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Corcept Therapeutics

Senior Manager, Pricing & Contracting Operations

Posted 6 days ago
$155K - $205K per year
5-10 years experience
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AI Summary

The Senior Manager oversees the execution, compliance, and reporting activities for commercial contracting and government pricing programs. They partner with cross-functional teams to ensure accurate contract implementation, rebate processing, and adherence to federal and state transparency requirements.

For more than 25 years, Corcept has been singularly focused on the science of cortisol, a powerful hormone that when unregulated, can play a role in a broad range of diseases.

Our commercial portfolio includes treatments for hypercortisolism and oncology, and the company has discovered more than 1,000 proprietary selective cortisol modulators and glucocorticoid receptor antagonists. With advanced clinical trials in patients with hypercortisolism, solid tumors, ALS and liver disease, Corcept is unlocking the power of cortisol modulation to help address some of the most devastating diseases patients face today. 

Corcept is headquartered in Redwood City, California. To learn more, visit www.corcept.com.

The Senior Manager, Pricing & Contracting Operations is responsible for the execution, administration, compliance, and reporting activities associated with commercial contracting and government pricing programs. Reporting to the Senior Director, Pricing & Contracting, this role partners with Finance, Market Access, Legal, Compliance, Commercial Operations, government pricing consultants, and external vendors to ensure accurate contract implementation, government price reporting, state transparency reporting, and maintenance of pricing-related systems and records. This role ensures compliance with federal and state requirements, internal controls, and SOX requirements while supporting the company’s pricing and market access strategies.

Responsibilities:

Government Pricing & Rebate Operations

  • Oversee and validate monthly and quarterly government pricing calculations prepared by external consultants, including AMP, Best Price, Non-FAMP, FCP, ASP, and inflation rebates, ensuring the accuracy of assumptions, methodologies, and source data
  • Ensure timely and accurate submission of government pricing data to CMS, HRSA, the Department of Veternan’s Affairs, and other government agencies
  • Support Public Law and other applicable federal pricing and reporting requirements
  • Coordinate responses to government pricing audits, inquiries, and data validation requests
  • Manage Medicaid Drug Rebate Program, Medicare, and TRICARE invoice processing, reconciliation, dispute resolution, and timely payment in partnership with external vendors
  • Partner with Finance and Accounting to develop and maintain Medicaid, Medicare, and TRICARE rebate accrual methodologies, establish appropriate reserves, and support month-end, quarter-end, and year-end financial close activities

Contract Operations

  • Partner with Finance, Endocrinology, Oncology, and external vendors to operationalize and administer payer, distribution services, specialty pharmacy, and Group Purchasing Organization agreements
  • Manage contract implementation activities to ensure accurate loading of pricing, rebates, fees, and contract terms. Coordinate contract onboarding, renewals, amendments, and terminations
  • Ensure timely and accurate communication of Wholesale Acquisition Cost (WAC) changes, contract price changes, and contract amendments to external stakeholders

Pricing & Contracting Administration and Compliance

  • Develop and maintain complete records, SOPs, work instructions, and control documentation supporting pricing and contracting decisions, government pricing calculations and reporting, rebate payments and accruals, state transparency reporting, SOX requirements, and internal and external audits
  • Ensure appropriate documentation is maintained to support government pricing calculations, rebate payments, accrual methodologies, and financial audits
  • Support internal and external audits by preparing, retrieving, and validating required documentation

State Transparency Price Reporting

  • Manage timely and accurate state drug price transparency reporting for product launches, price increases, and other reportable events, including the submission of required data and maintenance of supporting records and communications

Cross-Functional Collaboration

  • Serve as a key liaison between Market Access, Finance, Government Pricing, Commercial Operations, Legal, Compliance, Trade, and external consultants
  • Support product launch planning by ensuring pricing and contracting operational readiness
  • Identify opportunities to improve processes, controls, reporting, and data integrity
  • Participate in cross-functional initiatives related to pricing strategy, contracting operations, and compliance programs
  • Model and promote Corcept’s key principles, collaborating effectively, embracing possibilities, following the data, and leading by doing, to build a culture of accountability, innovation, and trust

Preferred Skills, Qualifications and Technical Proficiencies:

  • Experience with government pricing programs including Medicaid Drug Rebate Program, Medicare Part B and Part D reporting, 340B, and Federal Supply Schedule programs
  • Knowledge of state transparency reporting requirements
  • Experience supporting SOX controls, audit readiness, and compliance documentation
  • Experience with pharmaceutical contract management systems and rebate administration processes
  • MBA, CPA, or other relevant advanced degree or certification

Preferred Education and Experience:

  • Bachelor's degree in Business, Finance, Accounting, Economics, Healthcare Administration, or related field
  • 5+ years of experience in pharmaceutical pricing, market access, contract operations, government pricing, finance, or related functions
  • Working knowledge of pharmaceutical contracting and reimbursement channels
  • Experience managing relationships with government pricing consultants and external vendors
  • Strong analytical, problem-solving, and decision-making capabilities

The pay range that the Company reasonably expects to pay for this position is $155,000 - $205,110; the pay ultimately offered may vary based on legitimate considerations, including geographic location, job-related knowledge, skills, experience, and education.

 #LI-Remote

 Applicants must be currently authorized to work in the United States on a full-time basis.

For information on how Corcept collects, uses, discloses, protects, and otherwise processes personal information and an explanation of the rights and choices available to you with respect to your personal information, please refer to our Privacy Notice link. 

Corcept appreciates the commitment and hard work of all our team members as we strive to discover and develop novel treatments for patients with serious unmet medical needs.

 Please visit our website at: https://www.corcept.com/

Corcept is an Equal Opportunity Employer

Corcept will not conduct interviews via text message or messaging platforms and will not ask you to download anything as part of your interview.  Though we use third-party tools to help with advertising our jobs, please be vigilant in checking that the communication is in fact coming from Corcept.

 

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