AbbVie

Associate Director, 340B Strategy & Innovation

AbbVie$130K — $160K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's degree preferred.
  • 7+ years in healthcare with substantial 340B experience.
  • Experience within 340B at a TPA, hospital, or similar organization.
  • Proven leadership skills with cross-functional influence.
  • Experience in building and executing processes, especially in compliance.

Responsibilities

  • Support stakeholders with 340B-related inquiries and disputes.
  • Develop strategies for engaging in good faith and manage audits.
  • Create educational materials to enhance 340B knowledge.
  • Inform advocacy efforts with various stakeholders.
  • Collaborate with COE Business Operations to drive initiatives.
  • Lead the development of audit-ready procedures with legal.
  • Monitor and report on regulatory changes affecting 340B.

Benefits

  • Medical, dental, and vision insurance.
  • Paid time off including vacation, holidays, and sick leave.
  • Participation in 401(k) plan for eligible employees.
  • Eligibility for long-term incentive programs.
Full Job Description
Job Description

The 340B Drug Pricing Program has become a critical issue impacting AbbVie's business. Originally designed to help safety-net hospitals and clinics give better care to underserved communities, it has now grown exponentially and deserves a greater level of focus. Over the past few years, AbbVie has implemented important strategies and policy changes to tackle this growth, but its impact on AbbVie's portfolio and the complexity of 340B-related issues now require a more dedicated, strategically resourced approach.

Therefore, AbbVie has established a high-profile 340B Center of Excellence (COE) that brings together a team of experts who will utilize analytics and insights to drive strategy, proactively address the growth of 340B, and create new solutions to issues identified within the program. COE leaders will work with Government Affairs and Legal to develop longer-term solutions and shape reforms while simultaneously collaborating with essential partners including Marketing, Finance, Market Access, Public Affairs, and other key partners to deliver meaningful business solutions and impact.

The 340B Strategy and Innovation Associate Director reports to the 340B Strategy and Innovation Director and is an expert in the business implications and operations of the 340B program. The Associate Director is a member of a group that monitors the external landscape to identify areas of 340B exposure and related growth drivers and helps develop near- and long-term strategies to address findings and optimize growth.

The Associate Director will:
  • Support both internal and external stakeholders in 340B related requests, disputes, and general inquiries
  • Develop investigative capabilities to initiate good faith engagements and manage 340B audits and ADR activity.
  • Develop materials and studies to upskill the 340B knowledge of internal and external stakeholders.
  • Inform advocacy efforts (federal, state, advocacy groups, and market influencers).
  • Work closely with the 340B COE Business Operations group to drive Center of Excellence deliverables.

Primary responsibilities for this leadership position include, but are not limited to:
  • Member of a high-performing team, fostering a positive culture and ensuring high levels of cross-functional coordination and strategic/tactical planning through ongoing communications.
  • Execute 340B strategies and enhancements to AbbVie policy; establish and monitor workstreams and provide leadership updates.
  • Develop Good Faith Inquiry/Engagement processes and build a platform supporting incoming and outgoing inquiries.
  • Partner with Legal to create an "audit-ready" process and documentation capture.
  • Investigate anomalous activity to inform 340B COE initiatives, strategies, and policies.
  • Support the COE's 340B audit process (both initiation and response) and serve as the point of contact for third-party auditors.
  • Scan the market for 340B growth trends and emerging tactics and recommend potential actions.
  • Investigate internal 340B cases referred to the COE and work toward resolution.
  • Collaborate with the 340B COE Business Operations group on initiatives and new findings.
  • Monitor statutory and regulatory changes related to the 340B program and coordinate with stakeholders across the enterprise to ensure ongoing compliance.
  • Work with AbbVie 340B federal and state legislation colleagues to provide guidance as needed.
  • Develop data and analyses to support third-party advocacy efforts.
  • Liaise with AbbVie's Pipeline Team and Business Development to provide 340B insights.
  • Develop organizational 340B training and increase enterprise 340B knowledge.
  • Engage with external 340B stakeholders to support 340B related requests, disputes and general inquiries as it relates to Trade/Wholesale, AbbVie specific policies,
  • Build strong internal relationships with key stakeholders including Legal, Government Affairs, Public Affairs, Finance, Market Access/Trade, Employer Teams, MABI, BTS, and others.
  • Independently identify, troubleshoot, and resolve issues while exercising sound judgment and taking initiative with minimal oversight.


