Contract Analyst Job Description template and pdf with duties [2024]

Job summary 1

We have a Contract Analyst opportunity on our team. This position provides advanced, complex technical services and administrative support for the company’s underwriters. Duties are performed in accordance with specific instructions and established work procedures. Work contributes to team goals as set forth by management. Based on advanced knowledge and experience, may act as a resource for underwriters and other associates.

Duties & Responsibilities 1

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Demonstrates a strong working knowledge of policy processing and work tracking systems and procedures in order to draft and endorse insurance policies and other policy-related forms.
Following underwriting instructions and authority guidelines, effectively uses policy writing and workflow management systems to process policy transactions. Utilizes on-line resources to facilitate transaction processing, such as endorsements. Manages processing of transactions to meet or exceed business unit service standards.
Works in conjunction with underwriters or producers regarding policy issuance systems, methods, procedures, and status of transactions in a prompt and accurate manner.
Utilizes advanced insurance knowledge and technical skills to analyze complex applications and translates the information as required by system to produce policy contracts. May handle accounts complex in nature with high visibility and high premium level.
Responsible for high level of familiarity with specialty class of business, assigned territory and accounts.
- Takes initiative for learning and understanding insurance coverages. Takes initiative to acquire additional insurance knowledge by enrolling in industry related courses and programs.
- Assists in the development of new processes, procedures and/or systems as required.
- Trains and acts as a resource and mentor for other associates.

Requirements & Skills 1

Must have the ability to communicate effectively and professionally with all levels of company personnel and internal/external customers. Exhibits a high level of technical competence, initiative, and good judgment. Time management, flexibility to change, and focus for a long period of time is required. Proven track record of high quality performance. Strong customer service and analytical skills are essential.
Demonstrated proficiency with copier, facsimile, phone, internet and computer software including Microsoft Office suite and other data entry applications.
Associates degree preferred, with 3+ years of underwriting support or related insurance experience.

Job summary 2

The Contract Analyst provides support for procurement, contract development, and purchasing of out-going third-party goods and services. In collaboration with the Office of Research Administration and Agreements (ORAA) Team, a unit of Office of Chief Legal Counsel (OCLC), the Contract Analyst has responsibility for the implementation of processes, systems, and procedures related to contract administration for Institute’s public health intervention (non-clinical) portfolio. The Contract Analyst independently manages business processes through administrative and financial systems (including PeopleSoft) and the ORAA systems (including Salesforce) for commercial agreements, consultant agreements, subawards, subcontracts, awards and non-monetary agreements (including non-disclosure agreements, memorandum of understanding). The Contract Analyst coordinates inter-/intra-departmental contract flow-down and regulatory compliance and ensures appropriate levels of negotiation and compliance with all post-award agreements.

Duties & Responsibilities 2

Reviews agreement packages and related back-up documentation; interfaces with programs to ensure clarity and completeness of all required documents.
Uses standard agreement templates, forms, and tools, maintains contracts team files, and makes updates to contracts team files as requested by a Manager and/or Director.
Participates in agreement negotiations with outside parties with escalation to a Manager and/or Director.
- Tracks the status of agreement packages from request through issuance in coordination with the assigned G&C administrative team member.
- Assists Senior Contract Administrators, Managers and Directors with roll-out of subrecipient monitoring activities, in particular conducting compliance reviews of subcontractor and subrecipient invoice documentation.
- Contributes to annual subrecipient monitoring procedures by securing documentation (including updated audit reports) and preparing content for internal review in compliance with federal regulations. Assists with distributing letters to outside parties, tracking responses in our database, and conducting follow-up as needed.

Requirements & Skills 2

Bachelor’s degree or additional 4 years of relevant experience
Knowledge of federal rules, regulations and other compliance requirements.
Ability to write and interpret contracts and agreements and related terminology.
Comprehensive knowledge of Microsoft office applications (Word, Excel, PowerPoint and Outlook).
Strong written, verbal and interpersonal communication skills. Ability to manage relationships with broad and diverse constituencies.
- Excellent customer support orientation.
- Ability to use independent judgment and strategic thinking skills in solving problems.
- Demonstrated administrative abilities including strong attention to detail and organization.

Job summary 3

The Contract Analyst will ensure all contracts are executed both on the vendor and client side in a timely and accurate manner. The hire will also perform key quality reviews to reduce risk working in conjunction with other teams.

Duties & Responsibilities 3

Requirements & Skills 3

Job summary 4

Under the guidance of the Senior Contract Analyst, the Contract Analyst is responsible for maintaining an effective contract process. Guides users and documents through the contract process, reviewing details and internal routing forms, accurately notating pertinent data to store in library. Uploads documents and communicates the final status of contracts to collaborating departments. The Contract Analyst assists in the preparation and revision of various other contract documents. Responsible for day-to-day contract operations in the absence of the Senior Contract Analyst. The Contract Analyst assists in retrieving the organization’s various licenses, certifications and other vital documents, storing documents in the repository with a reminder system to ensure centralization of the documents’ location, providing timely information for renewals. This position serves as an Intake Resource for compliance concerns, preparing reports as appropriate for submission to others, pursuant to chain of command.

