Associate Director, Government Pricing
Regeneron
4 hours ago
On-site
United States
Market Access
Associate Director, Government Pricing (GP)
Responsibilities:
- Support accurate calculation and timely submission of required government price reporting.
- Ensure compliance with pricing and reporting requirements legislated by CMS, the Department of Veterans Affairs, and applicable state legislation.
- Apply government pricing calculations for Medicaid, Medicare Part B, PHS/340B, and Federal Supply Schedule (FSS) including TriCare and the Industrial Funding Fee (IFF).
- Calculate, validate, and report accurate monthly, quarterly, and annual government pricing.
- Submit and monitor State Price Transparency regulations.
- Research and communicate causes of pricing variances versus prior periods.
- Perform processes to ensure compliant submissions (e.g., G/L reconciliations, Class of Trade (COT) review, PHS/340B eligibility review).
- Review calculations with Senior Management and obtain approval signoff before communicating prices to government agencies and/or internally.
- Maintain and update SOPs and reasonable assumptions quarterly.
- Monitor policies, procedures, and processes supporting Government Pricing submissions to ensure ongoing compliance.
- Estimate impact of pricing and policy changes.
- Conduct pricing research and analysis on special projects.
- Review commercial contract language related to Best Price (BP), Average Sales Price (ASP), and FSS tracking customers.
- Investigate government pricing trends, cross-channel impact, and provide inputs to the Gross to Net (GTN) team.
- Monitor tracking customer violations, Bona Fide Service Fee treatments, and customer COT assignment.
- Serve as subject matter expert on cross-functional teams and liaison with Commercial Leadership, Pricing, Trade, Brand, and Accounting/Finance.
- Apply Fair Market Value methodology when determining bona fide service fees to wholesalers, PBMs, and GPOs.
Qualifications/Requirements:
- Bachelor’s degree.
- 7+ years of prior experience in Government Pricing OR a related field (e.g., finance, accounting, Medicare/Medicaid) with strong analytical skills.
- Open to traveling at times.
Preferred Skills:
- Understanding of government pricing rules, regulations, and calculations.
- Strong analytical skills; ability to analyze, interpret, and convey data and commercial impact.
- Ability to identify problems, conduct analysis, apply judgment, and propose solutions.
- Strong communication skills across all organizational levels.
- Process-oriented and able to manage competing priorities and meet challenging deadlines; capable of independent and cross-organization work.
- Strong attention to detail; accountability and ownership; flexibility in a rapidly changing environment.
Benefits (explicitly mentioned):
- Comprehensive benefits vary by location; in the U.S. may include medical, dental, vision, life, and disability insurance; fitness centers; 401(k) company match; family support benefits; equity awards; annual bonuses; paid time off; paid leaves (e.g., military and parental leave).
Application Instructions:
- Apply now to take your first step towards living the Regeneron Way.
Responsibilities:
- Support accurate calculation and timely submission of required government price reporting.
- Ensure compliance with pricing and reporting requirements legislated by CMS, the Department of Veterans Affairs, and applicable state legislation.
- Apply government pricing calculations for Medicaid, Medicare Part B, PHS/340B, and Federal Supply Schedule (FSS) including TriCare and the Industrial Funding Fee (IFF).
- Calculate, validate, and report accurate monthly, quarterly, and annual government pricing.
- Submit and monitor State Price Transparency regulations.
- Research and communicate causes of pricing variances versus prior periods.
- Perform processes to ensure compliant submissions (e.g., G/L reconciliations, Class of Trade (COT) review, PHS/340B eligibility review).
- Review calculations with Senior Management and obtain approval signoff before communicating prices to government agencies and/or internally.
- Maintain and update SOPs and reasonable assumptions quarterly.
- Monitor policies, procedures, and processes supporting Government Pricing submissions to ensure ongoing compliance.
- Estimate impact of pricing and policy changes.
- Conduct pricing research and analysis on special projects.
- Review commercial contract language related to Best Price (BP), Average Sales Price (ASP), and FSS tracking customers.
- Investigate government pricing trends, cross-channel impact, and provide inputs to the Gross to Net (GTN) team.
- Monitor tracking customer violations, Bona Fide Service Fee treatments, and customer COT assignment.
- Serve as subject matter expert on cross-functional teams and liaison with Commercial Leadership, Pricing, Trade, Brand, and Accounting/Finance.
- Apply Fair Market Value methodology when determining bona fide service fees to wholesalers, PBMs, and GPOs.
Qualifications/Requirements:
- Bachelor’s degree.
- 7+ years of prior experience in Government Pricing OR a related field (e.g., finance, accounting, Medicare/Medicaid) with strong analytical skills.
- Open to traveling at times.
Preferred Skills:
- Understanding of government pricing rules, regulations, and calculations.
- Strong analytical skills; ability to analyze, interpret, and convey data and commercial impact.
- Ability to identify problems, conduct analysis, apply judgment, and propose solutions.
- Strong communication skills across all organizational levels.
- Process-oriented and able to manage competing priorities and meet challenging deadlines; capable of independent and cross-organization work.
- Strong attention to detail; accountability and ownership; flexibility in a rapidly changing environment.
Benefits (explicitly mentioned):
- Comprehensive benefits vary by location; in the U.S. may include medical, dental, vision, life, and disability insurance; fitness centers; 401(k) company match; family support benefits; equity awards; annual bonuses; paid time off; paid leaves (e.g., military and parental leave).
Application Instructions:
- Apply now to take your first step towards living the Regeneron Way.