Procurement Contract Manager, Remote

Please note this is an E36 internal opening. 

Job Summary:
We are seeking a highly skilled and experienced Contract Manager to serve as a strategic liaison between our Procurement and Legal teams. As a key member of our team, you will drive the development, negotiations, and management of our Master Service Agreements that align with our strategic business objectives, to mitigate risk, establish favorable terms & conditions with key vendors, and ensure compliance with regulatory requirements. Your expertise in contract law, health payer regulations, procurement policies and regulations, and negotiations will be instrumental in fostering collaborative relationships with internal stakeholders and external vendors.

Essential Functions:
 

• Lead Contract Review and Negotiations:
  Conduct thorough reviews of contracts, addenda, amendments, and other procurement documents to ensure alignment with company standards, regulatory requirements, and business objectives. Negotiate contract terms and conditions with suppliers, leveraging expertise in contract law and procurement regulations.
  Provide expert guidance to Sourcing teams in drafting Master Service Agreements (MSA) and Statements of Work (SOW), ordering documents, and other contracts requiring legal input or review, ensuring all documents are accurate, complete, and aligned with company objectives.
  Facilitate initial negotiations between GuideWell and suppliers on contract Terms & Conditions, ensuring that company interests are protected and that agreements are fair and reasonable. Draft, edit, and negotiate master service agreements.
• Foster Cross-Functional Collaboration:
  Serve as the primary point of contact between Procurement and Legal teams, facilitating open communication and ensuring seamless collaboration to drive business outcomes. 
  Provide guidance to Sourcing teams on contracting strategy, contract development, and negotiation. 
• Risk Mitigation, Compliance & Risk Management:
  Identify and mitigate potential legal or regulatory risks in procurement transactions, ensuring compliance with state and federal regulations. Stay current on changes in procurement-related laws and regulatory environments, providing expert advice to internal stakeholders.
  Synchronize with both Legal and GuideWell’s Government & Legislative Affairs to obtain legislation information that impacts procurement processes and work with the appropriate procurement team to operationalize.
• Training:
  Develop and deliver training programs for the procurement team on regulatory considerations, contract negotiations, and procurement policies.
• Dispute Resolution and Issue Management:
  Support resolution of contractual disputes with vendors, working closely with internal stakeholders, legal, and suppliers to ensure timely resolution.
• Key Performance Indicators:
  Monitor timeliness and quality of contract reviews and analysis, effectiveness of negotiation and optimization efforts, and compliance with company policies, procedures, and regulatory requirements.
  
   

Required Experience:
6+ years related work experience. Experience Details: Experience in procurement, contract management, or a legal-related role. Successful redlining contract experience in moderate-to-high complexity contracts related to (may include but not limited to): Technology related Professional Services, Business Process Outsourcing (BPO), Health Servies.
Related Bachelor’s degree or additional related equivalent work experience 

Strong understanding of procurement regulations, contract law, and negotiation principles 
Excellent analytical, negotiation, and communication skills 
Ability to work effectively in a fast-paced environment and manage multiple tasks and deadlines 
Solid contract drafting and terminology knowledge that includes understanding of subtleties of contract language, risk based language, contracting traps and pitfalls to avoid, document management and control, and legal acuity necessary to successfully negotiate mid-complexity contracts 
Excellent written and verbal communications skills with the ability to communicate effectively within an organization and diverse audiences 
Works effectively in a fast-paced environment, prioritizing multiple tasks and deadlines while maintaining strong interpersonal relationships across stakeholder groups 
Proficient in contract management software, procurement tools, and office suite software (Outlook, Word, Excel) 
Supports continuous improvement of contracting processes, templates and documentation standards 
Performs duties as assigned

Preferred Qualifications: