Executive Director, Payer & Pricing Strategy

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Job description

Job Title:Executive Director, Payer and Pricing StrategyLocation:San Diego, CA / Hybrid / RemotePosition type:FLSA:Full timeExemptDepartment:Commercial Strive to Bring a Profound Difference to our Patients At Avidity Biosciences, we are passionate about the impact of every employee in realizing our vision of improving people's lives by delivering a new class of RNA therapeutics. Avidity is revolutionizing the field of RNA with its proprietary AOCs, which are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. If you are a committed, solution-oriented thinker, join us in making a difference and become part of our growing culture that is integrated, collaborative, agile and focused on the needs of patients. Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics - Antibody Oligonucleotide Conjugates (AOCs ). Utilizing its proprietary AOC platform, Avidity demonstrated the first-ever successful targeted delivery of RNA into muscle and is leading the field with clinical development programs for three rare muscle diseases: myotonic dystrophy type 1 (DM1), Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Avidity is broadening the reach of AOCs with its advancing and expanding pipeline, including programs in cardiology and immunology through internal discovery efforts and key partnerships. Avidity is headquartered in San Diego, CA. For more information about our AOC platform, clinical development pipeline, and people, please visit and engage with us on LinkedIn and Twitter . The Opportunity Avidity is seeking an Executive Director of Payer Strategy and Pricing to join our team. You will be responsible for payer partner relationships and contracting activities for the company. In addition to being responsible for all payer contracting activities, you will be in charge of contracting activities related to self-funded employer/purchaser clients. This role is responsible for the analysis of the financial terms of proposed agreements and negotiating financial and other agreement terms. What You Will Contribute

• Lead and/or assist in the execution of strategies and the development of programs and tactics to attain strategic objectives associated with targeted payer segments and trade accounts
• Partner with cross-functional teams to conduct highly innovative research/analytics to define brand payer strategies
• Work with commercial insights colleagues on appropriate pricing strategies
• Coordinate and/or assist in planning and development of reimbursement content for key payer, channel, trade accounts, and other external customers
• Coordinate and manage key vendors to ensure project success
• Identify and assess metrics to ensure successful implementation and operation
• Present payer issues, opportunities, and recommendations to stakeholder leadership teams
• Develop and implement a compelling value story to payers by collaborating with cross-functional colleagues including brand teams, market access leadership, pricing and contracting
• Inform pricing and contracting evaluations and decisions
• Identify and address product barriers to payer access and performance by applying advanced understanding of, and experience with, pricing strategies and payer analytics
• Contribute to the financial forecasting process in support of regular operational and strategic business reviews
• Develop and administer budgets, resource plans, and performance objectives for the team
• Proactively identifies account pull-through opportunities, develops messages and operationalizes initiatives that optimize brand profitability
• Active contributor to forecasting/planning process to ensure sound and aligned assumptions

What We Seek

• 18+ years of experience working in the pharma/biotech field, with 3+ years of experience in Market Access within Payer Marketing required
• 10+ years in a management or leadership role
• Bachelor's degree or equivalent in a related field
• Previous Account management, patient reimbursement services, or contract operations strongly preferred
• Proven track record in pharmaceutical marketing, reimbursement, trade, payer, HUB services and/or sales with relevant experience
• Strong analytical skills, project planning, and organizational skills required
• Ability to proactively analyze business problems, identify key issues, develop solutions, implement tactical programs, and design metrics to measure business impact
• Proven ability to collaborate and work cross-functionally to drive business results
• Strong communication, leadership, and ability to drive influence across stakeholders to set direction, alignment, and ensure outstanding execution
• Strong understanding of the legal and regulatory environment in pharmaceutical promotions, pharma industry guidelines, and other compliance-related issues
• Outstanding project management skills and experience managing multiple vendors, marketing partners and agency partners

What We Will Provide To You

• The base salary range for this role is $293,600 - $324,500. The final compensation will be commensurate with such factors as relevant experience, skillset, internal equity and market factors.
• Avidity offers competitive compensation and benefits which includes the opportunity for annual and spot bonuses, stock options and RSUs, as well as a 401(k) with an employer match. In addition, the comprehensive wellness program includes coverage for medical, dental, vision, and LTD, and four weeks of time off.
• A commitment to learning and development which includes a variety of programming internally developed by and for Avidity employees, opportunities for job-specific training offered by industry, and an education reimbursement program.

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