Qualifications
  • Bachelor's degree required; Master's degree preferred.
  • Minimum of 7 years in the healthcare industry with significant 340B strategic and operational experience.
  • Experience working within the 340B program at a TPA, hospital, or related 340B stakeholder organization.
  • Leadership experience and influencing cross-functional partners is essential for success.
  • Experience building and executing processes.
  • Candidates should have a working knowledge of the compliance and regulatory environment for manufacturers in the pharmaceutical space.

Skills/Knowledge Required:
  • Ability to articulate a vision and strategy.
  • Problem solving creativity and resourcefulness to "think outside the box".
  • Possesses a curious and persistent mindset, comfortable in ambiguity.
  • Ability to simplify the complex and identify what's is essential
  • Demonstrated ability to manage multiple projects in fast-paced, entrepreneurial environment.
  • Ability to influence across functions to gain consensus on solutions.
  • Excellent leadership, management and organizational skills, along with problem solving, conflict resolution and team building.
  • Ability to effectively plan, prioritize, execute, follow up and anticipate problems.
  • Ability to lead across multiple functions (sales, managed healthcare, trade, marketing).


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 thisposting 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 anduntil paid and may be modified at the Company's sole and absolute discretion, consistent with applicable law.

About AbbVie

AbbVie develops pharmaceuticals and medical devices. They provide products and services to therapeutic areas including immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology.

AbbVie Careers

Joining AbbVie means becoming part of a global team dedicated to making a remarkable impact on patients' lives. At AbbVie, our employees are united in the pursuit of groundbreaking innovation and are committed to transforming the future of healthcare with leading-edge science.

Work You’ll Do

At AbbVie, you’ll collaborate with some of the brightest minds in the industry to solve challenging problems that have a high impact on society. Our culture fosters growth and embraces leadership and diversity training, ensuring that every team member can thrive.

Explore Job Opportunities

AbbVie offers a wide range of job opportunities and career paths, providing a platform where professionals can propel their careers forward. From research and development to marketing and sales, the potential to make a significant impact is limitless.

Internship Programs

Kickstart your career with an AbbVie internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at AbbVie are considered integral members of the team and are given tasks that are both challenging and rewarding.

Professional Growth and Development

We believe in nurturing our team's professional growth through comprehensive training programs, leadership development opportunities, and continuous learning. Our commitment to your career growth is reflected in our robust offerings that enhance your skills and knowledge.

Benefits and Culture

AbbVie is dedicated to supporting our employees' well-being both inside and outside of work. Our benefits package includes health, financial, and social benefits that are designed to support the diverse needs of our employees. Our inclusive culture encourages collaboration and innovation, fostering a workplace where all can excel.

Hiring Process

Our hiring process is designed to ensure a match that will be beneficial both for the company and for your career aspirations. From resume submission to interview, each step is an opportunity to showcase your skills and fit with the AbbVie team.

Networking and Career Advancement

At AbbVie, networking doesn’t just enhance your career; it propels it. We encourage our employees to engage internally and externally to build relationships that foster personal and professional growth.

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Whether you’re seeking to advance your career in a dynamic and empowering environment, or looking for a place where you can innovate, lead, and contribute to something bigger, AbbVie is the place for you. Join us in our mission to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow.
Learn more about AbbVie
Size
50,000 employees
Market Cap
$288.5 billion
Industry
Net Income
$4.6 billion
Founded
2013
5 Year Trend
+17%
Revenue
$45.8 billion
NASDAQ

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