Astellas Pharma Commercial Contracts Manager in Northbrook, Illinois
Must have experience in pharmaceutical contracts with a focus on Managed Care (Commercial & Medicare Part D) accounts. Do you want to be part of an inclusive team that works to develop innovative therapies for patients? Every day, we are driven to develop and deliver innovative and effective new medicines to patients and physicians. If you want to be part of this exciting work, you belong at Astellas!
Astellas Pharma Inc. is a pharmaceutical company conducting business in more than 70 countries around the world. We are committed to turning innovative science into medical solutions that bring value and hope to patients and their families. Keeping our focus on addressing unmet medical needs and conducting our business with ethics and integrity enables us to improve the health of people throughout the world. For more information on Astellas, please visit our website at www.astellas.com.
This position is based in Northbrook, Illinois. Remote work from certain states may be permitted in accordance with Astellas' Responsible Flexibility Guidelines. Candidates interested in remote work are encouraged to apply.
Purpose and Scope:
The Commercial Contracts Manager negotiates and manages contracts with approved customers to support Market Access's goal of ensuring profitable formulary access for Astellas products. The incumbent will manage the entire lifecycle of the contract, develop pricing offers/proposals for customers in collaboration with Astellas' Field Sales and Market Access Account Management teams; and review, edit and negotiate contract language and amendments with customers to minimize risk to the company.
Essential Job Responsibilities:
With assistance of Director, Contract Management, develop pricing offers/proposals for MCOs in collaboration with Market Access's Field Sales and Market Access Account Management teams. Ensure appropriate approvals are received from and documented by Strategic Pricing Committee (SPC) prior to generating any new offers, or renewals or modifications of existing contracts.
Ensure compliance of internal policies and procedures with respect to development of pricing offers, especially as it relates to established pricing guidelines and exceptions to pricing guidelines.
With assistance of Director, Contract Management, review, edit and negotiate contract language and amendments (in collaboration with Field Sales and Market Access Account Management teams) with customers to minimize unfavorable business terms and risks to the company. Work collaboratively with the Legal department to ensure timely review of proposed changes in contract language and provide appropriate context to Legal to ensure proper review of contract language.
Maintain offers/contracts in Contracts & Pricing contract database to ensure that agreements are being submitted, negotiated and renewed well in advance of contract expiration and/or customer deadlines.
Acts as a lead liaison for Field Sales and Market Access Account Management teams, and a trusted advisor. Support them by maintaining offers/contracts in Contracts & Pricing contract database and reporting of major contracts & pricing terms and conditions. Assist in the development of their periodic business reviews with internal leadership and customers.
Work with Finance to ensure appropriate price reporting, appropriate validation and calculation of payments in Model N revenue management system, and to ensure that timely payments to customers are remitted in accordance with the contract terms.
Proactively communicate any contracts and pricing modifications to internal business partners within C&P, Finance, Sales, Account Management, Legal, Supply Chain, and any other interested stakeholders.
Provide guidance to C&P Pricing and Analytics team to ensure appropriate analysis of deals and accurate budgeting and forecasting.
Participates in strategy sessions with Market Access and Brand Marketing teams on new contracting initiatives. Participates in annual Budget and Mid-Term Plan (MTP) planning process with Pricing Analytics, Marketing, Market Access, Forecasting and Finance teams.
Review and understand price protection arrangements with customers, where applicable, and explain them to other C&P teams and internal customers as necessary to ensure proper analysis of deal.
This is an individual contributor role.
College degree in a business discipline is required. MBA preferred but not required.
Minimum of 5 years prior experience in contracts development, negotiations, analysis, and rebate administration.
Must have experience in pharmaceutical contracts with a focus on Managed Care (Commercial & Medicare Part D) accounts.
Ability to analyze/interpret contract language and identify risks to the company.
Prior hands-on knowledge and experience with either Model N or I-Many revenue management systems or other comparable systems used in pharma/healthcare industry. Prior experience with Salesforce or other Contracts Management tool is highly desirable.
Intermediate to Advanced MS Excel, Word and PowerPoint skills. Knowledge of MS Access is preferable.
Strong interpersonal, communicative, collaboration skills, customer service commitment, and orientation to detail are critical for this role.
Ability to plan and complete work in a fast-paced business environment independently with limited supervision across various levels and responding to tight timelines.
Medical, Dental and Vision Insurance
Generous Paid Time Off options, including Vacation and Sick time, plus national holidays including year-end shut down
401(k) match and annual company contribution
Company paid life insurance
Annual Corporate Bonus and Quarterly Sales Incentive for eligible positions
Long Term Incentive Plan for eligible positions
Referral bonus program
Category US Commercial
Astellas is committed to equality of opportunity in all aspects of employment.
EOE including Disability/Protected Veterans