updated 5 hours ago
Managed Care Contracting Associate Director (Pharmaceutical)
152 000 - 228 000$
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Job description
Text:
TL;DR
Managed Care Contracting Associate Director (Pharmaceutical): Leading end-to-end payer, provider, trade, distribution, and hospital group purchasing organization contract processes across marketed and pipeline products with an accent on pre- and post-deal analytics, negotiations, rebate administration, and pricing strategy. Focus on financial modeling, government pricing impacts, contract governance, and resolving rebate claim disputes across cross-functional teams.
Location: Boston, MA, United States. Hybrid schedule allows remote work up to two days per week, or five days per week on-site with ad hoc flexibility.
Salary: $152,000–$228,000 annual base salary, plus potential annual bonus and equity awards.
Company
Vertex is a global biotechnology company focused on scientific innovation and developing products for patients.
What you will do
- Lead end-to-end development and administration of payer, provider, trade and distribution, and hospital group purchasing organization contracts.
- Coordinate pre-deal analytics, negotiations, redlining, legal review, governance, post-deal analytics, and contract reporting.
- Maintain bid and offer calendars, contract matrices, documentation, and execution status communications.
- Transition executed contracts to operational teams by explaining key terms and implementation requirements.
- Provide analysis supporting gross-to-net forecasting, contracting, pricing decisions, and business planning.
- Advise on rebate analysis, payments, contract performance, and resolution of rebate claim disputes.
Requirements
- Bachelor’s degree in a business discipline required.
- Typically at least 8 years of experience in payer contracting, contract administration, analytics, finance, accounting, sales, government pricing, or a related pharmaceutical or life sciences area.
- Knowledge of pharmaceutical pricing government programs, associated regulations, managed care, formulary coverage, market share, and profitability.
- Advanced Microsoft Excel, Word, and PowerPoint skills, including the ability to use financial models.
- Strong analytical, organizational, project management, communication, interpersonal, and cross-functional collaboration skills.
- Ability to manage multiple deadlines, work independently, and adapt to changing priorities.
Nice to have
- Experience advising on strategic and operational contract administration matters across pharmaceutical market access functions.
Culture & Benefits
- Continuous learning focused on AI, technology, automation, and industry trends.
- Medical, dental, and vision benefits with resources supporting financial, family, and wellbeing needs.
- Generous paid time off, including company shutdowns in summer and winter.
- Educational assistance, student loan repayment, commuting subsidy, matching charitable donations, and 401(k).
- Equal employment opportunity, reasonable accommodations, and an inclusive workplace.
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