We Are Teva
We're Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it's innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we're dedicated to addressing patients' needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You''ll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.
Our Team, Your Impact
The Senior Director, Contract Compliance & Administration is responsible for leading all Contract Administration and Contract & Formulary Compliance functions within Revenue Optimization & Contract Compliance (ROCC). Reporting directly to the Vice President, ROCC, this role provides strategic and operational leadership across contract execution, rebate administration, chargebacks, membership management, formulary compliance, audit activities, and dispute resolution. The position is accountable for the end-to-end administration, validation, adjudication, and compliance of both commercial and government customer contracts, ensuring operational excellence, payment accuracy, regulatory compliance, and revenue optimization across the portfolio.
This leader serves as a key business partner to Market Access, Legal, Government Pricing, Finance, Commercial Operations, and Information Technology, ensuring contractual obligations are executed effectively while minimizing financial, operational, and compliance risk. The mission of this role is to drive operational excellence, maximize revenue realization, eliminate revenue leakage, strengthen contract governance, and ensure timely and effective dispute resolution while supporting innovative contracting strategies and optimizing both branded and generic pharmaceutical business performance.
A critical component of this role is championing the organization''s AI, automation, and digital transformation agenda. The Senior Director will identify, prioritize, and implement advanced technologies to improve productivity, enhance compliance controls, accelerate dispute resolution, increase scalability, and deliver measurable business value. This leader will foster a culture of continuous improvement and innovation, leveraging technology to transform contract operations, improve decision-making, reduce manual effort, and position the organization as an industry leader in operational excellence and revenue optimization.
How You'll Spend Your Day
Strategic Leadership
Operational Leadership
Provide executive oversight for:
Managed Care & Purchase-Based Rebate Operations
o Oversee accurate calculation, validation, adjudication, and payment of managed care, Medicare, purchase-based, and other rebates.
o Ensure contract terms are interpreted and configured accurately within contract administration systems.
o Drive payment accuracy, timely execution, forecasting, and customer satisfaction.
o Oversee customer inquiries, reconciliations, and rebate dispute resolution activities.
Chargebacks & Membership Administration
o Lead end-to-end chargeback processing, customer eligibility validation, roster maintenance, and contract membership administration.
o Ensure accurate class-of-trade assignments and contract eligibility determinations.
o Oversee contract setup, wholesaler connectivity, and customer master governance.
o Drive operational efficiency while maintaining strong financial controls and payment accuracy.
Contract & Formulary Compliance
o Lead contract compliance and formulary validation programs across managed care customers, PBMs, and health plans.
o Ensure compliance with contractual requirements related to formulary positioning, utilization management, prior authorizations, quantity limits, and step edits.
o Identify, quantify, and recover non-compliant claims and payments.
o Oversee managed care post-audit activities, audit strategy, and settlement negotiations.
o Lead cross-functional dispute management and resolution efforts to maximize recoveries and minimize revenue leakage.
How You''ll Spend Your Day
Operational Leadership
Provide executive oversight for:
Revenue Optimization & Financial Stewardship
o Protect company revenue by ensuring only eligible claims are paid.
o Identify opportunities to recover overpayments and improve contract performance.
o Partner with Finance, Government Pricing, and Gross-to-Net teams to ensure accurate accruals, forecasting, and financial reporting.
o Monitor and communicate operational and financial trends to executive leadership.
o Support strategic contracting decisions through operational and financial analysis
Risk Management & Compliance
o Ensure compliance with company policies, contractual obligations, and industry requirements.
o Oversee adherence to evolving federal and state healthcare legislation and contracting requirements, including the Medicare Drug Price Negotiation Program (MFP), Most Favored Nation (MFN) provisions, and others.
o Maintain a strong internal control environment and audit readiness.
o Support internal audits, external audits, compliance reviews, and remediation efforts.
o Establish governance processes that ensure accurate and compliant contract administration.
Cross-Functional Partnership
o Partner closely with Market Access Contracting, Legal, Government Pricing, Compliance, Revenue Accounting, Treasury, IT, and Commercial teams.
o Provide operational input on new contract structures, rebate methodologies, and contract language.
o Evaluate operational feasibility and compliance implications of new commercial contracting strategies.
o Support enterprise transformation, system implementations, and digital initiatives
Your Skills and Experience
o Contract Administration and Operations
o Managed Care & Purchase Based Rebates
o Chargebacks and Membership Management
o Contract & Formulary Compliance
o Market Access Contracting
o Gross-to-Net and Revenue Management Processes
o Audit, Risk Management, and Compliance Governance
Also Good to Have
Salary Range
The annual starting salary for this position is between $205,520- $256,900 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:
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.
Already Working @Teva?
Make sure to apply through our internal career site on Twist-your one-stop shop for career development
Teva's Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva''s policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to AskHR@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.
Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
| Location | Parsippany, NJ |
| Salary | $205,520–$256,900 Per Year |
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