Crinetics Pharmaceuticals, Inc.

Senior Manager, Pricing Operations

Crinetics Pharmaceuticals, Inc.$145K — $181K *
US-AnywhereRemote in United States
Pharmaceuticals & Biotech
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, science, or related field; equivalence considered.
  • 12+ years in pharmaceutical, biotech, or healthcare sectors; 6+ years in market access.
  • Deep understanding of Market Access, payer dynamics, and reimbursement strategies.
  • Expert knowledge of federal healthcare programs and price reporting.
  • Proficient in AMP, Best Price, and related pricing metrics.
  • Exceptional organizational and communication skills; excel in collaboration.
  • Functional experience with Excel.

Responsibilities

  • Lead operational activities for Market Access contracts; ensure compliance with reporting and payment obligations.
  • Manage government price reporting; ensure accuracy and timely submissions for various price types.
  • Collaborate with pricing and contracting teams for accurate submission of information to ELT.
  • Work closely with third-party partners on contract payments and price reporting.
  • Stay informed on federal and state laws impacting Market Access.
  • Collaborate with legal and other departments to understand regulatory implications.
  • Manage discount rate forecasting models and provide expertise in gross-to-net analytics.
  • Analyze channel partner data for insights on product utilization and customer characteristics.
  • Validate rebate claims; ensure timely customer payments.
  • Communicate relevant information consistently across Commercial and Finance teams.
  • Maintain and update SOPs for pricing, contracting, and reporting.

Benefits

  • Discretionary annual target bonus.
  • Stock options and Employee Stock Purchase Plan (ESPP).
  • 401k matching contributions.
  • Comprehensive health insurance plans, including medical, dental, vision, and life insurance.
  • 20 days of paid time off (PTO) and 10 paid holidays.
  • Winter company shutdown for additional time off.
Full Job Description

Position Summary:

TheSenior Manager, Pricing Operations, will support the development and execution of market access strategies. This role will have the opportunity to meaningfully support pricing and contracting strategy and operations within a dynamic, start-up environment. The ideal candidate will have a strong understanding of US Market Access, including strategic and operational pricing, contracting, reimbursement, and strategies for new product launches. In addition, the candidate should have a deep understanding of key stakeholders, including Government and Commercial payers, PBMs, and specialty pharmacies.

As a member of the broader Market Access team, this role will be called upon to assist in a wide variety of capacities consistent within a rapidly growing organization.

Essential Job Functions and Responsibilities:

These may include but are not limited to:

  • Lead all operational activities for Market Access contracts, including ensuring compliance with Commercial and Government reporting and payment obligations.
  • Lead government price reporting activities, including ensuring accuracy and timely submission of all relevant government price types, such as AMP, Best Price, 340B Ceiling Price, Medicaid URA, NFAMP, and required state price reporting.
  • Collaborate with Director, Pricing and Contracting, and other colleagues in Market Access to submit accurate pricing and contracting information for ELT review and approval.
  • Work in close collaboration with the third-party contract payments and government price reporting partner.
  • Stay up to date with federal and state laws and regulations related to Market Access.
  • Collaborate with Legal, Corporate Communications, and Government Affairs partners to understand the implications of laws and regulations, both current and pending.
  • Manage gross-to-net discount rate forecasting models and processes.
  • Support the organization as a subject-matter expert and point-of-contact on gross-to-net forecast analytics and modeling.
  • Analyze data from channel partners and third-party data/service vendors to understand product utilization and customer characteristics.
  • Review and validate commercial and government rebate claims and ensure timely payment to customers.
  • Effectively communicate information on a consistent basis to different functional areas in the Commercial and Finance organizations.
  • Maintain, execute, and update Standard Operating Procedures (SOPs) for pricing, contracting, and government reporting.
  • Other duties as assigned.

Education and Experience:

Required:

  • Bachelors degree, preferably in business, science, or a related discipline. Equivalent combination of education and applicable job experience may be considered.
  • 12+ years of experience in pharmaceutical, biotech and/or healthcare industry, with 6+ years of experience in market access insights, analytics, operations, and/or pricing.
  • In-depth knowledge of Market Access dynamics, payer landscapes, reimbursement strategies, and GTN accounting principles.
  • Expertise in Federal Healthcare Programs and government payments and price reporting.
  • Knowledge of AMP, Best Price, SPTR, and NFAMP pricing dynamics.
  • Strong interpersonal and organizational skills and excellent verbal and written communication skills are required.
  • Functional experience with Excel.

Preferred:

  • Understanding of Managed Care and Government Payer contracts.
  • Expertise in analyzing market trends, competitor pricing, and reimbursement landscapes to inform strategic decision-making.

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.

Travel:

You may be required to travel domestically for up to 20% of your time.

Salary Range

The salary range for this position is: $145,000 - $181,000.

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.

About Crinetics Pharmaceuticals, Inc.

Crinetics Pharmaceuticals, Inc. is a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is CRN00808, an oral selective nonpeptide somatostatin receptor type 2 biased agonist, which is in Phase III clinical trials for the treatment of acromegaly, an orphan disease. Crinetics Pharmaceuticals, Inc. was founded in 2008 and is headquartered in San Diego, California.
Learn more about Crinetics Pharmaceuticals, Inc.
Size
143 employees
Market Cap
$871.3 million
Industry
Net Income
-$66.7 million
Founded
2008
5 Year Trend
+12.8%
Revenue
$390,000
NASDAQ

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