Manager, Pricing & Contracting
When was the last time you achieved the impossible? If that thought feels overwhelming, you might want to pause here, but if it sparks excitement...read on In 2015, we pioneered a "moneyball for biotech" approach, pooling projects and promising early-stage research from academia together under one financial umbrella to reduce risk and unleash innovation. This model allows science and small teams of experts to lead the way. We build bridges to groundbreaking advancements in rare disease, and develop life-changing medicines for patients with unmet needs as fast as humanly possible. Together we define white space, push boundaries and empower people to solve problems. If you're someone who defies convention, join us and work alongside some of the most respected minds in the industry. Together, we'll ask "why not?" and help reengineer the future of biopharma.
What You'll Do
The Manager, Pricing and Contracting will be responsible for developing, analyzing, and managing pricing strategies and contracting processes with commercial and government payers. This role is key in supporting revenue optimization, ensuring compliance, and driving access for the company's pharmaceutical products.
Responsibilities
Pricing Operations :
- Maintain pricing strategies for new and existing products in alignment with market dynamics, competitive intelligence, and organizational goals
- Partner with cross-functional teams (Market Access, Finance, Legal, Regulatory, etc.) to assess opportunities and risks
- Ensures compliance with State Drug Pricing Transparency regulations and reporting
- Maintain pricing matrices / databases, including but not limited to customer pricing, WAC, Government Pricing, etc
Contract Management :
Facilitate the negotiation, development, and management of contracts with payers, PBMs, wholesalers, GPOs, and other key accountsEnsure timely contract execution and implementation of pricing terms and rebate structuresPartner with finance and legal to ensure compliant contract management and rebate operationsAnalytics and Reporting :
Conduct financial modeling, contract performance reviews, and ROI analysis for existing and proposed contractsTrack and report on pricing and contracting KPIs to internal stakeholders and leadershipCompliance and Governance :
Ensure all pricing and contracting activities are compliant with federal and state regulations, including Medicaid Best Price, AMP, and other government pricing requirementsCollaborate with Legal and Compliance to ensure appropriate documentation and audit readinessCross-Functional Collaboration :
Work closely with Sales, Market Access, Finance, and Trade Operations to align strategies and ensure successful contract implementationSupport forecasting and budget planning processesWhere You'll Work
This position will be expected to be on-site in both our San Francisco and Palo Alto home offices on a weekly basis.
Who You Are
Bachelor's degree from an accredited college / university; MBA or higher degree preferredTen years of biotech / pharma experience, three of which must have been in direct Pricing and Contracting workDemonstrated background and experience in analyzing multiple data sets in line with the current and future policy to build strategies and communicate those strategies to leadershipSkilled at oral and written communication of complex data sets and strategies to leadershipExpertise in both oral pharmacy and injectable / IV medical benefits, Medicare Part B and D (FFS and Managed), Medicaid, and Federal purchasing programsSolid understanding of the evolving health policy and health system environment for specialty oncology therapiesAbility to work interdependently with other departments to execute and operationalize strategies and tacticsCompetent with PowerPoint, Excel, Word, etc.Must be able to meet tight deadlines, stay organized, and be a self-starterRewarding Those Who Make the Mission Possible
We have high expectations for our team members. We make sure those working hard for patients are rewarded and cared for in return.
Financial Benefits :
Market leading compensation401K with 100% employer match on first 3% & 50% on the next 2%Employee stock purchase programPre-tax commuter benefitsReferral program with $2,500 award for hired referralsHealth & Wellbeing :
Comprehensive health care with 100% premiums covered - no cost to you and dependentsMental health support via Spring Health (6 therapy sessions & 6 coaching sessions)Hybrid work model - employees have the autonomy in where and how they do their workUnlimited flexible paid time off - take the time that you needPaid parental leave - 4 months for birthing parents & 2 months for non-birthing parentsFlex spending accounts & company-provided group term life & disabilitySubsidized lunch via Forkable on days worked from our officeSkill Development & Career Paths :
People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobilityWe provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, Spring Health & BetterUp CoachingWe celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunitiesSalary : $135,000 - $175,000 USD