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Insmed is a global biopharmaceutical company on a mission to transform the lives of patients living with serious and rare diseases. Our most valuable resource is our employees, and everything we do is motivated by a patients-first mentality. We are dedicated to growing our team with talented individuals from around the world who are willing to challenge the status quo, solve problems, and work collaboratively with a sense of urgency and compassion.
Guided by our core values of collaboration, accountability, passion, respect, and integrity, we aim to foster an inclusive, diverse, and flexible work environment, where our employees are recognized for leaning in and rolling up their sleeves. If you share our vision and want to work with the most dedicated people in the biopharma industry, come to Insmed to accelerate your career.
Recognitions
Named Science’s Top Employer in 2021, 2022, and 2023
Insmed is dedicated to creating a collaborative environment where our team can thrive. Every day, our employees turn their passion for science and research into innovative solutions for patients. That’s why we were named the No. 1 company to work for in the biopharma industry in Science’s Top Employers Survey for two years in a row.
A Certified Great Place to Work
We believe our company is truly special, and our employees agree. In July 2023, we became Great Place to Work-certified in the U.S. for the third year in a row. We are also honored to have been listed on the Best Workplaces in Biopharma™, Best Workplaces in New York™, and Best Workplaces for Millennials™ lists.
Overview
This position will oversee the development, implementation, and management of business support and contract management activities within the Drug Safety and Pharmacovigilance (DSPV) department. The role ensures that all processes align with regulatory requirements and company policies, enhancing efficiency and compliance within the pharmacovigilance function. Responsibilities include the development, negotiation, and management of all DSPV-related contracts and business operations. The Associate Director will collaborate closely with internal stakeholders, external vendors, and strategic partners to support the overall DSPV strategy.
Responsibilities
Contract Management:
• Oversee the entire contract lifecycle, including development, review, negotiation, and changes.
• Manage contract renewals, amendments, and terminations with stakeholders.
• Document contract-related communications and decisions.
• Maintain an organized system for contract documentation, ensuring accessibility and compliance.
• Ensure contracts comply with global regulations and internal procedures.
• Monitor vendor performance and adherence to contract terms, establishing KPIs and conducting reviews.
Business Operations and Support:
• Oversee DSPV business operations, including budgeting, financial planning, and resource allocation.
• Monitor and report on operations performance, identifying improvements and ensuring cohesive management with internal stakeholders.
• Assess risks in DSPV contracts and operations to optimize processes and enhance efficiency.
• Act as the primary contact for DSPV-related business and contract issues, ensuring smooth communication and resolution.
• Collaborate with internal teams and external partners for cohesive contract and business management.
Budget Management and Financial Planning:
• Manage the DSPV department’s annual budget, aligning with strategic goals.
• Lead the development of financial forecasts and long-term plans.
• Monitor expenditures against the budget, providing updates and variance analyses to DSPV Leadership.
• Prepare financial models and scenario analyses, implementing cost-saving initiatives.
• Collaborate with finance and accounting teams for accurate financial reporting and resolving discrepancies.
• Provide recommendations based on financial analysis to support business planning.
Job Requirements
• Bachelor’s degree in pharmacy, nursing, another healthcare-related profession, or life sciences; an additional postgraduate degree such as an MBA is preferred.
• Minimum of 4-6 years in the pharmaceutical or biotechnology industry in Pharmacovigilance, and 4+ years in contract management.
• Proven experience in developing, negotiating, and managing complex PV service contracts, including Safety Data Exchange Agreements, PV Agreements, and PV Clauses.
• Proficient in financial management, including budgeting, cost control, and resource allocation to optimize operations and meet organizational goals.
• Comprehensive understanding of global pharmacovigilance regulations and guidelines (e.g., FDA, EMA, ICH, MHRA).
• Strong negotiation skills with a record of securing favorable terms and conditions.
• Excellent communication and collaboration skills for working with internal stakeholders, regulatory authorities, and external partners.
• Detail-oriented with strong organizational and time management abilities.
• Proficient in Microsoft Office (Word, Excel, PowerPoint).
• Ability to work independently, prioritize tasks effectively, and manage competing deadlines.
• Effective team player with sound decision-making skills within the scope of responsibility, seeking input when necessary.
• Consistently meets deadlines and prioritizes responsibilities, consulting management as needed.
Salary Range
Insmed takes into consideration a combination of candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required in the role, and external market and internal value when determining a salary level for potential new employees.
The base salary range for this job is from $147,000.00 to $206,333.00 per year
Compensation & Benefits
We’re committed to investing in every team member’s total well-being, now and in the future. We offer a competitive total-rewards package to all employees around the world, including:
• Flexible approach to where and how we work, regionally based
• Competitive compensation package including bonus
• Stock options and RSU awards
• Employee Stock Purchase Plan (ESPP)
• Flexible Vacation Policy
• Generous paid holiday schedule and winter break
Additional U.s. Benefits
• 401(k) plan with company match
• Medical, dental, and vision plans
• Company-provided Life and Accidental Death & Dismemberment (AD&D) insurance
• Company-provided short and long-term disability benefits
• Unique offerings of pet, legal, and supplemental life insurance
• Flexible spending accounts for medical and dependent care
• Accident and Hospital Indemnity insurance
• Employee Assistance Program (EAP)
• Mental Health on-line digital resource
• Well-being reimbursement
• Paid leave benefits for new parents
• Paid time off to volunteer
• On-site, no-cost fitness center at our U.S. headquarters
Additional Information
Insmed Incorporated is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
Unsolicited resumes from agencies should not be forwarded to Insmed. Insmed will not be responsible for any fees arising from the use of resumes through this source. Insmed will only pay a fee to agencies if a formal agreement between Insmed and the agency has been established. The Human Resources department is responsible for all recruitment activities; please contact us directly to be considered for a formal agreement.
Applications are accepted for 5 calendar days from the date posted or until the position is filled.
