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Contracting Analyst

Bannockburn, Illinois
Start date
Mar 20, 2023

Job Details

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Job Description

Contracting AnalystTakeda PharmaceuticalBannockburn, ILAbout the role:

Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join our Contracts & Pricing team as a Contracting Analyst in our Bannockburn, IL office.

How you will contribute:
  • Manage all contract administration for assigned contracts including:

    • Documenting portfolio requirements for accurate establishment of the contract terms in the rebate processing system (payer accounts) or managing pricing system maintenance/set up and price changes (trade accounts)

    • Ensuring all product and price notifications are communicated on a timely basis

    • Partner with finance, credit and collections and customer service to resolve pricing issues or rebate issues

    • Ensuring all contract tracking documents are updated and contract documents are stored appropriately

  • Provide technical and analytical support for commercial (payer or trade accounts) contracts including:

    • Drafting and editing contract documents associated with access programs for specialty and plasma products

  • Works cross functionally within Contract & Pricing to ensure alignment for customer pricing and rebates.

  • Act as subject matter expert and provide cross-functional training on contract operations

  • Implements product pricing for assigned contracts

  • Ensures that business cases, contract documents and business exceptions are properly catalogued and stored to ensure secure archiving and seamless support in preparation of audits

  • Supports internal/external audits by preparing and providing the necessary documentation

  • Identifies, recommends and implements opportunities for process efficiencies including collaboration with Rebate, Chargeback and Pricing Analysts to drive increased efficiencies

Minimum Requirements/Qualifications:
  • Bachelor's degree or 3+ years of equivalent work experience required, Masters degree preferred.

  • 3+ years of business experience with progressive experience in one or more of the following areas:, Pricing, Contracts, Distributor Chargeback, or Customer Service in the pharmaceutical or healthcare industry

  • Experience in ModelN (FLEX) is preferred

  • Strong communication, analytical, teamwork and time management skills

Technical/Functional (Line) Expertise (Breadth and depth of knowledge, application and complexity of technical knowledge)

  • Understanding of the pharmaceutical industry and the Commercial Payor, Medicare Part D and/or Trade Account market space.

  • Knowledge of current pricing and rebating practices and ability to implement these practices

  • Financial/business analytical support to pricing and legal initiative that enforce contract compliance

Leadership (Vision, strategy and business alignment, people management, communication, influencing others, managing change)

  • Effectively interact with staff from all functional areas across Managed Markets, USBU Finance, Legal and Audit.

  • Effectively communicate ideas and data in both verbal and written form

  • Responsible to ensure that quality, productivity, and timeliness of deliverables meet organizational and customer expectations.

  • Engender credibility and confidence within and outside the company by being an effective team player

Decision-making and Autonomy (The capacity and authority to make organizational decisions, autonomy in decision-making, complexity of decisions, impact of decisions, problem-solving)

  • Uses sound judgment and takes a logical approach to problem solving and possesses the ability to apply knowledge learned to future situations.

  • Understands the link between one's own responsibilities and Takeda's business

  • Effectively manages multiple priorities to maximize results and departmental efficiencies and prioritizes daily activities around established objectives.

Interaction (The span and nature of one's engagement with others when performing one's job, internal and external relationships)

  • Ability to present complex information clearly and confidently

  • Effectively navigates the changing external and internal environment

  • Effectively collaborates with business partners and demonstrates the ability to resolve conflict in a constructive manner

Innovation (The required level of scientific knowledge, knowledge sharing, innovation and risk taking)

  • Ability to implement change that will enhance the overall effectiveness of the USBU Finance C&P and Controller organizations.

Complexity (Products managed, mix of businesses, internal and/or external business environment, cultural considerations)

  • Ability to understand Takeda's diverse product portfolio (Gen Med, Specialty and Plasma) and ensure compliant practices across the managed markets, C&P, Controller and Finance organization.

What Takeda can offer you:
  • Comprehensive Healthcare: Medical, Dental, and Vision

  • Financial Planning & Stability: 401(k) with company match and Annual Retirement Contribution Plan

  • Health & Wellness programs including onsite flu shots and health screenings

  • Generous time off for vacation and the option to purchase additional vacation days

  • Community Outreach Programs and company match of charitable contributions

  • Family Planning Support

  • Flexible Work Paths

  • Tuition reimbursement

More about us:

At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.

Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.

This position is currently classified as "hybrid" in accordance with Takeda's Hybrid and Remote Work policy.

In accordance with the CO Equal Pay Act, Colorado Applicants Are Not Permitted to Apply.

EEO Statement

Takeda is proud in its commitment to creating a diverse workforce and providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, parental status, national origin, age, disability, citizenship status, genetic information or characteristics, marital status, status as a Vietnam era veteran, special disabled veteran, or other protected veteran in accordance with applicable federal, state and local laws, and any other characteristic protected by law.


Bannockburn, IL

Worker Type


Worker Sub-Type


Time Type

Full time


Takeda is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetics and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people’s lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries and regions.

For more information, visit

Stock Symbol: TAK

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650 East Kendall Street
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