Contract Manager I

Posted 6 Days Ago
Be an Early Applicant
San Diego, CA
In-Office
72K-120K Annually
Senior level
Healthtech • Pharmaceutical
The Role
The Contract Manager I is responsible for managing client, pharmacy, vendor, and third-party contracts by drafting, reviewing, and negotiating terms to ensure legal compliance and support the company's operations.
Summary Generated by Built In

Exemption Status:United States of America (Exempt)

$71,614 - $95,784 - $119,953

“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors.  A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”

This position is not eligible for Sponsorship.

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!

Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!

Job Description

Summary  

The Contract Manager I ensures MedImpact’s client, pharmacy, vendor, and other third party contracts are legally completed and maintained. As an individual contributor, the Contract Manager I handles day-to-day as well as project-based department activities.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Provides contract support within the Contract Management Department and to other business units of the Company, including subsidiaries.  Works on contract documents as assigned with clients, pharmacies, vendors, and other subcontractors;

  • Under limited supervision, drafts, reviews, negotiates terms, and completes NDAs, BAAs,  medium to high complexity contract amendments, new service agreements, addenda, and other contract forms (e.g., LOI, LOA, MOU) utilizing template formats and drafting custom language as needed for clients, pharmacies, vendors, and other subcontractors, as assigned;

  • Under limited supervision, analyzes contract redlines and confers with supervisor or Contract Management team to detect ambiguities, inaccurate statements, omission of essential terms, typographical errors, and possible conflict with legal and/or corporate policy;

  • Partners with internal and external audit teams to ensure clarity with respect to audit scope of contract audits. Provides contract document audit support by identifying and producing required documentation to meet audit requirements. Supports other Business Units with responses to government agency RFIs, subpoenas, and various other requests for production of contract documents related to litigation, state Market Conduct Examinations, and state licensing requirements;

  • Embraces accountability for deliverables completed on time and meets the quality levels expected by the Company’s internal standards and external customers.

  • Utilizes and assists in the creation and maintenance of a library of alternate language clauses and consults with department leadership, Regulatory Compliance, subject matter experts, and/or Legal Services on formulation of and drafting revisions to alternate clauses;

  • Collaborates with internal Business Units to confirm or clarify the accuracy of relevant contract terms;

  • Develops and maintains an understanding of the federal and state regulatory environment in which the Company operates to protect the Company from undue legal, financial and/or regulatory risk in contract documents;

  • Develops and maintains an understanding of the operational details of the Company in a strategic and proactive manner in order to promote a mutually beneficial relationship with its customers and ensure accuracy in contract documents.

Supervisory Responsibilities

No supervisory responsibilities

                                   

Client Responsibilities

This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written).  One must be able to; manage difficult or emotional client situations; Respond promptly to client needs; Solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

BS/BA and 5+ years’ experience or equivalent combination of education and experience, and 2 years' of SME in respective areas

Computer Skills

To perform this job successfully, an individual must be proficient in Microsoft Word and have a working knowledge of Microsoft Excel at no less than an advanced beginner level.

Certificates, Licenses, Registrations

None required.

Other Skills and Abilities

  • Understanding of the healthcare industry preferred, including knowledge of ERISA, federal and state anti-kickback laws, and HIPAA privacy requirements;

  • Demonstrated understanding of legal and regulatory requirements, and contract document types (Agreements, amendments, LOAs, BAAs, etc.)

  • Contract negotiation skills;

  • Working knowledge of contract language;

  • Demonstrated documentation skills; and

  • Strong interpersonal skills, with demonstrated ability to effectively contribute to a team effort.

  • Strong sense of ethics and integrity.

Reasoning Ability                              

  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Mathematical Skills    

  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.  Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Language Skills

  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. 

Competencies To perform the job successfully, an individual should demonstrate the following competencies:

Composure

Decision Quality

Organizational Agility

Problem Solving

Customer Focus

Drive for Results

Peer Relations

Time Management

Dealing with Ambiguity

Learning on the Fly

Political Savvy

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position may regularly be exposed to or encounter moving mechanical parts, high, precarious places, fumes or airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock or vibration. The noise level in the work environment is usually moderate (examples: business office with computers and printers, light traffic).

Work Location

This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.

Working Hours

This is an exempt level position requiring the incumbent to work the hours required to fully accomplish job responsibilities and reasonable meet deadlines for work deliverables. The individual must have the flexibility to work beyond traditional hours and be able to work nights, weekends or on holidays as required.  Work hours may be changed from time to time to meet the needs of the business.  Typical core business hours are Monday through Friday from 8:00am to 5:00pm.

Travel

This position requires no travel however attendance may be required at various local conferences and meetings.

The Perks:
  • Medical / Dental / Vision / Wellness Programs
  • Paid Time Off / Company Paid Holidays
  • Incentive Compensation
  • 401K with Company match
  • Life and Disability Insurance
  • Tuition Reimbursement
  • Employee Referral Bonus

To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers

MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego,
California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.

Equal Opportunity Employer, Male/Female/Disabilities/VeteransOSHA/ADA:

To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Disclaimer:

The above
statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Top Skills

Excel
Microsoft Word
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The Company
San Diego, CA
1,400 Employees
Year Founded: 1989

What We Do

MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), is the nation’s largest privately held PBM, serving health plans, self-funded employers and government entities. Our business model is unique. We focus on effectively managing client pharmacy benefits to promote Lower Cost and Better Care through One Source. Our model aligns us with our clients. We help promote prescribing of lower-net-cost, medically appropriate drugs with fulfillment at the most appropriate participating pharmacy providing competitive pricing, good value and high-quality service.

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