Senior Contract Analyst
LabcorpAbout the role
We are a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions.
Through our unparalleled diagnostics and drug development laboratory capabilities, our 60,000+ employees combine cutting-edge innovation, science and technology to solve some of today’s biggest health challenges, accelerate life-changing healthcare breakthroughs and impact lives around the world.
Labcorp is seeking to hire a Senior Contract Analyst.
This is a remote based position.
Job Duties/Responsibilities:
Independently develop and review Agreements including Master Services Agreements (Client and Labcorp templates).
Agreements (Client and Labcorp templates).
Conducts peer reviews on Master Service Agreements.
Perform contract management tasks on medium to high complexity projects, as assigned.
Serve as contract management lead for strategic accounts, as assigned.
Lead negotiations for all assigned agreements with minimal or no management support.
Develop and apply knowledge of Labcorp and key standard contract provisions to ensure proper contract terms for all types of studies.
Generate payment schedules for the above-mentioned agreements
Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk.
Serve as contract management lead for strategic accounts.
Work cross-functionally with Contract Management, Legal, Proposal Management, Finance, Commercial Development and Sales teams to resolve contract issues in a timely manner.
Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships.
Lead process improvement initiatives intended to improve global delivery of contracts.
Adhere to Contract Management policies and processes.
Support and update all applicable systems as assigned (e.g. Salesforce, CMS, contracts database, etc.) to provide accurate and up-to-date information on contract status and details in a timely manner.
Provide accurate updates on all outstanding contractual documents to management as required.
Participate is project review meetings as necessary.
Mentor/train junior staff including providing pre-submission review and approval of junior staff’s signature documents in accordance with the Contract Management review guidelines, as assigned.
Other duties as assigned.
Requirements:
Bachelor’s degree or equivalent experience.
6 years in the pharmaceutical or CRO industry preferred with minimum of 4 years of contract management related experience (or equivalent)
Demonstrated ability to plan, multi-task and prioritize.
Demonstrated teamwork, communication and organizational skills.
Proficient in Excel and Word (intermediate).
Demonstrated problem-solving skills.
Excellent customer service skills, attention to detail and ability to be persistent while maintaining professionalism.
Proven ability to work remotely/independently.
Experience and comfort in a high volume, fast paced environment is essential.
Ability to navigate client contractual documents (CDAs, MSAs).
Ability to effectively negotiate internally/externally.
Mentor/Train junior staff.
Application window open through: 3/6/2025
Pay Range: $80,000 to $95,000 salary
Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more detailed information, please Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds. Free account required — sign up in 30sApply for this role