Sr. Analyst, Global Clinical Budget Development - REMOTE
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North Chicago, IL
- Research & Development
- Full-time
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 www.abbvie.com. Follow @abbvie on X, Facebook, Instagram, YouTube, LinkedIn and Tik Tok.
The Senior Clinical Budget Analyst is an individual contributor who works under limited supervision and guidance. This position serves as a subject matter expert in the clinical trial budget development space. Candidate will frequently interact interdepartmentally with R&D, Purchasing and Supply Management (PSM) and Finance business teams/functional areas including Study Forecasters/Financial Analysts, Legal, Clinical Payments, and Global Clinical Site Contracting teams for clinical study budget development. The Sr. Clinical Budget Analyst is also expected to identify and resolve issues that arise to ensure budgets are compliant with study protocol requirements, are aligned with overall study budget projections and consistent with the Fair Market Value (FMV) benchmarking tool (GrantPlan) pricing and thus reflecting the overall financial requirements to support AbbVie’s clinical trials.
Responsibilities
- Prepares global clinical site study budgets to support efficient and compliant budget negotiations using industry cost benchmarking tools, while channeling the focus on accelerating AbbVie’s Portfolio.
- Develop, maintain, and train stakeholders on the use of the global budget development documents, including the Exhibit A and other Fair Market Tool Assessments. Act as the first line of contact to stakeholder to provide strategic insight, when required, into budget building process with difficult protocol situations (i.e., complex clinical protocols, difficult therapeutic areas with high priority studies).
- Lead internal Budget Strategy Meetings and Budget Review Meetings with Clinical Development Operations (CDO), Study Project Manager (SPM), Study Management Associate (SMA), Project Lead (PL), Therapeutic Area Medical Director’s (TAMD), Legal, Outside United States (OUS), US Contract Managers (CM), Payments, to ensure final complete budget is delivered to Contract Managers.
- Actively and effectively communicates status of global budget build with key internal and external stakeholders in a timely manner. Communicates with applicable stakeholders to mitigate any issues that could impact project timelines or other aspects for study start-up.
- Develops the most current and transparent Global and Country specific budget corresponds with industry standards and local requirements.
- Serve as a subject matter expert in medical/CPT code competencies across multiple therapeutic/functional areas.
- Applies United States Medicare Coverage Analysis (MCA) guidelines for applicable therapeutic areas and have a solid understanding of MCA requirements. Able to analyze
- Ability to review and analyze complex protocol amendments and decide budget impact and will work with CDO, OUS, CM to be agile in determining the impact of the protocol and if the changes constitute in a budget amendment.
- Oversee any requests from our stakeholders that may impact the global and country specific budget, using internal request systems.
- Identifies and participates in ongoing process improvement initiatives when appropriate (i.e., new templates/processes etc.)
- BA/BS is required; Science degree is preferred but not required
- Clinical research experience, clinical budget experience in a scientific and financial setting is highly desirable
- Expertise with clinical cost benchmarking tools and/or ICD-9/10 and CPT codes is highly preferred; expertise with Excel is required
- Experience in Outside United States Experience clinical budget development is highly desirable.
- Minimum of 4 years of related job experience with 2 years of clinical budget experience
- Must have demonstrated ability in negotiation skills, project management skills and effective communication and relationship management abilities.
- Must have extreme attention to detail along with an understanding of the quality/compliance environment
- Customer support focused expertise is highly desirable
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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