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Sr. Contract Specialist

at Incyte Corporation in Wilmington, Delaware, United States

Job Description

Incyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development excellence to improve the lives of patients, make a difference in health care, and build sustainable value.

The Company strives to discover and develop first-in-class and best-in-class medicines-advancing a diverse portfolio of large and small molecules.

Job Summary (Primary function)

The Sr. Contract Specialist provides contract review and operational contract management to support the contracting needs of the commercial units of Incyte's U.S. operations. The incumbent consults and collaborates with attorneys and business contract owners, and is responsible for timely preparation, drafting, negotiation and administration of contracts.

Essential Functions of the Job (Key responsibilities)

Contract Reviews

Review and negotiate confidentiality agreements (CDAs), consulting agreements, Master Services Agreements, Statements of Work, and other contract documents, as assigned, using contracting guidelines approved by the Legal function.

Identify and escalate contract terms to the contract owners, attorneys, and other appropriate stakeholders.

Contract Administration / Operational Management

Identify and effectively communicate priorities and urgencies to applicable stakeholders.

Track and drive contracts to resolution, including identifying remaining contracting issues, identifying appropriate stakeholders to reach decisions, and convening meetings to drive efficient decision-making.

Serve as an expert in Incyte's contract management system and processes. Work closely within Legal and contract management system team to ensure contracts are properly managed in system and develop enhancements, improvements and updates.

Track negotiated terms across agreements and identify potential updates to contracting guidelines. Propose updated contracting guidelines, as needed.

Partner with Legal and other colleagues to address and solve day-to-day contracting issues and proactively troubleshoot and implement short-term and long-term contract improvements and efficiencies.

Generate reports and similar analyses to communicate contracting trends, workload volumes, and similar information to inform long-term contracting enhancements.

Develop training materials and similar communications to drive efficiencies in the contracting process.

Liaison Responsibilities

Serve as liaison with counsel and contracting staff at key vendors and other third parties. Effectively interact with people at all levels within Incyte and third parties to negotiate contracts to completion and address other contracting issues.

Work with Incyte Compliance, Information Technology, Procurement, and other stakeholders (Privacy) to facilitate privacy and cybersecurity assessments for the benefit of US operations.

Qualifications (Minimal acceptable level of education, work experience, and competency)

Undergraduate degree, paralegal certificate preferred.

Minimum 7-9 years of contracting experience.

Experience negotiating agreements, particularly Master Services Agreements and related Statements of Work.

Market Access & Payer contracting experience preferred, but not required.

Well-developed understanding of business objectives and legal impact of routine and complex contract provisions.

Experience working with contract management systems platforms preferred, but not required.

Strong written, oral communication, interpersonal, and organization skills.

Ability to work independently, as well as, in a team environment.

Ability to effectively prioritize workload and communicate priorities.

Interacts effectively and productively with colleagues and business partners.

Motivated to work in a fast-paced environment.

Ability to work and adapt in a complex, dynamic organization handling multi-faceted projects with tight timelines.

Appetite for learning new areas as our business evolves.

 

Disclaimer: The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and qualifications. Management reserves the right to change or modify such duties as required.

Incyte Corporation is committed to creating a diverse environment and is proud to be an equal opportunity employer.

We Respect Your Privacy

Learn more at:

The Incyte... For full info follow application link.

 

We appreciate, celebrate, and thrive on one another’s differences and strengths and are proud to be an Equal Opportunity Employer. By valuing diversity of backgrounds and perspectives and prohibiting all forms of harassment, we are able to promote a collaborative and innovative work environment in which everybody can contribute to their fullest potential.        

        

 

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Job Posting: 826723

Posted On: Jul 26, 2021

Updated On: Aug 25, 2021