Director, Market Access Pricing & Contracting

The purpose of Idorsia is to discover, develop and bring more, innovative medicines to patients. We have more ideas; we see more opportunities and we want to help more patients.  In order to achieve this, we will develop Idorsia into a leading biopharmaceutical company, with a strong scientific core.

Headquartered near Basel, Switzerland, the US Commercial Operations & Clinical Development teams are based near Philadelphia, Pennsylvania.  Idorsia is committed to meet the changing needs of healthcare professionals, patients, and their families.  The core of what we do is to bring creative solutions to the market based on our science and data.

Idorsia offers a comprehensive benefits package that includes fully paid health care, dental and vision coverage, group life insurance, disability benefits, Employee Assistance Program (EAP) and Fitness Reimbursement.  We offer driver benefits to our field employees that drive on our behalf.  We offer a 401(k) savings plan with immediate vesting, generous employer match and both traditional and Roth options.  In addition, you may select voluntary benefits, including additional life insurance and legal services/ID theft protection, that best meet you/your family’s needs.  Generous education reimbursement program and flexible summer hours are available.

The Director, Pricing, Contracting & Analytics is responsible for establishing and managing market access pricing & contract strategy as well as hands-on operational aspects that support portfolio products.  Analytics responsibilities encompass Gross to Net projection and other Market Access programs.

Key Responsibilities include:

• Develop, manage and track all commercial and government invoicing procedures for quarterly AMP / ASP CMS reporting requirements.

• • Average Manufacture Price (AMP), Best Price (BP), non-Federal Average Manufacturer Price (nFAMP) and Federal Ceiling Price (FCP).
  • Submit all approved government pricing calculations to the appropriate government agencies within the statutory reporting deadlines.
  • Communicate to 3PL, distributors, and other relevant external trading partners the annual FSS price and quarterly 340B price.
• Manage GTN (gross to net) projections, working closely with FP&A and Accounting teams, providing various rebate/discount liability projection, and assist FP&A team on GTN rate accruals for forecasts, budget and closing activities.
• Deliver all regulatory required reporting for CMS along with all internal finance and accounts receivable requirements.

• • Maintains and updates all applicable SOP’s, SOX documentation and price calculation methodologies, including bona fide service fee assessments.
  • Identifies and resolves compliance issues, questions, or pricing requests received from internal stakeholders, customers, government regulatory agencies, etc.
  • Provides proactive and reactive analytics and insights that help improve forecasting, contracting decisions, pricing decisions and timing.
• Manages third party vendors involved in the government pricing process.

• Monitor, in collaboration with market access peers all “Days on Hand” inventory management and returns goods policy working closely with supply chain for future manufacturing requirements
• Maintain and report all 340b, Federal Supply Schedule and Government Pricing statutory changes as directed by statute
• Monitor State Transparency Reporting Protocols as established by law in coordination with Idorsia US Legal, Ethics and Compliance department
• Completes other State Pharmaceutical Assistance Program and Supplemental Program filings within the allotted time as applicable.
• Oversee all government chargeback programs required by CMS regulatory
• Maintain CMS Master Agreement File
• Monitor all current CMS government regulations and reporting requirements along with proposed changes which will impact Idorsia GTN or future financial reporting processes.
• Oversee and maintain the Medicare Part D Drug Discount GAP reporting as established by law.
• Post Deal analytics and review
• Provide analytical support for Market Access Field team
• Provide proactive and reactive analytics and insights to the business that helps improve forecasting, contracting decisions, pricing decisions, timing, and general business planning.
• Contribute to short and long-term pricing strategies and analyze healthcare policy to identify opportunities necessary to achieve business objectives.

Qualifications:

• Bachelor’s degree required; MBA/Master’s degree preferred.
• 10 years’ experience in the healthcare or pharmaceutical/biotech industry with some or all of that experience in market access government & commercial contracting, pricing and gross to net analytics.
• Excellent modeling skills and proficiency with Excel, PowerPoint and Access.
• Working knowledge and familiarity of syndicated databases such as IQVIA, TRUVEN, ZITTER etc.
• Knowledge and experience with government programs and compliance
• Travel (approximately 5%)                                                      

At Idorsia, we harness the power of difference, authenticity and inclusion to achieve business success. We are committed to fostering respect, fairness and equal opportunities for all job applicants and all our employees.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against based on disability.

Please be informed that if you are selected for this position, your employment will be subject to a pre-employment background screening process, of which you will be informed in greater detail in due course.

Idorsia operates a strictly controlled list of preferred recruitment partners. For those partners who have no valid, signed Master Service Agreement in place with Idorsia, please note that all unsolicited resumes, CVs, anonymous profiles, or any other candidate details submitted through our website or to personal e-mail accounts of employees of Idorsia Pharmaceuticals (including any of its subsidiaries, affiliates or related companies) are considered the property of Idorsia Pharmaceuticals and are not subject to payment of any form of introduction, placement or referral fees.

Pay Transparency Legal Requirement:  Salary Range $185,000 - 225,000.