Associate Director, Government Pricing

Regeneron Pharmaceuticals, Inc; United States; Remote; USD 114,800 - 187,400; Full time

Job summary

A leading biopharmaceutical company is looking for an Associate Director, Government Pricing, to join their team in the United States. The role involves ensuring compliance with pricing regulations and accurately calculating government pricing. Applicants should have a bachelor's degree and at least 7 years of experience in Government Pricing or related fields. Strong analytical skills, attention to detail, and excellent communication skills are essential. The salary range for this position is $114,800 – $187,400 annually.

Qualifications

• 7+ years of experience in Government Pricing or a related field such as finance or accounting.
• Strong analytical skills with a focus on data interpretation.
• Ability to convey information effectively to all levels.

Responsibilities

• Calculate, validate, and report accurate government pricing.
• Ensure compliance with pricing and reporting requirements.
• Monitor policies and procedures for ongoing compliance.

Skills

Government pricing rules

Analytical skills

Communication skills

Problem-solving

Attention to detail

Education

Bachelor's degree

Job description

The Associate Director, Government Pricing (GP) position is a key member of Regeneron’s government pricing team, which supports the accurate calculation and timely submission of all required government price reporting.

Responsibilities include assuring compliance with all pricing and reporting requirements legislated by CMS, the Department of Veterans Affairs, and any state legislation required for price reporting. This includes a full understanding of current legislation and staying abreast of pending legislation. The role requires mastery of Medicaid, Medicare Part B, Public Health Service (PHS)/340B, and Federal Supply Schedule (FSS) calculations, including TriCare and the Industrial Funding Fee (IFF). The Associate Director works collaboratively with Contracting Strategy to support overall strategy, contracting, and payment activities.

Typical Day

• Calculate, validate, and report accurate monthly, quarterly, and annual government pricing.
• Submit and monitor State Price Transparency regulations.
• Explain calculation assumptions and methodologies and research and communicate causes of variances between periods.
• Ensure compliant submissions, including G/L reconciliations, Class of Trade (COT) review, and PHS/340B eligibility review.
• Review calculations with Senior Management, obtain approval signoff, and execute any required SOPs before communicating prices to agencies or internally.
• Maintain and update SOPs and assumptions quarterly, related to Government Programs/Pricing.
• Monitor policies, procedures, and processes to ensure ongoing compliance with internal and external requirements.
• Estimate impact of pricing and policy changes on government pricing.
• Perform pricing research and analysis on special projects as assigned.
• Review commercial contract language regarding 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 for tracking‑customer violations, Bona Fide Service Fee treatments, and COT assignment.
• Represent Government Pricing and Contract Operations on cross‑functional teams as a subject‑matter expert to evaluate and implement business strategies.
• Liaise with Commercial Leadership, Pricing, Trade, Brand, and Accounting/Finance teams on issues impacting government pricing.
• Apply Fair Market Value methodology to determine bona fide service fees paid to wholesalers, PBMs, and GPOs.

The Role May Be For You If

• Understanding of current government pricing rules, regulations, and calculations.
• Capability to identify problems, conduct analysis, and use judgment to determine existence of issues and propose solutions.
• Highly analytical, able to interpret data and its commercial impact.
• Ability to decipher calculations to determine key causes of variances.
• Strong communication skills, capable of conveying information to all levels of the organization.
• Process oriented.
• Track record of managing competing priorities, meeting challenging deadlines, and working independently and across organizations.
• Demonstrated attention to detail, accountability for results, flexibility, and adaptability in a rapidly changing environment.

Applicants should have a bachelor’s degree and 7+ years of experience in Government Pricing or a related field such as finance, accounting, Medicare/Medicaid, with strong analytical skills. The position may require occasional travel.

Salary Range (annually) \$114,800.00 – \$187,400.00

Regeneron is an equal‑opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, or belief; sex; nationality, national or ethnic origin; civil status; age; citizenship status; membership of the Traveler community; sexual orientation; disability; genetic information; familial status; marital or registered civil partnership status; pregnancy; gender identity; gender reassignment; military or veteran status; or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company’s business.