Summary
Directs Managers and/or senior individual contributors in a matrix environment,
Description
At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com
Job Function:
MarketingJob Sub Function:
Marketing Insights & AnalyticsJob Category:
People LeaderAll Job Posting Locations:
US159 NJ Titusville - 1125 Trenton-Harbourton RdJob Description:
We are searching for the best talent for a Director - New Products & Business Development Analytics to strengthen our team in Titusville, NJ.
About Innovative Medicine
Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow.
Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way.
Learn more at https://www.jnj.com/innovative-medicine
This position will be based in Titusville, NJ, with hybrid attendance including in office 3 days a week.
The US New Product & Business Development Analytics Team helps drive future growth for J&J Innovative Medicines in many ways:
Influencing strategy of late-stage internal assets
Maximizing launch preparedness through insights
Analyzing external assets for potential licensing or acquisition
Providing a data-driven perspective on investment decisions that shape the future US portfolio
The Director of New Products & Business Analytics will provide strategic oversight of analytics, market research, and forecasting to support J&J Innovative Medicines' new product portfolio. This is a player-coach role requiring both oversight and direct responsibility for driving comprehensive business analytics for new products and business development assessments. 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 investment decisions for new products. This leadership role will provide oversight and guidance for two direct reports (Associate Director - Analytics).
Forecast responsibilities include developing and managing patient- or prescription-based models, creating logic for multiple patient segments, indications, and lines of therapies. This involves formulating assumptions that fully consider current and future market dynamics, utilizing primary market research findings, secondary data analysis, analogs, and competitive intelligence. Additionally, the role focuses on evaluating sensitivities and scenarios, creating presentations, and communicating results to senior management to gain alignment. Effective collaboration with various commercial partners (Pricing, Market Access, Finance, Global, etc.) is crucial for 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 to ensure forecast assumptions are well-informed and validated. This position will also lead and guide market research projects including leading research projects that inform investment decisions and can span uncovering customer insights across all stakeholders (HCPs, 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 assessments. This role will also have responsibility for leading the Launch Analytics Roadmap process for pipeline assets as they are identified to embark on the Launch Excellence framework for support. Additionally, leadership of the development and evolution of LaunchEngagement.ai machine learning models in partnership with the Global Data Science team will be a core responsibility for priority assets.
Lastly, this role will assume leadership responsibilities within the broader NPBD team to drive key strategic priorities for the group (Data science, Gen AI, 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/BS is required; MBA preferred.
10 years of relevant business experience in marketing, finance, business analytics, strategic planning, or management consulting required.
Demonstrated and consistent track record of 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 required.
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.
Preferred:
7 years of healthcare (pharmaceutical or medical device) experience is preferred.
Experience 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.
This position will require domestic travel <10%, including local travel.
The anticipated base pay range for this position is $146,000 to $251,850. The Company maintains highly competitive, performance-based compensation programs. Under current guidelines, this position is eligible for an annual performance bonus in accordance with the terms of the applicable plan. 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. · Please use the following language:
Employees and/or eligible dependents may be eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance.
Employees may be eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
This position is eligible to participate in the Company’s long-term incentive program.
Employees are eligible for the following time off benefits:
Vacation – up to 120 hours per calendar year
Sick time - up to 40 hours per calendar year; for employees who reside in the State of Washington – up to 56 hours per calendar year
Holiday pay, including Floating Holidays – up to 13 days per calendar year of Work, Personal and Family Time - up to 40 hours per calendar year
Additional information can be found through the link below. https://www.careers.jnj.com/employee-benefits
The compensation and benefits information set forth in this posting applies to candidates hired in the United States. Candidates hired outside the United States will be eligible for compensation and benefits in accordance with their local market."
Johnson & Johnson is an 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, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act.
Johnson and Johnson is committed to providing an interview process that is inclusive of our applicants’ needs. If you are an individual with a disability and would like to request an accommodation, please email the Employee Health Support Center (ra-employeehealthsup@its.jnj.com) or contact AskGS to be directed to your accommodation resource.
The anticipated base pay range for this position is :
$146,000 to $251,850Additional Description for Pay Transparency:
