Ferring Holding SA
Senior Manager, Government Pricing & Reimbursement
Ferring Holding SA, Trenton, New Jersey, United States,
Senior Manager, Government Pricing & Reimbursement page is loaded
Senior Manager, Government Pricing & Reimbursement
Apply
locations
Parsippany, New Jersey, United States
time type
Full time
posted on
Posted 12 Days Ago
job requisition id
R0031225
Job Description:
As a privately-
owned,
biopharmaceutical company, Ferring pioneers and delivers life-changing therapies that help people build families and live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while
remaining
agile and true to our ‘people first’ philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world’s oldest enemy: disease.The Senior Manager of Government Pricing and Reimbursement will lead the related areas and report to the Sr. Director, Market Access. Responsibilities include key liaison to the consultant completing government price calculation and submission processes, administration of government contracts, assessment and payment of managed care and government rebates, administration and support of pricing across channels for all inline and launch products. Position would be expected to learn the various aspects of government pricing, be able to challenge reports before submitting, and work with consultant to identify and complete specific products.This position is ultimately responsible for the accurate payment of government rebates and other related fees. This individual will serve as a key resource as it relates to pricing and government price impacts. The individual will also be a subject matter expert to the US Pricing Committee on matters related to Government Pricing.With Ferring, you will be joining a recognized leader, identified as one of “The World’s Most Innovative Companies” by Fast Company, and honored by Fortune with inclusion on its “Change the World List,” for addressing society’s unmet needs. Ferring US is also Great Places to Work Certified, distinguishing it as one of the best companies to work for in the country.Responsibilities:Lead the Government Pricing and Reimbursement function
Maintain compliance with government programs including Medicaid, Medicare Part D, Coverage GAP, Medicare Advantage, TRICARE, VA FSS, and PHS/340B.
Lead the Government Pricing area including external vendors to ensure accurate calculations of monthly/quarterly pricing reports and submissions
Drive initiatives and direction to optimize company net revenue as it relates to government pricing impact
Lead the development of long-term price and contracting administration processes procedures
Work closely with Government Managed Care Field team members and offer development colleagues to develop plans to effectively evaluate contract options that impact any government payers, impacted health systems, Long Term Care, federal markets, Medicaid, and Medicare
Lead efforts to communicate WAC prices and pricing rebate programs for in line and newly launched products, including compendia reporting as well as State price transparency law communications
Requirements:Bachelor’s degree required, Graduate Degree preferred
8+ years’ experience in the US pharmaceutical industry with an emphasis in pricing, finance, and/or market access.
Minimum of 3 years in pharmaceutical Government pricing
Strong understanding of health economics, financial analysis, US Pricing, and Government affairs / policy. Experience using knowledge to diagnose business strengths and weaknesses, and to identify threats and business opportunities
Understanding of buy and bill reimbursement / Medical benefit adjudication
Demonstrated ability to interact with all levels of management including field sales, marketing, medical affairs, regulatory, and vendor partners
Position requires maturity, patience, analytical, excellent verbal, written and presentation skills
Works across and influences multiple functions including regulatory, legal, finance, and consulting partners
Works across all therapeutic areas
Strong planning and modeling skills
Can communicate complex calculations and strategies at an executive level.
Continual education on key industry trends that may impact Ferring business
Manages Vendors and Consultants
Travel 10-20%
Strong computer skills: Word, Excel, Power Point, etc.
Location - Parsippany, NJFerring + youAt Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and
equitable
, and the chance to work with the industry’s most impressive people, these are just some of the ways we live our "People First" philosophy
.Our Compensation and BenefitsAt Ferring, base salary is one part of our competitive total compensation and benefits package and is
determined
using a salary range. The base salary range for this role is $103,550 to $188,500, which is the reasonable estimate of the base compensation for this role. The actual amount paid may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities,
education
and primary work location. Additional compensation for this role will be provided based on competitive annual incentive compensation targets in the form of an annual bonus - payouts are based on individual and company performance.Benefits for this role include comprehensive healthcare (medical, dental, and vision) with a premium differential, inverse to base salary, to be paid by employees, a 401k plan and company match, short and long-term disability coverage, basic life insurance, wellness benefits, reimbursement for certain tuition expenses, sick time of 1 hour per 30 hours worked, vacation time for full time employees to accrue up to
120 hours
in the first four (4) years of employment, and
160 hours
in the fifth (5th) year of employment as well as 12 to 13 paid holidays per year. We are proud to offer
26 weeks
of paid parental leave, learn more about the parental leave offering in our benefits package here
.Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate
on the basis of
race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws
.Join our team and your voice will be heard, and your contributions will be valued. If you love to
come up with
new ways to make a positive difference and see them through, you will fit right
in.We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We
maintain
a drug-free workplace
.Location:
Parsippany, New Jersey
Similar Jobs (1)
Director, Government Pricing, Pricing Administration & Reimbursement
locations
Parsippany, New Jersey, United States
time type
Full time
posted on
Posted 12 Days AgoSupporting our employees' family building journeys
At Ferring, we’re committed to advocating everyone’s right to build a family. That’s why we’re launching our most inclusive and comprehensive family building benefits package yet.The package recognises the complexities of building a family and aims to remove financial barriers associated with fertility treatment and family building options, by providing financial support and a global minimum standard of 26-weeks of paid parental leave. We’ll offer support for fertility treatments, surrogacy programmes, adoption, egg freezing, counselling and related services, as well as paid leave for fertility treatment and adoption procedures.Ferring Project Family
At Ferring, we believe in everyone’s right to a family and we commit to building families of every shape and size.
