At a Glance
- Tasks: Join our team to negotiate clinical study agreements and manage contracts for exciting clinical trials.
- Company: Medpace is a leading clinical contract research organisation dedicated to advancing medical therapeutics globally.
- Benefits: Enjoy flexible work, competitive pay, generous PTO, and wellness initiatives.
- Why this job: Make a real impact on patients' lives while growing your career in a supportive environment.
- Qualifications: A Bachelor's degree in Business, Management, Life Science, or Law is required; experience preferred but not essential.
- Other info: No travel required; applications must be submitted in English.
The predicted salary is between 28800 - 48000 £ per year.
Our clinical operations activities are growing rapidly, and we are currently seeking a full-time, office-based Contract Specialist to join our Clinical Operations team in London. This position plays a key role in the study start-up and clinical trial management processes at Medpace. The Site Contract Specialist will advance the start-up of our projects. If you want an exciting career where you use your previous expertise and can develop and grow your career even further, then this is the opportunity for you.
Responsibilities
- Oversees negotiations of clinical study agreements (CSA´s) on a study level and drives CSA document finalization and execution, including contractual language & terms, financial attachments, and investigator grant budgets in collaboration with a global team of site contract & budget negotiators.
- Acts as first-line subject matter expert for all such CSA elements on assigned studies for internal stakeholders.
- Advises stakeholders on issue resolution within the context of assigned studies.
- Plans contract execution strategy for assigned studies, including forecast of site-specific contractual execution timelines with as much accuracy as possible and coordinates with internal study team stakeholders to ensure that CTA strategy is aligned with overall study start-up plans and expectations.
- Works closely with internal stakeholders to prepare site contractual templates, including payment terms, in order to drive successful negotiation of contracts and budgets.
- Maintains document status reports, and updates department tools/systems and team members on a regular basis; collaborates with internal legal, finance and clinical operations departments, including communicating and explaining legal and budgetary issues.
- Manages site level discussions with internal team stakeholders around fair market value of investigator budgets and payment terms within corporate and industry standards during negotiation with sites.
Qualifications
- Bachelor's degree in Business Administration, Management, Life science or Law.
- Relevant work experience within the industry or similar preferred but not necessary.
- Prior contract negotiation experience preferred.
- Strong attention to detail and excellent communication skills.
- Travel: None.
We kindly ask to submit applications in English. We would appreciate if you could indicate the status of your work permit if needed.
Medpace Overview
Medpace is a full-service clinical contract research organization (CRO). We provide Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries. Our mission is to accelerate the global development of safe and effective medical therapeutics through its scientific and disciplined approach. We leverage local regulatory and therapeutic expertise across all major areas including oncology, cardiology, metabolic disease, endocrinology, central nervous system, anti-viral and anti-infective. Headquartered in Cincinnati, Ohio, employing more than 5,000 people across 40 countries.
Why Medpace?
People. Purpose. Passion. Make a Difference Tomorrow. Join Us Today. The work we’ve done over the past 30 years has positively impacted the lives of countless patients and families who face hundreds of diseases across all key therapeutic areas. The work we do today will improve the lives of people living with illness and disease in the future.
Medpace Perks
- Flexible work environment
- Competitive compensation and benefits package
- Competitive PTO packages
- Structured career paths with opportunities for professional growth
- Company-sponsored employee appreciation events
- Employee health and wellness initiatives
Awards
Recognized by Forbes as one of America's Most Successful Midsize Companies in 2021, 2022, 2023 and 2024. Continually recognized with CRO Leadership Awards from Life Science Leader magazine based on expertise, quality, capabilities, reliability, and compatibility.
What to Expect Next
A Medpace team member will review your qualifications and, if interested, you will be contacted with details for next steps.
EO/AA Employer M/F/Disability/Vets
Entry/Senior Contract Specialist employer: Medpace
Contact Detail:
Medpace Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Entry/Senior Contract Specialist
✨Tip Number 1
Familiarise yourself with clinical study agreements (CSAs) and the negotiation process. Understanding the key elements of CSAs will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the role.
✨Tip Number 2
Network with professionals in the clinical operations field, especially those who have experience as Contract Specialists. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Research Medpace’s mission and values thoroughly. Being able to articulate how your personal values align with theirs can set you apart from other candidates and show your genuine interest in the company.
✨Tip Number 4
Prepare for potential scenario-based questions that may arise during the interview. Think about how you would handle specific challenges related to contract negotiations and stakeholder management, as these are crucial aspects of the role.
We think you need these skills to ace Entry/Senior Contract Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Contract Specialist at Medpace. Familiarise yourself with clinical study agreements and the negotiation process, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in contract negotiation or clinical operations. Even if your experience isn't directly related, showcase transferable skills that demonstrate your attention to detail and communication abilities.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your passion for the role and the company. Mention why you want to work at Medpace and how you can contribute to their mission.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial for this role. A polished application reflects your professionalism.
How to prepare for a job interview at Medpace
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Contract Specialist. Familiarise yourself with clinical study agreements (CSAs) and the negotiation process, as this will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Communication Skills
Since the role requires excellent communication skills, prepare to discuss examples from your past experiences where you effectively communicated complex information. This could be during negotiations or when advising stakeholders.
✨Highlight Attention to Detail
Attention to detail is crucial in contract management. Be ready to provide specific examples of how you've ensured accuracy in your previous work, whether it was in drafting documents or managing budgets.
✨Prepare Questions for the Interviewers
Demonstrate your interest in the role by preparing thoughtful questions about the company's culture, the team you'll be working with, and the specific challenges they face in contract negotiations. This shows that you're proactive and engaged.