Contracting Manager - Evernorth Payer Solutions - Hybrid

Evernorth Payer Solutions is a wholesaler of various Cigna and Evernorth solutions to health benefits "payers" including Health Plans, Third Party Administrators (TPAs), as well as business process outsourcers (BPOs) and select individual and small group insurers.

Products offered include medical network, medical management, LifeSOURCE transplant network, pharmacy, Out-of-Network Savings Program, dental, Embarc Benefit Protection and a host of other products.

Payer Solutions is a fast-growing segment, providing various solutions to TPA and Healthplan clients and serves more than 12 million customers.

The Cigna Payer Solutions Contracting Manager is responsible for leading and managing the Payer Solutions Contract Department.

The role will have two direct reports, the contracting advisor and contracting lead analyst.

The role is responsible for drafting and preparing non-standard and standard client contracts, managing red lines 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.

This role will help drive department quality improvement efforts and measures aimed at improving the overall contracting process quality, efficiency and internal/external client satisfaction.

Responsibilities:


* Manage and lead the contracting department which includes two direct reports.

The contracting advisor and contracting lead analyst


* Oversight of day-to-day work and planning


* Prioritize and balance the workload.

Intake of requests for team distribution and capacity management.


* 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 ar...