Senior Manager of Strategic Pricing & ContractingAbbott • Chicago, IL, US
Senior Manager of Strategic Pricing & Contracting
Abbott • Chicago, IL, US
[job_card.variable_days_ago]
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- [job_card.full_time]
[job_card.job_description]Required : B.A. / B.S. required 7 years' experience in roles of progressive responsibility to develop the competence required to meet the skills and responsibilities of the position. Accomplished and skillful in execution. Strong financial acumen, including compliance Excellent verbal and written communication skills Effective leadership skills Strong customer orientation and focus Professional presence and polished presentation skills. Ability to evaluate complex processes. Ability to establish strategic direction and lead change. Ability to influence and lead both with and without direct authority. Ability to use various types of databases and other computer software. Preferred : Minimum 3+ years' experience in Retail Pharmacy Payor / PBM contracting Minimum 3+ years' people management experience Excellent analytical, written and verbal communication, and negotiation skills CLM systems or pricing software tools knowledge (e.g., Model N, DocuSign, etc)
Senior Manager Of Strategic Pricing & Contracting
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
This position is a remote opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we're committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.
The Opportunity
As a Senior Manager of Strategic Pricing & Contracting, you will be responsible for managing contract development and negotiation for the Market Access / Managed Care Channel. The position will work cross-functionally with Account Management, Finance, Forecasting, Contract Operations, and Access Strategies teams to provide strategic contracting partnership and analytical insights to support decision-making. This position requires an experienced contracting professional with strong attention to detail and adaptable to constantly shifting priorities.
What You'll Do
- Lead the negotiation of complex contract terms for Managed Care / Market Access contracts across large PBM / GPO relationships.
- Employ a strong understanding of the U.S. healthcare landscape including Commercial Payors, Pharmacy and Medical Benefit structures, CMS and FDA guidelines to inform strategic contracting decisions.
- Translate pricing strategies to contractual terms such as price protection and rebate structures.
- Assess and quantify the impact and risk of both financial and non-financial contract terms.
- Collaborate with cross-functional teams to develop and enhance contract development effectiveness and drive continuous process improvements.
- Identify and anticipate key trends and assess opportunities and risks for contract negotiations.
Experience You'll Bring
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