Senior Contract Analys: (Hybrid Northbrook, IL 23 days/week in office)

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Position SummaryThe Senior Contract Analyst plays a critical role in ensuring that the intent of contract negotiations is accurately captured in final documents and that version control is maintained throughout the agreement lifecycle. This role supports the CVS Specialty Pharmacy Trade group, collaborating with internal stakeholders and mid-sized to large pharmaceutical manufacturers on a variety of agreements including distribution, purchase, services, confidentiality, and settlement contracts.

All contracts must align with CVS Caremark's current business strategies and receive approval from relevant business units, following established review and regulatory compliance processes.Key Responsibilities:

• Manage all phases of the manufacturer agreement process
• Maintain version control and manage redlines for assigned agreements
• Customize and revise contract language to meet business needs
• Track and document all stages of the agreement lifecycle
• Ensure timely completion and execution of contracts
• Facilitate contract review with internal teams and pharmaceutical manufacturers
• Organize intent calls with cross-functional stakeholders to align on contract terms
• Coordinate calls with manufacturer representatives and legal counsel to finalize agreements
• Review final documents and secure all necessary internal approvals prior to signature

• Demonstrate initiative and ownership of assigned projects
• Thrive in a fast-paced, deadline-driven environment while maintaining accuracy
• Build expertise in Specialty Pharmacy, including contractual clauses and service offerings
• Apply critical thinking to tailor contract terms appropriately
• Exhibit strong attention to detail and a sense of urgency
• Focus on solutions and escalate critical issues when needed
• Communicate effectively across all levels of the organization
• Manage multiple complex agreements simultaneously
• Embrace innovation and adapt to evolving processes
• Work independently and collaboratively as needed

• 3-5+ years of contracting experience and knowledge of contracting terminology
• Proficiency in Microsoft Word and Excel
• Experience in redlining documents

• Knowledge of pharmacy, specialty pharmacy, or the medical industry
• Contract/clause drafting experience
• Salesforce CRM
• Conga CLM

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.