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AstraZeneca · 2 months ago

Actuary Strategy Director

Full-time

Onsite

Director/Executive

$182K/yr - $272K/yr

7+ years exp

AstraZeneca is a global biopharmaceutical company committed to making an impact and finding answers to challenges in healthcare. The Director, Actuarial Strategy will lead the development of an actuarial function within the Market Access organization, providing insights and strategies to enhance product access and financial storytelling for product launches.

BiopharmaBiotechnologyHealth CareMedicalPharmaceuticalPrecision Medicine

Comp. & Benefits

Responsibilities

Provide unique insights to the access and contract strategy, marketing and account management functions, including informing the annual budgeting and forecasting process

Conduct competitive analyses in anticipation of market events

Closely partner with company leadership in domains such as performance/insights, finance, and policy to identify opportunities to leverage data and analysis to inform and execute strategy in these areas

Leverage Medicare expertise including manufacturer discount program, rebate dynamics, Medicare price negotiation, and risk adjustment

Provide actuarial insights to inform new product launch strategies

Conduct analysis, pricing & risk assessments to estimate financial implications of account projections

Evaluate changes in account-specific payer contracts and programs to make recommendations to improve brand performance

Provide analysis of regulatory and policy reforms and articulate implications on both internal and external stakeholders (such as payers, providers, and patients)

Leverage CMS guidance and regulatory changes to evaluate actuarial related impacts to Medicare bid process or other markets from the payer perspective and communicate to stakeholders across the organization

Create best-in-class actuarial messaging and ways of working across the Market Access organization within AZ

Lead and support educational sessions on payer perspective, actuarially-driven decision making, and other related topics

Support development of innovative contracting strategies

Collaborate with other actuarial directors to strategically build out the function and enhance the development of actuarial best practices to change how we interact with key accounts and to support going broader and deeper with key stakeholders

Connect with industry thought leaders in actuarial science and provide ad-hoc support and liaise with top actuarial firms to support key objectives as outlined above

Qualification

Actuarial credentialsHealthcare actuarial experienceActuarial consultingMedicare expertiseProject management skillsCommunicationTeam collaborationConflict resolution

Required

Bachelor's degree required (actuarial science, mathematics, statistics, data science, or related)

Actuarial credentials: Fellow of the Society of Actuaries (FSA) in the Health track and Member of the American Academy of Actuaries (MAAA)

7+ years of healthcare actuarial experience

Actuarial consulting

Deep experience in healthcare industry with payers and pharmaceuticals

Experience working as an actuary at a PBM, health plan, or GPO

Excellent written and verbal communication

Strong project management skills including the ability to lead and drive multiple high priority projects with senior leadership, build project work plans, anticipate major contingencies, synthesize discussions, and seek action

Proven track record in business planning, developing and executing projects with cross-functional team

Ability to work collaboratively in a team-based environment and gain alignment across multiple stakeholders in the organization

Adept at managing business challenges, conflict resolution, and making appropriate trade-offs to meet business objectives

Preferred

Second degree, e.g. Masters, MBA, PhD

Medicare actuarial experience

Benefits

Short-term incentive bonus opportunity

Equity-based long-term incentive program (salaried roles)

Retirement contribution (hourly roles)

Commission payment eligibility (sales roles)

Qualified retirement program [401(k) plan]

Paid vacation and holidays

Paid leaves

Health benefits including medical, prescription drug, dental, and vision coverage

Company

AstraZeneca

Glassdoor4.1

AstraZeneca is a pharmaceutical company that discovers, develops, manufactures, and markets prescription medicines. It is a sub-organization of Investor.

Founded in 1999

Cambridge, Cambridgeshire, GBR

10001+ employees