Vendor Contract Manager

At Blue Cross and Blue Shield of Nebraska, we are a mission-driven organization dedicated to championing the health and well-being of our members and the communities we serve.

Our team is the power behind that promise. And, as the industry rapidly evolves and we seek ways to optimize business processes and customer experiences, thereâ??s no greater time for forward-thinking professionals like you to join us in delivering on it!

As a member of Team Blue, youâ??ll find purpose, opportunities and the support you need to build a meaningful career and make a powerful impact in our community.

The Vendor Contract Manager is an expert in third-party vendor contracts and is responsible for new contracts, contract renewals and contract terminations. In this role you will be responsible for contract creation, negotiation, and analysis to ensure adherence to third party policy and procedure. You will work in a dynamic environment where you will be expected to build strong internal & external business relationships, provide expertise to & identify and deliver optimal solutions.

What you'll do:

• Prepare simple to complex agreements based upon legal contracting standards and unique deal terms or requests. Review vendor redlines/ comments/ issues and suggesting alternative language/ responses. Negotiate contract terms as necessary directly with the vendor.
• Provide consultation with business stakeholders to identify and deliver optimal business solutions. Conduct analysis of vendor contracts and identify inconsistencies with contract standards, business goals and company initiatives. May include written executive summary of vendor contracts.
• Utilize a contract management system to update and maintain all vendor contracts; Adhere to the contract management system workflow processes.
• Accurately administer vendor contract termination templates, letters, notifications, certificates, etc. Coordinating follow-ups and manage the return, completion or any exceptions requiring additional reviews for certificates of destruction which apply to PHI and PII.
• Create and maintain contract templates.
• Assist in the development and executive of the vendor management roadmap.
• Update, maintain and support compliance and process policies.

To be considered for this position, you must have:

• Bachelor's Degree in Business Administration, Contract Law, Legal, Compliance, Supply Chain, or related field.
• Minimum 5 years related work experience in legal, contract law, contact compliance, governance, sourcing, or procurement with specific experience reading, interpreting, understanding, and drafting contract language.
• Ability to conduct needs analysis, understand strategic business initiatives, define requirements, recommend solutions, and influence decisions.
• Strong negotiation skills.
• Prior vendor management/3rd party experience, including application of risk assessment, procurement contracting provisions and contracting processes and how to leverage optimal outcomes with long-term best value results.
• 5 to 7 yearsâ?? experience with contract administration and negotiation including interpretation of contract provisions. Expertise in utilization of vendor contract management software.
• Juris Doctor and seven years of progressive experience working in a law firm, legal department of a corporation, or in a capacity requiring delivering legal services to clients, preferred.

The strongest candidates for this position will also possess:

• Preferred experience in health insurance.

Learn more about what makes BCBSNE such an exceptional place to work by visiting NebraskaBlue.com/Careers.

We strongly believe that diversity of experience, perspective and background will lead to a better workplace for our employees and a better product for our customers and members.

Blue Cross and Blue Shield of Nebraska is an Equal Opportunity /Affirmative Action Employer - Minorities/Females/Disabled/Veterans