Millions of people around the world are unable to access the care, treatment and support they need to build a family. We want to change that.
We are addressing some of the greatest challenges in reproductive medicine and maternal health through our research and development programmes.
Learn more about our #FamilyProject CommitmentDriven by its entrepreneurial spirit and enabled by a decentralised organisational setup, Ferring will harness its world-class competencies in science and business with other innovative technologies to create solutions for patients and doctors.By developing an understanding of people’s needs, we will deliver personalised healthcare solutions, integrating pharmaceutical products with diagnostics, data, devices, education and support services to optimise health outcomes.
Ferring will be the world-leading, most trusted healthcare company in reproductive medicine and maternal health, and a leader in specialty areas within gastroenterology and urology. Each of us at Ferring will contribute to providing innovative solutions to help people live better lives. We will devote significant research and development investment to new therapeutics, life cycle management and next generation healthcare solutions.
As a privately owned, specialty healthcare company that operates globally, Ferring will grow revenues at a rate that is 50% faster than the industry average. We will strive for efficiencies in our business and create flexibility to invest in opportunities to build our future.
We are, and continue to be, part of a transparent and aligned company. We strive to best address the needs of patients, stakeholders and customers by collaborating across functions, experimenting and sharing our practices, and continuously learning. We are always guided by the Ferring Philosophy.You can take the first step!
Don't see the dream job you are looking for? Drop off your contact information and resume and we will reach out to you if we find the perfect fit!
#J-18808-Ljbffr
Senior Manager, Government Pricing & Reimbursement
Apply
locations
Parsippany, New Jersey, United States
time type
Full time
posted on
Posted 12 Days Ago
job requisition id
R0031225
Job Description:
As a privately-
owned,
biopharmaceutical company, Ferring pioneers and delivers life-changing therapies that help people build families and live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while
remaining
agile and true to our ‘people first’ philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world’s oldest enemy: disease.The Senior Manager of Government Pricing and Reimbursement will lead the related areas and report to the Sr. Director, Market Access. Responsibilities include key liaison to the consultant completing government price calculation and submission processes, administration of government contracts, assessment and payment of managed care and government rebates, administration and support of pricing across channels for all inline and launch products. Position would be expected to learn the various aspects of government pricing, be able to challenge reports before submitting, and work with consultant to identify and complete specific products.This position is ultimately responsible for the accurate payment of government rebates and other related fees. This individual will serve as a key resource as it relates to pricing and government price impacts. The individual will also be a subject matter expert to the US Pricing Committee on matters related to Government Pricing.With Ferring, you will be joining a recognized leader, identified as one of “The World’s Most Innovative Companies” by Fast Company, and honored by Fortune with inclusion on its “Change the World List,” for addressing society’s unmet needs. Ferring US is also Great Places to Work Certified, distinguishing it as one of the best companies to work for in the country.Responsibilities:Lead the Government Pricing and Reimbursement function
Maintain compliance with government programs including Medicaid, Medicare Part D, Coverage GAP, Medicare Advantage, TRICARE, VA FSS, and PHS/340B.
Lead the Government Pricing area including external vendors to ensure accurate calculations of monthly/quarterly pricing reports and submissions
Drive initiatives and direction to optimize company net revenue as it relates to government pricing impact
Lead the development of long-term price and contracting administration processes procedures
Work closely with Government Managed Care Field team members and offer development colleagues to develop plans to effectively evaluate contract options that impact any government payers, impacted health systems, Long Term Care, federal markets, Medicaid, and Medicare
Lead efforts to communicate WAC prices and pricing rebate programs for in line and newly launched products, including compendia reporting as well as State price transparency law communications
Requirements:Bachelor’s degree required, Graduate Degree preferred
8+ years’ experience in the US pharmaceutical industry with an emphasis in pricing, finance, and/or market access.
