What are the responsibilities and job description for the Head, Contract Management, US Oncology (Director) position at Takeda Oncology?
- About the Role:
- The Head of Contract Management (Director Level) is a highly experience professional responsible for ownership of the Pricing, Value, and Access contracting process for Takeda Oncology’s products and providing best in class service and subject matter expertise to business partners and key stakeholders. This individual would be accountable for the entire contract lifecycle from negotiation to execution and ongoing management, ensuring compliance with industry regulations and company policies while maximizing business opportunities for Takeda.
- PVA’s primary commercial contracting customers include health plans, Pharmacy Benefit Managers (PBMs), specialty pharmacies, group purchasing organizations (GPOs), wholesalers and distributors. Government contracting includes State Medicaid and the VA Federal Supply Schedule contract. The Head of Contract Management is comfortable pivoting among these various customers and users with high-impact and quality solutions, creating customer value that improves people’s lives.
- How you will contribute:
- Drive Market Access contract lifecycle beginning with business case development, demonstrating rationale and ROI supporting the contract proposal, through completion of the negotiation process and contract execution
- Draft, negotiate and review all Market Access agreements in accordance with approved guidelines and strategies
- Draft high quality, professional customer communication and correspondence
- Draft Letters of Intent for new contract offers
- Partner with the Account Team in negotiating contract terms and conditions
- Maintain a deep understanding of the contract templates, legal risk and liability, while seeking input from functional head to understand company position in each contract situation.
- Identify and highlight high risk terms in the agreements, and alert risks to management and account teams
- Maintain and update contracting policies, procedures, and work-flow processes as needed, continuously seeking best-practice solutions and embracing opportunities of new technologies to maintain an agile working environment
- Review and understand reimbursement strategies, including price protection arrangements, where applicable, and explain them to other teams and internal customers as necessary to ensure proper analysis of deal.
- Support field sales and Market Access account management teams, legal, finance, government pricing, compliance, etc. to ensure proposals and contracts are prepared accurately and in a timely manner, and assist in the development of periodic business reviews with internal leadership and customers.
- Provide guidance and support on questions of contract interpretation to ensure contract compliance, particularly with respect to accurate payments that impact forecasting and reserves.
- Track, organize and maintain files of all contracts and supporting documents in accordance with company filing process
- Remain current on key health care reform matters that impact contracting, achieve deep understanding of payer channels including managed care organizations, PBMs, specialty pharmacies, government contracting channels, health care exchanges, etc.
- Work with business partners in Government Pricing and Contract Operations to ensure appropriate price reporting, validation, and calculation of payments in Model N revenue management system, and timely and accurate payments to customers in accordance with the contract terms.
- Respond to inquiries from customers and field account managers regarding Market Access and Medicaid contract program specifics and performance details.
- Actively participate in meetings, fully prepared as the SME on PVA contracts
- In conjunction with Legal, advise stakeholders of contractual rights and obligations and provide interpretation of terms and conditions and other contractual elements
- Use of strong and persuasive verbal communication skills to execute and communicate effectively in a highly fluid, interactive, matrixed environment.
- Responsible for leading Pricing Committee, Contract Governance Committee, and Business Case process and all meeting minutes, policies and improvements related to these processes.
- Monitor existing customer contracts using approved performance methodologies and identifying and recommend opportunities for improvement
- Responsible for providing contractual background and approvals for final contract execution
- Minimum Requirements/Qualifications:
- Bachelor’s degree with 10 years of pharmaceutical experience with Market Access background and experience
- Proficiency in knowledge in the reimbursement and access as well as key Oncology stakeholders
- Previous experience in legal drafting with deep knowledge of Model N
- Launch experience is critical within the US marketplace
- Strong knowledge of the reimbursement environment for pharmaceutical products
- Preferred Qualifications:
- Experience in Oncology is highly preferred
- JD educational level would be highly desired
- More about us:
- At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.
- Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.
- This position is currently classified as "hybrid" in accordance with Takeda's Hybrid and Remote Work policy.
- Takeda Compensation and Benefits Summary
- We understand compensation is an important factor as you consider the next step in your career. We are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices.
- For Location:
- Boston, MA
- U.S. Base Salary Range:
- $174,500.00 - $274,230.00
- The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.The actual base salary offered will be in accordance with state or local minimum wage requirements for the job location.
- U.S. based employees may be eligible for short-term and/or long-termincentives. U.S.based employees may be eligible to participate in medical, dental, vision insurance, a 401(k) plan and company match, short-term and long-term disability coverage, basic life insurance, a tuition reimbursement program, paid volunteer time off, company holidays, and well-being benefits, among others. U.S.based employees are also eligible to receive, per calendar year, up to 80 hours of sick time, and new hires are eligible to accrue up to 120 hours of paid vacation.
- EEO Statement
- Takeda is proud in its commitment to creating a diverse workforce and providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, parental status, national origin, age, disability, citizenship status, genetic information or characteristics, marital status, status as a Vietnam era veteran, special disabled veteran, or other protected veteran in accordance with applicable federal, state and local laws, and any other characteristic protected by law.
- Locations
- Boston, MA
- Worker Type
- Employee
- Worker Sub-Type
- Regular
- Time Type
- Full time
- Job Exempt
- YesIt is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Salary : $174,500 - $274,230
