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Manager, Government Pricing

The Government Pricing Manager is accountable for the service provided to multiple pharmaceutical companies to ensure timely and accurate calculation of government prices utilized for federal drug reimbursement. The Government Pricing Manager is a government pricing subject matter expert that other operations team members may query and receive advice and guidance with questions in their area of expertise.   



Responsibilities:
  • Manage ongoing client relationships (interface w/ clients to resolve specific issues) 
  • Review and approve all client billings. 
  • Calculate and file appropriate prices for the federal drug programs. Prices include, BP, AMP, ASP, PHS/340B, NFAMP, FCP/FSS, IFF, and URA.  
  • Ability to handle complex Government Pricing concepts such as bundles, discount reallocation, pro-ration and smoothing. 
  • Lead, review and approve price calculation reporting with client. 
  • Oversee the analysis and review of the monthly and quarterly source data reconciliation and sales data used in price reporting calculations and ensure reports are submittedin accordance with government regulations. 
  • Responsible for maintaining valid customer Class of Trades assignments in accordance with regulations.  
  • Ensure that 340B/PHS prices are calculated, available for pricing and maintained per the federal regulation. 
  • Lead client price calculation and/or restatement efforts, as needed. 
  • Lead, manage, mentor, and develop government program Analysts. 
  • Stay current and provide business guidance internally and to customers related to the life science’s Commercial and/or regulatory landscape.    
  • Expected to continually build detailed subject matter expertise and thought leadership in area of government program regulations and share this knowledge with direct reports and peer groups. 


Qualifications:
  • Bachelor’s Degree required in finance, accounting, or other applicable business experience.  
  • 8+ years’ experience working in the pharmaceutical industry working with state and federal pricing, reporting, and rebate programs, is required.  
  • Experience in working in mandated deadline environment; effective in managing multiple client assignments; ability to prioritize.  
  • Strong written and verbal communication skills.   
  • High accuracy rate and attention to detail; ability to produce client-ready deliverables to a high-level executive/professional client base. 
  • Experience with Microsoft Office products required and knowledge of advance Excel techniques such as pivot tables and data importing are desired.  
  • Experience in and ability to learn standard industry systems environment  
  • Able to manage multiple and competing tasks across functional areas is essential.  
  • Experience achieving and maintaining compliance with all applicable regulatory, legal, and operational rules and procedures by ensuring that all plans and activities are met with “best” industry practices.  


At Model N we offer fair, equitable and competitive salary ranges for all positions. Compensation varies depending on factors that may include a candidate’s relevant experience, education and/or certifications, location, training, and other skills. Positions are eligible to participate in either our employee bonus program or commission payments, depending on the nature of the role. Model N employees have the opportunity to become Model N shareholders through our employee stock purchase plan. 

 

Additionally, Model N offers a robust total rewards package that supports individuals to be their best and protects the well-being of participating dependents. Such benefits include medical, dental, vision, health savings, flexible savings, commuter benefits, matching 401K, ESPP, PTO, VTO, life insurance, pet insurance, employee assistance programs, mental health programs, charitable giving, coaching, career growth and much more. 

 

The base salary for this position will be $102,900 - $154,300.  If your salary expectations are outside of this range, feel free to apply and discuss your expectations with our recruiters.  We are constantly opening up new positions and you might match another opening at a different level.  



At Model N, we believe our collective success stems from the uniqueness of every individual's diverse backgrounds, experiences, and expertise; we call this the N Factor. So don’t allow uncertainty to keep you from applying to join our team. If you don’t meet the exact criteria but can demonstrate your skillset is the best for the job, we’d love to talk with you. We’re curious to know, what’s your N Factor?    

  

About Model N  

 

Model N enables life sciences and high tech companies to drive growth and market share, minimizing revenue leakage throughout the revenue lifecycle. With deep industry expertise and solutions purpose-built for these industries, Model N delivers comprehensive visibility, insight and control over the complexities of commercial operations and compliance. Our integrated cloud solution is proven to automate pricing, incentive and contract decisions to scale business profitably and grow revenue. Model N is trusted across more than 120 countries by the world’s leading pharmaceutical, medical technology, semiconductor, and high tech companies, including Johnson & Johnson, AstraZeneca, Stryker, Seagate Technology, Broadcom and Microchip Technology. For more information, visit www.modeln.com

 

Equal Opportunity Statement 

 

Model N values diversity at our company and is proud to be an equal opportunity employer. Model N considers qualified applicants without regard to race, ethnicity, religion, creed, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. Please reference https://www.eeoc.gov/employers/eeo-law-poster for more information.  


