Senior Manager, Managed Care Contracting, Regional & Medicaid

Teva Pharmaceuticals; Lake Hiawatha (NJ); Hybrid; USD 100,000 - 130,000; Full time

Job summary

A leading pharmaceutical company is seeking a Senior Manager for Managed Care Contracting. This role involves drafting and executing contracts with payers and Medicaid, ensuring compliance with legal and financial standards. The ideal candidate will have extensive experience in payer contracting and strong communication skills. This hybrid position is based in New Jersey, offering a competitive benefits package.

Benefits

Comprehensive Health Insurance

401(k) with employer match

Paid Time Off

Life and Disability Protection

Tuition Assistance

Qualifications

• Minimum 6 years of experience in payer contracting or managed care agreements.
• Proficiency in contract lifecycle management tools.

Responsibilities

• Drafting and executing contracts with Regional Payers and Medicaid stakeholders.
• Collaborating with cross-functional teams to ensure contract accuracy.

Skills

Communication

Collaboration

Project Management

Education

Bachelor’s degree in Business

MBA or JD

Tools

Contract Lifecycle Management (CLM) tools

Microsoft Office Suite

Job description

Senior Manager, Managed Care Contracting, Regional & Medicaid

Join to apply for the Senior Manager, Managed Care Contracting, Regional & Medicaid role at Teva Pharmaceuticals

Senior Manager, Managed Care Contracting, Regional & Medicaid

2 days ago Be among the first 25 applicants

Join to apply for the Senior Manager, Managed Care Contracting, Regional & Medicaid role at Teva Pharmaceuticals

Join our rapidly expanding Strategic Contracting Unit within Value & Access and be at the forefront of a dynamic market. You'll directly influence patient access to both groundbreaking innovative therapies and cost-effective biosimilars, crafting cutting-edge contracting strategies that navigate a complex landscape.

This is your chance to leverage your expertise, drive impactful agreements, and contribute to a team that's defining the next generation of pharmaceutical access in a high-growth environment.

The Sr. Manager of Managed Care Contracting, Regional & Medicaid is responsible for drafting, reviewing, and supporting the execution of contracts with Regional Payers and Medicaid stakeholders. This role plays a key part in translating business strategies into contractual agreements that reflect sound legal and financial terms while ensuring compliance with company policies and regulatory requirements. The Sr. Manager collaborates cross-functionally with Account Managment, Payer Contracting Analytics, Payer Marketing, Legal, Finance, and Compliance teams to ensure the accuracy, consistency, and integrity of all contract documentation. This position will support Teva’s Innovative and Biosimilar product portfolio.

Location: This is a hybrid opportunity that can be based out of our Parsippany, NJ or West Chester, PA offices.

Your Experience and Qualifications:

• Bachelor’s degree in Business or related field, MBA or JD or advanced degree preferred
• Minimum 6 years of experience in payer contracting, healthcare law, or managed care agreements (pharma/biotech or health insurance industry preferred)
• Proficiency in contract lifecycle management (CLM) tools and Microsoft Office Suite
• Knowledge of compliance standards including anti-kickback statute, Medicaid Best Price, and regulatory guidance

Skills/Knowledge/Abilities:

• Excellent written and verbal communication skills, including the ability to translate complex concepts into clear language
• Exceptional collaboration and project management skills
• Experience in pharmaceutical or biotech industry is preferred
• Familiarity with government pricing implications (e.g., Medicaid Best Price, AMP)
• Ability to manage multiple contracts and timelines in a fast-paced environment with attention to detail

Enjoy a more rewarding choice:

We offer a competitive benefits package, including:

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Analyst, Legal, and Finance

• Industries

  Pharmaceutical Manufacturing

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