Full-Time

Associate Market Access Manager

Posted on 8/8/2024

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Biotechnology
Healthcare

Compensation Overview

$88.8k - $126kAnnually

+ Equity Program

Junior, Mid

Alameda, CA, USA

Position requires onsite presence in Alameda, CA.

Category
General Marketing
Growth & Marketing
Required Skills
Sales
Word/Pages/Docs
Marketing
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in Business, Biology, Engineering/Bioengineering, or related field with 2+ years of marketing experience within the medical device or a similarly regulated healthcare industry, or equivalent combination of education and experience
  • Master’s degree in business, Engineering, Biology, or related field preferred
  • Experience successfully collaborating with colleagues at a variety of levels and areas of an organization
  • Advanced oral, written, and interpersonal communication skills
  • High degree of accuracy and attention to detail
  • Proficiency with MS Word, Excel, and PowerPoint
  • Excellent organizational skills with ability to prioritize assignments while handling various projects simultaneously
Responsibilities
  • Provide support cross-functional teams on development of health economic, value messaging, reimbursement and coverage strategies based on robust understanding of physicians, business/practice managers, payers, and their decision-making systems.
  • Collaborate with market access team to develop key relationships with providers, payer, international reimbursement teams and sales force as appropriate.
  • Support each customer group in a manner that reflects their needs and expectations of the business partnership and work with internal cross-functional teams to communicate the Penumbra value proposition.
  • Assist in providing perspectives on economic buyer and commercial payer-related issues related to reimbursement, coverage, and contracting for the Penumbra product portfolio.
  • Work with senior management to help execute and implement new strategy for business.
  • Communicate effectively to keep internal stakeholders regularly informed about coding/coverage/reimbursement issues affecting the company and its customers.
  • Support vendor relationships and projects as needed.
  • Provide support to continuing U.S. customers via field-oriented product support activities.
  • Participate in field training on market access, and in the development of training materials.
  • Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.
  • Understand relevant security, privacy and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.
  • Ensure other members of the department follow the QMS, regulations, standards, and procedures.
  • Perform other work-related duties as assigned

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products, such as the Penumbra System and the Indigo System, are designed for use in hospitals and clinics, helping healthcare professionals address issues like stroke and other vascular diseases. These devices work by providing advanced tools for interventions in neurology and vascular surgery, allowing for effective treatment options. Unlike many competitors, Penumbra focuses specifically on these specialized areas, ensuring their products are tailored to the needs of medical professionals in these fields. The company's goal is to continuously improve and innovate their medical devices to enhance patient care and support healthcare providers in delivering effective treatments.

Company Stage

IPO

Total Funding

$116.7K

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for minimally invasive procedures aligns with Penumbra's product offerings.
  • The global neurovascular devices market is projected to grow at 8.5% CAGR until 2030.
  • Penumbra's European launch of BMX81 and BMX96 expands its market presence.

What critics are saying

  • Recent layoffs in the Immersive Healthcare division may indicate financial strain.
  • The EMBOLIZE trial could divert resources from core product lines.
  • Regulatory challenges in Europe may impact sales of new products like BMX81 and BMX96.

What makes Penumbra Inc unique

  • Penumbra offers a comprehensive range of neuro and peripheral vascular devices.
  • The company focuses on innovative solutions for stroke and neurovascular disease treatment.
  • Penumbra's global presence spans North America, Europe, Asia, and Australia.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Paid Vacation

Paid Sick Leave

Paid Holidays

INACTIVE