Manager of Payer Contracting

Posted Yesterday
Hiring Remotely in Illinois
Remote
109K-171K Annually
7+ Years Experience
Healthtech • Software • Analytics • Biotech • Pharmaceutical • Manufacturing
Takeda exists to create better health for people, brighter future for the world.
The Role
Lead the development and implementation of assigned Payer and PBM contracts with a focus on drafting and editing complex agreements for Commercial and Medicare Part D entities. Act as a key business partner with Managed Markets, Legal, and Finance to evaluate new commercial opportunities and negotiate with external customers and internal partners. Oversee agreement compliance process and assist with contract implementation of modified strategies and special projects.
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Job Description
Join Takeda as a Manager of Payer Contracting. Where you will lead the development and implementation of assigned Payer and PBM contracts with an emphasis on drafting and editing complex agreements for Commercial and Medicare Part D entities. You will also act as the key business partner with Managed Markets, Legal and Finance to guide the evaluation of new commercial opportunities; Participate in the business case process to review the opportunities and assist in the evaluation of proposals to ensure it meet the business unit financial and strategic objectives. You will also negotiate with external customers and internal partners and act as subject matter expert regarding the impact and risk of terms and conditions memorialized within contracts and advise appropriate action to maintain the contracting integrity.
How you will contribute:

  • Responsible for the technical and analytical support for payer contracts including:
    • Drafting and editing of contract documents
    • Highlighting issues and concerns for legal review
    • Managing contract compliance and adherence to the approved business case
    • Resolving internal/external account issues and concerns
  • Provide a high level of contracting support including drafting and editing contract documents, executing contract documents, managing deadlines relative to contract expirations and post contract evaluation for payer accounts to achieve favorable economic and/or strategic terms
  • Independently interact with Legal, Managed Markets and external customers to discuss business issues to ensure that business deals meet or exceed the requirements of the corporation and the department
  • Interpret and translate business case requirements into contract language, predicts potential customer concerns, negotiate contract language with external customers and translates such information to ensure accurate contract terms and rebate calculations
  • Oversee the agreement compliance process - both performance compliance and compliance to terms and conditions; recommend adjustments if necessary
  • Assists with the contract implementation of modified strategies, new product launch activities and special projects


Minimum Requirements/Qualifications:

  • Bachelor's degree required or 10 years related work experience; master's degree preferred.
  • 5 years of business experience in the pharmaceutical industry, preference for Managed Markets and/or Finance required.
  • Proven track record of leading and driving business process transformation and organizational culture change as well as delivering on programs with complex business deliverables
  • Health care business acumen with a comprehensive understanding of the pharmaceutical industry
  • Effectively interact with staff, management and executives from all functional areas as well as with key customers across Managed Markets, USBU Finance and Legal.
  • Ability to build strong partnerships by motivating others, inspiring confidence and rewarding innovation.
  • Ability to present complex information clearly and with confidence.
  • Excellent communicator, able to persuasively convey both ideas and data, verbally and in writing.
  • Support new product launches, program initiatives and business integrations.
  • Embraces and demonstrates a diversity and inclusion mindset and role models these behaviors for the organization.
  • Travel Requirement- 5%


More about us:
At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.
Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.
This position is currently classified as "remote" in accordance with Takeda's Hybrid and Remote Work policy.
Takeda Compensation and Benefits Summary
We understand compensation is an important factor as you consider the next step in your career. We are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices.
For Location:
Illinois - Virtual
U.S. Base Salary Range:
$108,500.00 - $170,500.00
The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job. The actual base salary offered will be in accordance with state or local minimum wage requirements for the job location.
U.S. based employees may be eligible for short-term and/ or long-term incentives. U.S. based employees may be eligible to participate in medical, dental, vision insurance, a 401(k) plan and company match, short-term and long-term disability coverage, basic life insurance, a tuition reimbursement program, paid volunteer time off, company holidays, and well-being benefits, among others. U.S. based employees are also eligible to receive, per calendar year, up to 80 hours of sick time, and new hires are eligible to accrue up to 120 hours of paid vacation.
EEO Statement
Takeda is proud in its commitment to creating a diverse workforce and providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, parental status, national origin, age, disability, citizenship status, genetic information or characteristics, marital status, status as a Vietnam era veteran, special disabled veteran, or other protected veteran in accordance with applicable federal, state and local laws, and any other characteristic protected by law.
Locations
Illinois - Virtual
Worker Type
Employee
Worker Sub-Type
Regular
Time Type
Full time
#LI-Remote

What the Team is Saying

Christina Alves
The Company
HQ: Cambridge, MA
50,000 Employees
Hybrid Workplace
Year Founded: 1781

What We Do

We strive to transform lives. While the science we advance is constantly evolving, our core purpose is enduring. For more than two centuries, our values have guided us to do what’s right for patients and for society.

We know that changing lives requires us to do things differently. We start by listening to and addressing what really matters to patients, the people who love them, and those in the healthcare system who provide care. And that’s what inspires us all to be bold, push boundaries and set new standards that open up greater opportunities. Join us in our effort to discover, develop and deliver new treatments to patients.

Why Work With Us

We connect to our history and Japanese heritage through everything we do to bring our purpose, values, vision, and imperatives to life. We are committed to bringing better health and a brighter future to patients. Being a part of Takeda means having the opportunity to be a part of something bigger than yourself.

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