Associate Director, Economic Modeling
Johnson & Johnson Co.
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Job summary
Johnson & Johnson in Titusville, NJ invites an Associate Director, Economic Modeling to design and deliver rigorous economic models supporting the Innovative Medicine US portfolio. You will establish modeling standards and coordinate with SEPR across Scientific Affairs, NPBD, and Global Health Economics.
You will lead early-stage and post-launch models, guide trial designs, perform budget impact analyses, and communicate outcomes to stakeholders, with occasional travel.
Qualifications
- Master’s degree in health economics or related field.
- 6+ years’ relevant health economics modelling experience.
- Experience building health economic models.
- Experience with payer-focused modeling and outcomes research.
- Strong communication and project management skills.
Responsibilities
- Develop best-in-class econometric and cost-effectiveness models.
- Lead modeling strategy for US Innovative Medicine portfolio.
- Collaborate with cross-functional teams across regions.
- Support clinical trial designs and early pipeline decisions.
- Horizon scan advances in modeling methodology and standards.
- Present results and re-analyze with NA market focus.
Skills
Education
Tools
Job description
At Johnson & Johnson,we believe health is everything. Our strength in healthcare innovation empowers us to build aworld where complex diseases are prevented, treated, and cured,where treatments are smarter and less invasive, andsolutions 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 jnj.com
As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.
Market Access
Health Economics Outcomes Research
Professional
Titusville, New Jersey, United States of America
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
Seeking to enhance our economic modeling capability. In this capacity the Associate Director, Economic Modeling , will design and deliver rigorous economic modelling analytics that address business questions, and will champion best in class modeling methodology within Scientific Evidence & Policy Research (SEPR) at Scientific Affairs.
The Associate Director will be an integral part of the Real World Analytics and Research teams and will closely work with stakeholders within Scientific Affairs, Medical Affairs, New Products & Business Development (NPBD), Strategic Customer Group, Global Health Economic Modeling, and other functions to perform scientifically rigorous modelling analytics. This person will design, lead, and execute economic modelling plans and ensure high-level technical, scientific, and methodological expertise. The successful candidate will apply computational methods for economic modelling and predictive analytics, and establish and maintain modelling standards of excellence that are intended for novel economic model development and communication.
leading the J&J Innovative Medicine US, Scientific Affairs’ economic modeling strategy to evolve the assessment of outcomes across therapeutic area (TA) in Innovative Medicines; horizon scanning key developments in economic modeling methodology and international/ national standards and bringing this insight into J&J Innovative Medicine US, Scientific Affairs; early modeling for strategic input to development design and strategy; input to global core models; and local model adaptations and budget impact tools.
- Develop best in class innovative modeling methodology (parametric and/or non-parametric economic modelling techniques) that ensures optimal access for J&J Innovative Medicine US portfolio.
- Align on the J&J Innovative Medicine US external strategy to evolve payer methodology in the assessment of the value of J&J Innovative Medicines US portfolio.
- Serve as the modeling SME to strengthen our proposition and capabilities in NA for economic model development, with strong in-house expertise in economic modeling.
- Engage early with product development by supporting clinical trial designs in the US market, which includes guiding go/no-go decision-making for early pipeline products, right patient population and right comparator(s), also to collaborate with Global Health Economics to create US models or adapt models tailored to specific population of interest in the US.
- Horizon scan latest advances in modeling methodology from academia, payers and competitors embedding key learnings.
- Assess urgent modelling requests for IRA (e.g., from ICER) and for health policy evaluations with ongoing collaboration with business partners (e.g., New Products and IRA, Access and Policy Research).
- Lead cost-effectiveness models, budget impact models, and systematic literature reviews in collaboration with cross-functional local, regional and global teams.
- Provide modeling input to Value Story development and updates.
- Lead early-stage and post-launch economic models to inform strategies in collaboration with business partners.
- Interpret clinical studies results and plan additional statistical analyses needed for core models and model adaptations, including indirect treatment comparisons.
- Presenting, obtaining feedback, and re-analyzing model results, with a focus on the NA market needs.
- Assist in design and execution of epidemiological funnel development with in-house expertise in methodology.
- Thought leadership on modeling internally and externally, to help shape the business environment and standards.
- A minimum of a Master’s degree is required, in health economics or related relevant discipline. A doctorate degree, PhD, is preferred.
- A minimum of 6 years’ experience or 4 years’ experience with a doctorate degree, of relevant prior work experience is required for the Associate Director.
- Experienced in developing health economic models is required.
- Experience working with consumers of health economic information is required.
- Statistical skills, in particular in advanced survival analyses is required.
- Self-motivation, self-initiation, and ability to meet deadlines are required.
- Scientific lead and project management experience is required.
- Experience using Visual Basic, and software such as TreeAge Pro, R, SAS, Stata, SPSS or WinBUGS for model development and data analysis is strongly preferred.
- Academic training and industry or payer experience in statistics, health economics, and outcomes research is preferred.
- Knowledge of economics, epidemiology, psychometrics, and medical writing is preferred.
- Previous experience in multiple disease areas is preferred.
- Strong written and oral communication skills are required.
- Strong project management skills are required.
- Experience with data visualization techniques such as with Tableau and Spotfire is preferred.
- Experience with novel techniques such as machine learning, artificial intelligence, predictive modelling is preferred.
- May require up to 10% travel.
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 & 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, external applicants please contact us via https://www.jnj.com/contact-us/careers , internal employees contact AskGS to be directed to your accommodation resource.
Consulting, Critical Thinking, Cross-Functional Collaboration, Data Savvy, Economic Conditions, Health Economics, Market Opportunity Assessment, Mentorship, Organizing, Outcomes Research, Pharmacoeconomics, Pricing Strategies, Product Portfolio Management, Relationship Building, Stakeholder Engagement, Technical Credibility
$137,000.00 - $235,750.00
Subject to the terms of their respective plans, employees are 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.
Vacation -120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado -48 hours per calendar year; for employees who reside in the State of Washington -56 hours per calendar year
Holiday pay, including Floating Holidays -13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave - 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave - 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave - 80 hours in a 52-week rolling period10 days
Volunteer Leave - 32 hours per calendar year
Military Spouse Time-Off - 80 hours per calendar year
For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits
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