$198,990 - 221,100 yearly
Number of Applicants
:000+
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Director Value & Access Strategy (V&A) – Inclusive of Pipeline and Launch
Parsippany, New Jersey
Hybrid, 3 days on site
The Director of Value & Access Strategy works closely with US Innovative Medicines teams to create and align on the overall strategy and tactics as it relates to value & access. At Teva, Value & Access is responsible for total GTN. This means developing and aligning stakeholders on strategies across Payer/PBM, Wholesale/Distribution, Point of Purchase Channels (i.e. SP, LTC, 340B, etc.), and copay. This person may be responsible for brands across the product life cycle: pre-product launch, launch, in-line, and mature.
The individual in this role is responsible for supporting the organization with strategic, tactical and managerial leadership specific to their assigned assets. This includes working with cross-functional colleagues to profile the access landscape, identify research needs, develop strategies to recommend launch approach, achieve product access goals across all key stakeholders listed above, and, have clear pull through plans. In addition, this individual is responsible for understanding policy implications and creating a “launch-readiness” framework for pr-launch assets.
All areas of responsibility listed below are essential to the satisfactory performance of this position
⦁ Lead the development and evolution of pre-launch payer strategies that maximize patient access to Teva Innovative Medicines brands
⦁ Partner with cross-functional teams to conduct highly innovative research/analytics to define launch pricing, optimizing site specific reimbursement and defining payer access goals
⦁ Integrate payer access strategies into the brand PnL and partner to optimize net sales and GtN
⦁ Present payer issues, opportunities and recommendations to stakeholder leadership teams
⦁ Develop and implement a compelling value story to payers by collaborating with cross functional colleagues including brand teams, market access leadership, pricing and contracting, HEOR, etc.
⦁ Develop and gain approvals for marketing tactics and materials that effectively communicate the payer value story
⦁ Partner with Account Management, Trade, Pricing, Contracting, and I&A to develop appropriate business cases and data analytic packages for pricing and contracting evaluations and decisions
⦁ Identify and address product barriers to payer access and performance by applying advanced understanding of, and experience with, pricing strategies and payer analytics
⦁ Assess the distribution and point of sale dynamics and develop and evolve the distribution strategy to maximize patient access in collaboration with Trade teams, Contracting, and I&A
⦁ Analyze market trends across the payer environment, distribution, therapeutic areas, and brand lifecycle to adjust/update strategies
⦁ Partner with Brand Marketing, Pricing and Contracting, Medical Affairs, and Account Management, Trade, and other internal teams to ensure payer strategy aligns with overall product strategy and company performance objectives
⦁ Collaborate and negotiate to align cross-functional interests
⦁ Contribute to the financial forecasting process in support of regular operational and strategic business reviews
⦁ Track and trend ROI, targeting, formulary status and pull through program effectiveness through various IT and data resources.
⦁ Attend various market access, relevant therapeutic association meetings and customer meetings to stay current on market trends, clinical developments and treatment guidelines.
⦁ Help develop and administer budgets, resource plans, and performance objectives for the team
TRAVEL REQUIREMENTS
Approximately 15% domestic travel throughout the US and Canada.
The annual starting salary for this position is between $198,990 – $221,100 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.
We offer a competitive benefits package, including:
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