Neurocrine Biosciences
Executive Director, Contracts, Pricing & Trade
🇺🇸San Diego, California, United States2 days ago
$270K – $368KExecutiveFull Time
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.
Neurocrine Biosciences is a leading neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs. 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, classic congenital adrenal hyperplasia, 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, visit neurocrine.com, and follow the company on LinkedIn, X and Facebook. (*in collaboration with AbbVie)
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Government Price Calculations and Reporting
Ensures compliance with government reporting requirements, including IRA impacts, as well as closely monitor changes that will impact government price reporting
Accountable for accurate and timely submissions of GP reporting obligations, including but not limited to: AMP, BP, FCP, 340B/PHS, ANFAMP, and NFAMP
Accountable for BFFS/FMV assessments as needed
Oversees the state price transparency reporting work group, and submissions
Leads Government Price Reporting and ensure processes and procedures are well-documented
Pricing
Leads and conducts pricing and payer research to support in line pricing actions and pipeline and product launches driven by an understanding and leading all aspects of payer policies and trends that impact the therapeutic area
Responsible for leading and operating Pricing Committee (PC), overseeing the administration and governance, of Pricing Committee including establishment and management of the approval process
GTN Forecasting
Leads quarterly GTN review for finance to ensure accuracy of reporting
Collaborates with Finance to assess the accuracy of GTN forecast/actuals and summarize key drivers for senior leadership
Support the short-term and long-term forecasts and supports analysis and recommendation of both inline and upcoming launch indications/products
Leads pricing, contracting, and related discount forecasting for all access and reimbursement segments
Access Strategy, Contracting and Operations
Leads the development of analytical tools and models to assess deal vs. no-deal scenarios as it relates to contracting in the areas of (Commercial and Part D), Government (DoD, VA, State Medicaid), PBM, and long-term care (LTC) markets
Participates in the goal-setting process for market access performance and establishes defining metrics and processes for real-time measurement in collaboration with leadership to efficiently find opportunities for innovation
Manages the analysis, and defines pricing and contract strategy with the team for: Medicare Part D bids, Commercial, Medicaid, Federal-VA/DoD, GPO, Long-Term Care, and Distribution
Oversees rebate operations and 3PL provider
Trade Strategy & Operations
Leads Neurocrine’ s Trade and Channel strategy according to the brands objectives
Oversees Neurocrine’ s trade operations including but not limited to order processing, inventory management, returns and pharmacy network management
Oversees wholesaler and distributor relationships and contract
Leads negotiations and contracting w/Distribution & channel to ensure minimal impact on GTN
Select Trade and Channel partners(Specialty Pharmacy/Specialty Distributors) – and establish tracking of pertinent data and performance metrics
Landscape/Government regulations
Develops awareness of U.S. healthcare market and government policy changes from a pricing and reimbursement perspective and implications on all key Collaborators.
Responsible for translating regulatory and governmental policy changes into operational impact analysis and recommendations
Shown success in developing and applying strategy and operations through the understanding of the market and industry supporting both in-line and launch of new products, exceeding formulary access and market share goals
Mentor and coach direct reports through creating goals and objectives that support the development of their knowledge, skills and abilities
Perform other duties as assigned
BS/BA degree in Engineering, Science, or Business AND 17+ years of related experience in the pharmaceutical and/or biopharmaceuticals industry (i.e., including specialty drug classes), MBA degree preferred OR
Master's degree preferred AND 15+ years of experience as noted above OR
PhD AND 12+ years of experience as noted above OR
Extensive previous managerial experience also required
Consistently acts as a "trusted advisor" across the company and may be recognized as an external expert
Provides strategy, vision and direction regarding issues that may have company-wide impact
Requires deep knowledge of the functional area, and broad knowledge of multiple areas, business strategies, and the company’s goals
Possesses industry-leading knowledge
Proven leadership skills and ability, including influencing Sr. Management (C-suite)
Ability to effectively manage, mentor and train personnel and ability to motivate and influence personnel to achieve goals
Proven success in developing and applying strategy and operations through the understanding of the market and industry supporting both in-line and launch of new products, exceeding formulary access and market share goals
Extensive expertise in commercial pricing & contracting as well as diversified experience ideally across Medicaid, Specialty Pharmacy, & Trade/ Distribution partners (3 PL)
Demonstrated ability to set up systems capable of managing gross to net calculations, contract development and administration (rebate processing at the commercial and government level)
Expertise in building of contract reporting capabilities
Demonstrated experience and success in Government price reporting and Medicare and Medicaid rebate execution and management
Strong Vendor Management Capabilities - deep assessment of value, vendor contracts, and holding vendors accountable to performance metrics
Strong track record of collaboration with internal and field-based stakeholders on contract management and execution
#LI-JH1
Neurocrine Biosciences is an EEO/Disability/Vets employer.
We are committed to building a workplace of belonging, respect, and empowerment, 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 $269,500.00-$368,000.00. 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 35% 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.
