Associate Director, Government Pricing and Contracts

Department:

Location:

Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease.

At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients.Our work is rewarding - both professionally and personally - because we are making a difference. We are passionate about what we do.

We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission - to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community.

At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients.

Position Summary:
The Associate Director of Government Pricing and Contracts 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 Patient Access team, this role will be called upon to assist in a wide variety of capacities consistent within a rapidly growing organization.

Responsibilities:

* 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 the 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
* 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
* Support the drafting and review of Market Access contracts, in collaboration with Legal and Payer Account Managers
* Manage gross-to-net discount rate forecasting models and process. Support the organization as a subject-matter-expert and point-of-contact on gross-to-net forecast analytics and modeling
* Periodically present contract performance and Government Price Reporting metrics to Market Access and Finance colleagues
* Analyze data from Channel partners and third-party data/service vendors to understand product utilization and customer characteristics
* Work with the Market Access colleagues, including the Payer Account Team, to identify and realize access opportunities, as well as update existing strategies
* 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

Education/Experience Requirements:

* Bachelor's degree, preferably in business, science, or a related discipline. Equivalent combination of education and applicable job experience may be considered.
* 8+ years of experience in pharmaceutical, biotech and/or healthcare industry
* 3+ years of experience in market access insights, analytics, operations, and/or pricing within the pharmaceutical or healthcare sectors

Additional Skills/Experience/Requirements:

* The ideal candidate will embody Travere's core values: Courage, Community Spirit, Patient Focus and Teamwork.
* 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 is highly preferred
* Understanding of Managed Care and Government Payer contracts and redlining process
* Ability to network across a broad internal and external matrix organization and the skills necessary to form strong, productive partnerships and build consensus and acumen
* Analyze market trends, competitor pricing, and reimbursement landscapes to inform strategic decision-making
* Collaborate with cross-functional teams to inform bottom-up forecast models and provide strategic financial inputs for budget planning.
* Good presentation and communication skills, with the ability to explain complex technical concepts to diverse stakeholders
* Functional experience with Excel
* Well organized with the ability to multitask, prioritize, and manage shifting responsibilities in a dynamic, cross-functional teamwork environment.
* Excellent collaboration skills with strong attention to detail and the ability to multi-task and manage complexity.
* Strong interpersonal and organizational skills and excellent verbal and written communication skills are required. Ability to travel 20% domestic and internationally.
* All positions have an essential job function to be able to perform face to face work with colleagues and/or onsite in San Diego. No role is expected to be 100% remote.

Total Rewards Offerings:
Travere provides comprehensive total rewards offerings that demonstrate our commitment as a diverse, equitable, people-centric, and pay-for-performance organization.

Benefits: Our benefits include premium health, financial, work-life and well-being offerings for eligible employees and dependents, wellness and employee support programs, life insurance, disability, retirement plans with employer match and generous paid time off.

Compensation: Our competitive compensation package includes a combination of both cash compensation (base pay and short-term incentive) and long-term incentive compensation (company stock), designed to recognize, retain, and reward employees.

Target Base Pay Range:

*This information is current as of the date of this posting and may be modified in the future. Actual pay offered to a candidate will depend on a variety of factors including the candidate's experience, education, skills, and location.

Travere will accept applications on an ongoing basis until a candidate is selected for the position.

Travere Therapeutics, Inc. is an EEO/AA/Veteran/Disability Employer.

If you require a reasonable accommodation to complete the application or interview process, please contact us by sending an email to accommodations@travere.com. Please note that this email address is to be used exclusively to request an accommodation with the online application, interview or hiring process only. Travere HR will not reply to emails sent to this address for any other reason.