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Sr. Manager, Contract Operations & Pricing

Company Description

Statistics show that women and underrepresented groups tend to apply to jobs only if they meet 100% of the qualifications. Sobi encourages you to change that statistic and apply. Rarely do candidates meet 100% of the qualifications. We look forward to your application!

At Sobi, each person brings their unique talents to work as a team and make a difference. We are dedicated to developing and delivering innovative therapies to improve the lives of people who live with a rare disease. Our edge comes from our team of people and our commitment to patients.

Our mission and culture at Sobi North America get us excited to come to work every day, but here are a few more reasons to join our team:

  • Competitive compensation for your work
  • Generous time off policy
  • Summer Fridays
  • Opportunity to broaden your horizons by attending popular conferences
  • Emphasis on work/life balance
  • Collaborative and team-oriented environment
  • Making a positive impact to help ultra-rare disease patients who are in need of life saving treatments

Job Description

Sobi is currently seeking an Sr. Manager, Contract Operations and Pricing to our Contracts & Pricing team. This position will partner with internal/external customers on all aspects relating to market access contracts, ensuring timely and appropriate identification of contract adherence and performance. Additionally, this position is responsible for verifying contract compliance (including formulary monitoring/positioning), managing chargeback membership, monitoring class of trade, and leading the contract rebate payment and reconciliation processes.

This is a remote position - candidates located within EST time zone are preferred.

Key Responsibilities/Scope of the Job

  • Analyze customer submitted data, verify contract pricing terms, contract adherence, and communicate contract performance to key internal/external stakeholders.
  • Work with the customer facing teams and their customers, partner with contract administration 3PL vendors to assist in processing data, validating contract & chargeback membership including maintaining GPO and PBM Spine on a monthly/quarterly basis.
  • Maintain ASP calculation models to estimate impact of additional contracts on ASP erosion
  • Oversight of all aspects of market access contracts: analyze customer submitted data, verify contract pricing terms, contract adherence, and communicate contract performance to key internal/external stakeholders.
  • Lead the rebate payment and reconciliation process across multiple channels (i.e. -GPOs, Specialty Pharmacies, Physicians/Providers, and Distributors), as well as maintaining all related payment details and documentation.
  • Work with the customer facing teams and their customers, partner with contract administration 3PL vendors to assist in processing data, contract membership, formulary listings, chargeback membership, and rebate payment settlement.
  • Responsible for developing any contracts/amendments, implementing strategic interpretation, contract language negotiation, payment terms, and leading it through the approval process.
  • Establish and maintain collaborative working relationships with internal/external contacts and peers to ensure effective communication and a high level of customer service to support the successful implementation and execution of contract terms and payments.
  • Understand and interpret contract language and regulations as it relates to contract setup and maintenance, to ensure payments are accurate, timely, compliant, and delivered/reconciled per the terms of the agreement

Qualifications

  • Bachelor’s degree.
  • 2-3 years of biopharmaceutical contracting and/or operations business experience.
  • Quantitative analysis and/or financial analysis experience.
  • Experience working with external resources and systems.
  • Ability to manage multiple tasks simultaneously.
  • Strong communications skills and relationship-building aptitude.
  • Ability to read and understand complex legal contract documents.
  • In-depth, highly technical, analysis skills, aptitude, and high proficiency in Word/Excel/PowerPoint are required.

The base salary pay range for this role is $133,000-$180,000 annually. Actual pay for this position will take into account factors such as experience and location. In addition to a base salary, this position is also eligible for a competitive 401k match, short and long-term incentives, medical, dental, vision, STD/LTD and life insurance benefits, in addition to other health and wellness programs and offerings.

Additional Information

All Sobi employees need to demonstrate behaviors in line with Sobi's core values: Care, Ambition, Urgency, Ownership and Partnership. Are you ready to be on the Sobi team? Come join a culture that empowers every person to be the person that makes a difference for rare disease.

Why Join Us?

