Senior Contract Analyst & Negotiator

Posted Yesterday
Be an Early Applicant
Chicago, IL
100K-181K Annually
Senior level
Healthtech • Insurance
The Role
Responsible for negotiating and executing contracts with suppliers, maintaining relationships with internal business partners, and mentoring junior analysts. Requires expertise in contract analysis and negotiations.
Summary Generated by Built In

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

The Senior Contracting Analyst and Negotiator position is responsible for working with the Procurement Contracting Managers and Senior Contracting Managers in the facilitation, negotiation completion and execution of agreements with suppliers and other service providers conducting business with HCSC. The Senior Contracting Analyst and Negotiator establishes and maintains positive relationships with HCSC internal business partners and other stakeholders, while facilitating the expeditious negotiation of contracts in the best interest of HCSC.

Required Job Qualifications:

  • Bachelor’s Degree, plus minimum of 7 years of experience drafting and negotiating contract documents, such as business arrangements and/or professional services and/or consulting services and/or outsourcing services and/or legal regulatory contracts and/or contracts for data sharing and/or contracts for software licenses, support, and maintenance and/or reviewing and drafting contract terms and conditions for master agreements (MSA) and sub-agreements, such as statements of work (SOW) or order forms.
  • Proven ability to work independently in a fast-paced environment.
  • Excellent interpersonal, writing and communication skills.
  • Highly organized team player with a strong attention to detail.
  • Ability to prioritize and manage multiple contract negotiations, while meeting project timelines.
  • Proven subject matter expertise and proven record of success in contract analysis and negotiations across multiple sourcing events.
  • Leadership skills to mentor junior Contracting Analysts and Negotiators.

Preferred Job Qualifications:

  • Law (Juris Doctor) degree; legal, contract management, or paralegal experience.
  • Experience reviewing and drafting terms and conditions (as a buyer or seller) for master agreements (MSA), sub-agreements, such as statements of work (SOW) and order forms, non-disclosure agreements, evaluation agreements, and contract addendums required by government regulations, as applicable (ex. high trust, minimum security).
  • Knowledge of the principles and practices of the purchasing process, contract administration, strategic sourcing, negotiation and purchasing systems.
  • Experience negotiating agreements in a health care industry setting.
  • Experience negotiating supplier agreements, which are subject to regulatory requirements.
  • Familiarity with HIPAA regulations, and data type designations, such as PII and PHI.
  • Experience facilitating negotiation of agreement terms and conditions relating to information security matters.
  • Experience using an automated contract management system.
  • Experience using an automated electronic signature system or tool.
  • Experience using Outlook, Microsoft Word, and other Microsoft applications.
  • Establish and promote strong collaborative relationships with internal business owners and other HCSC stakeholders.
  • Lead and facilitate internal discussions between Procurement category teams and internal business partners and HCSC stakeholders during contract negotiations, with a goal of issue resolution.

This role does require working in the office 3 days per week. We allow flexibility to work from home 2 days.

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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees.  Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$100,000.00 - $180,700.00

Top Skills

Microsoft Word
Outlook
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The Company
HQ: Chicago, IL
13,563 Employees
On-site Workplace

What We Do

Imagine Something New, Something Different.

Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), is the largest customer-owned health insurer in the nation and the fourth largest overall. Operating through our Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma and Texas (as well as a variety of affiliates and subsidiaries,) we are expanding access to high-quality, cost-effective health care. We are equipping members with information and tools so they can make the best health care decisions for themselves and their families.

HCSC is continuously recognized as an employer committed to community, diversity and inclusion, training and development.

HCSC is committed to pioneering the health care space in ways as effective as they are creative. If you are passionate about the impact you want to have through your work, with a desire to apply innovative thinking to new and emerging challenges, we encourage you to learn more about HCSC.

Learn about what we stand for, how we work and the difference we’re making in the lives of our 15 million members. Join HCSC and discover what new ways of thinking can mean for you, your community, our customers and our organization.



Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.

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