Senior Contract Analyst (Hybrid – Northbrook, IL 2–3 days/week in office)

CVS Health • Northbrook, IL

2d • Hybrid

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary The Senior Contract Analyst plays a critical role in ensuring that the intent of contract negotiations is accurately captured in final documents and that version control is maintained throughout the agreement lifecycle. This role supports the CVS Specialty Pharmacy Trade group, collaborating with internal stakeholders and mid-sized to large pharmaceutical manufacturers on a variety of agreements including distribution, purchase, services, confidentiality, and settlement contracts. All contracts must align with CVS Caremark’s current business strategies and receive approval from relevant business units, following established review and regulatory compliance processes.

Requirements

• 3-5+ years of contracting experience and knowledge of contracting terminology
• Proficiency in Microsoft Word and Excel
• Experience in redlining documents
• Demonstrate initiative and ownership of assigned projects
• Thrive in a fast-paced, deadline-driven environment while maintaining accuracy
• Build expertise in Specialty Pharmacy, including contractual clauses and service offerings
• Apply critical thinking to tailor contract terms appropriately
• Exhibit strong attention to detail and a sense of urgency
• Focus on solutions and escalate critical issues when needed
• Communicate effectively across all levels of the organization
• Manage multiple complex agreements simultaneously
• Embrace innovation and adapt to evolving processes
• Work independently and collaboratively as needed
• HS Diploma plus 5 years experience OR Bachelors Degree plus 3 years experience

Nice To Haves

• Knowledge of pharmacy, specialty pharmacy, or the medical industry
• Contract/clause drafting experience
• Salesforce CRM
• Conga CLM

Responsibilities

• Manage all phases of the manufacturer agreement process
• Maintain version control and manage redlines for assigned agreements
• Customize and revise contract language to meet business needs
• Track and document all stages of the agreement lifecycle
• Ensure timely completion and execution of contracts
• Facilitate contract review with internal teams and pharmaceutical manufacturers
• Organize intent calls with cross-functional stakeholders to align on contract terms
• Coordinate calls with manufacturer representatives and legal counsel to finalize agreements
• Review final documents and secure all necessary internal approvals prior to signature

Benefits

• This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families.
• The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
• Additional details about available benefits are provided during the application process and on Benefits Moments.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED