GPO Contract Manager (Hybrid- Parsippany, NJ office)

Managed Health Care Associates•Parsippany, NJ

50d•$63,000 - $80,000•Hybrid

About The Position

Managed Health Care Associates, Inc. (MHA) provides care communities access, solutions, and insights to help them run their businesses more effectively. Our members include post-acute providers across the care continuum, including long-term care, home infusion, specialty pharmacies, senior living, and other group living facilities. Our team of associates is passionate about our common mission of helping people age with grace and championing our core values of being Curious Learners, Selfless Advocates, and Relentless Finishers. The Contract Manager is responsible for all aspects of the contracting process for assigned Pharmaceutical and Healthcare Business partners, including those in the Medical and Business Products and Services categories. This role involves identifying new opportunities for MHA, assessing market gaps within our portfolio, and understanding how market conditions impact contract performance. The Contract Manager will oversee the end-to-end management of the contract lifecycle-including preparation, coordination, negotiation, and ongoing management of agreements, renewals, amendments, and product or price updates. The ideal candidate will have exceptional communication, organizational, and analytical skills, along with proficiency in PowerPoint and Excel.

Requirements

Bachelor's degree in a technical or related field (or equivalent experience)
5-7 years of experience, ideally in contract management, customer service, operations, or analytics within the Healthcare or Pharmaceutical industries
Strong background in contracting strategy and administration for Healthcare or Pharmaceutical products preferred
Excellent planning, organizational, analytical, and time-management skills
Strong communication and interpersonal skills
Proficiency in Microsoft Office and familiarity with client-server-based applications and databases

Responsibilities

Partner with Legal, Trade Leadership, Account Management, Operations, Analytics, and Marketing to align on business needs and contract objectives.
Serve as the primary liaison with business partners throughout the contract lifecycle.
Prepare materials, facilitate discussions, and document key outcomes and follow-up actions.
Communicate contract updates, policy changes, and key information to internal and external stakeholders.
Resolve contract-related issues raised by Sales, Operations, or partners promptly to maintain business continuity.
Negotiate new and renewal agreements, providing redlined recommendations aligned with MHA policies and leadership guidance.
Coordinate with Legal and Trade Leadership to ensure timely review and approval of terms and conditions.
Recommend contract language and lifecycle updates that reflect evolving business needs.
Balance commercial objectives with compliance requirements during negotiation and execution.
Serve as the primary contact for Legal and business partners on contract-related matters, escalating as necessary.
Ensure alignment with internal policies, pharmaceutical regulations, and trade compliance standards.
Collaborate with Operations to monitor adherence to payment terms, reporting accuracy, and Class of Trade compliance.
Identify and track contracts requiring special administrative or regulatory considerations.
Manage the full life cycle of contracts, including setup, execution, maintenance, renewals, and extensions.
Support implementation by coordinating approvals, preparing materials, and maintaining complete documentation.
Load key contract data into systems (e.g., MIDAS) and communicate updates to relevant teams.
Recommend process improvements to enhance accuracy and timeliness of renewals and maintenance.
Collect and analyze contract data to assess performance, compliance, and business impact.
Track and report contract KPIs and summarize trends for Trade Leadership.
Use insights to identify risks, opportunities, and strategic recommendations for improvement.
Present findings and recommendations during business reviews to support data-driven decisions.
Identify and implement enhancements in contract routing, approval, and renewal workflows.
Develop and document standardized procedures, train stakeholders on best practices.
Collaborate cross-functionally to improve automation, data accuracy, and efficiency.
Drive continuous improvement initiatives that support scalability and compliance.

Benefits

Comprehensive medical, dental, vision and prescription plans with FSA/HSA options individual and family options
Teledoc access
Fitness Reimbursement
Commuter Benefit Plan
Access to an Employee Assistance Program (EAP)
Paid Time Off
Day off for your birthday and a floating holiday
Paid Parental Leave
401K with a match
Employee Stock Purchase Plan
Life Insurance, short-term & long-term disability insurance
Access to financial and legal advisors
Perks and Benefits Discounts
Tuition Reimbursement
E-learning programs
Ongoing Team Trainings
Paid volunteer time-off
Donation matching
Medical, Dental, Vision Coverage (for employee and family)
Flexible Spending Account & Health Savings Account with Company contribution
Employee Assistance Program
Disability Coverage
Life insurance
401(k) with company match
Employee Stock Purchase Plan (ESPP)
Paid Time Off (PTO), paid holidays, floating days