Associate Director - Portfolio Insights, Neuroscience

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. 

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Compensation: 141500 to 268500 (USD) (YEARLY)