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Contracts & Pricing Specialist

Company: Advanced Bio-Logic Solutions Corp
Location: Thousand Oaks
Posted on: March 22, 2020

Job Description:

Day to Day Responsibilities:

  • This position is primarily responsible for contract creation and key contract processes in support of Payer, Provider and/or Channel segment contracting.
  • Responsibilities include: drafting contracts, amendments, notice letters and other operative documents; creating document language that accurately describes new programs, incentives and objectives; conducting contract negotiations with customers; communicating with other functional components of the department on the operation and implementation of business unit contracts and participating in and supporting meetings to plan, provide feedback and anticipate the needs of the business unit.
  • Position also involves reporting activities and metrics to supervising Director, managing customer document files, folders and templates, conducting redline review meetings, communicating document status to stakeholders and certifying that key process controls have been met.
  • Job summary:
  • An ideal candidate will be detail-oriented, dedicated and driven to produce a high quality work product; he/she will have sales-side contract drafting experience with biotech/pharma or payor (healthplan, pharmacy benefit manager, specialty pharmacy) experience, work well in a pivotal role at the intersection of various functions, enjoy working in a dynamic work environment and have a genuine interest in innovation, drug discovery and Amgens mission, to serve patients.
  • .An average candidate will be detail-oriented, dedicated and driven to produce a high quality work product; he/she may not have sales-side contract drafting experience with biotech/pharma or payor (healthplan, pharmacy benefit manager, specialty pharmacy) experience, but will have experience drafting legal documents (i.e., clinical/pre-clinical agreements) and have familiarity with the basic structure of agreements (recitals, definitions, etc.)Job Summary
    • We are seeking a key member of the Strategic Pricing and Contracting team, specifically in Contract Development & Foundation.
    • This position is primarily responsible for contract creation and key contract processes in support of Payer, Provider and/or Channel segment contracting.Responsibilities include:
      • drafting contracts, amendments, notice letters and other operative documents; creating document language that accurately describes new programs, incentives and objectives; conducting contract negotiations with customers; communicating with other functional components of the department on the operation and implementation of business unit contracts and participating in and supporting meetings to plan, provide feedback and anticipate the needs of the business unit.
      • Position also involves reporting activities and metrics to supervising Director, managing customer document files, folders and templates, conducting redline review meetings, communicating document status to stakeholders and certifying that key process controls have been met.Education and Experience
        • Bachelors degree required
        • Law Degree or Masters Degree (MBA/MS) preferred
        • Ability to effectively translate discount and rebate strategies into legal language
        • Ability to effectively explain complex legal terms and positions to internal stakeholders
        • Extensive document drafting experience (preferably in a fast-paced environment, e.g. consulting firms, biotech, tech companies, etc.)
        • Extensive knowledge of the basic types of commercial agreement structures and the function and purpose of key legal terms (i.e., indemnification, limitation of liability, warranties, intellectual property, data rights, confidentiality etc.)
        • Ability to prioritize competing interests and projects and manage a high volume of contract document requests
        • Experience using Contract Lifecycle Management software preferred
        • Experience in a pharmaceutical/biotech or healthcare environment preferredRequired Competencies and Skills
          • Knowledge
          • Excellent/Advanced computer & M/S Office skills
          • Excellent writing skills; detail-oriented
          • Executive presence. Develops and delivers formal presentations to senior management. Communicates effectively within and outside department
          • Ability to facilitate internal reviews with key stakeholdersProblem Solving
            • High attention to detail/reporting accuracy, balances strong detail orientation with the ability to conceptualize problems
            • Identifies and implements cross-functional process improvement opportunities
            • Highly complex problem-solving that identifies and develops solutions to complex problems from a strategic and operational perspective that have significant impact to the business and may cross departments
            • Communicates complex concepts and/or counter-intuitive findings clearly and credibly to multiple audiences, including senior management
            • Determines actions required to resolve problems or issues and coordinates with other departments as needed to ensure resolution
            • Exercises good judgment and initiative in addressing significant business issues
            • Autonomy
            • Works independently with strong ability to develop prioritization and completion timeframes for multiple projects and make decisions with minimal direction
            • Self motivated. Identifies, recommends and manages projects that support the needs of the business
            • Thinks strategically (can see the big picture) while delivering results at the appropriate level of detail
            • Operates effectively in ambiguous situations
            • Professional approach and executive presence that inspire confidence in the project results
            • Contribution
            • Can run an effective decision-making meeting with SPC attendees, as well as other departments
            • Team player who proactively supports team and can influence without positional authority
            • Effectively represents his/her team in a complex matrix organization with cross-functional groups across the broader organization.
            • Excellent project management skills and capacity to manage/lead multiple, simultaneous projects to completion against challenging timelines
            • Interprets and applies regulations associated with relevant legal issues
            • Provides training and guidance to others
            • Provides analyses and recommendations to support decisions by SPC & executive management"This posting is for Contingent Worker, not an FTE"

Keywords: Advanced Bio-Logic Solutions Corp, Thousand Oaks , Contracts & Pricing Specialist, Other , Thousand Oaks, California

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