At a Glance
- Tasks: Manage contracts and lead negotiations for pharmaceutical projects.
- Company: Labcorp is a global leader in drug development solutions and clinical trial management.
- Benefits: Enjoy flexible work hours, remote options, and comprehensive training opportunities.
- Why this job: Join a supportive culture focused on mentorship and professional growth.
- Qualifications: Experience in contract management, strong communication skills, and proficiency in Microsoft Office required.
- Other info: This role is home-based, with a preference for candidates near UK sites.
The predicted salary is between 36000 - 60000 £ per year.
Do you have previous experience in contract management?
Have you worked in the pharmaceutical/CRO industry?
Labcorp have the role for you!
Labcorp are looking for a Contract Analyst, in a home-based opportunity, situated in the UK. Preferably, you will be located close to one of our UK sites (Harrogate, Huntingdon, Eye or Shardlow), however this is not essential.
About Labcorp:
As a leading contract research organization (CRO), Labcorp 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 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.
In this position, you will:
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Perform contract management tasks on low to medium complexity projects
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Lead negotiations for low to medium complexity projects with moderate to high management support.
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Develop and review Agreements including Master Services Agreements (Client or Labcorp template).
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Develop and apply knowledge of Labcorp and key standard contract provisions to insure proper contract terms for all types of studies
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Follow up on outstanding contract issues for resolution to meet internal and external deadlines and to minimize business and legal risk.
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Serve as contract management lead for strategic accounts.
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Work cross-functionally with Contract Management, Legal, Proposal Management, Finance, Commercial Development and Sales teams to resolve contract issues in a timely manner.
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Assist management and subject matter experts (SME) in maintaining harmonized contract processes and client relationships.
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Support and update all applicable systems as assigned (e.g. Salesforce, CMS, contracts database, etc.) to provide accurate and up-to-date information on contract status and details in a timely manner.
To be successful in this role you will:
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Have experience in contract management, ideally within the pharmaceutical or CRO Industry
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Have previous experience in effective communication with internal and external stakeholders.
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Have excellent customer service skills, attention to detail and ability to be persistent while maintaining professionalism.
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Be able to demonstrate a high degree of accuracy and attention to detail.
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Possess strong critical thinking and analytical skills.
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Have exemplary working knowledge of Microsoft Office Suite (Outlook, Word, Excel, and PowerPoint) and hold excellent written and oral communication skills.
What you will find at Labcorp:
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Work-life balance: At Labcorp, you can manage your work-life balance with their employee-friendly leave policy and enjoy dedicated time with your friends and family. Work days are from Monday to Friday with flexible work timings.
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Training & development: Labcorp offers developmental training in self-paced, virtual, and live-in-person formats to help grow your career. The company aims to help improve your cultural awareness, offer valuable global insights and help you develop a strong global mindset. Labcorp increases employee engagement, encouraging cross-team connections and creating a culture of mentorship throughout the organization.
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging 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 and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), 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. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit ouraccessibility siteor contact us atLabcorp Accessibility. Formore information about how we collect and store your personal data, please see ourPrivacy Statement.
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Contract Analyst employer: Laboratory Corporation
Contact Detail:
Laboratory Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Analyst
✨Tip Number 1
Familiarise yourself with Labcorp's specific contract management processes and the pharmaceutical industry standards. Understanding their unique requirements will help you stand out during interviews.
✨Tip Number 2
Network with current or former Labcorp employees on platforms like LinkedIn. They can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your previous contract management experiences in detail, especially any relevant projects in the pharmaceutical or CRO sectors. Be ready to highlight how you navigated challenges and achieved successful outcomes.
✨Tip Number 4
Showcase your analytical skills by preparing examples of how you've used data to inform contract decisions. This will demonstrate your critical thinking abilities, which are essential for the Contract Analyst role.
We think you need these skills to ace Contract Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure to customise your CV to highlight your experience in contract management, particularly within the pharmaceutical or CRO industry. Use specific examples that demonstrate your skills and achievements relevant to the role.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to Labcorp. Mention your understanding of their services and how your background aligns with their needs, especially in contract negotiations and stakeholder communication.
Highlight Relevant Skills: In your application, emphasise your critical thinking, analytical skills, and proficiency in Microsoft Office Suite. Provide examples of how you've used these skills in previous roles to manage contracts effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that your writing is clear and professional. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Laboratory Corporation
✨Showcase Your Contract Management Experience
Be prepared to discuss your previous experience in contract management, especially within the pharmaceutical or CRO industry. Highlight specific projects you've worked on and the complexities you navigated.
✨Demonstrate Effective Communication Skills
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly. Share examples of how you've successfully communicated with internal teams and external clients in past roles.
✨Highlight Attention to Detail
Given the importance of accuracy in contract management, be ready to provide examples that showcase your attention to detail. Discuss how you ensure precision in your work and any tools or methods you use to maintain high standards.
✨Familiarise Yourself with Labcorp's Values
Research Labcorp's mission and values before the interview. Understanding their commitment to inclusion and employee development can help you align your answers with what they value in a candidate.