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Associate Director, Portfolio Insights - Neuroscience

AbbVie, IncNorth Chicago, IL

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Overview

Schedule
Full-time
Career level
Executive
Remote
Hybrid remote
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Company Description

About AbbVie

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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

The Portfolio Insights team is responsible for enabling AbbVie to make data-driven decisions on portfolio choices both within and across Therapeutic Areas (TAs). Portfolio Insights TA leads provide analytics and recommendations to drive better decision-making across the internal portfolio and BD opportunities on a project and TA-level.

The Associate Director, Portfolio Insights- Neuroscience TA lead acts as the voice of Portfolio Insights for their Therapeutic Areas. They will be responsible for presenting and defending recommendations for Therapeutic Area leadership and driving the analytics and co-ordination of inputs across functions to deliver high quality insights.

Responsibilities:

  • Deliver high-impact recommendations for their Therapeutic Areas on project value, trade-offs and scenarios to senior leadership within TAs and in AbbVie governance forums.

  • Proactively identify opportunities where valuation and economic analysis can drive higher quality decision making for asset strategy teams and TAs.

  • Build value metrics (e.g., raNPV, PI) and any required scenario analysis to drive effective drug development decisions, working with ASLs (asset strategy leaders), Search & Evaluation (S&E), program managers, pipeline commercial leads, forecasting teams and others.

  • Coach team members on valuations, economic analysis and best practices for data-driven decision-making.

  • Provide an unbiased assessment of PTRS (probability of technical and regulatory success) for drug development projects, working with clinical development and regulatory teams.

  • Recommend TA-level prioritization of projects within their therapeutic areas, working with TA leadership and members of the portfolio insights team.

  • Support on key business processes facilitated by the Portfolio Insights team as the voice of their Therapeutic Areas (including R&D Plan, Financial LRP, Quarterly Portfolio Prioritization, R&D Productivity).

  • Engage effectively with functional stakeholders (e.g., Finance, PPM) to drive appropriate linkages and constructively pressure testing assumptions/ inputs

  • Work on continuous improvement efforts within Portfolio Insights to improve the team's ability to act as proactive strategic advisors that leverage modernized approaches (including AI/ML based predictive solutions) to drive better-decision making for the Portfolio.

  • Conduct ad-hoc short-term analyses or strategic projects at leadership request

Qualifications

  • Bachelor's degree in scientific or business field required; MBA and PhD in scientific field preferred
  • 7-10 years of experience with multi-faceted, broad based understanding of Pharma R&D business processes, investment stage gating and commercial processes; fewer years can be considered if candidate has advanced degrees (MBA, PhD)
  • Excellent analytical and problem-solving skills with attention to details
  • Experience with multi-faceted, broad based understanding of Pharma R&D business processes, investment stage gating and commercial processes
  • Demonstrated experience working in fast paced settings, with a proven track record of delivering high quality and insightful analyses
  • Effective oral and written communication skills with proven ability to tailor analytical outputs to different audiences
  • Strong presence in meetings with willingness to navigate different functional perspectives and push for "enterprise thinking"
  • Strong organizational and project management skills commensurate with conducting multiple sophisticated analyses across several assets
  • Prior experience in Management Consulting and track record of experience in R&D Strategy / Portfolio prioritization projects a plus
  • This role is hybrid requiring at least three (3) days onsite, Tuesday through Thursday in our AbbVie offices- North Chicago, IL or South San Francisco, CA.
  • This role requires up to ~20% travel.

Key Stakeholders:

  • PPM (program and portfolio management), ASL (Asset strategy leadership), Pipeline Commercialization, Clinical Development, Regulatory, R&D Finance, Commercial Finance, R&D Strategic Resourcing, Commercial Business Units, Search & Evaluation, Business Development, Innovation, Transformation, Statistics, TA Strategy.

Additional Information

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.
  • 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 long-term incentive programs.

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

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FAQs About Associate Director, Portfolio Insights - Neuroscience Jobs at AbbVie, Inc

What is the work location for this position at AbbVie, Inc?
This job at AbbVie, Inc is located in North Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at AbbVie, Inc?
Employer has not shared pay details for this role.
What employment applies to this position at AbbVie, Inc?
AbbVie, Inc lists this role as a Full-time position.
What experience level is required for this role at AbbVie, Inc?
AbbVie, Inc is looking for a candidate with "Executive" experience level.
What benefits are offered by AbbVie, Inc for this role?
AbbVie, Inc offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Paid Holidays, Paid Vacation, Paid Sick Leave, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at AbbVie, Inc?
You can apply for this role at AbbVie, Inc either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.