Teva Associate Director Managed Care Payer Contracting V & 

United States, New Jersey 

125627663

Contract Strategy and Development:

• Collaborate with Account Management, Payer Contracting Analytics, Payer Marketing, Legal, Finance, Compliance, and Commercial teams to develop payer contracting strategies as aligned with Teva’s business objectives
• Interpret business goals and translate them into clear, actionable contract language that appropriately captures all parties’ intent

Authoring and Drafting:

• Author and manage the lifecycle of National pharmacy and medical benefit payer contracts, including Commercial, Medicare and Managed Medicaid
• Assess contract language risks and opportunities along with mitigation strategies, as appropriate, with a proactive and forward-thinking view
• Draft language that reflects negotiated terms and ensures legal and regulatory compliance
• Create and maintain contract templates, playbooks and clause libraries

Review and Negotiation Support:

• Work closely with Legal and Compliance teams to review terms and address legal risk
• Support and/or lead negotiations with payers and GPOs/PBMs where appropriate in collaboration with Account Management
• Coordinate redlines and counterproposals during the contract negotiation process

Process Improvement and Governance:

• Manage RFP and bid process for assigned accounts to meet required internal and external timelines
• Lead Teva’s contract approval process to ensure organizational awareness and Leadership alignment
• Optimize and standardize contract workflows, tools, and documentation practices
• Ensure contracts are executed and stored per internal governance and audit requirements
• Maintain knowledge of relevant laws, regulations, and industry best practices

Cross-Functional Collaboration:

• Serve as the liaison between internal teams and external partners to ensure alignment and successful contract implementation with key stakeholders, including Finance, Operations and Pricing
• Partner with Payer Contracting Analytics, Finance and Compliance to ensure key contract changes impacting financials are captured for accrual and business planning purposes
• Support Finance and Contract Compliance teams on audits, payment reconciliation and disputes, as necessary
• Lead training sessions and provide guidance on contract language and interpretation from Teva’s business perspective

Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

Education/Certification/Experience:

• Bachelor’s degree in Business, Law, Healthcare Administration, or related field (MBA or JD or advanced degree preferred)
• Minimum 7 years of experience in payer contracting, healthcare law, or managed care agreements (pharma/biotech or health insurance industry preferred)
• Contracting experience with National GPO and PBM customers
• Proven ability to propose, draft and interpret complex and innovative contract language
• Deep understanding of commercial and government payer environments and regulations
• Proficiency in contract lifecycle management (CLM) tools and Microsoft Office Suite
• Knowledge of compliance standards including anti-kickback statute, Medicaid Best Price, and regulatory guidance related to value-based contracting

Skills/Knowledge/Abilities:

• Keen understanding of drug pricing, rebate, fee structures, formulary design, and access strategies
• Understanding of healthcare reimbursement models and benefit designs (pharmacy, medical benefit, innovative and value-based contracting, etc.), regulatory environments, and commercial and government payer dynamics
• Strong negotiation, presentation, communication, interpersonal and time management skills
• Innovative and value based contracting experience and expertise with solutions-oriented mindset
• Experience in a matrixed environment with cross-functional collaboration

TRAVEL REQUIREMENTS

• Approximately 5 – 10% domestic travel throughout the US.

PHYSICAL REQUIREMENTS:

Occasional:

• Sitting for extended periods of time at workstation or mobile equipment.

Visual Acuity:

• Perform activities such as computer work, preparing and analyzing data, and extensive reading.

WORKING ENVIRONMENT

• May be required to wear personal protective equipment (PPE) as needed on site visits (i.e. safety glasses, hearing protection, gloves, etc.).

We offer a competitive benefits package, including:

· Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.

· Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.

· Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.