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Senior Director Patient Affordability - Remote

Teva Pharmaceuticals
Parsippany, United StatesRemotefull_timeVerifiedPosted 21 Nov 2024

About the role

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 recognit

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Company

Teva Pharmaceuticals

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