Director, Payer Analytics
Compass PathwaysAbout the role
Company introduction:
Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. The Company is headquartered in London, UK, with offices in New York City in the US. We focus on developing novel treatments that have the potential to improve the lives of those who are suffering with mental health conditions and who are not helped by current treatments.
We are pioneering a new paradigm for treating mental health conditions focused on rapid and durable responses through the development of our investigational COMP360 synthetic psilocybin treatment, potentially a first in class treatment. COMP360 has Breakthrough Therapy designation from the US Food and Drug Administration (FDA) and has received Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD) due to the pressing unmet need in this area.
We are currently in phase 3 for TRD, have completed phase 2 studies for both post-traumatic stress disorder (PTSD) and anorexia nervosa and are planning a further late-stage study in PTSD. We envision a world where mental health means not just the absence of illness but the ability to thrive. - Compass Pathways.
Job Overview:
The Director, Payer Analytics is responsible for generating actionable insights on payer coverage, reimbursement, and access to support the successful commercialization of COMP 360. This role plays a critical part in understanding and optimizing patient access by analyzing payer behavior, formulary decisions, utilization management, and contracting dynamics across national, regional, and government payers.
The position is part of Market Access, Pricing & Contracting strategy team.
Location: Hybrid in our New York City office, or remote in the United States.
Reports to: Senior Director, Market Access Payer and Contract Strategy.
Roles and responsibilities
(Include but are not limited to):
Payer & Access Analytics
- Analyze payer coverage, formulary positioning, step edits, prior authorization, and reimbursement trends
- Monitor and report on access performance across commercial, Medicare, and Medicaid channels
- Assess the impact of payer policy changes on patient access, demand, and revenue
- Develop payer segmentation and access metrics to inform strategy and execution
Contracting & Strategy Support
- Support pricing and contracting strategies through scenario modeling and financial impact analyses
- Provide analytics to support payer negotiations, account planning, and pull-through efforts
Data & Reporting
- Work with payer alerts, (medical and pharmacy), formulary, and access data sources
- Ensure data integrity and appropriate interpretation of complex datasets
- Build standardized and ad hoc reports, dashboards, and executive summaries
- Translate complex analyses into clear, actionable insights for senior leadership
Cross-Functional Collaboration
- Partner with Market Access, Brand, Fields, and Data Management
- Support field-facing teams with payer insights and performance reporting
- Contribute to long-range planning, forecasts, and launch/readiness activities
Candidate Profile:
- Bachelor’s degree required in Actuarial Sciences, Finance, Economics, or related field required
- Preferred qualifications:
- Master’s degree preferred in one of the above listed programs
- Experience with SQL, Tableau, Power BI, Python, or R
- Biopharmaceutical or specialty pharmaceutical experience
- Familiarity with pricing, contracting, and access strategies
- Strong business and financial acumen – prior experience in Contracting with an emphasis on data and financial analysis would be optimal
- Requires the ability to work in a matrixed environment while demonstrating and aligning to Compass Pathways ways of working
- Strong knowledge of channel dynamics/ evol
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