Senior Manager, PCS Price Forecasting - job 2 of 4

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.

Purpose:

The primary objective of this position will be responsible for managing US pipeline pricing, translation of the value in our assets & indications into optimal launch pricing, across AbbVie’s early to late-stage pipeline assets. They will be responsible for aligning with the USMAx pipeline market access organization and shall also be working within a cross-functional matrix of stakeholders for their Brands/Indications to ensure we shape the price potential of our assets, through utilization of our strategic pricing approach and advanced modelling techniques. They are also responsible for driving key scenario analysis such as Price Volume Time Tradeoffs, Gross to Net optimization, Policy impact (IRA/MFN) and indication sequencing during BD assessments, LRP & off-cycle Governances.

This position reports to the Director, PCS Price Forecasting, in US Strategic Pricing org

Responsibilities:

• Subject matter expert guiding broader teams with understanding of US Pricing / Market Access / Reimbursement / IRA issues by therapeutic area in order to objectively assess/demonstrate their impact on US gross and net pricing
• Evaluate & integrate new pricing approaches to inform and shape pipeline asset price potential and implications, by proactively engaging, contributing and liaising with key cross functional partners (USMAx Pipeline, MABI, Finance)
• Define pricing hypothesis, and conduct scenario analysis, identifying appropriate risk-mitigation strategies to be assessed, supporting the development of the EIVP strategy and pricing guidance, in collaboration with USMAx Pipeline, MABI, Finance and other relevant key stakeholders.
• Provide input and guidance on the pricing potential for business development (BD) opportunities by undertaking rapid assessments with the best available data to identify the risks and opportunities that may affect the final asset valuation
• Responsible for collaborating with USMAx Pipeline TA & MABI to support primary and secondary pricing market research using appropriate methodologies aligned with a Strategic Pricing approach
• Coordinating and ensuring appropriate review and approval of BD, early price & pricing guidance across their Brands and indications for preparation of review with Executive Leadership
• Provide accurate and timely pricing information, across pricing and finance processes (LRP) including harmonization and collation of pricing assumptions, creation of price models, coordination of touchpoints with TA team & leadership briefing presentations
• Ad Hoc pricing analytics, such as but not limited to; external price benchmarking, gross to net analysis, IRA economics etc.

• Requires 7-10 years progressive accounting or finance experience
• Ability and desire to proactively search out and evaluate business problems & opportunities
• Ability to solve business problems through the proactive identification of issues and subsequent collection, analysis and interpretation of related data
• Demonstrated problem solving and analysis within a broad framework of AbbVie’s financial policies (CFMs), and Generally Accepted Accounting Principles
• Demonstrated appropriate level of AbbVie leadership attributes and behaviors, this role requires high levels of competence, confidence, and credibility
• Ability to make decisions without a full data set and deal efficiently and effectively with ambiguity and uncertainty
• Excellent verbal and written communication skills
• Bachelor’s Degree in Accounting or Finance
• Preferred: MBA in Accounting or Finance and/or CPA/CMA
• Preferred: Multi-division experience and knowledge of the financial planning process
• Preferred: Knowledge and hands-on experience in the following aspects:
  • designing or implementing pricing strategies and scenario assessments.
  • extensive knowledge of US channel mix and GTN dynamics.

Key Stakeholders:

• Market Access: USMAx Pipeline
• Finance: PCS & US Tx
• MABI
• Commercial: PCS GCL’s
• BD Teams
• IMAP: Strategic Pricing
• IRA Strategy Team

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​

• The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.​ Salary: $121,000 - $230,000

• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.​

• This job is eligible to participate in our short-term incentive programs. ​

• This job is eligible to participate in our long-term incentive programs​

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Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law. 

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community.  Equal Opportunity Employer/Veterans/Disabled. 

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html