Parsippany, US
8 days ago
Senior Director Patient Affordability - Remote
Who we are Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.The opportunity

The Senior Director, Patient Affordability will spearhead the strategic development of affordability initiatives to enhance patient access and deliver a World-Class customer experience. This role encompasses designing and managing co-pay and voucher programs aligned with organizational goals while optimizing lifecycle strategies and ensuring compliance. The Senior Director will lead and mentor the co-pay operations team, providing technical and financial-focused coaching to enhance capabilities and broaden support across the product portfolio for Innovative Medicines, Biosimilars and Generics. Responsibilities include identifying efficiencies in co-pay operations, establishing performance metrics, and collaborating with brand and Insights & Analytics teams on gross-to-net (GTN) strategies. The ideal candidate will demonstrate robust leadership, analytical, and problem-solving skills, with proven expertise in affordability programs.  This job primarily involves frequent visits to external vendors for face-to-face interactions, vendor quarterly business reviews (QBRs), meetings and relationship building with cross-functional partners.

How you’ll spend your day Lead the development of the Patient Affordability Strategy for Teva brands through the Annual Operating Plan (AOP) and Lifecycle planning processes. Responsible for developing affordability strategies including business plans, budgets and operational processes.  Oversee co-pay/voucher programs, financial analysis, program reporting, and escalation processes across the entire product portfolio. Design co-pay/voucher strategies to support overarching Teva objectives. Implement innovative approaches to increase efficiency in co-pay/voucher operations. Manage all existing vendor relationships within approved budget in compliance with Teva SOW/MSA processes. Provide reliable data and reporting, strategic analysis and insight generation from program metrics. Consult and provide strategic support with brand and Insights & Analytics teams, including on gross-to-net (GTN) projections. Develop and manage copay/voucher budget, allocating resources effectively to meet program goals.  Act as subject matter expert for financial and budgeting processes and develop related knowledge within the existing team. Lead, mentor and provide guidance to team members, fostering a collaborative and supportive environment. Your experience and qualifications

Education/Certification/Experience:

Bachelor’s degree required A minimum of ten years of direct experience in affordability, with five or more years of senior management experience in healthcare or related area of business required Affordability experience, with demonstrated success of designing, building, managing and transitioning programs  A minimum of five years of vendor management/contract management experience preferred Experience in managing branded and generic programs, biosimiliars experience preferred Extensive experience in operating collaboratively with cross functional partners in a matrix organization

 

Skills/Knowledge/Abilities:

Strong platform skills are essential to gaining alignment with senior management and building business acumen among associates. Extensive content knowledge of pharmacy affordability and co-pay plans, processes, and strategies. Competence in strategic planning and agility while working in a dynamic and fluid environment. Strong business acumen, professional expertise along with analytical skills, and the ability to lead without authority. Proven understanding of the AOP process, financials, POs and budgets. Ability to establish trusting working relationships with internal & external partners. Excellent communication and presentation skills. Ability to influence and motivate a team of individuals to take accountability and drive results. Demonstrated team building skills to promote an environment of diversity, collaboration and recognition. Demonstrates continuous improvement mindset. Proven leader with outstanding decision-making capability. Proven track record to work across an enterprise (internal and external and multiple levels of organizations). Possess strong critical thinking, problem solving, and analytical skills. Ability to work independently as well as in teams and be very flexible to prioritize, then reprioritize due to competing needs. Ability to synthesize information and effectively communicate to individuals at every level of the organization.  Ability to plan, track and audit performance data.

 

Travel Requirements: Approximately 30-50% travel throughout the US, which may include weekend and overnight.

Enjoy a more rewarding choice

We offer a competitive benefits package, including:

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.  Time Off: Paid Time Off including vacation, sick/safe time, caretaker time, 13 paid Holidays and 3 paid floating holidays.  Life and Disability Protection: Company paid Life and Disability insurance.  Additional benefits include, but not limited to, 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 and more. Compensation Data

The annual starting salary for this position is between $186,400 and $244,650 annually.  Factors which may affect starting pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate.  This position may also be eligible for bonus, sales target(s), and/or long-term incentive compensation awards. Level of the role will be commensurate to years of experience and performance criteria.
 

Already Working @TEVA?

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Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

 

Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities.  All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
 

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