Associate Director, Patient Access Strategy - Biosimilars

Teva Pharmaceutical Industries-posted 2 months ago
$150,000 - $197,000/Yr
Full-time • Mid Level
Hybrid • Parsippany, NJ
5,001-10,000 employees
Chemical Manufacturing
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The Associate Director of Patient Access Strategy is a key member of the Biosimilar Value and Access Strategy team, reporting to the Senior Director, Value and Access Strategy. The Associate Director is responsible for leading, developing, and implementing strategies aligned with brand objectives to maximize patient access to therapy while minimizing GTN impact. The Associate Director will direct the efforts of vendor partners and lead cross-functional collaboration with internal stakeholders to meet strategic objectives of patient access programs. The Associate Director is responsible for all aspects of biosimilar affordability and access programs, including vendor management, program design, compliance, financial management, organizational communication, data analytics, monitoring program effectiveness, reporting outcomes, lifecycle management, and ensuring innovation in patient access programming. Patient affordability programs can significantly impact brand pricing and contracting strategy, GTN, and profitability. Therefore, financial management and ensuring cost-effective program designs are key responsibilities of the AD.

  • Provide leadership with Biosimilar Marketing, Value & Access, and Vendors to design, develop, and implement affordability and access programs that align with business objectives.
  • Support the development and execution of strategies to maximize patient access to Teva's biosimilar products and gain a competitive advantage where possible.
  • Work with Value & Access, Finance, and Forecasting teams to ensure that pricing and contract strategies account for patient access and affordability program costs.
  • Lead collaboration of internal teams such as legal, compliance, account managers, and finance, and external partners like affordability and patient support program vendors to ensure smooth program operations and optimal experience for patients, providers, and pharmacies.
  • Prepare financial analysis relating to the affordability and access program activity and spend for the AOP, quarterly RF, and LRP forecasts.
  • Conduct comprehensive financial analysis and forecasting of program costs. Monitor and manage budgets for affordability programs and other patient access services.
  • Development of standard program reporting package for management, including program KPI's and Service Level Agreements (SLAs). Identify and integrate co-pay program redemption trends into forecasts and contracting evaluations.
  • Utilize program data and research to understand the competitive landscape, inform strategies, optimize financials, maximize pull-through, and enhance program effectiveness.
  • Responsible for the evaluation and monitoring of patient access programs to ensure optimal program performance, financial management, and improvements.
  • Lead and provide expertise for External Vendors, Value & Access, Brand Team, and Legal, etc. on business rule development or program changes.
  • Develop communication plans for coordinating vendor-customer interactions, as well as leading internal Teva communications, training, and field team pull-through.
  • Participate in launch leadership teams for the evaluation and development of cost-effective affordability and access programs.
  • Responsible for vendor RFPs and selection, vendor relationship management, and program administrative responsibilities (budget tracking, invoicing, payments, etc.).
  • Anticipation and evaluation of trends affecting future financial risks related to affordability programs, especially PBM accumulator and maximizer risks.
  • Attend relevant industry meetings and conferences to stay current on best practices and innovations with patient access & affordability program design and business rules.
  • Bachelor's degree required, advanced degree in business, finance, or pharmacy preferred.
  • Minimum of 7 years in the pharmaceutical, healthcare, or medical industry, with a strong preference for pharmaceutical industry experience.
  • At least 3 years developing and managing patient affordability programs, or combined 7 years of relevant pharmaceutical industry, pharmacy practice, and affordability vendor experience.
  • Extensive knowledge, experience, and understanding of Affordability Program design, economics, set up, business rules, and execution for both medical and pharmacy benefits, and buy & bill products.
  • Strong understanding of federal and state healthcare laws, regulations, and policies regarding manufacturer affordability and access programs.
  • Strong understanding of all types of healthcare insurance, benefit designs, payer coverage policies & formularies, and payer utilization management.
  • Knowledgeable of how prescription drugs are paid for and reimbursed for healthcare providers, institutions, and pharmacies under pharmacy and medical benefits.
  • Expertise in affordability program operations, program design options, writing business rules, negotiating vendor contracts/fees, analyzing program data, managing budgets, managing vendors, and evaluating program effectiveness.
  • Experience working with Patient Services programs (i.e., HUB programs) and a strong understanding of the ecosystem and how affordability programs and other patient services programs support patient access and pull-through of payer coverage.
  • Strong communication, negotiation, and presentation skills are essential, along with a demonstrated ability to lead collaboratively in a cross-functional, matrixed organization.
  • Ability to adapt, lead, and execute with urgency in a dynamic, fast-paced environment.
  • Excellent financial analysis and financial strategy skills.
  • Strong strategic thinker who can frame complex problems and articulate clear, data-driven recommendations.
  • Strong Microsoft Excel skills; experience working in various data platforms.
  • Strong interpersonal skills and the ability to communicate effectively.
  • Sound organizational and planning skills.
  • Project management skills and history of delivering results.
  • Proven ability to lead, motivate, and collaborate with both internal and external stakeholders.
  • Strong knowledge of planning and budgeting processes and practices.
  • Experience designing programs in multiple therapeutics areas.
  • Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
  • Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
  • Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
  • Company paid Life and Disability insurance.
  • Employee Assistance Program.
  • Employee Stock Purchase Plan.
  • Tuition Assistance.
  • Flexible Spending Accounts.
  • Health Savings Account.
  • Life Style Spending Account.
  • Volunteer Time Off.
  • Paid Parental Leave, if eligible.
  • Family Building Benefits.
  • Virtual Physical Therapy.
  • Accident, Critical Illness and Hospital Indemnity Insurances.
  • Identity Theft Protection.
  • Legal Plan.
  • Voluntary Life Insurance and Long Term Disability.
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