Senior Director, New Product Planning

Company: Crinetics Pharmaceuticals, Inc.
Location: San Diego
Posted on: November 6, 2024

Job Description:

Senior Director, New Product PlanningCrinetics is a pharmaceutical company based in San Diego, California, developing much-needed therapies for people with endocrine diseases and endocrine-related tumors. We were founded by a dedicated team of scientists with the simple belief that better therapies developed from rigorous innovation can lead to better lives. Our work continues to make a real difference in the lives of patients. We have a prolific discovery engine and a robust preclinical and clinical development pipeline. We are driven by science with a patient-centric and team-oriented culture. This is an exciting time to join Crinetics as we shape our organization into the world's premier fully-integrated endocrine company from discovery to patients. Join our team as we transform the lives of others.Position Summary:Responsible for informing strategic direction for Crinetics' current and future early R&D portfolio in partnership with program leads and Global Product Leads (GPLs). This includes utilizing data and market knowledge to identify and initiate optimal approaches to both current product value and future areas of opportunity. Lead internal New Product Planning (NPP) function and manage external agencies to ensure stakeholder alignment. Also, a key contributor to analyses and strategic insights to inform the clinical and commercial development of pipeline products, as well as collaboratively building sound commercial assessments of potential new assets for the organization.Essential Job Functions and Responsibilities:

• Oversee and lead the New Product Planning function within the Corporate Strategy group, comprised of two (2) direct reports that are responsible for early R&D market insights along with competitive intelligence for the entire portfolio.
• This team and role lead market opportunity efforts around the early R&D portfolio programs by planning and overseeing actionable analyses, integrating findings across multiple studies/analyses, and communicating results persuasively to senior leadership to drive action and impact.
• Acts on behalf of early R&D commercial analytics, insights, and competitive intelligence team (NPP function) as the core strategic partner and advisor to cross-functional stakeholders at senior levels. Serves as strong ambassador of the team to build relationships and trust with stakeholders to deeply understand needs, execute and guide our team's work to meet needs, and synthesize and present findings persuasively.
• Suggests and oversees needs for relevant data through primary market research, secondary analytics and competitive intelligence to build a cohesive point of view, and clearly articulates implications to leadership.
• Analyzes and summarizes data, both independently and through collaboration with other analytics and insights team members, into insights and recommendations that are presented to cross-functional teams and senior leadership.
• Leads peers and junior team members with and without formal authority, will be responsible for motivating team members to execute ad hoc analyses and data to quickly answer questions and drive insight for program stakeholders.
• For assigned area or project(s), independently develops the market opportunity analytics plan, manages related projects, and collects and manages the data in support of the overall plan, or collaborate with key business partners to develop short- and long-range forecasts, integrating emerging market dynamics and competitive assessments.
• Synthesizes complex information from multiple sources (primary market research, secondary analytics, competitive intelligence), identifies opportunities, and develops conclusions and recommendations that can be used by portfolio leadership to make better business decisions, better understand patient segments, competitive threats, and to identify opportunities and potential risks. Leverages primary research data and secondary data sources to inform evidenced-based forecasting models.
• Develop analysis of target markets to determine current and future treatment paradigms, competitive landscape, unmet need, product positioning and value proposition, making commercial judgements around implications.
• Drive development of and maintenance of strategic target product profiles (TPPs) for early R&D pipeline assets in conjunction with program teams.
• Other duties as required.Education and Experience:Required:
  • BS/BA degree and 15 years of work experience including a combination of secondary analytics, primary market research, and/or competitive intelligence experience within the biotechnology/pharmaceutical industry OR
  • Masters/PhD and 12+ years of similar experience noted above OR
  • Working experience with biopharmaceutical market data (meaning of data, limitations of data, ability to manipulate, etc.) including IQVIA/Symphony/Komodo anonymized patient-level data, detailing, shipment, and other related datasets.
  • Business knowledge of pharmaceutical sales, marketing and access/reimbursement with the ability to identify market drivers, trends, issues, etc.
  • Working knowledge of the various methodologies of collecting and analyzing secondary data, primary market research, and competitive intelligence.
  • Strong communication skills (verbal and written); proven ability to work cross-functionally and liaise across stakeholders with a variety of non-technical backgrounds.Preferred:
    • MBA and/or strategic consulting experience a plus.Physical Demands and Work Environment:Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply.Travel:You may be required to travel for up to 5% of your time.The Anticipated Base Salary Range: $203,000-$254,000In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process.Equal Opportunity Employer:Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.Vaccination requirement:Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. "Full vaccination" is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.
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Keywords: Crinetics Pharmaceuticals, Inc., Buena Park , Senior Director, New Product Planning, Executive , San Diego, California