Manager, Economic Modeling

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 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.

Job Function:

Market Access

Job Sub Function:

Health Economics Outcomes Research

Job Category:

Professional

All Job Posting Locations:

Titusville, New Jersey, United States of America

Job Description:

Johnson & Johnson is recruiting for a Manager, Economic Modeling to be located 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

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/.

Johnson & Johnson is seeking a candidate to enhance our economic modeling capability.  In this capacity the Manager, Economic Modeling, will design and deliver rigorous economic modeling analytics that address business questions, and will champion best in class modeling methodology within Scientific Evidence & Policy Research (SEPR) at Scientific Affairs. The Manager will be an integral part of the Innovative Scientific Analytics (ISA) team 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 modeling analytics. This person will design, lead, and execute economic modeling plans and ensure high-level technical, scientific, and methodological expertise. The successful candidate will apply computational methods for economic modeling and predictive analytics, and establish and maintain modeling standards of excellence that are intended for novel economic model development and communication. Activities may also include:  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.

Additional responsibilities of this position include:

• Develop best in class innovative modeling methodology (parametric and/or non-parametric economic modeling 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 subject matter expert to strengthen our proposition and capabilities in North America 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 modeling 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 disease progression models, budget impact models, cost-per-responder 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.

 

Qualifications

• A minimum of a Master’s degree is required, in health economics, biostatistics, decision sciences, industrial engineering, operations research, or related relevant discipline. A doctorate degree, such as PhD or PharmD, is strongly preferred.
• A minimum of 4 years of relevant research experience or 2 years with a doctorate degree is required.
• Hands-on experience with discrete event simulation, partitioned survival model, or Markov model using R, Python, or Excel/VBA is required.
• Experience with advanced survival analysis, network meta-analysis, and matching-adjusted indirect treatment comparison is required.
• Strong written and oral communication skills and experience working with consumers of health economic information are 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 R, Python, SAS, Stata, 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, biostatistics, psychometrics, and medical writing is preferred.
• Previous experience in oncology, hematology, immunology, or neuroscience is preferred.
• Experience with novel techniques such as machine learning, artificial intelligence, predictive modeling 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 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.

Required Skills:

 

 

Preferred Skills:

Business Alignment, Coaching, Critical Thinking, Cross-Functional Collaboration, Data Savvy, Economic Conditions, Health Economics, Market Opportunity Assessment, Outcomes Research, Pharmacoeconomics, Pricing Strategies, Process Improvements, Product Portfolio Management, Relationship Building, Stakeholder Engagement, Technical Credibility

 

 

The anticipated base pay range for this position is :

$117,000.00 - $201,250.00

Additional Description for Pay Transparency:

The anticipated base pay range for this position is $ 117,000-201,250.00


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. ·
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."


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.
Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:

• 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