Who We Are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Sr. Manager of Managed Care Contracting, Regional & Medicaid is responsible for drafting, reviewing, and supporting the execution of contracts with Regional Payers and Medicaid stakeholders. This role plays a key part in translating business strategies into contractual agreements that reflect sound legal and financial terms while ensuring compliance with company policies and regulatory requirements. The Sr. Manager collaborates cross-functionally with Account Management, Payer Contracting Analytics, Payer Marketing, Legal, Finance, and Compliance teams to ensure the accuracy, consistency, and integrity of all contract documentation. This position will support Teva’s Innovative and Biosimilar product portfolio.

Location: This is a hybrid opportunity that can be based out of our Parsippany, NJ or West Chester, PA offices.

How You’ll Spend Your Day

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

Contract Drafting & Authoring

• Collaborate with Account Management, Payer Contracting Analytics, Payer Marketing, Legal, Finance, Compliance, and Commercial teams to develop and implement contracting strategies as aligned with Teva’s business objectives.
• Manage RFP, bid and approval process for assigned accounts to meet required internal and external timelines.
• Maintain contract templates and clause libraries in coordination with Legal and Compliance.
• Translate negotiated business terms into clear and legally accurate language.

Contract Lifecycle Management & Process Improvement

• Manage the contract lifecycle from initiation through execution, including internal review, revisions, and redlines.
• Ensure timely and accurate documentation, version control, and recordkeeping using Contract Lifecycle Management (CLM) tools.
• Identify opportunities to streamline the contract development process.
• Assist in implementing tools, templates, and workflows that improve efficiency and consistency.

Cross-Functional Collaboration

• Collaborate with internal teams (Account Management, Payer Marketing, Legal, Market Access, Pricing, Finance, Compliance) to gather input and align contract terms with business objectives to ensure successful implementation.
• Partner with Payer Contracting Analytics, Finance and Compliance to ensure key contract changes impacting financials are captured for accrual and business planning purposes.
• Serve as a liaison between internal stakeholders and Legal during contract drafting and review processes.

Compliance & Risk Management

• Ensure all contract terms comply with applicable legal, regulatory, and internal policies, including but not limited to government pricing, anti-kickback statutes, and best price regulations.
• Support Finance and Contract Compliance teams on audits, payment reconciliation and disputes, as necessary.

Your Experience And Qualifications

Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

Education/Certification/Experience

• Bachelor’s degree in Business or related field, MBA or JD or advanced degree preferred.
• Minimum 6 years of experience in payer contracting, healthcare law, or managed care agreements (pharma/biotech or health insurance industry preferred).
• Proficiency in contract lifecycle management (CLM) tools and Microsoft Office Suite.
• Knowledge of compliance standards including anti-kickback statute, Medicaid Best Price, and regulatory guidance.

Skills/Knowledge/Abilities

• Excellent written and verbal communication skills, including the ability to translate complex concepts into clear language.
• Exceptional collaboration and project management skills.
• Experience in pharmaceutical or biotech industry is preferred.
• Familiarity with government pricing implications (e.g., Medicaid Best Price, AMP).
• Ability to manage multiple contracts and timelines in a fast-paced environment with attention to detail.

Travel Requirements

Approximately 5-10% domestic travel throughout the US. Occasional.

PHYSICAL REQUIREMENTS:

• Sitting for extended periods of time at work station or mobile equipment.
• Visual Acuity: Perform activities such as computer work, preparing and analyzing data, and extensive reading.

WORKING ENVIRONMENT

May be required to wear personal protective equipment (PPE) as needed on site visits (i.e. safety glasses, hearing protection, gloves, etc.).

Enjoy a more rewarding choice

We Offer a Competitive Benefits Package, Including

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible, Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.

Important notice to Employment Agencies - Please Read Carefully

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.