Contract Analyst II

Clear and confident health care decisions begin with questions. At Labcorp, we’re constantly in pursuit of answers. With unparalleled diagnostics and drug development capabilities, we accelerate innovation and provide insight to improve health and improve lives. Whether you’re a patient, provider, researcher or in the pharmaceutical industry, we’re here for you. More than 70,000 employees strong, we serve clients in more than 100 countries.

Labcorp Drug Development

As a leading contract research organization (CRO), Labcorp Drug Development provides comprehensive drug development solutions for a range of industries. Our services cover the preclinical, clinical and post-market phases of drug development, the product life cycles for medical device and diagnostics and development services paired with regulatory support for the chemical testing and crop protection industries.

Labcorp Drug Development is a global leader in nonclinical safety assessment, clinical trial testing and clinical trial management services. Our unique perspectives are based on decades of scientific, medical and regulatory expertise.

Did you know?

In July 2022, Labcorp announced its intention to spin off its clinical development business as a separate public company, subject to the satisfaction of certain customary conditions. Fortrea will become the new brand identity for our Clinical Development business in connection with the spin-off, which is expected in mid-2023.

We believe that the exceptional is possible when you have the right partner, so we are looking for the right people to help build a transformative force in Clinical Development. [Register to View]

We are seeking a strong Contract Analyst to join our Early Development Contracting team. A successful candidate for this role should be an experienced individual preferably with a Clinical Research Organization or pharmaceutical industry background, but is not required. A strong candidate should have experiences with Master Service Agreements (MSAs) and other types of agreements such as Work Orders, Change Orders and other vendor agreements. Key attributes require that a strong candidate be a flexible team player, a good communicator, an ability to work independently and with a team partner, as well as having the ability to prioritize and manage multiple deliveries in parallel. A successful candidate would be working with key stakeholders internally and liaising with clients directly in order to drive the contracting process forward to a successful finalization. We offer opportunities for stretch opportunities within your role to promote growth within the organization. The contract management team is globally located team therefore flexibility across time zones may be required from time to time. The position will work remotely (or in a hybrid role in some areas, as applicable) and offers flexibility to manage work and family obligations. We are looking for a candidate who has a strong desire grow in our global organization supporting our mission to improve lives through improving health.

Remote based role in the US.

Job Duties -

• Perform contract management tasks on medium complexity projects, as assigned

• Serve as contract management lead for strategic accounts, as assigned

• Independently develop and review Agreements including Master Services Agreements (Covance multi-unit, single unit Client or single unit Covance templates)

• Lead negotiations for all assigned Agreements with moderate management support

• Develop and apply a working knowledge of the various Covance business units to insure proper contract terms for all types of studies

• Develop (including budgeting if required) and negotiate medium Change Orders for assigned projects with management support

• Generate cash flow analysis and payment schedules for the above mentioned agreements in accordance with Contract Management guidelines for review by senior members of the department

• Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk

• Work cross-functionally with Contract Analysts, Client Services, Finance, Pricing and Sales to resolve contract issues in a timely manner

• Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships

• Participate in process improvement initiatives intended to improve global delivery of contracts

• Adhere to Contract Management policies and process

• Ensure Sarbanes Oxley compliance from a contracting perspective

• Perform accurate data entry into SFDC, Apttus, CMS and/or other tools required for reporting

• Provide accurate updates on all outstanding contractual documents to management as required through required systems or tracking mechanisms

• Assist/mentor junior staff including providing pre-submission review and approval of junior staff’s signature documents in accordance with the Contract Management review guidelines, as assigned

• Other duties as assigned

Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

For more information about how we collect and store your personal data, please see our [Register to View] .