/ML driven PTRS assessment.
- Institute R&D productivity as a core organizational mindset by collaborating on the R&D Pulse initiative and benchmarking AbbVie’s performance versus peers.
- Cross-functional agility: Flex into different areas of the portfolio to conduct ad-hoc, short-term analyses, scenario planning, and strategic projects at the request of leadership.
- Executive narrative development: Deliver high-impact recommendations on project value, trade-offs, and scenarios to senior leadership. Prepare actionable insights and executive narratives for the monthly Portfolio Review Forum, R&D Plan, and Financial Long Range Planning (LRP).
- Change management & capability building: Socialize the value and practical implications of moving to a more data-driven approach for key decision-making across TA leadership. Build capabilities within the team and across the organization.
- Value assessment & analytics: Build value metrics (e.g., risk-adjusted net present value (raNPV), Productivity Index) and scenario analyses to drive effective drug development decisions. Constructively pressure-test assumptions and inputs provided by functional stakeholders (e.g., Finance, PPM).
- Democratization of data: Support efforts to deploy and improve dashboards for interrogating the R&D portfolio, exploring new use cases that leverage AbbVie’s foundational portfolio data.
Qualifications
- Bachelor's degree in a scientific or business field required; advanced degree (e.g., PharmD, PhD, MD, MBA) highly preferred.
- Prior experience in management consulting, with a track record in R&D strategy / portfolio prioritization projects, strongly preferred.
- Preferred years of experience: 8+ with a Bachelor's, 6+ with a Master's, or 4+ with a Doctorate.
- Exceptional analytical and problem-solving skills, with a deep understanding of Pharma R&D business processes, investment stage-gating, and commercial forecasting.
- Demonstrated success in fast-paced, ambiguous settings; proven track record of leading complex strategic initiatives without direct authority.
- High level of executive presence; ability to navigate different functional perspectives, challenge the status quo, and drive enterprise thinking.
- Excellent oral and written communication skills, with the ability to distill complex data into clear, compelling narratives for senior leadership.
- Strong organizational and project management skills, with the ability to drive multiple workstreams simultaneously.