Minimum of 3 years in pharmaceutical Government pricing
Strong understanding of health economics, financial analysis, US Pricing, and Government affairs / policy. Experience using knowledge to diagnose business strengths and weaknesses, and to identify threats and business opportunities
Understanding of buy and bill reimbursement / Medical benefit adjudication
Demonstrated ability to interact with all levels of management including field sales, marketing, medical affairs, regulatory, and vendor partners
Position requires maturity, patience, analytical, excellent verbal, written and presentation skills
Works across and influences multiple functions including regulatory, legal, finance, and consulting partners
Works across all therapeutic areas
Strong planning and modeling skills
Can communicate complex calculations and strategies at an executive level.
Continual education on key industry trends that may impact Ferring business
Manages Vendors and Consultants
Travel 10-20%
Strong computer skills: Word, Excel, Power Point, etc.
Location - Parsippany, NJFerring + youAt Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and
equitable
, and the chance to work with the industry’s most impressive people, these are just some of the ways we live our "People First" philosophy
.Our Compensation and BenefitsAt Ferring, base salary is one part of our competitive total compensation and benefits package and is
determined
using a salary range. The base salary range for this role is $103,550 to $188,500, which is the reasonable estimate of the base compensation for this role. The actual amount paid may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities,
education
and primary work location. Additional compensation for this role will be provided based on competitive annual incentive compensation targets in the form of an annual bonus - payouts are based on individual and company performance.Benefits for this role include comprehensive healthcare (medical, dental, and vision) with a premium differential, inverse to base salary, to be paid by employees, a 401k plan and company match, short and long-term disability coverage, basic life insurance, wellness benefits, reimbursement for certain tuition expenses, sick time of 1 hour per 30 hours worked, vacation time for full time employees to accrue up to
120 hours
in the first four (4) years of employment, and
160 hours
in the fifth (5th) year of employment as well as 12 to 13 paid holidays per year. We are proud to offer
26 weeks
of paid parental leave, learn more about the parental leave offering in our benefits package here
.Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate
on the basis of
race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws
.Join our team and your voice will be heard, and your contributions will be valued. If you love to
come up with
new ways to make a positive difference and see them through, you will fit right
in.We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We
maintain
a drug-free workplace
.Location:
Parsippany, New Jersey
Similar Jobs (1)
Director, Government Pricing, Pricing Administration & Reimbursement
locations
Parsippany, New Jersey, United States
time type
Full time
posted on
Posted 12 Days AgoSupporting our employees' family building journeys
At Ferring, we’re committed to advocating everyone’s right to build a family. That’s why we’re launching our most inclusive and comprehensive family building benefits package yet.The package recognises the complexities of building a family and aims to remove financial barriers associated with fertility treatment and family building options, by providing financial support and a global minimum standard of 26-weeks of paid parental leave. We’ll offer support for fertility treatments, surrogacy programmes, adoption, egg freezing, counselling and related services, as well as paid leave for fertility treatment and adoption procedures.Ferring Project Family
At Ferring, we believe in everyone’s right to a family and we commit to building families of every shape and size.
Millions of people around the world are unable to access the care, treatment and support they need to build a family. We want to change that.
We are addressing some of the greatest challenges in reproductive medicine and maternal health through our research and development programmes.
Learn more about our #FamilyProject CommitmentDriven by its entrepreneurial spirit and enabled by a decentralised organisational setup, Ferring will harness its world-class competencies in science and business with other innovative technologies to create solutions for patients and doctors.By developing an understanding of people’s needs, we will deliver personalised healthcare solutions, integrating pharmaceutical products with diagnostics, data, devices, education and support services to optimise health outcomes.
Ferring will be the world-leading, most trusted healthcare company in reproductive medicine and maternal health, and a leader in specialty areas within gastroenterology and urology. Each of us at Ferring will contribute to providing innovative solutions to help people live better lives. We will devote significant research and development investment to new therapeutics, life cycle management and next generation healthcare solutions.
As a privately owned, specialty healthcare company that operates globally, Ferring will grow revenues at a rate that is 50% faster than the industry average. We will strive for efficiencies in our business and create flexibility to invest in opportunities to build our future.
We are, and continue to be, part of a transparent and aligned company. We strive to best address the needs of patients, stakeholders and customers by collaborating across functions, experimenting and sharing our practices, and continuously learning. We are always guided by the Ferring Philosophy.You can take the first step!
Don't see the dream job you are looking for? Drop off your contact information and resume and we will reach out to you if we find the perfect fit!
#J-18808-Ljbffr