Novo Nordisk

Associate Alternative Models Strategy Director

Novo Nordisk  •  $150k - $260k/yr  •  New Jersey (Onsite)  •  3 months ago
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Job Description

About the Department

Novo Nordisk’s Market Access and Public Affairs team engages diverse stakeholders across political and healthcare landscapes to forge solutions that drive patient access to innovative products. We strive to deliver the best possible outcomes for patients with diabetes, obesity, growth hormone deficiencies and rare bleeding disorders through mutual wins for both Novo Nordisk and our Market Access customers. Our passion for helping people live better lives and our award-winning product pipeline can only be as effective as our ability to provide information to healthcare providers, key stakeholders and policymakers. Our Market Access and Public Affairs professionals ensure that the latest therapies and products reach the people who need them most, by creating an environment where innovation and chronic disease management drive optimal health outcomes. Are you ready to realize your potential?

The Position

The Associate Alternative Models Strategy Director is responsible for supporting the development and refinement the alternative model and specific alternative channel strategies critical to delivering on our overarching objectives. It involves identifying and evaluating partnerships / collaborations, channels, and services to unlock and enhance patient value. Furthermore, it is the responsibility of the Director of Alternative Models Strategy in close collaboration with the Obesity, Diabetes, and MASH team to ensure strategic alignment between our market access and US operations strategy.

Relationships

Reports to the Director of Market Access Alternative Models. Works closely with senior leaders within MAPA, especially in close collaboration with the Obesity, Diabetes, and MASH team, to provide insights and contribute to high-level discussions. Engages regularly with colleagues across Marketing & Patient Solutions, Executive Office / USO Strategy, Legal, Finance, and other relevant departments. Additionally, interacts daily with Alternative Models’s Director of Strategic Partnership Management and Director of Program Management to ensure coordination and cohesive execution of initiatives.

Essential Functions

  • Perform in-depth market research and analysis to gain an external perspective on model evolution, access dynamics, and competitive activities
  • Supports the development of a comprehensive alternative model strategy, including specific channel strategies such as direct-to-patient and network expansion, to achieve strategic objectives
  • Accountable for strategically managing the alternative model to ensure its ongoing evolution in response to the dynamic competitive and market landscape
  • Supports the creation of an integrated access care model that unifies care delivery, enhances transparency, and facilitates patient navigation and business balance between traditional and alternative channels
  • Develop and maintain a comprehensive framework to evaluate pathways and collaborations, including criteria and market assessments
  • Identify and evaluate new and innovative revenue opportunities within the alternative model market; develop models to evaluate potential profitability and incremental growth
  • Assess new opportunities solutions thoroughly to determine their feasibility, viability, and market alignment before scaling
  • Work closely with MAPA, Marketing, Patient Solutions (MPS), along with other cross-functional teams, to ensure that alternative model strategies align with MAPA and broader organizational needs
  • Establish a process for ongoing monitoring and assessment of strategy performance and market conditions to facilitate continuous evolution, ensuring accountability and timely adjustments
  • Present clear data driven insights and recommendations to inform strategic decision making by relevant leadership
  • Identify risks to alternative model and pathway strategies, adjusting approaches as necessary to mitigate impacts and ensure alignment with strategic objectives
  • Facilitate open communication channels to foster collaboration and share insights, thereby enhancing the effectiveness of commercial strategies
  • Support the development and execution of communication strategies to convey the vision and progress of the alternative model strategy to internal and external stakeholders

Physical Requirements

10-15% overnight travel required.

Qualifications

  • A Bachelor's degree in Business or equivalent experience. MBA, PharmD, or another advanced degree preferred
  • A minimum of nine (9) years of experience in strategy development and strategy execution, with a strong focus on enterprise, commercial strategy, or business development. Experience in diverse sectors, including but not limited to pharmaceuticals, healthcare, CPG, and retail is valuable. An advanced degree may be substituted for 2 years of experience
  • Demonstrated ability to understand and navigate the interconnected nature of various functional areas, ensuring alignment and coherence across cross functional strategic initiatives
  • Proficient in analyzing data and market trends, as well as potential collaborations and partnerships, to create compelling business cases for specific initiatives that support strategic objectives and drive actionable insights
  • Excellent relationship management skills to build and maintain positive relationships with senior leadership representatives as well as with other functions across the organization
  • Strong interpersonal, communication, and presentation skills for effectively conveying ideas and influencing diverse audiences
  • Ability to influence various functional areas and motivate teams to action without direct line management authority
  • Demonstrated ability to adapt to changing responsibilities and evolving dynamics within the industry, reflecting a proactive approach to challenges and opportunities

The base compensation range for this position is $150,000 to $260,000. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance.

Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.

Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk, we're not chasing quick fixes – we're creating lasting change for long-term health. For over 100 years, we've been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of what's possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, we're making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger – a legacy of impact that reaches far beyond today.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

Novo Nordisk

About Novo Nordisk

We’re not your typical healthcare company. In a modern world of quick fixes, we focus on solutions to defeat serious chronic disease and create long-term health.

Our unordinary mindset is at the heart of everything we do. We seek out new ideas and put people first as we push the boundaries of science, make healthcare more accessible, and work to treat, prevent, and even cure diseases that affect millions of lives. Founded in Denmark in 1923, today we employ more than 77,000 people in 80 offices around the world – all united by our bold purpose to drive change to defeat serious chronic diseases. Want to learn more? Visit www.novonordisk.com.

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https://www.novonordisk.com/contact-us/find-local-information.html

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https://www.novonordisk.com/contact-us.html

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Industry
Chemicals & Materials
Company Size
10,000+ employees
Headquarters
Bagsværd, DK
Year Founded
1923
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