30 days old

Manager, Managed Care Contracting

Parsippany, NJ 07054
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Company Info
Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas. We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!
Job Description

The Manager, Strategic Contracting is responsible for the development and execution of Managed Care contracting efforts across the Teva Brand portfolio. They will oversee the execution of Regional Account payer contracting strategies in order to maximize the value of the Brand portfolio.  They are responsible for working cross-functionally with Account Management, Brand, Pricing, Payer Marketing, Legal, and other cross-functional teams to assess and develop contracting opportunities, provide customer negotiation support for contract bids, execute contracts, and monitor contract effectiveness.


Responsibilities required to achieve the positions objectives:


  • Responsible for the strategic and financial evaluation of potential contracting efforts, support of customer negotiations, and end-to end Brand payer contract execution for assigned Regional and State Medicaid Accounts
  • Key direct interface with Account Management on contract development and formulation
  • Works cross-functionally with Account Management, Brand Teams, Pricing, Payer Marketing, Legal, and other cross-functional groups to gain alignment on customer bids and to fully execute contracts 
  • Project and model potential impact of payer contracts on current and long-term financial operating plans
  • Represent Pricing & Contracting on cross-functional teams relating to product and channel strategy formulation, access initiatives, and pipeline product launch planning
  • Responsible for the monitoring and reporting of contract effectiveness related to assigned accounts, utilizing pre and post deal modeling systems
  • Partner with Finance, Revenue Optimization and Contract Compliance (ROCC), and other necessary cross-functional partners to ensure accurate rebate and discount forecasts

Education: BS/BA required, MBA or equivalent preferred.


Experience Required:


  • 5+ years of Brand Pharmaceutical Pricing and Contracting or equivalent related experience
  • Experience in Brand Pharmaceutical Managed Care contracting for a manufacturer, Health Plan, or PBM.
  • Proven ability to interpret and manage contracting legal language and terms
  • Track record of success working effectively in a team-based environment, balancing diverse cross-functional perspectives, complex problem solving, and collaboration skills
  • Strong financial acumen and analytical skills, with the ability to translate insights into business impacts and actionable next steps
  • Ability to effectively communicate and influence cross-functional stakeholders on complex business proposals and to accurately interpret business considerations and impacts
  • Highly organized and time management skills; self-motivated with a strong customer service focus thats well-suited for a fast-paced environment
  • Understanding of U.S. regulations and policies relating to manufacturer contracting
  • Advanced Microsoft Excel,PowerPoint and Word skills


 Experience Preferred


  •  MBA or equivalent advanced degree
  • State Medicaid FFS (fee-for-service)
  • Contract management systems experience
Sub Function
Managed Care Contracts
Reports To
Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

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.

Posted: 2020-08-20 Expires: 2020-10-16

Join us at the forefront of pharmaceutical research and production. With state-of-the-art facilities, highly skilled colleagues, and a high-powered organizational culture, Teva offers you countless possibilities to make a real difference in people's lives and add value to your career.

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Manager, Managed Care Contracting

Teva Pharmaceuticals
Parsippany, NJ 07054

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