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Manager, Pricing and Contracts

Manager, Contracts and Pricing, will be responsible for establishing relationships and work with both internal (Sales AVPs, Directors of Corporate Accounts, Marketing Product Managers, Sales Operations, Finance and Customer Service team members) and external (decision makers, persons of authority, and/ or facility administrators representing GPOs, IDNs, facilities in addition to sales distributors) to support the development and implementation of provider agreements and pricing. This individual is responsible for supervising the Contracts and Pricing team, training and development of the team, provide contract and pricing guidance, and ensure contract compliance with all applicable Company policies and regulatory authorities.

Essential Duties and Responsibilities

· Provides leadership, direction, and training for all members of the Pricing & Contracts Team.

· Supervises Contracts and Pricing team, including hiring, training and development, performance

evaluations and promotion recommendation; in conjunction with Contracts and Pricing personnel

will prepare annual goals aligned with the Company’s strategic initiatives and will monitor and

assist personnel in meeting individual goals.

· Assists Director, Sales Operations with procedures, process improvements and other related

tasks.

· Develops, implements, and administers processes, procedures, and pricing policy.

· Proposes and lead process improvement and re-engineering projects to increase productivity,

efficiency, and accuracy.

· Performs contract management and collaborates with Corporate Accounts, Sales and Legal

teams to oversee all aspect of contract and pricing development from initial RFP and receipt of a

pricing request, contract and pricing execution and implementation (pricing set up, communication

to the field, managing pricing discrepancies, overseeing and ensure accurate admin fee and

rebate calculation and payment) and reporting of contract performance.

· Provides analytics and recommendations to support contract and pricing strategic planning,

provides rationale for pricing approvals and recommended course of action to ensure

maximization of profitability.

· Prepares pricing analysis including margin analysis and impact analysis to summarize contract

and/or pricing value and ensures appropriate review and approvals as required by standard

operating procedures and SOX as well as oversight for all aspects of contract maintenance to

assure all pricing is formally approved and accurately established in the ERP system and provided to the field.

· Collaborates with Contracts and Pricing Management team, Director, Sales Operations, Sr.

Director, Corporate Accounts, VP Sales and Marketing to establish/update processes to manage

price approval tiers, price volume commitments, value analysis committee submissions, pricing

optimization strategies and compliance to contractual terms.

· Collaborates with Sr. Director, Corporate Accounts and Sales VPs to track growth opportunities

including vendor consolidation execution and reporting for hospital and surgeon conversion

campaigns and initiatives.

· Provides analysis of product usage, ASPs and works closely with Marketing to maintain a current

and accurate Price List.

· Works with cross functional teams and leaders in the organization to develop, implement and

administer processes, procedure and policies to increase overall productivity, efficiency and

accuracy for new product launches and pricing initiatives.

· Interacts and collaborates with Finance and Accounting to ensure proper billing, commission

reductions, credit memos, and admin fee and rebate accruals as well as providing audit support.

· Performs other duties as assigned

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

· Excellent written and verbal communication skills required, with the ability to effectively communicate with peers, technical staff, management, and external customers

· Strong leadership and management skills

· Advanced level knowledge of Microsoft Office, in particular Excel

· Strong mathematical, analytical, and reasoning skills as well as the ability to create and

communicate complex business models and innovative solutions

· Highly motivated with strong organizational and multi-tasking skills; ability to prioritize, and

manage tight deadlines

· Ability to work well within and across all departments

· Results oriented with a focus on execution and timely management of numerous contracts in

various stages of processing

· Detail-oriented with experience in contracts administration, preferably in the medical device

industry

· Must be able to work in a fast-paced environment

Education and Experience
Requires a BA or BS with at least 5 years of experience in contract and pricing; preferably in medical device industry.

For roles based in the United States that require access to hospital facilities, must be eligible for and maintain credentials at all required hospitals, including meeting any applicable physical requirements or vaccination requirements (including the COVID-19 vaccine, as applicable).

ATEC is committed to providing equal employment opportunities to its employees and applicants without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender expression, or any other protected status in accordance with all applicable federal, state or local laws. Further, ATEC will make reasonable accommodations that are necessary to comply with disability discrimination laws.

Salary Range

Alphatec Spine, Inc. complies with state and federal wage and hour laws and compensation depends upon candidate’s qualifications, education, skill set, years of experience, and internal equity. $120,000 to $140,000 Full-Time Annual Salary/Hourly Range

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Free Food & Snacks
  • Wellness Resources
  • Stock Option Plan


Average salary estimate

$130000 / YEARLY (est.)
min
max
$120000K
$140000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Manager, Pricing and Contracts, Alphatec Spine

Are you ready to step into a pivotal role as the Manager of Pricing and Contracts with Alphatec Spine, Inc.? In this dynamic position, you will be the go-to person for fostering strong relationships with both internal teams – think Sales AVPs, Directors of Corporate Accounts, Marketing Product Managers, and more – and external stakeholders like GPOs and facility administrators. This is not just a desk job; you'll be leading and supervising the Contracts and Pricing team, ensuring they're equipped through effective training and development. You’ll provide essential contract and pricing guidance, overseeing compliance with company policies and regulatory standards. Your leadership will be instrumental in guiding your team as you implement and refine processes that increase productivity and accuracy. You’ll collaborate closely with different departments, from Sales Operations to Finance, to handle contract management throughout its lifecycle – from the initial RFP to execution and analysis of contract performance. With your strong analytical skills, you'll prepare pricing analyses and recommendations that drive strategic planning, ultimately maximizing profitability for the company. If you have a background in contract administration, preferably in the medical device industry, and possess robust leadership and organizational skills, this might just be the opportunity you’re looking for!