We are a global company with over 1,700 employees in more than 30 countries and are committed to the societies where we operate. With a deeply skilled management team directing our day-to-day wins, and a Board with a stellar track record, we’re ready to take on the world’s diseases, ailments and adversity. Our people believe they have the power to make a positive impact in others’ lives because that’s exactly what we do here. If you’re seeking a career that taps into your talents in a way that makes the world a better, healthier place, we just may have a job for you.

We know our employees are our most valuable asset, and our culture conveys that. We offer a competitive benefits package, to support the health and happiness of our staff.

Sobi Culture

At Sobi, we refuse to accept the status quo. This is because we have witnessed first-hand the challenges facing those affected by rare diseases, and have used this knowledge to shape our business to find new ways of helping them.

As a specialized biopharmaceutical company, we are dedicated to rare diseases. And we see this focus as a strength. By effectively turning our research into ground-breaking treatments, we help make medicine more accessible and open up more possibilities for patients and more opportunities for those caring for them. This has been our approach since day one, but we know we can’t change the world of rare diseases on our own. Accomplishing this requires strong partnerships with patients, partners and stakeholders across the entire value chain. Together, we define how our business can create solutions that serve the needs of those affected by rare diseases while facilitating sustainable growth.

An Equal Opportunity Employer

Sobi is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at Sobi are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity, protected veterans and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status or protected groups by the laws or regulations in the locations where we operate.

Sobi is an affirmative action and equal opportunity employer. Disabled/Veterans. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access this website to apply for a vacancy as a result of your disability. You can request reasonable accommodations by sending an email to [email protected]

COVID-19 Policy

For the safety of our employees and all individuals with whom we interact professionally, Sobi North America requires all new hires in the U.S. to be fully vaccinated for COVID-19 with proof of vaccination status. We will consider requests for reasonable medical or religious accommodations, as well as any state-specific exemptions, as required by applicable law.

 

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Average salary estimate

$156500 / YEARLY (est.)
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$133000K
$180000K

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What You Should Know About Sr. Manager, Contract Operations & Pricing, Sobi

Are you ready to take your career to the next level at Sobi as a Senior Manager, Contract Operations & Pricing? In this exciting role, you'll be at the heart of our Contracts & Pricing team, collaborating with various internal and external stakeholders to ensure compliance and optimal contract performance. Your keen analytical skills will be a huge asset as you analyze customer-submitted data, verify contract pricing terms, and communicate crucial insights to key players. At Sobi, we're not just about numbers; we're about people. Your work will directly contribute to ensuring timely compliance for market access contracts, all while making a positive impact on the lives of those affected by rare diseases. With our commitment to work-life balance, competitive compensation, and fun perks like Summer Fridays, you'll thrive in a collaborative environment that supports your personal and professional growth. Intrigued? You should be! If you're looking for a role where every day presents new challenges and opportunities to make a difference, then this is the perfect fit. Join us at Sobi and help us pave the way for breakthroughs in biopharmaceutical therapies. Don’t miss your chance to contribute to a mission that truly matters!

Frequently Asked Questions (FAQs) for Sr. Manager, Contract Operations & Pricing Role at Sobi
What does it take to be a Senior Manager, Contract Operations & Pricing at Sobi?

To become a Senior Manager, Contract Operations & Pricing at Sobi, candidates should hold a Bachelor's degree along with 2-3 years of experience in biopharmaceutical contracting and operations. Strong analytical skills and communication abilities are crucial, as well as proficiency in software tools like Word, Excel, and PowerPoint. Familiarity with complex legal documents is also beneficial.

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What are the key responsibilities of a Senior Manager, Contract Operations & Pricing at Sobi?

As a Senior Manager, Contract Operations & Pricing at Sobi, you will analyze customer data, verify contract compliance, lead rebate payment processes, and maintain collaborative relationships with stakeholders. You'll ensure that all aspects of market access contracts are communicated effectively and meet compliance standards.

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How does Sobi support work-life balance for employees in the Senior Manager, Contract Operations & Pricing role?

