Director, Pricing and Contracting

Director, Pricing and Contracting

Director, Pricing and Contracting

Apply remote type Remote locations San Diego, CA time type Full time posted on Posted 2 Days Ago job requisition id JR000230

Crinetics is a pharmaceutical company based in San Diego, California that develops much-needed therapies for people with rare endocrine diseases. 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 robust pipeline across preclinical and clinical development. 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. Come join our team as we transform the lives of others.

Position Summary :

The Director, Pricing and Contracting, will lead the development and implementation of pricing strategies and contract management for all products. This position is responsible for establishing competitive price points, managing contracts with payers and healthcare providers, and ensuring compliance with legal and regulatory guidelines. This position will also be responsible for providing pricing input to the GPT and forecasting for pipeline programs.

Essential Job Functions and Responsibilities :

These may include but are not limited to :

• Develop, manage, and maintain Crinetics’ brand pricing and contracting strategies through product lifecycle and that align with optimal market performance.
• Work with internal stakeholders to develop strategies and recommendations to optimize Crinetics’ pricing and contracting effectiveness, patient access, and competitive advantage.
• Execution of list and net pricing strategies, and monitoring and evaluation of contract performance for all customer segments (e.g., Managed Care, Non-Federal Hospitals, Long-Term Care, Medicare Part D, Medicaid (FFS & MM), Exchanges and Federal).
• Oversee Government Contract operations, including ensuring accurate and timely submissions across Government Prices, such as AMP, BP, 340B, URA, NFAMP, other state reporting, and validations of TPA calculations.
• Function as Government Pricing lead over the Sub-Certification process to assess impact of internal controls and changes to the process flows as they relate to the accurate calculation of Government Price types.
• Stay abreast of macro trends in the healthcare environment that potentially impact current and / or future product pricing, contracting, and associated strategies across Crinetics’ product portfolio.
• Develop, analyze, and manage contract offerings for managed care accounts in collaboration with account management team. Ensure execution of approved and finalized customer contracts, including timely and accurate hand-off to other internal partners / stakeholders.
• Monitor existing customer contracts using approved performance methodologies and tools, including identifying and recommending opportunities for improvement.
• Ensure all pricing and contracting activities adhere to industry regulations, and internal policies maintain business integrity and ethical standards.
• Collect, interpret, and disseminate internal and external pricing and contracting information to help internal customers, partners, and other stakeholders with timely decision-making, aligning with brand and corporate opportunities and / or risks.
• Work with finance to develop and maintain gross to net forecast and government rebate forecast (including Medicare and Medicaid rebates), and to accurately reflect gross / net revenues and respond to audit requests.
• Build strong relationships with internal and external stakeholders, including payers, healthcare providers, and industry organizations.
• Establish performance metrics to evaluate the effectiveness of pricing strategies and contract initiatives; report findings to senior management and recommend improvements.
• Other duties as assigned.

Education and Experience :

Required :

Preferred :

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 30% of your time.

The Anticipated Base Salary Range : $180,000 - $225,000

In 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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Salary : $180,000 - $225,000