Teva Director Managed Care Payer Contracting V & 

United States, New Jersey 

91893393

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

• Lead the creation, revision, and management of all payer contract templates, language libraries, and standardized documents
• Serve as a subject matter expert on contract structure, terminology, and risk mitigation strategies with keen understanding of how contractual language impacts financial modeling; support Account Management in customer meetings and negotiations as needed
• Closely Partner with the Account Managment, Payer Analytics, Payer Marketing and Finance to prepare customized contracts and amendments that support strategic payer initiatives
• Ensure payer contracts accurately reflect negotiated terms and align with organizational financial and operational objectives
• Lead and oversee the contract approval process to ensure proper governance, organizational awareness and Leadership alignment
• Develop and implement best practices, standard operating procedures (SOPs), and quality control measures for payer contract authoring
• Collaborate with Legal and Compliance teams to ensure contracts adhere to current laws, regulations, and accreditation standards
• Implement contract management systems or technology solutions to improve workflow, tracking, version control, and collaboration
• Monitor industry trends, regulations, and payer market dynamics to proactively adjust contract templates and terms as needed
• Lead and develop a high-performing team of contract authors
• Train and mentor internal stakeholders on contracting processes and best practices
• Support audits, compliance reviews, and due diligence activities related to payer agreements

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 required, MBA, JD or equivalent preferred
• Minimum 10 years of Brand Pharmaceutical Pricing and Contracting or equivalent related experience
• Minimum 4 years of leadership experience managing teams and cross-functional initiatives
• Deep 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

Skills/Knowledge/Abilities:

• Strong financial acumen, analytical and negotiation skills, with the ability to translate insights into business impacts and actionable next steps
• Exceptional writing, editing, and verbal communication skills
• Strong attention to detail and ability to translate complex negotiation points into clear, actionable contract language
• Deep experience within Commercial GPO/PBM/MBMs, Medicare Part D/B and Medicaid contracting channels
• Understanding of U.S. regulations and policies relating to manufacturer contracting

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.

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