Director, Payer Analytics

Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. Headquartered in London, UK, with offices in New York City, we focus on developing novel treatments for mental health conditions that are not helped by current treatments. We are pioneering a new paradigm with our investigational COMP360 synthetic psilocybin treatment, a potential first-in-class therapy. COMP360 has Breakthrough Therapy designation from the FDA and Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD). We are currently in phase 3 for TRD, have completed phase 2 studies for PTSD and anorexia nervosa, and are planning a further late-stage study in PTSD.

About the role

The Director, Payer Analytics is responsible for generating actionable insights on payer coverage, reimbursement, and access to support the successful commercialization of COMP360. 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 the Market Access, Pricing & Contracting strategy team.

Location: Hybrid in our New York City office, or remote in the United States.

Responsibilities

• 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.
• Support pricing and contracting strategies through scenario modeling and financial impact analyses.
• Provide analytics to support payer negotiations, account planning, and pull-through efforts.
• 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.
• Partner with Market Access, Brand, Field, and Data Management teams.
• Support field-facing teams with payer insights and performance reporting.
• Contribute to long-range planning, forecasts, and launch/readiness activities.

Requirements

• Bachelor’s degree required in Actuarial Sciences, Finance, Economics, or related field.
• Master’s degree preferred in one of the above-listed programs.
• 10+ years of work experience in financial analysis, with 4+ years in Market Access Payer Analytics and contracting.
• 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, with prior experience in contracting and financial analysis.
• Ability to work in a matrixed environment while aligning with Compass Pathways' ways of working.
• Strong knowledge of channel dynamics, evolving policy changes, and ability to translate this into actionable strategies using advanced analytics.
• Experience managing and analyzing patient claims data (e.g., IQVIA LAAD, Symphony Health data) for pharmacy channel products.
• Robust understanding of pharmacy channel stakeholder economics, including Payers, Pharmacy Benefit Managers (PBMs), and Group Purchasing Organizations (GPOs).
• Working knowledge of medical benefit product economics such as ASP pricing, physician reimbursement, and interplay between pharmacy and medical contracting.
• Ability to develop insights and communicate effectively to influence executive-level decisions.

Pay

Base salary range: $220,000 – $270,000 USD per annum. Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location. The role is also eligible for additional discretionary bonuses and equity.

Benefits

For an overview of our benefits package and compensation information, visit Working at Compass.