Associate Director, Managed Care Payer Contracting

We Are Teva

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

The opportunity

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 Associate Director, Managed Care Payer Contracting plays a pivotal role in supporting the development, drafting, negotiation, and management of contractual agreements with payers, PBMs, and other market access stakeholders. This position ensures contract strategy aligns with organizational goals and compliance standards, facilitating appropriate patient access to therapies through well-structured, risk-appropriate contractual arrangement. The role combines strategic analysis, legal insight, and cross-functional collaboration to optimize payer relationships and business outcomes. This position will support Teva’s Innovative and Biosimilar product portfolio.

 

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

How you’ll spend your day

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.  

 

Contract Strategy and Development: 

• Collaborate with Account Management, Payer Contracting Analytics, Payer Marketing, Legal, Finance, Compliance, and Commercial teams to develop payer contracting strategies as aligned with Teva’s business objectives 
• Interpret business goals and translate them into clear, actionable contract language that appropriately captures all parties’ intent 

 

Authoring and Drafting: 

• Author and manage the lifecycle of National pharmacy and medical benefit payer contracts, including Commercial, Medicare and Managed Medicaid 
• Assess contract language risks and opportunities along with mitigation strategies, as appropriate, with a proactive and forward-thinking view  
• Draft language that reflects negotiated terms and ensures legal and regulatory compliance 
• Create and maintain contract templates, playbooks and clause libraries 

 

Review and Negotiation Support: 

• Work closely with Legal and Compliance teams to review terms and address legal risk 
• Support and/or lead negotiations with payers and GPOs/PBMs where appropriate in collaboration with Account Management 
• Coordinate redlines and counterproposals during the contract negotiation process 

 

Process Improvement and Governance: 

• Manage RFP and bid process for assigned accounts to meet required internal and external timelines  
• Lead Teva’s contract approval process to ensure organizational awareness and Leadership alignment 
• Optimize and standardize contract workflows, tools, and documentation practices 
• Ensure contracts are executed and stored per internal governance and audit requirements 
• Maintain knowledge of relevant laws, regulations, and industry best practices 

 

Cross-Functional Collaboration: 

• Serve as the liaison between internal teams and external partners to ensure alignment and successful contract implementation with key stakeholders, including Finance, Operations and Pricing 
• Partner with Payer Contracting Analytics, Finance and Compliance to ensure key contract changes impacting financials are captured for accrual and business planning purposes 
• Support Finance and Contract Compliance teams on audits, payment reconciliation and disputes, as necessary 
• Lead training sessions and provide guidance on contract language and interpretation from Teva’s business perspective 

Your experience and qualifications

Any equivalent combination of education, training and/or experience that fulfills the requireme