Executive Director, US Payer Strategic Accounts

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profile Job Location:

Princeton, NJ - USA

profile Yearly Salary: $ 260000 - 280000
Posted on: 30+ days ago
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Location: US Field Based

About Summit:

Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life increasing potential duration of life and resolving serious unmet medical needs. At Summit we believe in building a team of world class professionals who are passionate about this mission and it is our people who drive this mission to reality. Summits core values include integrity passion for excellence purposeful urgency collaboration and our commitment to people. Our employees are truly the heart and soul of our culture and they are invaluable in shaping our journey toward excellence.

Summits team is inspired to touch and help change lives through Summits clinical studies in the field of oncology. Summit has multiple global Phase 3 clinical studies including:

Non-small Cell Lung Cancer (NSCLC)

  • HARMONi: Phase 3 clinical study which was intended to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated locally advanced or metastatic non-squamous NSCLC who were previously treated with a 3rd generation EGFR TKI.

  • HARMONi-3: Phase 3 clinical study which is intended to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.

  • HARMONi-7: Phase 3 clinical study which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC.

Colorectal Cancer (CRC)

  • HARMONi-GI3: Phase 3 clinical study intended to evaluate ivonescimab in combination with chemotherapy compared with bevacizumab plus chemotherapy.

Ivonescimab is an investigational therapy not presently approved by any regulatory authority other than Chinas National Medical Products Administration (NMPA). Summit is headquartered in Miami Florida and has additional offices in California New Jersey the UK and Ireland.

Overview of Role:

As a key member of the Market Access leadership team the Executive Director US Payer Strategic Accounts will help lead the preparation development and execution of market access account strategies for a new oncology investigational asset ivonescimab. This is a critical customer facing role to helping to ensure broad access reimbursement and patient affordability. The individual will be responsible for building and maintaining relationships with key stakeholders including PBMs National/Regional Plans Government Channel customers (e.g. Medicaid VA/DoD) and Pathway organizations. Additionally the Executive Director US Payer Strategic Accounts will lead the payer field account team and collaborate closely with sales and key account teams as well as internal teams to integrate customer and market insights into pricing contracting and market access strategies and plans.

Role and Responsibilities:

  • Team Leadership: Build train and lead the account management field team (PBM Plans State Medicaid and other Access Stakeholders) to develop and execute strategic business plans that align with overall objectives maximize product access and ensure reimbursement.
  • Stakeholder Engagement: Establish and maintain relationships with key decision-makers including Formulary P&T and Pathway leaders Medical & Pharmacy Directors and other population-based stakeholders to secure appropriate access and optimal product positioning.
  • Leadership and Influence: Demonstrate leadership among various customer groups and Access stakeholders including Payers MACs Academic Institutions and IDNs Pathway Committee members and others (State Societies COA NCODA etc.).
  • Cross-functional Collaboration: Partner with internal teams (Market Access Medical Affairs HEOR Regulatory Legal Finance Marketing Sales etc.) to address reimbursement challenges and develop coordinated solutions that are compliant and effective.
  • Strategy Development: Co-create strategies tools and tactics for the field team to communicate the product value proposition effectively. Collaborate on pricing and contracting strategies HEOR evidence generation plans patient support programs payer marketing initiatives and account management approaches.
  • Alignment and Negotiation: Lead discussions with internal and external partners to ensure alignment on access coverage and reimbursement strategies.
  • Culture and Performance: Foster a high-performance culture within the field team by promoting accountability urgency ethical behavior and professional development.
  • Industry Insight: Stay informed on healthcare industry trends payer policies reimbursement processes and competitive activity. Provide strategic insights to inform decision-making access strategies and product launches.
  • Compliance: Ensure all Market Access initiatives are developed and executed in compliance with legal regulatory and ethical standards.
  • Adaptability: Ability to work effectively in a fast-paced and dynamic environment balancing multiple priorities and meeting deadlines.
  • All other duties as assigned

Experience Education and Specialized Knowledge and Skills:

  • Bachelors degree in business healthcare or a related field; advanced degree preferred.
  • Minimum of 15 years of experience in payer and/or GPO strategy pricing and reimbursement within the pharmaceutical industry
  • Minimum of 7 years of focused account management experience in the oncology access marketplace
  • Demonstrated success in engaging with US payers MACs PBMs and IDNs
  • Strong understanding of the US healthcare payer/access landscape and regulatory environment
  • Excellent strategic thinking leadership negotiation and relationship management skills
  • Ability to lead cross-functional teams and drive complex projects to completion
  • Exceptional communication and presentation skills
  • Successful record of achieving and maintaining compliance with all applicable regulatory legal and operational rules
  • Travel: Ability to travel to support business priorities as needed

The pay range for this role is $260000-$280000 annually. Actual compensation packages are based on several factors that are unique to each candidate including but not limited to skill set depth of experience certifications and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus stock benefits and/or other applicable variable compensation.

Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summits Talent Acquisition team at to obtain prior written authorization before referring any candidates to Summit.


Required Experience:

Director

Location: US Field BasedAbout Summit:Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life increasing potential duration of life and resolving serious unmet medical needs. At Summit we believe in building a team of world class profession...
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Key Skills

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Summit is committed to leadership in resolving serious, unmet medical needs in oncology for the betterment of overall HUMAN HEALTH. Stifel Fireside Chat Patients & Caregivers Summit Latest News Committed to Optimizing Human Health Summit Therapeutics Inc. is a biopharmaceutical oncolo ... View more

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