Associate Contracts Pricing & Trade Director
Job Description
Who We Are:At Neurocrine Biosciences, we pride ourselves on having a strong, inclusive, and positive culture based on our shared purpose and values. We know what it takes to be great, and we are as passionate about our people as we are about our purpose - to relieve suffering for people with great needs, but few options.
What We Do:Neurocrine Biosciences is a leading neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine, and neuropsychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, chorea associated with Huntington's disease, endometriosis* and uterine fibroids*, as well as a robust pipeline including multiple compounds in mid- to late-phase clinical development across our core therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science. For more information, visitneurocrine.com, and follow the company on LinkedIn, X (Formerly Twitter) and Facebook. (*in collaboration with AbbVie)
About the Role:
Responsible for developing and implementing market access agreements with various organizations to ensure competitive access for Neurocrine's products. Analyzes contracting impact, provides insights, ensures pricing compliance, and supports process improvement and compliance oversight. Works closely with legal and compliance teams to manage complex contractual rebate obligations and validate account performance results._
Your Contributions (include, but are not limited to):Facilitate pricing and execution for INGREZZA and other assets in the pipeline
Develop thorough, and meaningful analytics pre and post execution to clearly communicate contract results and performance
Contribute to shaping the scope and approach for contracting with access stakeholders, including Pharmacy Channel, Commercial Payers, Government Payers, etc.
Handle the execution and communication aspects of pricing and contracting, including supporting the preparation of materials for pricing committee meetings, communicating pricing and access strategy to the executive committee and other senior leaders, and informing external stakeholders and field personnel as needed
Oversee State Price Transparency Reporting to ensure timely completion of government price reporting requirements and compliance with state price transparency regulations. Effectively lead and manage vendors and internal stakeholders to achieve this
Support Gross-to-Net projection and accrual process: develop and run reports from the projection model, perform analysis, and collaborate on accruals
Support internal and external audits
Stay informed about the market access and health policy landscapes, understanding key legislative policies like the Inflation Reduction Act (IRA), and staying abreast of payer and access stakeholder evolution, pricing, and payment changes that could impact Neurocrine
Develop key actionable insights via conceptualizing complex data into concise and actionable insights from access customer (Specialty Pharmacy, Specialty Distributor, Long Term Care Specialty Pharmacy, etc.)
Develop insights, strategies, and tactics for market access to include, but not limited to: coverage dashboards and payer team performance metrics
As required, attend Field Sales and other company meetings, industry conferences, and customer meetings to stay current on the competitive environment, challenges, and other relevant issues
Other duties as assigned
BS/BA degree in business or science Fields and 10+ years of experience in healthcare/pharma; ophthalmic and/or biopharma launch experience and operations and analytics strongly preferred OR
Master's degree or MBA preferred and 8+ years of related experience
Anticipate business and industry issues; recommend relevant process / technical / service improvements
Demonstrate broad expertise or unique knowledge
Excellent communication (verbal/written), presentation, problem-solving, analytical thinking and project management skills
Strong mentoring skill and abilities; typically mentors lower-level employees and/or indirect teams
See broader picture and longer-term impact on division/company
Ability to meet multiple deadlines across a variety of projects/programs, with a high degree of accuracy and efficiency
Understand coverage, and payments across all payer types
Understand and monitor payer policies and trends that impact the therapeutic area
Working knowledge of reimbursement, clinical coding/terminology, managed care, and healthcare policy
Ability to build relationships with Managed Care, Trade, and Policy executives
Ability to work effectively in a cross-functional matrix environment
Good understanding of regulatory, legal, compliance requirements for success
Skilled at negotiating with business partners or management and influencing senior level leaders regarding matters of significance to the organization
Proficient at creating and communicating a clear vision among team members effectively aligning resources and activities to achieve functional area and/or organizational goals
Ability to complete quantitative and qualitative analyses of complex strategic initiatives
Knowledge of the business models, influence/impact, and decision drivers of U.S. commercial and government payers and PBM's as well as channel customers (i.e., pharmacy and distribution, etc.)
Understanding of reimbursement methodologies utilized by commercial and government payers under pharmacy benefits
Demonstrated ability to effectively communicate complex business challenges and data-driven recommendations to senior leaders
Ability to create contracting and pricing tactics to implement strategic goals
Innovative and able to invent and create opportunities
Ability to work in a quickly shifting and fast paced environment
Proficiency in Microsoft Office, Outlook and database applications
#LI-SL1
Neurocrine Biosciences is an EEO/AA/Disability/Vets employer.
We are committed to building a diverse, equitable, and inclusive workplace, and we recognize there are a variety of ways to meet our requirements. We are looking for the best candidate for the job and encourage you to apply even if your experience or qualifications don't line up to exactly what we have outlined in the job description.
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The annual base salary we reasonably expect to pay is $167,000.00-$241,925.00. Individual pay decisions depend on various factors, such as primary work location, complexity and responsibility of role, job duties/requirements, and relevant experience and skills. In addition, this position offers an annual bonus with a target of 30% of the earned base salary and eligibility to participate in our equity based long term incentive program. Benefits offered include a retirement savings plan (with company match), paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage in accordance with the terms and conditions of the applicable plans.
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