Regulatory Compliance and Contracts Administrator, Virta Health
$94-108k
+ Equity
More information about location
Diabetes reversal treatment
Open for applications
Diabetes reversal treatment
501-1000 employees
Open for applications
$94-108k
+ Equity
More information about location
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- To be successful in this role, there is a strong preference for someone with a legal or compliance background in healthcare who has strong project management and organizational skills and a growth mindset
- Paralegal or other legal or compliance experience in healthcare or other highly regulated industry
- Great team player with strong interpersonal and organizational skills and excellent written and oral communication skills
- Document management and administrative experience. If you have a basic understanding of Ironclad Contract Lifecycle Management (CLM) and related tools, this will be highly desirable
- Proficiency in Google suite, particularly Google Sheets and Google Slides
- Ability to multitask and work across teams; this role manages a varied workload so the ability to balance business-as-usual tasks alongside project work is important
- Ability to drive work forward independently and with a high degree of accuracy
- Attention to detail; accuracy and precision are essential to be able to deliver quality results to our customers and stakeholders
- An appreciation for the importance of processes and requirements, regulatory and otherwise
- Bachelor’s degree
- Contract management experience
- Strong organizational skills
- Experience working in regulated industries (ideally healthcare)
- Ability to balance many projects at once and clearly communicate with team
- You put people first and take care of yourself, your peers, and our patients equally
- You have a strong sense of ownership and take initiative while empowering others to do the same
- You prioritize positive impact over busy work
- You have no ego and understand that everyone has something to bring to the table regardless of experience
- You appreciate transparency and promote trust and empowerment through open access of information
- You are evidence-based and prioritize data and science over seniority or dogma
- You take risks and rapidly iterate
What the job involves
- The Regulatory Compliance and Contracts Administrator position is a valuable role within Virta
- Reporting to the Compliance Officer, your work will be collaborative and cross-functional as you provide support to stakeholders, both internal and external
- This is an exciting opportunity to work within the field of Legal and Compliance
- Acting as first point of contact for all inbound legal and compliance queries, escalating matters as necessary to members of the legal team and tracking completion
- Commercial contract management within Ironclad CLM, including service agreements, NDAs, BAAs, and independent contractor agreements
- Working with the commercial team on RFIs/RFPs, vendor data security, and privacy questionnaires
- Managing recurring tasks that mitigate regulatory risk to the company
- Assisting Privacy and InfoSec on incident and breach investigations and reporting
- Support the preparation and submission of the Company’s public regulatory filings, including state registrations and annual reports, information gathering, reporting, and record-keeping
- Managing and collaborating on Virta’s risk assessment, hotline investigations and compliance audits
- Coordinating and responding to internal and external audit and data requests
- Support document retention and destruction policy and legal hold process
- Manage the Legal team internal website: upload new templates, training, forms, and guides and help create new content to support the legal support process and provide opportunities for self-service
- Maintain corporate records and minute books for Compliance Committee, Patient Events Committee and Board meetings; assist with drafting minutes
- Assist with maintaining corporate calendar and tracking regulatory deadlines and maintaining legal and compliance policies, including annual reviews/updates
Our take
Much of the care for type 2 diabetes has been based on control and prevention, rather than a direct reversal of the issue. Virta Health is changing that, providing patients with personalized treatment plans, virtual monitoring and patient care.
Instead of depending upon medication, which often needs to be increased over time, the company is tackling the problem at its root and taking a fundamentally different approach that is better for the patient, and more economical for insurers. Among enrolled patients in its clinical trial at one year, 60% achieved diabetes reversal.
While platforms like Vida Health also serve similar markets, the large number of prediabetic (88M) and diabetic (30M) Americans presents a significant opportunity for growth. Along with its significant funding round in 2021 fueling its efforts to expand the reach of its telehealth-powered diabetes reversal treatment. Positioning the company for widespread adoption and continued success in addressing this critical healthcare challenge.
Steph
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$133m
SERIES E
Dec 2020
$65m
SERIES D
Total funding: $373m
Company benefits
- Remote-first work environment with ability to work from home
- Flexible work hours & time off policy
- Virta pays 99% of all employee health insurance premiums, and 75% for all dependents
- Up to 16 weeks paid parental leave
- Enroll in the Virta treatment for free and give a discount to friends and family
- Internet, home office, learning & development stipends
- Employee Resource Groups like Parents of Virta, Ladies of Virta, and Virtans for DEI
- 401K and ROTH contribution opportunities
Company HQ
Civic Center, Denver, CO
Leadership
Sami Inkinen
(Co-Founder & CEO)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. Co-founder of online real estate marketplace Trulia, serving as its COO until its IPO and eventual sale to Zillow Group.
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