Jobs · Management · New Jersey

Manager, Economic Modeling

Johnson & Johnson Innovative Medicine · Titusville, NJ · 1 wk ago
HybridManagement$117k–$201k/yrFull-time

About the role

Johnson & Johnson is recruiting for a Manager, Economic Modeling to be located in Titusville, NJ. This position is part of the Innovative Scientific Analytics (ISA) team and will support the Scientific Affairs department in designing and delivering rigorous economic modeling analytics.

Responsibilities

  • Design and deliver rigorous economic modeling analytics addressing business questions.
  • Champion best-in-class modeling methodology within SEPR at Scientific Affairs.
  • Work closely with stakeholders in Scientific Affairs, Medical Affairs, NPBD, Strategic Customer Group, Global Health Economic Modeling, and other functions.
  • Lead the J&J Innovative Medicine US economic modeling strategy to evolve payer methodology in the assessment of the value of J&J Innovative Medicines US portfolio.
  • Engage early with product development by supporting clinical trial designs in the US market, including guiding go/no-go decisions for early pipeline products, right patient population and right comparator(s).
  • Horizon scan latest advances in modeling methodology from academia, payers and competitors, embedding key learnings.
  • Assess urgent modeling requests for IRAs (e.g., from ICER) and for health policy evaluations with ongoing collaboration with business partners.
  • Lead disease progression models, budget impact models, cost-per-responder models, and systematic literature reviews in collaboration with cross-functional local, regional and global teams.
  • Provide modeling input to Value Story development and updates.
  • Lead early-stage and post-launch economic models to inform strategies in collaboration with business partners.
  • Interpret clinical study results and plan additional statistical analyses needed for core models and model adaptations, including indirect treatment comparisons.
  • Present and obtain feedback on model results, focusing on the NA market needs.
  • Aid in the design and execution of epidemiological funnel development with in-house expertise in methodology.
  • Thought leadership on modeling internally and externally, to help shape the business environment and standards.

Qualifications

  • A minimum of a Master’s degree in health economics, biostatistics, decision sciences, industrial engineering, operations research, or related relevant discipline.
  • A doctorate degree (PhD or PharmD) is strongly preferred.
  • Minimum of 4 years of relevant research experience or 2 years with a doctorate degree.
  • Hands-on experience with discrete event simulation, partitioned survival model, or Markov model using R, Python, or Excel/VBA.
  • Experience with advanced survival analysis, network meta-analysis, and matching-adjusted indirect treatment comparison.
  • Strong written and oral communication skills and experience working with consumers of health economic information.
  • Self-motivation, self-initiation, and ability to meet deadlines.
  • Scientific lead and project management experience.
  • Experience using Visual Basic, and software such as R, Python, SAS, Stata, or WinBUGS for model development and data analysis.
  • Academic training and industry or payer experience in statistics, health economics, and outcomes research.
  • Previous experience in oncology, hematology, immunology, or neuroscience.
  • Experience with novel techniques such as machine learning, artificial intelligence, predictive modeling.

Benefits

The anticipated base pay range for this position is $117,000.00 - $201,250.00. Employees are eligible for the following benefits:

  • Consolidated Retirement Plan (Pension)
  • Savings Plan (401(k))
  • Long-term incentive program
  • Vacation – 120 hours per calendar year
  • Sick time – 40 hours per calendar year (State of Colorado: 48 hours; State of Washington: 56 hours)
  • Holiday pay – 13 days per calendar year
  • Work, Personal and Family Time – up to 40 hours per calendar year
  • Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
  • Caregiver Leave – 80 hours in a 52-week rolling period
  • Volunteer Leave – 32 hours per calendar year
  • Military Spouse Time-Off – 80 hours per calendar year

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