Contract Lead Analyst
1 month ago
Excited to grow your career?
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply
Our people make all the difference in our success.
Organization Summary:
Cigna Payer Solutions sells Cigna product solutions to health benefits "Payers" including Third Party Administrators (TPAs), Business Process Outsourcers (BPOs), and select health insurers.
Role Summary:
This role serves as an integral member of the Payer Solutions Contracting Administration Team and reports to the Payer Solutions Contract Advisor. The Contract Lead Analyst is responsible for leading the successful execution of day-to-day contract management projects and activities to support the segment's needs.
Responsibilities:
- Work closely with internal matrix partners (such as Product and Sales) and Senior Legal Counsel to create and manage contracts, amendments and other legal documents based on customized business needs. Develop draft language for legal approval. Complete contract and amendment documents that meet operational standards, accurately and in a timely manner. Ensure and lead the accurate implementation, administration, and approvals through matrix partners.
- Create and manage contract related data in
- Manage version control of contract templates.
- Management and optimization of the contracting library
- Manage contract related documents ensuring they are cataloged and stored accurately and timely.
- Lead special projects; create process enhancements/efficiencies, including potential additional capabilities; provide requirements and outline updates needed to support new products.
- Deliver and develop reports, to provide management and internal partners contract status and trends.
- Support and embrace new and enhanced products, processes, system changes, and corporate initiatives.
- Lead and report on assigned contract administration functions, from inputs through approvals. Keep internal partners informed of status and updates.
- Manage and outsource Contracting Team email inbox to assist with ad-hoc questions in a timely manner.
- Understand how contracts are organized and formulated and have full awareness of the important contractual concepts and terms and conditions in each type of contract.
- Interface with various internal matrix partners to understand key requirements and ensure contract terms comply with corporate directives, policies and procedures.
- Support Contract Advisor in overflow of complex contracts
Qualifications:
- Bachelor's degree desired.
- 3+ years contracting or similar experience. Specifically, developing redlines and negotiated contract language is a plus.
- Experience in insurance, healthcare, or third-party administration preferred.
- Detail oriented, organized and critical thinking skills are essential.
- Customer- centric and strong team player; able to thrive and collaborate in a matrix environment; experience collaborating with multiple matrix partners.
- Ability to work under pressure in a fast-paced, agile environment.
- Identify risks and issues and mitigate and/or escalate as needed.
- Excellent interpersonal verbal and written communication skills
- Self-motivated, driven, and able to work independently and manage multiple tasks and assignments simultaneously from end-to end.
- Solid computer skills and aptitude for learning new programs as needed (including Excel, Word, Adobe)
- Experience with or other CRM tool a plus; experience with DocuSign or other electronic signature tool a plus
- Minimal travel (
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