Contract Analyst

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Position SummaryThe primary responsibility of the Contract Analyst is to ensure the intent surrounding the contract negotiation process is accurately reflected in the final document and to ensure version control of the agreement redlines. The Contract Analyst will work primarily with the CVS Specialty Pharmacy trade group, internal stakeholders, and pharmaceutical manufacturers. Generally, the contracts will be for Purchase, Distribution, Pharmacy Services, Confidentiality Agreements and Settlements. These contracts must accurately reflect CVS Caremark’s current business strategies and must have approval from all respective business units, in accordance with the Contract Review and Approval Process SOP and all current regulatory requirements. This position is Work From Home Flex; candidate is expected to be in Northbrook, IL office 3 days per week.The main responsibility of the position involves managing all phases of our Specialty Pharmacy Manufacturer agreement process including:Work with redlines and ensuring version control of assigned agreementsCustomize and modify existing contract languageTrack and maintain all stages of agreement document processEnsure timely contract completion and executionCollaborate with internal stakeholders during specialty contract negotiations and with pharmaceutical manufacturersOrganize and moderate intent calls with key stakeholders across the organization to discuss contracts and amendments prior to reviewOrganize conference calls with manufacturer account representatives and/or legal counsel to finalize agreements/amendmentsReview final documents and ensure all proper internal approvals are obtained prior to submitting for signatureImplementation notification and facility list trackingExpectations and responsibilities of the successful candidate include:Proactively take action on assigned projectsAbility to work in a fast paced, deadline driven environment while ensuring quality and accuracyDevelop a breadth of Specialty Pharmacy knowledge that includes required contractual clauses and services offeringsUse critical thinking in order to apply knowledge to each contractStrong attention to detailSense of urgencySolution focusedAbility to identify and escalate critical issuesEffectively communicate with all levels of the organizationAbility to manage multiple complex agreements simultaneouslyOpen and adaptable to new and innovative strategies and processesAbility to work autonomously as well as collaborativelyRequired Qualifications2+ years of experience with contracts, healthcare or insurance.Intermediate level Microsoft Word and ExcelMust be able to commute to the Northbrook, IL office 3 days a weekPreferred QualificationsContract support or contract interpretation experiencePharmacy/Specialty Pharmacy/Medical Industry knowledgeEducationBachelor’s degree or equivalent work experience requiredPay RangeThe typical pay range for this role is: $40,600.00 - $89,300.00. This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long-term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions.

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