Director, Inflation Reduction Act Strategy

Company Description

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas - immunology, oncology, neuroscience, and eye care - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.

Job Description

The Director, Inflation Reduction Act Strategy is business-critical role at AbbVie, created in response to the significant impact of the Inflation Reduction Act (IRA) on the pharmaceutical industry. This director will act as a subject matter expert, providing strategic direction and cross-functional leadership to help AbbVie proactively manage IRA-related risks and opportunities for both current commercial brands and future pipeline products.

Key Responsibilities:

• Partner closely with Commercial Therapeutics, US Market Access, Global Commercial Development (GCD), Finance, Government Affairs, and Legal to understand and dissect IRA's potential effects on individual brands and pipeline assets.
• Be the subject matter expert for therapeutic area leaders, Integrated Brand Teams (IBTs), and Asset Strategy Teams (ASTs) on the implications and timelines of IRA implementation and its long-term impact, raising organizational acumen and preparedness.
• Develop and lead a structured framework for the ongoing evaluation and risk assessment of on-market and pipeline assets, collaborating with IBTs and ASTs.
• Identify and prioritize risks posed by the IRA over the Long Range Plan (LRP) for each asset and facilitate cross-functional risk-navigating teams to propose and drive effective mitigation strategies, including life cycle management, negotiation alternatives, and evidence generation.
• Contribute to portfolio-wide risk stratification and segmentation, enabling AbbVie to focus resources and innovation on areas of greatest need and potential impact.
• Support organizational innovation by driving solutions that minimize IRA risk and maximize opportunity for patients, AbbVie, and the broader industry.

Qualifications

• Bachelor's degree in business or related discipline.
• Master's degree highly desirable to ensure ability to consult on business strategy development and analyze information to build insights.
• 12+ years of progressive experience in highly regulated commercial business; pharmaceutical or healthcare industry strongly preferred.

Preferred Qualifications:

• Advanced degree in life sciences, business, public policy, or related field preferred.
• Extensive experience in the pharmaceutical industry, ideally in portfolio risk management, market access, or strategic planning roles.
• Deep understanding of the US healthcare policy and regulatory landscape; specific knowledge of the IRA is highly valued.
• Strong leadership skills with proven ability to drive cross-functional teams and lead complex projects.
• Exceptional communication, negotiation, and interpersonal abilities.
• Demonstrated analytical thinking and problem-solving skills.

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 short-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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