The 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 Caremarks 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.
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 agreements
-Customize and modify existing contract language
-Track and maintain all stages of agreement document process
-Ensure timely contract completion and execution
-Collaborate with internal stakeholders during specialty contract negotiations and with pharmaceutical manufacturers
-Organize and moderate intent calls with key stakeholders across the organization to discuss contracts and amendments prior to review
-Organize conference calls with manufacturer account representatives and/or legal counsel to finalize agreements/amendments
-Review final documents and ensure all proper internal approvals are obtain prior to submitting for signature
-Implementation notification and facility list tracking
Expectations and responsibilities of the successful candidate include:
-Proactively take action on assigned projects
-Ability to work in a fast paced, deadline driven environment while ensuring quality and accuracy
-Develop a breadth of Specialty Pharmacy knowledge that includes required contractual clauses and services offerings
-Use critical thinking in order to apply knowledge to each contract
-Strong attention to detail
-Sense of urgency
-Ability to identify and escalate critical issues
-Effectively communicate with all levels of the organization
-Ability to manage multiple complex agreements simultaneously
-Open and adaptable to new and innovative strategies and processes
-Ability to work autonomously as well as collaboratively
– 2 to 3 years of experience with contracts, healthcare or insurance
– Intermediate level Microsoft Word and Excel
COVID-19 Vaccination Requirement
CVS Health requires its Colleagues in certain positions 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, pregnancy, or religious belief that prevents them from being vaccinated.
- If you are 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 within the first 30 days of your employment. For the two COVID-19 shot regimen, you will be required to provide proof of your second COVID-19 shot within the first 60 days of your employment. Failure to provide timely proof of your COVID-19 vaccination status will result in the termination of your employment with CVS Health.
- If you are unable to be fully vaccinated due to disability, medical condition, pregnancy, or religious belief, you will be required to apply for a reasonable accommodation within the first 30 days of your employment in order to remain employed with CVS Health. As a part of this process, you will be required to provide information or documentation about the reason you cannot be vaccinated. If your request for an accommodation is not approved, then your employment may be terminated.
-Contract support or contract interpretation experience
-Pharmacy/Specialty Pharmacy/Medical Industry knowledge
-Bachelors degree or equivalent work experience required
At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Clinical Licensure Required
Job Type (Expected Hours Category)
Location – State/City
IL – Northbrook
2211 Sanders Road
No. of Positions