For US applicants, Personal Data processed in connection with candidate evaluation and decision-making, onboarding, and continued employment at Model N will be done in accordance with the Model N HR Privacy Policy found at http://www.modeln.com/applicant-and-employee-privacy-notice/   


We’re constantly growing and may have something for you later on if this is not the right opportunity for you. Check out our career site to learn more about Model N or view other jobs: https://www.modeln.com/company/careers/ 

Average salary estimate

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What You Should Know About Manager, Government Pricing, Model N

As a Government Pricing Manager at Model N, you'll take the lead in providing exceptional service to multiple pharmaceutical clients, ensuring that government prices are calculated accurately and submitted on time for federal drug reimbursement. This remote position allows you to utilize your extensive experience in the pharmaceutical industry while working closely with clients to manage ongoing relationships and resolve any specific issues that arise. Your expertise in complex government pricing concepts will not only help you navigate intricate price calculations but also guide your operations team, allowing them to seek your advice with confidence. You'll oversee the monthly and quarterly data reconciliation and ensure that all reports adhere to necessary government regulations. In addition to your analytical responsibilities, this role offers you the chance to mentor and develop other analysts, sharing your knowledge and fostering a collaborative team environment. With a Bachelor’s Degree in finance or accounting and over eight years of industry experience, you're well-prepared to thrive in this role. Model N promotes a diverse workplace and values the unique perspectives each employee brings. Filled with opportunities for professional growth and an array of comprehensive benefits, this role empowers you to make a significant impact in the life sciences sector while building a successful career.

Frequently Asked Questions (FAQs) for Manager, Government Pricing Role at Model N
What are the primary responsibilities of a Government Pricing Manager at Model N?

The Government Pricing Manager at Model N is responsible for managing client relationships, resolving issues, and ensuring timely and accurate calculation of government prices for federal drug reimbursement. This includes calculating and filing various price categories such as BP, AMP, and URA, as well as mentoring other analysts and reviewing compliance with regulations.

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What qualifications are needed for the Government Pricing Manager position at Model N?

To be successful as a Government Pricing Manager at Model N, candidates should possess a Bachelor’s Degree in finance or accounting, along with 8+ years of experience in the pharmaceutical industry. Strong communication skills, attention to detail, and the ability to handle multiple client assignments under deadlines are also essential.

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What skills does a Government Pricing Manager need to excel at Model N?

A successful Government Pricing Manager at Model N should have strong analytical skills, expertise in government pricing concepts, and proficiency with Microsoft Office, especially advanced Excel techniques. Leadership and mentoring abilities are also vital for guiding other analysts and ensuring high-quality deliverables.

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How does Model N support the professional development of a Government Pricing Manager?

Model N encourages continuous professional growth through mentorship programs, access to cutting-edge industry resources, and involvement in cross-functional teams. Employees are also supported through robust benefits, including career coaching and a comprehensive rewards package.

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What is the salary range for the Government Pricing Manager position at Model N?

The base salary for the Government Pricing Manager position at Model N ranges from $102,900 to $154,300, depending on factors such as relevant experience, education, and specific skills. Opportunities for bonuses and equity participation enhance the overall compensation package.

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Common Interview Questions for Manager, Government Pricing
Can you explain your experience with federal drug pricing calculations?

Candidates should highlight their previous roles where they engaged in federal drug pricing calculations, discussing specific pricing categories they've worked with. Detailing their methodical approach and understanding of regulations will showcase their expertise.

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How do you manage multiple client relationships effectively?

To answer this, emphasize your time management skills and any tools or strategies you use to prioritize tasks. Discuss your proactive communication style to keep clients informed, building trust and resolution to issues.

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Describe a complex pricing issue you resolved in the past.

When discussing a specific case, outline the problem, your analytical approach to finding a solution, and the final outcome. This demonstrates critical thinking and problem-solving abilities relevant to the role.

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What is your familiarity with government regulations related to drug pricing?

You should showcase your knowledge of key government regulations, such as the 340B program and ASP requirements, explaining how you've applied this knowledge in past roles to ensure compliance.

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How do you ensure accuracy in your calculations?

Discuss techniques you've employed to ensure accuracy, such as double-checking data inputs, utilizing advanced Excel functions, or implementing a systematic review process. Highlighting attention to detail is crucial here.

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Can you provide an example of how you mentored a colleague in your previous roles?

Provide a specific instance where you guided or trained a colleague, describing the methods you used, the challenges faced, and the successful outcomes, showcasing your leadership qualities.

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How do you stay updated with changes in government pricing regulations?

Mention industry publications, online courses, or professional groups you engage with to keep abreast of the latest regulations. Emphasize the importance you place on continuous learning in this dynamic field.

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What strategies do you use to meet mandated deadlines in your work?

Candidates should discuss their organizational skills, such as setting priorities, using project management tools, or delegating tasks. This illustrates their capability to work efficiently under pressure.

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How would you handle a conflict with a client regarding pricing discrepancies?

Discuss a calm and professional approach, emphasizing active listening, gathering facts, and working collaboratively to find a solution. This demonstrates conflict resolution skills and client-focused service.

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What are your long-term career aspirations in the government pricing field?

Convey your commitment to professional growth within the industry, such as aiming for leadership roles or pursuing further specialization. This shows ambition and interest in the field's future.

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Model N’s mission is to help our customers drive revenue growth and market share profitably, enabling them to deliver life-changing products to the world. Across both life sciences and high tech, we enable more investment in innovation, leading to...

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December 7, 2024

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