Payer Analytics Manager

Employer
Lundbeck
Location
Deerfield, IL, United States
Posted
Apr 16, 2021
Ref
1826
Hotbed
BioMidwest
Required Education
Other
Position Type
Full time
Do you want to join a team where the mission is meaningful, the challenges are complex, and you can directly see the results of your hard work? At Lundbeck, we are tirelessly dedicated to restoring brain health, so every person can be their best. Inspired and driven by our purpose, we are the only global biopharmaceutical company focused solely on brain diseases. We have a robust and innovative pipeline, bringing forward transformative therapies to address unmet needs in neurology and psychiatry. Join us on our journey of growth!

Summary:

The Payer Analytics Manager is responsible for supporting Lundbeck's managed care strategy through conducting objective and proactive quantitative analyses that will drive Managed Markets business decisions in areas such as contracting, co-pay assessment and rebating. Responsibilities include: completing advanced analytics assessments; communicating results of analysis; and recommending courses of action to improve overall sales performance. This position manages all advanced analytics assessments related to Payer Analytics across the portfolio and is the main liaison with Payer Marketing and Market Access on behalf of the Business Insights team.

Essential Functions:
  • Tracks performance across various payer segments; plans and anticipates the impact on brand performance of potential plan-design, contract and policy changes
  • Models expected payer response to various contract terms/formulary placement
  • Tracks post-deal account level performance, including ROI assessment
  • Models and tracks effectiveness of coupon programs, including the design of pilot programs prior to nationwide launch
  • Works with Associate Director, Payer Analytics to develop advanced analytical tools, techniques and procedures to accurately assess account performance and contract efficiency, including the development of plan-specific sales and volume targets
  • Monitors changes in the healthcare delivery, reimbursement and policy landscape
  • Collaborates with Sales Analytics to identify and optimize Sales Force pull-through efforts and Incentive Compensation design to help design the most optimal goal allocation approach
  • Collaborates with Payer Analytics teams at Alliance partners in order to ensure consistency across the partnership(s).
  • Consults with managed care and sales management to develop metrics for identifying opportunities for improving geographic and/or account performance
  • Participates in cross-functional marketing analytics projects, including payer segmentation, physician segmentation and targeting


Required Education, Experience, and Skills:
  • Accredited Bachelor's degree with minimum 5 years of work experience and 3 years of commercial analytics experience OR accredited Master's degree with a minimum of 3 years of work experience and 1 year of commercial analytics experience
  • Pharmaceutical/biotech industry experience
  • High proficiency in SAS, R, or other similar statistical programming software
  • High proficiency in MS Office (Excel/Access/PowerPoint)
  • Strong verbal and written communication skills
  • Ability to adapt to changing project priorities
  • Ability to liaise and drive decision-making in dynamic situations
  • Knowledge of advanced analytical modeling
  • Able to identify best practices and contribute to continuous improvement


Preferred Education, Experience, and Skills:
  • Accredited Master's Degree in Business, Engineering, Economics, Applied Mathematics, Statistics or other related fields with emphasis in quantitative methods
  • Knowledge in Managed Markets Analysis, contracting (Managed Care, Government, GPO, Medicare Part D and Long Term Care), and appropriate data assets to evaluate managed markets pull-through
  • Experience in identifying Managed Markets pricing, coverage, access and reimbursement drivers through research and analytics techniques
  • Experience with payer mix (Commercial, Medicare, Medicaid) analysis, formulary analysis and strategy development
  • Knowledge of pharmaceutical data (e.g., retail/ non-retail, distribution, specialty pharmacy, payer, promotional & marketing data, longitudinal patient-level data) both for traditional pharmacy products as well as medical products.
  • Experience with pharmaceutical launches and commercialization of pharmaceutical products


Travel
  • Willingness/Ability to travel up to 15% domestically. International travel may be required.


Why Lundbeck

Lundbeck is unique from other biopharmaceutical companies in that we are 70 percent owned by a research-focused foundation. We have a deep heritage of discovery and have brought breakthrough therapies to millions of people across the globe. And we're just getting started! Our success is driven by our great people and inclusive culture, which is guided by our beliefs of being Patient-Driven, Courageous, Ambitious, Passionate & Responsible. Are you ready to make an impact, one patient at a time?

Lundbeck offers a robust and comprehensive benefits package to help employees live well and protect their health, family, and everyday life. Information regarding our benefit offering can be found on the U.S. career site .

Lundbeck is committed to working with and providing reasonable accommodations to disabled veterans and other individuals with disabilities during our employment application process. If, because of a disability, you need a reasonable accommodation for any part of the application process, please visit the U.S. career site .

Lundbeck is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status, and any other characteristic protected by law, rule, or regulation. Lundbeck participates in E-Verify .

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Lundbeck is a global pharmaceutical company specialized in brain diseases. For more than 70 years, we have been at the forefront of neuroscience research. We are tirelessly dedicated to restoring brain health, so every person can be their best.

Millions of people worldwide live with brain diseases, and far too many suffer due to inadequate treatment, discrimination, a reduced number of working days, early retirement, and other unnecessary consequences. Every day, we strive for improved treatment and a better life for people living with brain diseases - we call this Progress in Mind.

Read more at www.lundbeck.com/global/about-us/progress-in-mind

Our approximately 5,800 employees in more than 50 countries are engaged in the entire value chain throughout research, development, production, marketing, and sales. Our pipeline consists of several R&D programs, and our products are available in more than 100 countries. We have research centers in Denmark and the US, and our production facilities are located in Denmark, France, and Italy. Lundbeck generated revenue of DKK 17 billion in 2019 (EUR 2.3 billion; USD 2.6 billion).

For additional information, we encourage you to visit our corporate site www.lundbeck.com, and connect with us on Twitter at @Lundbeck and via LinkedIn.