Frequently Asked Questions (FAQs) for Manager, Pricing and Contracts Role at Alphatec Spine
What are the main responsibilities of the Manager, Pricing and Contracts at Alphatec Spine, Inc.?

As the Manager of Pricing and Contracts at Alphatec Spine, Inc., your key responsibilities will include leading and supervising the Contracts and Pricing team, overseeing contract management from initial request to execution, and implementing pricing strategies that align with company goals. Your role will require collaboration with various departments to ensure compliance with policies and effective execution of pricing strategies.

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What qualifications are needed for the Manager, Pricing and Contracts position at Alphatec Spine, Inc.?

To qualify for the Manager, Pricing and Contracts role at Alphatec Spine, Inc., candidates should have a BA or BS degree coupled with at least 5 years of experience in contract and pricing management, preferably in the medical device industry. Strong leadership, analytical, and communication skills are essential, alongside advanced proficiency in Microsoft Office, especially Excel.

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How does the Manager, Pricing and Contracts contribute to Alphatec Spine, Inc.'s profitability?

The Manager, Pricing and Contracts plays a crucial role in Alphatec Spine, Inc.'s profitability by conducting pricing analysis, developing pricing strategies, and ensuring contract compliance. By collaborating with sales and marketing teams to track growth opportunities and optimize pricing models, you will directly influence the company's financial performance.

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What does the training and development aspect look like for the Manager, Pricing and Contracts role at Alphatec Spine, Inc.?

In the Manager, Pricing and Contracts role at Alphatec Spine, Inc., you will provide extensive training and development opportunities for your team. This includes designing development plans, setting annual goals aligned with company strategies, and regularly monitoring progress to ensure your team enhances their skills and effectively meets targets.

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What is the salary range for the Manager, Pricing and Contracts position at Alphatec Spine, Inc.?

The salary range for the Manager, Pricing and Contracts role at Alphatec Spine, Inc. is between $120,000 to $140,000 annually. Additional benefits include health care plans, retirement plans, paid time off, and various wellness initiatives, all designed to support the work-life balance and wellbeing of the employees.

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Common Interview Questions for Manager, Pricing and Contracts
Can you describe your experience with contract management?

When answering this question, highlight your previous roles and specific experiences managing contracts. Discuss how you approached contract negotiations, management, and compliance while providing examples of challenges faced and solutions implemented.

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How do you ensure compliance with pricing policies?

Your response should focus on your strategies for monitoring and implementing compliance measures, such as regular audits, team training on regulations, and collaboration with legal teams to ensure all pricing adheres to applicable standards.

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What tools or software do you use for pricing analysis?

Mention any specific software and tools you have experience with that are relevant to pricing analysis, such as Excel, ERP systems, or data analysis software. Highlight how these tools enhance your analytical capabilities and decision-making processes.

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Describe a time you improved a process related to pricing or contracts?

Share a specific example demonstrating your proactive approach to identifying inefficiencies in processes. Highlight the steps you took, the rationale behind the changes, and the outcomes that positively impacted your team or the company.

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How do you handle disagreements with stakeholders regarding pricing?

Focus on your conflict resolution skills. Discuss your approach, such as listening to stakeholders, finding common ground, and leveraging data and analysis to support your position while maintaining relationships.

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What methods do you use to evaluate the impact of pricing changes?

Discuss the analytical techniques and metrics you utilize to assess the effectiveness of pricing changes, such as margin analysis, sales performance tracking, and market analysis.

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Tell me about your leadership style in managing a team?

Describe your leadership style, emphasizing how you motivate, support, and mentor your team members. Include specific examples of team success under your guidance and any feedback you’ve received.

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How do you prioritize multiple contracts during peak periods?

Explain your organizational skills and methodology in prioritizing tasks, such as using project management tools and frameworks to ensure timely and effective processing of contracts.

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What do you see as the biggest challenge in pricing strategy today?

Your answer should reflect your awareness of current market trends and challenges in pricing, backed by examples of how you have addressed similar challenges in your previous roles.

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Why do you want to work at Alphatec Spine, Inc.?

This is your chance to showcase your passion for the industry and the company. Mention specific reasons reflecting your alignment with the company’s values, innovation in spinal technologies, and your eagerness to contribute to their mission.

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Full-time, on-site
DATE POSTED
March 27, 2025

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