United States onlyThe Company:With deep expertise in chemistry, Nuvalent is working to create selective medicines designed with the goal to address the needs of patients with cancer. Nuvalent is an exciting early-stage company, bringing together experienced scientists and industry veterans with a proven track record in drug discovery, oncology drug development, and company building.
The Role:
Reporting to the Senior Director, Payer & Reimbursement, theAssociate Director, Pricing & Contracting Operations plays a critical role in shaping and executing the company’s pricing and contracting strategies to optimize access to Nuvalent’s product portfolio, as well as playing a key part in driving pricing and contracting strategy and management.
We are a growing pharmaceutical company with a commitment to delivering innovative, oral targeted therapies for oncology patients. We are seeking a dynamic and strategic professional to lead pricing and contracting operations. This individual will support launch planning and execution by preparing strategic pricing frameworks and payer contracting strategies. They will serve as a cross-functional catalyst to optimize market access and net revenue across payer segments, while ensuring operational excellence and compliance in pricing and contract execution.
Responsibilities:
Strategic Pricing Operations
- Assist in the development and lead implementation and optimization of pricing strategies for in-line and pipeline oncology products
- Serve as the operational manager of the Pricing Committee, including:
- Managing agenda, preparation and facilitating meetings
- Aligning stakeholders and driving strategic input
- Documenting decisions and actions
Contracting Execution & Management
- Design and manage contracting strategies across key segments: Commercial, Medicare, GPOs, Medicaid, 340B, VA, Payers/PBMs, and IDNs
- Manage day-to-day contract execution and issue resolution
- Submit new contracts and updates to contract terms
- Maintain GPO rosters, updating the 3PL as needed, and prepare quarterly business review (QBR) insights in collaborations with account director teams
- Oversee 340B contract pharmacy vendor partnerships
- Facilitate and resolve escalations from Patient Assistance Program (PAP)
Data & Insights Collaboration
- Monitor competitive pricing intelligence and shifts in market dynamics
- Partner with the Commercial Insights & Analytics team to ensure accurate data ingestion, analytics and delivery
- Support Finance-led reporting with analytical and operational coordination
Access Optimization
- Collaborate across internal teams to assess and remove barriers to access:
- Partner with Finance, Payer National Accounts, Health Systems Strategic Engagement, Patient Services and Field Reimbursement Managers
- Engage with Sales to proactively identify payer policy issues, product formulary status challenges, and denial trends
- Support rebate dispute resolution and update internal teams on progress
VA/FSS Contract Administration
- Collaborate with Finance and Vendor to facilitate and execute all Requests for Modification (RFM)
- Support the 5-year Contract Solicitation and Interim Agreement
- Collaborate with Finance and Vendor to complete Public Law 102-585 submission and documentation
- Monitor the Tracking Customer and initiate a change if required
- Complete the initial registration and annual renewals of SAM.gov
Competencies:
Competencies Include:
- Demonstrated passion for improving patient access and outcomes.
- Problem-Solving: Proactive approach to resolving complex access issues.
- Analytical Skills: Ability to interpret coverage trends & payer policies to identify barriers and implement solution-oriented strategies to optimize patient access.
- Business Acumen: In-depth understanding prior authorization, coding, billing, patient services, and specialty pharmacy processes.
- Provider Engagement: Building strong relationships with healthcare providers and office Highly responsive; ability to support escalations outside of local time zone working hours, as needed.
- Cross-Functional Collaboration: Partnering with sales, market access, patient services, and medical affairs. Foster a culture of empowerment, collaboration, and a focus on patient impact.
- Team Leadership: Proven leadership and conflict resolution skills.Encourage collaboration, innovation, and new ideas while integrating information from various sources.
- Clear Communication: Highly effective presentation, communication, emotional intelligence, and facilitation & interpersonal skills.Ability to explain complex reimbursement processes in simple terms.
- Process Improvement: Identifying opportunities to streamline reimbursement workflows.
- Adaptability: Managing evolving payer landscapes and policy changes.
Qualifications:
- Bachelor’s degree required; Master’s degree or MBA preferred
- Minimum of 7+ years of experience in pricing and contract operations within the pharmaceutical or biotech industry
- Management and payer contracting; oral oncology experience preferred
- Deep understanding of U.S. reimbursement landscape, regulatory frameworks and government policy developments and their implications
- Self-starter who thrives in a dynamic, entrepreneurial environment
- Successful track record working in a fast-paced companies experiencing rapid-growth
- Excellent interpersonal skills, with the ability to gain alignment by working collaboratively and inclusively across functional teams
- Strong verbal and written communications; Proven ability to grow and collaborate others
- Record of achievement, innovation and compliance
Additional Information:
Nuvalent is committed to fair and equitable compensation practices, aiming to provide employees with competitive total rewards packages.
The targeted salary range below reflects what Nuvalent reasonably and in good faith expects to offer for this position at the time of posting, but the final salary determination may be within or outside this range based on various factors, including, but not limited to, experience, skills, education, and market factors. The range will be reviewed regularly and is subject to change.
Nuvalent also offers a comprehensive benefit package to support our employees at each stage of their career, financial, health, and well-being journey, including medical, dental, and vision insurance, 401(k) retirement savings plan, generous paid time off (including a summer and winter company shutdown), and much more.
Nuvalent provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to religion, race, creed, color, sex, sexual orientation, alienage or citizenship status, national origin, age, marital status, pregnancy, disability, veteran or military status, predisposing genetic characteristics or any other characteristic protected by applicable federal, state or local law.
Nuvalent is aware that many companies are dealing with fraudulent job postings on third-party employment search sites and/or individual(s) or entities claiming to be employees of such companies. Those involved are offering fraudulent employment opportunities to applicants, often asking for sensitive personal and financial information, and using such information for criminal activities.
Please be advised that all legitimate correspondence from a Nuvalent employee will come from "@nuvalent.com" email accounts. Automated system response emails from our Greenhouse applicant tracking system come from a “no-reply@greenhouse.io” email address. There are no variations of these email addresses and Nuvalent would not request personal and/or financial information via email. Job opportunities would only be extended after a completed job application is submitted by a candidate and a thorough interview process including 1:1 and/or group interviews via phone, video conferencing and/or in-person.
If you believe you have been contacted by anyone misrepresenting themselves as an employee of Nuvalent, please contact Nuvalent at 857-357-7000. Thank you.
