1+ months

Director, Strategic Contracting

Parsippany, NJ 07054
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


Position overview and primary responsibilities

The Director, Strategic Contracting is a dynamic team leader responsible for the development and execution of Managed Care and Medicaid contracting efforts across the Teva Brand portfolio. They will oversee the payer contracting strategies, along with tactical execution of those 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. 


Major duties and responsibilities required to achieve the positions objectives and be successful in the Director role:

  •  Responsible for the strategic and financial evaluation of potential contracting efforts, support of customer negotiations and end-to end Brand payer contract execution
  •  Play a lead role in the development and planning of contracting initiatives, while ensuring that they are aligned with channel and product strategies
  •  Provide dynamic team leadership of the Managed Care contracting team through effective  coaching, mentoring, and development of team members
  •  Key direct interface with National 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, utilizing pre and post deal modeling systems


Qualifications necessary to perform successfully in this position


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


Experience Required:


 Minimum of 10 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
 Demonstrated leadership experience in coaching, developing, and mentoring a team of direct reports
 Proven track record of success working effectively in a team-based environment, balancing diverse cross-functional perspectives, complex problem solving, team leadership, 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
 Strong understanding of U.S. regulations and policies relating to  manufacturer contracting
 Advanced Microsoft Excel skills


Experience Preferred
 MBA or equivalent advanced degree
 Vendor Management experience
 Experience leading a contracting system transformation and implementation

Sub Function
Market Access
Reports To

Sr Dir Contracting & Patient Access Programs, Strategic Pricing, Contracting & Cust Ops Administration

Tevas Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.


Posted: 2019-10-18 Expires: 2019-12-16

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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Director, Strategic Contracting

Teva Pharmaceuticals
Parsippany, NJ 07054

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