Associate Director, Economic Modeling

Johnson & Johnson Innovative MedicineHopewell Township, NJ
$137,000 - $235,750Hybrid

About The Position

Seeking to enhance our economic modeling capability. In this capacity the Associate Director, Economic Modeling, will design and deliver rigorous economic modelling analytics that address business questions, and will champion best in class modeling methodology within Scientific Evidence & Policy Research (SEPR) at Scientific Affairs. The Associate Director will be an integral part of the Real World Analytics and Research teams and will closely work with stakeholders within Scientific Affairs, Medical Affairs, New Products & Business Development (NPBD), Strategic Customer Group, Global Health Economic Modeling, and other functions to perform scientifically rigorous modelling analytics. This person will design, lead, and execute economic modelling plans and ensure high-level technical, scientific, and methodological expertise. The successful candidate will apply computational methods for economic modelling and predictive analytics, and establish and maintain modelling standards of excellence that are intended for novel economic model development and communication. Activities may also include: leading the J&J Innovative Medicine US, Scientific Affairs’ economic modeling strategy to evolve the assessment of outcomes across therapeutic area (TA) in Innovative Medicines; horizon scanning key developments in economic modeling methodology and international/ national standards and bringing this insight into J&J Innovative Medicine US, Scientific Affairs; early modeling for strategic input to development design and strategy; input to global core models; and local model adaptations and budget impact tools.

Requirements

  • A minimum of a Master’s degree is required, in health economics or related relevant discipline.
  • A minimum of 6 years’ experience or 4 years’ experience with a doctorate degree, of relevant prior work experience is required for the Associate Director.
  • Experienced in developing health economic models is required.
  • Experience working with consumers of health economic information is required.
  • Statistical skills, in particular in advanced survival analyses is required.
  • Self-motivation, self-initiation, and ability to meet deadlines are required.
  • Scientific lead and project management experience is required.
  • Strong written and oral communication skills are required.
  • Strong project management skills are required.

Nice To Haves

  • A doctorate degree, PhD, is preferred.
  • Experience using Visual Basic, and software such as TreeAge Pro, R, SAS, Stata, SPSS or WinBUGS for model development and data analysis is strongly preferred.
  • Academic training and industry or payer experience in statistics, health economics, and outcomes research is preferred.
  • Knowledge of economics, epidemiology, psychometrics, and medical writing is preferred.
  • Previous experience in multiple disease areas is preferred.
  • Experience with data visualization techniques such as with Tableau and Spotfire is preferred.
  • Experience with novel techniques such as machine learning, artificial intelligence, predictive modelling is preferred.

Responsibilities

  • Develop best in class innovative modeling methodology (parametric and/or non-parametric economic modelling techniques) that ensures optimal access for J&J Innovative Medicine US portfolio.
  • Align on the J&J Innovative Medicine US external strategy to evolve payer methodology in the assessment of the value of J&J Innovative Medicines US portfolio.
  • Serve as the modeling SME to strengthen our proposition and capabilities in NA for economic model development, with strong in-house expertise in economic modeling.
  • Engage early with product development by supporting clinical trial designs in the US market, which includes guiding go/no-go decision-making for early pipeline products, right patient population and right comparator(s), also to collaborate with Global Health Economics to create US models or adapt models tailored to specific population of interest in the US.
  • Horizon scan latest advances in modeling methodology from academia, payers and competitors embedding key learnings.
  • Assess urgent modelling requests for IRA (e.g., from ICER) and for health policy evaluations with ongoing collaboration with business partners (e.g., New Products and IRA, Access and Policy Research).
  • Lead cost-effectiveness models, budget impact 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 studies results and plan additional statistical analyses needed for core models and model adaptations, including indirect treatment comparisons.
  • Presenting, obtaining feedback, and re-analyzing model results, with a focus on the NA market needs.
  • Assist in 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.

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
  • Holiday pay, including Floating Holidays –13 days per calendar year
  • Work, Personal and Family Time - up to 40 hours per calendar year
  • Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
  • 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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