Summit Therapeutics, Inc. · 2 months ago
Executive Director, US Payer Strategic Accounts
Princeton, NJ
Full-time
Onsite
Director/Executive
$260K/yr - $280K/yr
15+ years expSummit Therapeutics, Inc. is a company focused on developing innovative therapies for cancer treatment. They are seeking an Executive Director for US Payer Strategic Accounts to lead market access strategies for their investigational asset, ivonescimab, ensuring broad access and reimbursement while building relationships with key stakeholders.
BiotechnologyHealth CareMedical DeviceTherapeutics
Responsibilities
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
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
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.)
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
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
Lead discussions with internal and external partners to ensure alignment on access, coverage, and reimbursement strategies
Foster a high-performance culture within the field team by promoting accountability, urgency, ethical behavior, and professional development
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
Ensure all Market Access initiatives are developed and executed in compliance with legal, regulatory, and ethical standards
Ability to work effectively in a fast-paced and dynamic environment, balancing multiple priorities and meeting deadlines
All other duties as assigned
Qualification
Required
Bachelor's 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
Ability to travel to support business priorities as needed
Benefits
Bonus
Stock
Benefits and/or other applicable variable compensation
Company
Summit Therapeutics, Inc.
Summit Mission Statement: To build a viable, long-lasting health care organization that assumes full responsibility for designing, developing, trial execution and enrollment, regulatory submission and approval, as well as successful commercialization of patient, physician, caregiver, and societal-friendly medicinal therapy intended to: improve quality of life, increase potential duration of life, and resolve serious medical healthcare needs.
201-500 employees
H1B Sponsorship
Summit Therapeutics, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (6)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.79BKey Investors
CARB-XEurofarmaBiomedical Advanced Research and Development Authority (BARDA)
2025-10-21Post Ipo Equity· $500M
2024-09-11Post Ipo Equity· $235M
2024-06-03Post Ipo Equity· $200M
Leadership Team
Manmeet Soni
Chief Operating Officer and Chief Financial Officer
Recent News
Company data provided by crunchbase