Associate Director, Pricing & Contracting Operations

Nuvalent, Inc. • Cambridge, MA

1d

About The Position

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.
Reporting to the Senior Director, Payer & Reimbursement, the Associate 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.

Requirements

• 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
• 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.

Responsibilities

• 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
• 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)
• 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
• 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
• 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level