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The job profile for this position is Contract Advisor, which is a Band 4 Senior Contributor Career Track Role.
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The Cigna Payer Solutions Contracting Advisor is responsible for drafting and preparation of non-standard and standard client contracts, managing redlines and facilitating negotiations, requiring a higher degree of independence and skill. The role also serves as primary Contracting Team representation on assignments with the Business, Legal, Finance, Business Subject Matter Experts, external clients, or other third parties, as applicable. The role will help drive department quality improvement efforts and measures aimed at improving the overall contracting process quality, efficiency and internal/external client satisfaction.
The role will also have one direct report, the contracting analyst role.
Responsibilities:
• This role works closely with internal matrix partners and Senior Legal Counsel to successfully plan, draft, prepare and execute contracting assignments and special projects.
• Understand Client/Payer contracting arrangements, capture input from key stakeholders, assess impacts to existing agreements when applicable, and develop recommended contractual language, securing all necessary parties’ approvals.
• Participate in internal and client contract strategy and negotiation calls; capture meeting notes and proposed contract changes/redlines; draft new language, maintain separate internal and client versions as needed. Follow-up with internal partners to ensure alignment with negotiated contract terms.
• Write contract letters, other necessary communications and notices.
• Act as Contracting team lead on assigned internal initiatives.
• Partner and lead Contract Admin Team members to review and/or propose contract language changes for Senior Legal Counsel approval.
• Help update and maintain agreement templates. Obtain internal approvals on template updates as needed.
• Ensure that agreements meet operational standards, accurately and on time.
• Follow the Contracting Team’s processes, including the archiving and dissemination of executed agreements.
• Support quality efforts by analyzing and recommending process improvements to improve overall contracting process quality, efficiency and internal/external client satisfaction. In addition, the role will support the education and training of contracting team members.
• When needed, support additional Contracting team responsibilities such as employer agreements, quality checks of work in progress, ad hoc projects, and other items.
• Manage and maintain the contracting library.
• Prioritize and balance the workload.
• This position will also manage a direct report. The contracting analyst role. This includes oversight of day-to-day work and planning.
Ideal candidate will offer:
• Bachelor’s degree preferred.
• Minimum of 8 years of relevant experience including at least 5 years drafting contractual language.
• Experience in health insurance, healthcare, or third-party administration preferred.
• Ability to adapt to a dynamic work environment, quickly grasp new concepts, solve problems and make decisions.
• Ability to work cross-functionally to mediate and resolve complex contract issues and negotiate solutions. Ability to work with internal and external partners at all levels of management.
• Strong organizational skills, including ability to manage timelines and balance multiple deadlines.
• Strong focus on customer service.
• Detail oriented, organized and critical thinking skills are essential.
• Experience with Salesforce.com and/or DocuSign a plus.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
For this position, we anticipate offering an annual salary of 85,900 – 143,100 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.
