Payer Engagement Lead - Regional Accounts

Praxis Precision Medicines; United States; Remote; USD 214,000 - 234,000; Full time

Benefits offered by this job

401(k) matching

Stock incentives

Discretionary quarterly bonus

Generous PTO

Job summary

Praxis Precision Medicines seeks a Payer Engagement Lead, Regional Accounts to drive strategic engagement with regional health plans, Medicaid agencies, and payer stakeholders across the United States. You will bridge national access strategy and regional execution, building payer relationships and shaping reimbursement strategies.

This leadership role requires deep regional payer expertise, strong commercial judgment, and cross-functional collaboration with Market Access, Medical Affairs,

Qualifications

• Bachelor's degree required; advanced degree preferred or equivalent experience.
• Extensive experience in pharmaceutical/biotech market access and payer engagement.
• Experience with regional payer organizations (Medicaid, Blue plans, regional payers).
• Strong understanding of U.S. reimbursement, Medicaid policy, and market access dynamics.
• Willingness to travel 50–70% and operate across regions.

Responsibilities

• Develop and execute strategic account plans for regional payers.
• Build trusted relationships with payer leaders on formulary management and coverage policy.
• Communicate clinical and economic value of Praxis therapies for favorable coverage.
• Collaborate with internal teams to align regional and national strategies.
• Monitor Medicaid policy changes and regional reimbursement trends.
• Support launch readiness and regional payer engagements.

Skills

Payer engagement

Regional accounts

Market access

Cross-functional collaboration

Excellent communication

Education

Bachelor's degree

Advanced degree preferred

Job description

Location: United States

Location: This position may be performed remotely, but requires the flexibility and willingness to travel as needed.

The Opportunity

At Praxis, we are building transformative medicines for people living with central nervous system disorders where the need for better treatments remains profound. Ensuring patients can access those therapies requires more than a strong national strategy—it requires trusted partnerships and thoughtful execution in the markets where access decisions are made every day.

The Payer Engagement Lead, Regional Accounts will lead strategic engagement with regional commercial health plans, state Medicaid agencies, Medicaid managed care organizations, regional Blue plans, and other payer stakeholders across the half of the United States. This individual will serve as the bridge between Praxis's national market access strategy and regional execution, helping ensure patients receive timely and sustainable access to our therapies.

This is a builder's role. As Praxis prepares for commercialization, you'll establish meaningful payer relationships, navigate diverse reimbursement environments, and generate insights that influence both regional execution and enterprise strategy. You'll work closely with Market Access, Medical Affairs, Commercial, Legal, Finance, and Executive Leadership to solve complex access challenges while keeping patients at the center of every decision.

Success requires strong regional payer expertise, commercial judgment, intellectual curiosity, and the ability to build trust while influencing across functions and organizations. We are targeting individuals to support the Northeast and Central regions of the US.

Primary Responsibilities

• Develop and execute strategic account plans for regional commercial health plans, Medicaid managed care organizations, state Medicaid agencies, regional Blue plans, and other priority payer organizations throughout the designated region.
• Build trusted relationships with regional payer leaders responsible for formulary management, reimbursement strategy, utilization management, and coverage policy.
• Communicate the clinical, economic, and value proposition of Praxis therapies to support favorable coverage and reimbursement decisions.
• Partner with regional payer stakeholders to support clinically appropriate utilization management criteria that align with the approved label, available evidence, and patient needs.
• Gather, analyze, and communicate regional payer intelligence that informs pricing, evidence generation, commercialization strategy, launch planning, and cross-functional decision-making.
• Identify access barriers and emerging opportunities across the region, partnering internally to develop solutions that improve patient access and commercial performance.
• Collaborate closely with National Payer Engagement, Market Access, Medical Affairs, Commercial, Legal, Finance, and Executive Leadership to ensure alignment between national strategy and regional execution.
• Monitor changes in Medicaid policy, regional reimbursement trends, competitive dynamics, and payer management approaches that may impact Praxis therapies.
• Support launch readiness activities and represent Praxis as a trusted partner throughout regional payer engagements.

Qualifications and Key Success Factors

• Bachelor's degree required; advanced degree in business, healthcare, life sciences, or a related discipline preferred, or equivalent experience.
• Extensive experience in pharmaceutical or biotechnology market access, payer engagement, regional accounts, or related commercial leadership roles.
• Demonstrated success working with regional commercial health plans, Medicaid managed care organizations, state Medicaid agencies, regional Blue plans, and other regional payer organizations.
• Strong understanding of U.S. reimbursement and market access, including Medicaid policy, managed care, commercial health plans, Medicare Part D, specialty pharmacy, and evolving payer dynamics.
• Experience supporting payer reviews, value communication, reimbursement strategy, and implementation of clinically appropriate utilization management approaches.
• Experience supporting pre-launch and launch activities, including account planning, payer strategy, value communication, and cross-functional commercialization.
• Experience in CNS, specialty pharmaceuticals, rare disease, or other complex therapeutic areas strongly preferred.
• Strong business acumen with the ability to connect regional market dynamics to commercial performance and patient access.
• A high degree of ownership, intellectual curiosity, sound judgment, and accountability.
• Ability to travel approximately 50–70% based on business needs.
• The physical and mental requirements of our roles include but are not limited to regular use of a computer, devices or other office equipment, clear communication, and occasional movement. You’ll need comfort with screen work, basic hand coordination, and focus. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.

Annualized Base Salary

$214,000—$234,000 USD

Compensation & Benefits

At Praxis, we believe that taking care of our people (and their people) is important, so we provide a world class benefits package to help you thrive.

• This includes 99% of the premium paid for medical, dental and vision plans.
• We also provide company-paid life insurance, AD&D, disability benefits, and voluntary plans to personalize your coverage.
• Thinking about the future? We match dollar-for-dollar up to 6% on eligible 401(k) contributions and sweeten the deal with long-term stock incentives and ESPP.
• We provide a discretionary quarterly bonus, an extremely flexible wellness benefit, generous PTO, paid holidays and company-wide shutdowns.

Company Overview

Praxis Precision Medicines is a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system disorders characterized by neuronal imbalance. At Praxis we share a common vision of reshaping the human condition into a more freeing and fulfilled existence by developing high impact medicines for patients and families affected by and living with complex brain disorders. Our core Values of Trust, Ownership, Curiosity and Results are foundational to every aspect of our business and are exemplified by each and every one of our team members.

Diversity, Equity & Inclusion

Guided by our core values, at Praxis Precision Medicines, Inc. we continue to DARE FOR MORE to advance, promote, and champion diversity, equity, and inclusion by encouraging individuals to bring their authentic selves and perspectives to work each day. We are an equal opportunity employer and committed to providing opportunities to all qualified applicants without regard to race, religious creed, color, gender identity or expression, age, national origin, sexual orientation, disability, genetics, military service and veteran status, or any other characteristic protected by federal, state, or local laws.