When our values align, there's no limit to what we can achieve.
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.
Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.
Home Based, US
Parexel's Pricing & Contracts Specialist role is to amend, negotiate and finalize project budgets, support change in scopes and work on contract development with established templates. Previous experience in contracts within a CRO environment is required.
Key Accountabilities:
Prepare and able to finalize in a client-ready format draft contract document, including Start-up Agreements, Work Orders and Change Orders from Parexel or client templates per guidance provided by the assigned Contract Manager or Line Manager or autonomously and in conjunction with relevant departments
Amend, finalize, and present project budgets as required
May negotiate budget changes with client
Prepare payment schedules as required, to support bids and for inclusion in contract documents
Direct client interaction with established contacts in conjunction with the assigned Contract Manager or Line Manager
Provide quality client deliverables to strict deadlines
Facilitate review and approval of contractual documents and budgets in accordance with relevant policies and procedures
Participate in contract review meetings with clients and internal customers
Communicate with and inform the FBP of ongoing budget changes and provide finance system load ready budget tools in accordance with relevant policies and procedures
Review client contractual templates with support from Line Manager/ Contracts Director / LRM and edit as appropriate to ensure Parexel's positions are covered and to highlight areas of potential concern
Ensure contracts with client edits received back from the client show all the appropriate changes
Ensure contractual documents are processed into and maintained in relevant databases
May customize templates approved by Legal for the relevant entities and post current copies on the Business Operations intranet
Participate in the development and testing of tools and procedures
Potential training and mentoring of other Business Operations team members May have involvement in discussing legal terminology for contractual documents as appropriate
Skills:
Ability to lead internal meetings
Highly organized with excellent oral and written communication skills
Excellent analytical skills, problem-solving skills and attention to detail
Highly confident dealing with internal staff, and external if required
Established negotiation skills
Knowledge and Experience:
Knowledge of contract management principles
Comprehensive knowledge of relevant software (Windows, Word, Excel, Outlook, Databases).
Education:
Bachelor’s Degree in Life Science, Business, Languages or equivalent. MBA or Paralegal certification preferred.
EEO Disclaimer
Parexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the US includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Parexel Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Parexel and has not been reviewed or approved by Parexel.
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Healthcare Strength — Health coverage is described as comprehensive, including medical, dental, vision, HSA/FSA options, and company-paid disability insurance. Descriptions often portray the package as strong or “top notch,” adding meaningful value.
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Retirement Support — Retirement offerings include a 401(k) with company matching and, in some regions, generous pension contributions. Core financial protections are emphasized as a solid part of the total rewards.
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Leave & Time Off Breadth — Time-off programs include ample PTO or flexible/unlimited RTO alongside flexible schedules and remote/hybrid options. Work-life balance support from managers is highlighted as a practical advantage.
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What We Do
Parexel is among the world’s largest clinical research organizations (CROs), providing the full range of Phase I to IV clinical development services to help life-saving treatments reach patients faster. Leveraging the breadth of our clinical, regulatory and therapeutic expertise, our team of more than 21,000 global professionals collaborates with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind, increasing access and participation to make clinical research a care option for anyone, anywhere. Our depth of industry knowledge and strong track record gained over the past 40 years is moving the industry forward and advancing clinical research in healthcare’s most complex areas, while our innovation ecosystem offers the best solutions to make every phase of the clinical trial process more efficient. With the people, insight and focus on operational excellence, we work With HeartTM every day to treat patients with dignity and continuously learn from their experiences, so every trial makes a difference. For more information, visit parexel.com. Community Guidelines Because Parexel’s social media channels are open to the general public and employees, we are not responsible for views expressed other than our own. However, we do not tolerate posts that are: • Abusive, harassing or threatening to others. • Defamatory, offensive, obscene, vulgar or depicting violence. • Hateful targeting by race/ethnicity, age, color, creed, religion, gender, sexual preference or orientation, nationality or political beliefs. • Sexually explicit or pornographic. • Fraudulent, deceptive, libelous, misleading or unlawful. • Referencing criminal or illegal activity. • Spamming. We reserve the right to remove any comments that do not adhere to our guidelines as well as report users who violate the rules of our page.
