Teva Pharmaceuticals

Senior Manager, US Generics Contracting

Teva Pharmaceuticals • $126K — $157K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Legal Studies, or related field; MBA, JD, or advanced degree preferred.
  • Minimum of 5 years of pharmaceutical contracting experience, with 2 years specific to U.S. generics preferred.
  • Experience drafting and negotiating wholesaler and retail agreements is highly advantageous.
  • Strong understanding of pricing structures, chargebacks, rebates, and distribution channels.
  • Proven leadership experience in medium-to-large matrixed organizations.

Responsibilities

  • Lead the drafting, review, and negotiation of complex purchase and distribution agreements.
  • Translate commercial strategies into practical contract frameworks to optimize market access and profitability.
  • Collaborate cross-functionally to ensure contract terms reflect business intent and operational feasibility.
  • Oversee the full contract lifecycle, ensuring accuracy and timeliness from drafting through execution.
  • Draft contract structures that minimize revenue leakage through effective administration of chargebacks and rebates.
  • Manage state Medicaid agreements ensuring compliance with regulations and standards.
  • Drive continuous improvement in contracting processes and leverage tech for efficiency.

Benefits

  • Comprehensive health insurance from day one, including medical, dental, vision, and prescription coverage.
  • 401(k) retirement plan with employer match and defined contributions.
  • Generous paid time off policy including vacation and sick leave, plus holidays.
  • Company-paid life and disability insurance.
  • Various additional benefits including tuition assistance, health savings accounts, and virtual healthcare options.
Full Job Description
Our Team, Your Impact

We are seeking a strategic and highly experienced Pharmaceutical Contracts Leader to drive the development, negotiation, and execution of complex agreements across our U.S. Generics business. This role sits at the intersection of Commercial, Finance, and Legal, translating market strategy into structured, compliant, and financially optimized contract frameworks.

The ideal candidate brings deep expertise in generic pharmaceutical contracting, including wholesaler, retail, and government channels, and a strong understanding of pricing models, distribution dynamics, and revenue impact (e.g., chargebacks, rebates, and returns). This individual will operate as a trusted advisor to senior leadership, providing insights that shape contracting strategy, optimize market access, and mitigate financial and compliance risk.

This is a high-visibility role offering the opportunity to influence enterprise-wide decision-making, drive process excellence, and enhance contracting capabilities through both strategic leadership and operational execution.

The position is hybrid, requiring regular onsite presence in Parsippany, NJ (typical schedule: three days in office, two days remote).

How You'll Spend Your Day

KEY RESPONSIBILITIES
Contract Development & Negotiation
Lead the drafting, review, and negotiation of complex purchase, distribution, and sales agreements across commercial, government, specialty pharmacy (SP), GPO, and IDN channels
Structure contract terms that align with pricing strategy, market dynamics, and evolving competitive insights within the U.S. generics landscape
Partner closely with Legal to ensure agreements are compliant, enforceable, and aligned with organizational risk tolerance

Strategic Business Partnership
Translate commercial strategy into actionable contract frameworks that support growth, market access, and profitability
Provide strategic guidance to Commercial Leadership by incorporating market insight, channel dynamics, and financial implications into contract design and decision-making
Build alignment and drive consensus across a highly matrixed organization, balancing competing priorities among stakeholders

Cross-Functional Leadership & Influence
Collaborate with Commercial, Finance, Revenue Optimization, Contract Compliance, and Sales teams to ensure contract terms reflect both business intent and operational feasibility
Serve as a trusted subject matter expert (SME), effectively communicating and presenting complex contractual and financial concepts to internal stakeholders and external customers

Contract Lifecycle Management
Oversee the full contract lifecycle, including drafting, approvals, execution, and implementation, ensuring accuracy, completeness, and timeliness
Ensure seamless communication and interpretation of contract terms across all stakeholders to support effective execution

Financial & Operational Alignment
Draft and validate contract structures to support accurate administration of chargebacks, rebates, returns, and pricing adjustments, minimizing revenue leakage
Partner with Finance and Compliance to ensure contracts are audit-ready and aligned with financial controls

Process Optimization & Systems Utilization
Drive continuous improvement in contracting processes, templates, and governance to enhance efficiency and scalability
Leverage and optimize use of contracting and revenue management platforms (e.g., Model N, SAP, or similar systems) to support contract administration and analytics

Government & Medicaid Contracting
Manage and support state supplemental Medicaid agreements and other government-related contracts, ensuring compliance with applicable regulations

Leadership & Development (as applicable)
Mentor and develop team members, fostering strong analytical, strategic, and communication capabilities
Provide performance management, coaching, and development planning where applicable

Execution Excellence & Prioritization
Manage multiple high-priority initiatives simultaneously, demonstrating strong organizational skills, attention to detail, and adaptability to changing business needs

Compliance & Governance
Ensure adherence to all internal policies, regulatory requirements, and audit standards
Support internal and external audits, maintaining a high standard of documentation and process integrity
Your Skills and Experience
Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

Your Skills and Experience

Education
Bachelor's degree in Business, Finance, Legal Studies, or related field required
MBA, JD, or advanced degree (Business, Pharmacy, or related discipline) a plus

Experience
A minimum of 5 years of pharmaceutical contracting experience
A minimum of 2 years focus on or knowledge in U.S. generics preferred
Experience drafting and negotiating wholesaler and retail agreements preferred
Deep understanding of pricing structures, chargebacks, rebates, and distribution channels
Experience in medium-to-large, matrixed organizations
Prior experience leading initiatives, driving collaboration
Also Good to Have

TECHNICAL & PROFESSIONAL SKILLS
Advanced proficiency in Microsoft Word, Excel, and PowerPoint
Experience with Model N, SAP, or similar contracting and revenue management platforms
Strong analytical, problem-solving, and decision-making capabilities
Excellent written, verbal, and presentation skills
Ability to build relationships and influence stakeholders across all levels of the organization

TRAVEL REQUIREMENTS
Approximately 10% domestic travel within the U.S.

WORK ENVIRONMENT
Hybrid

Also Good to Have

Salary Range

The annual starting salary for this position is between $126,000- $157,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

How We'll Take Care of You

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.

The total compensation may also include restricted stock units and discretionary awards, depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

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About Teva Pharmaceuticals

Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company that develops, produces and markets generic drugs, specialty drugs and active pharmaceutical ingredients. It is the largest generic drug manufacturer in the world and one of the 15 largest pharmaceutical companies worldwide. Teva's products are sold in more than 60 countries and it has a portfolio of more than 3,500 products. The company was founded in 1901 in Jerusalem and is headquartered in Petah Tikva, Israel.
Learn more about Teva Pharmaceuticals
Size
40,000 employees
Industry

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