Senior Manager, Contract Administration (Hybrid)

Vertex Pharmaceuticals, Inc-posted 2 months ago

Full-time • Mid Level

Hybrid • Boston, MA

5,001-10,000 employees

Chemical Manufacturing

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The Senior Manager, Contract Administration will report to the Director, US Market Access Contracting & Pricing in support of the US Market Access Contract Operations team with various deal governance activities (scheduling, proposal log maintenance, meeting minutes, etc.), Fair Market Value "FMV" governance, contract timeline tracking/reporting, contract clause library upkeep, contract prioritization tracking/reporting, and peer review of contract drafts and SOWs. The role is highly visible and will help build efficiency within the team and provide critical support across the end-to-end contracting process.

Support deal governance committees: Schedule meetings based on submitted agendas, maintain proposal log (document approvals/rejections/next steps), and document meeting minutes to ensure a transparent and compliant decision-making process for business case reviews.
Maintain contract documentation: Oversee the organization, accessibility, and secure storage of all contractual and legal documents, ensure a clear audit trail. Perform peer review of contract drafts and SOWs as needed.
Manage the contract clause library: Keep the standard clause library up-to-date and easily accessible in support for ensuring compliant and efficient contract drafts.
Support FMV analysis: Work with account owners (Payer, Trade, Hospital GPO), contract operations, legal, government pricing, and other relevant teams to scope FMV analyses for services and engagements. The scoping document will be reviewed with third party vendors and managed through to completion, reviewing with internal stakeholders on each iteration. Upon completion, the FMV analysis will be finalized, approved, and logged for future use.
Act as liaison: Serve as the central point of contact for a wide range of stakeholders, including Contract Operations, Account Owners, Legal, and other market access teams, to ensure alignment on deal governance activities, contract prioritization tracking/reporting, contract timeline tracking/reporting, and other ad-hoc activities as needed.
Drive process optimization: Proactively identify and help implement improvements to the contracting process, contract clause library, and systems to increase efficiency and reduce risk.

Bachelor's degree in a relevant field (such as paralegal studies, healthcare administration, business administration) or the equivalent combination of education and experience.
6 years of experience in a contracting role or the equivalent combination of education and experience.
3+ years of demonstrated experience with Market Access and contract operations activities in the biopharmaceutical industry, including commercial payer, government payer, trade and distribution, and specialty pharmacy.
High level proficiency in MS Office software including Word, Excel, Outlook, and PowerPoint
A solid understanding of the US healthcare payer landscape and compliance requirements related to pharmaceutical contracting.
Strong communication and relationship management skills are necessary for effectively coordinating with various internal and external stakeholders.

Proficiency with contract lifecycle management (CLM) software, such as iCertis, is desirable.
Paralegal degree or certification is desirable.
Preference given to candidates with Lean Six Sigma Black Belt Certification and Training.

This role is eligible for an annual bonus and annual equity awards.
Some roles may also be eligible for overtime pay, in accordance with federal and state requirements.
From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

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