Sr. Contracts Manager

View full description

Requirements:

• 7+ years of relevant experience.
• Proven experience in contract administration, with a focus on both customer and vendor contracts.
• Knowledge of healthcare specific regulations and standards, with experience contracting with health plans or providers.
• Strong understanding of contract law, legal principles, CMS and healthcare regulatory requirements.
• Excellent negotiation, communication, and interpersonal skills.
• Detail-oriented with strong organizational and analytical abilities.
• Ability to work independently and collaboratively in a fast-paced environment.
• Demonstrated ability to manage multiple contracts and projects simultaneously.

Responsibilities:

• Draft, review, negotiate, process and manage both inbound and outbound contracts.
• Escalate any non-standard legal terms to counsel as appropriate.
• Provide issues summaries and recommended language to streamline contract review and approval by senior management.
• Identify and mitigate potential risks associated with contractual agreements.
• Provide guidance and best practices on contractual terms to ensure the company’s interests are protected.
• Work with deal desk to standardize all MSA, and SOW templates.
• Ensure timely and detailed contract reviews, working with customer and procurement teams to mitigate unnecessary turns.
• Work closely with security and compliance team, ensuring all contracts comply with company policies, legal requirements, insurance and risk coverage and industry regulations.
• Maintain organized records of all executed contracts, amendments, and related documentation.
• Select, configure and oversee the rollout of a contract management system (CMS) to streamline and automate the company’s contract lifecycle
• Maintain all key terms in centralized data base (overview, financial terms, renewal dates, etc).
• Work closely with Legal, Finance, Sales Operations and Human Resources to eliminate redundant work and ensure all stakeholder needs are addressed.
• Monitor compliance with contractual terms and conditions.
• Prepare regular reports on contract status, performance metrics, and key contractual milestones.
• Respond to customer compliance related requests.