Director, Treasury & Insurance

Neurocrine Biosciences is a leading biopharmaceutical company dedicated to discovering, developing, and commercializing life-changing treatments for patients with under-addressed neurological, psychiatric, endocrine, and immunological disorders. The company's diverse portfolio includes FDA-approved treatments and a robust pipeline of compounds in mid- to late-phase clinical development.

About The Role

Reporting to the Senior Vice President, Finance & Accounting, the Director of Treasury provides strategic leadership for Neurocrine’s treasury and insurance function. This role oversees treasury operations, banking relationships, treasury technology, financial risk management, and the Company’s property & casualty and directors & officers insurance programs. The Director partners with senior Finance leadership on capital markets, financing, and capital allocation initiatives, establishes governance frameworks, policies, controls, and technology roadmaps, and leads complex cross-functional initiatives.

Responsibilities

• Develop and execute the Company's treasury strategy, operating plan, policies, performance measures, and multi-year capability roadmap aligned with Finance and Company priorities.
• Build and enhance scalable treasury capabilities, including governance, operating processes, internal controls, technology, and functional capabilities to support growth.
• Lead enterprise cash forecasting, daily liquidity management, and short- and long-term liquidity planning, including stress testing and contingency funding analyses.
• Lead the Company's investment portfolio strategy and execution, including cash deployment, maturity and duration planning, liquidity segmentation, counterparty exposure, custody relationships, and compliance with investment policies.
• Manage strategic relationships with commercial banks, revolving credit facility lenders, investment managers, custodians, and other financial institutions, including oversight of banking services, fee negotiations, and service levels.
• Oversee global treasury operations, including cash positioning, bank account administration, signatory governance, payment controls, fraud prevention, treasury compliance, and banking documentation.
• Develop and manage intercompany funding and settlement processes, partnering with Tax, Accounting, and Legal to evaluate funding alternatives and establish controls.
• Partner with Finance leadership to evaluate and execute capital markets and financing initiatives, including credit facility administration, financing analyses, covenant compliance, and lender communications.
• Develop analyses and recommendations supporting capital allocation decisions related to liquidity reserves, investment strategy, debt management, acquisitions, and shareholder return initiatives.
• Enhance the Company’s financial risk management framework by identifying, assessing, and monitoring foreign exchange, interest-rate, liquidity, counterparty, and other financial exposures, and recommend risk mitigation strategies.
• Support acquisitions, divestitures, licensing transactions, and other strategic initiatives through treasury due diligence, financing analyses, and integration planning.
• Lead the treasury technology and automation roadmap, including Kyriba, bank connectivity, cash and liquidity reporting, investments, debt administration, controls, data integration, and AI applications.
• Administer the Company's property & casualty and directors & officers insurance programs, including business interruption, liability, clinical trials, cyber, fiduciary, employment practices, and specialty coverages.
• Lead annual insurance renewals and market placements, including exposure analysis, coverage design, policy negotiations, insurer selection, and executive recommendations.
• Manage strategic relationships with insurance brokers, carriers, underwriters, claims administrators, and external advisors, establishing performance expectations and service standards.
• Partner with Legal, Supply Chain, R&D, Commercial, IT, HR, Facilities, Quality, and Internal Audit to identify evolving business risks and align insurance strategies with operational objectives.
• Oversee global clinical trial insurance programs, including placement and renewal of country-specific policies and coordination with brokers and study teams.
• Review contractual insurance requirements, certificates of insurance, indemnification provisions, and vendor risk transfer requirements with Legal.

Requirements

• BS/BA in Finance, Accounting, Economics, Business Administration, or related field and 12+ years of experience in Treasury, capital markets, investments, corporate finance, and/or insurance OR MBA/MS/MA in Finance, Business Administration, or related field and 10+ years of related experience.
• Deep technical knowledge across corporate treasury disciplines, including liquidity, investments, capital markets, banking, derivatives, financial risk management, and corporate insurance.
• Advanced financial modeling, market data interpretation, portfolio analytics, cash forecasting, stress testing, and scenario analysis skills.
• Demonstrated expertise with revolving credit facilities, debt compliance, capital markets transactions, bank groups, rating agency analysis, investment portfolios, and financing strategies.
• Demonstrated expertise in corporate insurance program design and placement, including coverage analysis, broker and carrier management, risk assessments, and claims coordination.
• Working knowledge of hedge accounting, ASC 815, investment accounting, fair value concepts, and treasury-related financial reporting and controls.
• Experience leading Kyriba or another treasury management system, bank connectivity, and process transformation; familiarity with Bloomberg, FXall, Clearwater, or bank portals preferred.
• Experience applying artificial intelligence, workflow automation, analytics, or data platforms to strengthen treasury efficiency, controls, and reporting.
• Experience supporting acquisitions, integrations, geographic expansion, or other significant corporate transactions preferred.
• CTP, CFA, CPA, MBA, or MS Finance preferred.

Skills

• Recognized as an internal thought leader with extensive technical and business expertise in Treasury and Insurance.
• Develops strategic plans and translates complex strategies into clear operational and tactical priorities.
• Applies advanced analytical judgment to solve complex, ambiguous issues and develop innovative solutions.
• Influences senior leaders and communicates complex financial and risk concepts clearly to diverse audiences.
• Builds scalable functional capabilities and operating models, leads cross-functional alignment, and drives accountability.

Pay

The annual base salary range is $181,500–$247,000. Individual pay decisions depend on factors such as primary work location, role complexity, job duties, and relevant experience and skills. This position also offers an annual bonus with a target of 35% of the earned base salary and eligibility to participate in an equity-based long-term incentive program.

Benefits

• Retirement savings plan with company match.
• Paid vacation, holiday, and personal days.
• Paid caregiver/parental and medical leave.
• Health benefits, including medical, prescription drug, dental, and vision coverage.