Sobi highly values work-life balance, offering flexible working hours, a generous time-off policy, and the opportunity for Summer Fridays. This supportive environment enables employees in the Senior Manager, Contract Operations & Pricing position to thrive both professionally and personally.

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What benefits can a Senior Manager, Contract Operations & Pricing at Sobi expect?

A Senior Manager, Contract Operations & Pricing at Sobi can expect a competitive salary between $133,000 and $180,000 annually, along with health benefits such as medical, dental, and vision coverage, a 401k match, and short- and long-term incentives. Additional health and wellness programs are also available to all employees.

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What skills are essential for success as a Senior Manager, Contract Operations & Pricing at Sobi?

Essential skills for success in the Senior Manager, Contract Operations & Pricing role at Sobi include advanced analytical capabilities, excellent communication skills, the ability to manage multiple projects simultaneously, and a strong grasp of contract language and regulations. Proficiency in financial analysis is also important.

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Why is Sobi an appealing workplace for a Senior Manager, Contract Operations & Pricing?

Sobi is an appealing workplace for a Senior Manager, Contract Operations & Pricing because of its commitment to fighting rare diseases, its innovative culture, and the emphasis on personal growth and collaboration. Employees are empowered to make a tangible impact, making their work truly fulfilling.

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What does the culture at Sobi look like for someone in the Senior Manager, Contract Operations & Pricing role?

The culture at Sobi is collaborative, dynamic, and mission-driven. As a Senior Manager, Contract Operations & Pricing, you will be part of an organization that values care, ambition, urgency, ownership, and partnership, making it a great environment for personal and professional development.

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Common Interview Questions for Sr. Manager, Contract Operations & Pricing
What experience do you have with biopharmaceutical contracting?

Highlight any relevant experience in biopharmaceutical contracting, specifying your roles, responsibilities, and outcomes. Emphasize your familiarity with contract terms and compliance, showcasing your problem-solving capabilities.

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How do you ensure contract compliance and performance?

Discuss methods you use to verify contract compliance, such as regular audits, data analysis, and effective communication with stakeholders. Showcase your proactive approach to identifying potential issues before they escalate.

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Can you explain a time when you had to manage multiple contracts simultaneously?

Provide a specific example that illustrates your organizational capabilities, multitasking skills, and how you prioritize tasks effectively to maintain compliance and performance across various contracts.

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How comfortable are you with conducting financial analysis?

Describe your experience with financial analysis, including any relevant tools and methodologies you have used. Share an example of how your analysis influenced contract negotiations or decisions.

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What strategies do you utilize to maintain strong relationships with stakeholders?

Discuss your interpersonal skills and how you build rapport with both internal teams and external partners. Highlight strategies such as regular check-ins, transparent communication, and collaborative problem-solving.

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Describe your approach to leading the rebate payment and reconciliation processes.

Explain your systematic approach to managing rebate payments, detailing the steps you take to ensure accuracy, compliance, and timeliness, and how you handle discrepancies or issues that arise.

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How do you stay current with changes in contracting regulations?

Talk about your methods for keeping up with industry changes, such as attending conferences, participating in professional associations, and following relevant publications. Showcase how this knowledge directly influences your work.

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What software tools are you proficient in for contract analysis?

List the specific software tools you are proficient in, elaborating on how you use them for contract analysis and compliance management. Additionally, mention any advanced functions you exploit to streamline processes.

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Can you provide an example of how you handled a disagreement about contract terms?

Share a detailed example of a conflict regarding contract terms and how you navigated the situation to achieve a satisfactory resolution for all parties involved.

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What motivates you to work in the biopharmaceutical industry?

Discuss your passion for the biopharmaceutical industry and how the opportunity to make a difference in the lives of those living with rare diseases inspires your work. Show how this drives your commitment to excellence.

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Our mission here at Sobi is to develop and deliver innovative therapies and services to improve life for people living with rare diseases.

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Full-time, remote
DATE POSTED
November 24, 2024

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