Pharmaceutical Pricing and Chargeback Expert
5 days ago
Ingenus Pharmaceuticals is seeking an experienced Pharmaceutical Pricing and Chargeback Expert to join our Commercial Operations Team. As a key contributor, you will be responsible for government pricing calculations and reporting, including Medicaid and Medicare programs.
About the RoleThis exciting opportunity requires a highly skilled professional with demonstrable knowledge and experience in government pricing concepts such as bundles, discount reallocation, pro-ration, and smoothing. You will be responsible for calculating and filing prices for federal drug programs, maintaining valid customer Class of Trades assignments, and preparing backup and documentation for calculations.
You will also lead monthly and quarterly meetings on Government Pricing Calculations and ensure proper sign-off and documentation. Additionally, you will interface with various state and Federal Government agencies and ensure compliance with Internal Policies for proper controls and SOX Compliance.
Your expertise will include financial forecasting on how the company's Medicaid rebate liability will be impacted based on pricing decisions. You will collaborate with cross-functional teams to ensure that accruals are correctly booked, manage financial models to forecast, produce trend analysis, and assist in reporting accurate GTN results.
Responsibilities- Government Pricing Calculations: Calculate and file appropriate prices for federal drug programs, including BP, AMP, ASP, PHS/340B, NFAMP, FCP/FSS, IFF, and URA.
- Chargeback Management: Ensure accurate and timely chargeback data are entered into contract systems consistent with agreement terms, corporate controls, and Sarbanes-Oxley regulations.
- Maintenance of Membership and Pricing: Responsible for the validation, implementation, and maintenance of membership and pricing associated with government group customer contracts.
- Bachelor's degree required.
- A minimum of seven (7) years of experience in the Pharmaceutical Industry working with state and federal pricing, reporting, and rebate programs.
- Demonstrable knowledge of the current policies and guidelines that affect government programs, pricing, and payment adjustments.
We offer a competitive salary of $120,000 per year, making this an attractive opportunity for professionals looking to advance their careers in the pharmaceutical industry.
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