Patient Compensation Lead - FSP
ParexelAbout the role
When our values align, there's no limit to what we can achieve.
At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.
Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.
Job Summary
The Patient Compensation Lead will be responsible for ensuring all processes and vendors are in place that are needed to enable participant compensation, reimbursement, and travel services. This role will be accountable for the performance of multiple vendors performing services to support participant payments, will serve as global business process owner and will work with sponsor’s study teams to oversee vendors, manage processes, resolve issues, and other key deliverables. The Patient Compensation Lead will be accountable for ensuring all vendors and study team members are following defined processes and will provide leadership and appropriate oversight to the vendors and preferred CROs. The Patient Compensation Lead is a Subject Matter Expert (SME) on global payments and travel services and will be responsible for defining, documenting, and sharing best practices with vendor staff and study teams.
Job Responsibilities
Implement sponsor’s strategy on global participant payments and travel services, including sourcing, supportive technology and roles, study, country and site scope, responsibilities and accountabilities for vendors and staff
Lead cross-functional efforts to identify and implement improvements to the payments processes, systems and tools
Engage with Clinical Development & Operations and vendor senior leadership to effectively manage issues and opportunities in the area of global participant payments and travel services
Develop and manage sponsor’s process guidelines and ensure adherence to those processes through QC checks and oversight activities including review and analysis of KPIs and metrics
Prioritize and make decisions and recommendations on complex processes and issues with interdependencies (e.g., site relationships, budgets and contracts, regulatory requirements, language, tax, currency, etc.) which include ex-U.S. constraints
Proactively assess payment strategies to align with evolving sponsor’s operating model, industry landscape, and evolution of clinical trials
Serve as Subject Matter Expert for global participant payments and travel services queries and approaches
Coordinate with Site Payments and Contracting teams and manage mixed-model studies
Lead and drive development, enhancements, or process improvement initiatives for all aspects of participant payment administration from protocol schedule of activities, database build through to payment execution
Lead creation of an integrated, patient-centric approach to strong customer focus and issue management resolution. Ability to anticipate change in a matrixed environment as well as influence senior management/other lines who are customers to participant payments process
Define and provide managerial leadership of strategies within team and specific implementation of processes, quality goals and standards
In strong collaboration with other colleagues or functions (peers, project leads, and group leads), implement strategies to ensure consistent processes
Qualifications
Basic requirements:
Bachelor’s degree or equivalent required; MBA or advanced degree is preferred.
Knowledge of clinical operations, protocols and recruitment strategies
Demonstrated patient centric approach and empathy
Evidence of strong leadership, influencing, negotiation, and management skills
Evidence of Clinical Development and pharmaceutical study execution experience
Keen problem-solving skills
Strong leadership and relationship management skills. Demonstrated ability to effectively lead a team to deliver on common work objectives.
Ability to work independently with minimal supervision in a team-oriented environment.
Desire to create positive experiences and make significant contributions.
Ability to collaborate effectively across a variety of teams and cultures located in multiple locations in demanding/changing situations.
Excellent interpersonal and organizational skills, sufficient to manage many high priorities concurrently in a fast-paced
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