Job Information
J&J Family of Companies Director , New Products & Business Development Analytics in Titusville, New Jersey
Director , New Products & Business Development Analytics - 2406193174W
Description
Johnson & Johnson Innovative Medicine is seeking a driven and dedicated Director - New Products & Business Development Analytics, to strengthen our New Products & Business Development team in Titusville, NJ. This is one of two open roles. If you are ready to join an outstanding team that thrives on diversity, continuous growth, and endless opportunities, then this is the perfect opportunity for you!
Caring for the world, one person at a time, has been the driving force behind Johnson & Johnson for over 130 years. We believe in harnessing the power of research and science to bring innovative ideas, products, and services that enhance the health and well-being of people everywhere. As the world's most comprehensive and broadly-based manufacturer of healthcare products, Johnson & Johnson offers a unique environment where you can make a real impact every day. We strive to improve access and affordability, create healthier communities, and put a healthy mind, body, and environment within reach of everyone, everywhere.
For more than 130 years, diversity, equity & inclusion (DEI) has been a part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. Rooted in Our Credo, the values of DEI fuel our pursuit to create a healthier, more equitable world. Our diverse workforce and culture of belonging accelerate innovation to solve the world’s most pressing healthcare challenges.We know that the success of our business – and our ability to deliver meaningful solutions – depends on how well we understand and meet the diverse needs of the communities we serve. Which is why we foster a culture of inclusion and belonging where all perspectives, abilities and experiences are valued and our people can reach their potential.
At Johnson & Johnson, we all belong.
This position will be based in Titusville, NJ, with hybrid attendance including in office 3 days a week. The US New Product & Business Development Team helps drive future growth for Janssen in many ways:
Shaping Disease Area strategy
Progressing later stage internal assets through the pipeline
Analyzing external assets for potential licensing or acquisition
Providing a unified and informed perspective on investment decisions that affect the future US commercial business.
The Director, New Products & Business Analytics, one of two roles, will provide strategic oversight for J&J Innovative Medicines new products business plans and long-range financial forecasts. This is a player-coach role requiring oversight and direct responsibility for executing comprehensive business analytics for new products and business development assessments. Projects involve optimizing commercial drug development strategies via licensing, acquisitions, and new product evaluations. Primary responsibilities include leading and providing oversight of Forecast Modeling, Secondary Data Analyses and Primary Market Research Studies to properly evaluate business opportunities and support stage gated decisions for new products. This leadership role will provide strategic oversight and guidance to one direct report (Associate Director - Analytics).
Forecast responsibilities include development and management of forecast models that are patient or prescription based, developing logic for multiple patient segments/stages, indications and lines of therapies. Development of assumptions with full consideration of current and future market dynamics based on application of primary market research findings, secondary data analysis, analogs, and competitive intelligence is a primary responsibility. Additionally, evaluating sensitivities and scenarios, creating presentations, and communicating results to senior management to gain alignment are key areas of focus for the role. Effective collaboration with various commercial partners (Pricing, Market Access, Finance, Global etc.) is critical to achieving success in this position.
Secondary data analysis includes mining and analyzing multiple data sources to deliver clear, concise customer and market insights to drive decision making. This includes obtaining, querying, and analyzing several types of data, such as claims data, epidemiology, lab values, prescription level data as well as leveraging syndicated reports (Data Monitor, Evaluate Pharma, Decision Resources, various Financial Analyst Reports,) to ensure forecast assumptions are well-informed and validated.
This position will also lead and guide Primary Market Research initiatives. Market Research responsibilities include leading research projects that inform investment and pipeline decisions, including uncovering customer insights across all stakeholders: HCP’s, patients, and payers to develop clear and compelling recommendations to senior management.
The role will partner extensively with cross functional teams including commercial leaders in US and Global functions to gather, understand and evaluate customer insights to support internal and external assessment. Additionally, this role will have responsibility for leading the Launch Analytics Roadmap process for pipeline assets as they are identified to embark on the LaunchX framework for support.
Lastly, this role will assume leadership responsibilities within the broader NPBD team to drive key strategic priorities for the group (Data science, GenAI, best practices, team culture). The successful candidate will act as a trusted advisor to the respective TA Lead and Directors in NPBD to ensure alignment on key strategies for new products and new business opportunities to drive future growth.
This role will report to the Senior Director - New Products Business Development Analytics.
Qualifications
Required:
BA/BA is required, MBA preferred.
10 years of experience with relevant business experience in marketing, finance, or business analytics, strategic planning, or management consulting required.
Demonstrated and consistent track record building forecast models and delivering forecasts with sound logic and full consideration of market dynamics is required.
Proven analytical skills and learning agility to coach and train colleagues across multiple functions required.
Proficient knowledge and ability to analyze secondary data and integrate the conclusions is required.
Experience and working knowledge of various (quantitative and qualitative) primary market research methodologies is strongly preferred.
Demonstrated ability to integrate and leverage insights and analytics required.
Experience in developing comprehensive and impactful recommendations and solutions that drive key decisions required.
Excellent communication and presentation skills are required. Proven ability to present evaluations to Senior Management is required.
General management attitude, business acuity, critical thinking required.
Preferred:
7 years in health care (pharmaceutical or medical device) experience is preferred.
Experience with collaborating and leading in a matrix environment including global organizations and operating companies is preferred.
Expertise in working across the life cycle, from pre-New Molecular Entity (NME) to post-launch is preferred.
At least 2 years of people management experience is preferred in addition to a proven track record with talent development and empowering an accountable team.
Diversity of experience is preferred, with demonstrated learning agility to be able to move across different types of markets.
Oncology experience is preferred.
The base pay range for this position is $142,000 to $244,950. The Company maintains highly competitive, performance-based compensation programs. Under current guidelines, this position is eligible for an annual performance bonus. The annual performance bonus is a cash bonus intended to provide an incentive to achieve annual targeted results by rewarding for individual and the corporation’s performance over a calendar/performance year. Bonuses are awarded at the Company’s discretion on an individual basis. Employees may be eligible to participate in Company employee benefit programs such as health insurance, savings plan, pension plan, disability plan, vacation pay, sick time, holiday pay, and work, personal and family time off in accordance with the terms of the applicable plans. Additional information can be found through the link below.
Information on benefits can be viewed by following this link: https://www.careers.jnj.com/employee-benefits
Johnson & Johnson is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
For more information on how we support the whole health of our employees throughout their wellness, career and life journey, please visit www.careers.jnj.com (http://www.careers.jnj.com).
Primary Location NA-US-New Jersey-Titusville
Organization Janssen Pharmaceuticals, Inc. (6062)
Travel Yes, 10 % of the Time
Job Function Business Intelligence
Req ID: 2406193174W