Duties & Responsibilities 4

Facilitates the contract management and approval process from pre-contract through post-signature phases.
Monitors status and facilitates progression and completion of contracts in review process, to include tracking and communicating document status
Actively provides or facilitates accurate record keeping and change management of business and provider contracts (physicians, nurse practitioners, physician assistant, etc.)
Ensures accurate and timely data entry of contract specifications and terms into database
Assists in the development and maintenance of processes that support critical contract events (e.g., renewals, termination and due dates) to include related document preparation and routing
Responsible for the retrieval of the organization’s various licenses and certifications for storage in the library repository to centralize their location and set up a timely reminder system for renewals.
- Maintains electronic folder of contract templates with up-to-date version control
- Assists in ensuring the language and terms of various contract templates and internal forms are kept current
- Assists in developing and maintaining periodic, e.g., weekly, monthly & quarterly reports on the status of business and provider contracts

Requirements & Skills 4

Job summary 5

The Contract Analyst is responsible for the creation regulatory filing and production Medi-Cal and Commercial of employer and member documentation, including group service agreement, evidence of coverage, handbooks and disclosure forms.

Duties & Responsibilities 5

Directly supports the creation of regulatory filings for Medi-Cal and Commercial products.
Creates, compiles and releases all necessary documents for assigned employer groups.
Audits and confirms that documents are in accordance with applicable benefit, product and construction parameters, and in accordance with specific group requirements.
Develops and maintains contractual and benefit text related to specific group requests.
Analyzes and interprets contractual, legal, regulatory and legislative provisions for various internal and external customers. Develops alternative approaches when appropriate.
Interacts and consults with employer group representatives; negotiates contractual and benefit provisions directly with such representatives.
- Leads or participates in various, complex projects related to product development and maintenance, non-standard group benefit setup, and Evidence of Coverage and Summary of Benefits text as directed.
- Develops or follows through on project plans for all major assignments as directed.
- Directly supports the Senior Analyst position, as assigned, in the development of text and templates, performing research and reviewing benefit information, in relation to projects.

Requirements & Skills 5

Bachelor’s Degree or higher in Health Administration, Business Administration or related field preferred
Three to five years experience in contractual drafting and negotiation, preferably in a group health environment

Job summary 6

We have a unique career opportunity for a Contract Analyst that has experience and skills in the areas of reviewing and negotiating contracts for firms in the professional services industry. This position will work with the Risk Management Team to identify and minimize company risk and/or liability.

Duties & Responsibilities 6

Review, revise and negotiate professional services contracts and other project-related documentation to identify and minimize company risk or liability
Identify, analyze and summarize contract issues or key points to ensure compliance with company policy, laws and regulations
Generate amendment proposals
Manage subcontracts, including client flow-down requirements and verification that subcontractors meet or exceed insurance requirements of company and client
- Effectively communicate with internal and external clients to negotiate contract terms and conditions.
- Track and report status of contract negotiations
- Manage and obtain certificates of insurance as it relates to client contracts, subcontracts, leases, licenses, and equipment rentals

Requirements & Skills 6

Bachelor's degree
Minimum of 5 years of experience reviewing and revising contracts
Experience in engineering, architecture or construction industry
Strong verbal and written communication skills
Intermediate knowledge of Microsoft Word, Excel and Outlook
Ability to organize, manage and coordinate multiple, concurrent tasks
- Knowledge of design-build and P3 Contracts
- Strong analytical and critical thinking skills
- Ability to manage confidential information

Job summary 7

The Contract Analyst provides input and assistance on projects and reports related to healthcare purchased services. They work with Company member hospitals and healthcare organizations to assess outsourcing service needs, review existing contracts, assist with appropriate vendor selection and develop and analyze request for proposals. This position is a remote position.

Duties & Responsibilities 7

Analyze purchased services price quotations and contracts from a financial perspective and provides hospitals with information and resources to facilitate price negotiations with vendors.
Analyzing proposal clauses and understanding stipulations in order to assess overall value and financial impact.
Ability to research and map pricing variables across a wide range of industries, synthesizing information on basic units of labor, service, materials and overhead.
Recognize and create complex comparisons incorporating data expressed diversely in differing; formats, structures and units of measure.
- Research and prepare market intelligence and custom comparative analysis reports on specific types of purchased services requests from member facilities.
- Synthesize information from internal databases and a variety of external sources, including vendors, technical and business publications, and technology information services.
- Works with member hospitals to assess needs and provide consultative support identifying marketplace vendors and contracting best practices for hospital purchased services initiatives.

Requirements & Skills 7

1-2 years of recent experience in customer-focused data-driven environment or other equivalent education/training.
Knowledge of or experience with purchased service contracts and the contracting processes. Experience reviewing and analyzing purchased service agreements preferred, but not required
Experience in a healthcare facility related to purchased services procurement preferred.

Job summary 8

We are looking for a motivated individual to join our team as a Contract Analyst. This role is responsible for catching underpayments and to follow up with the carrier to retrieve those payments.

Duties & Responsibilities 8

Request existing contracts and fee schedules from insurance carriers
Load carrier fee schedules into a program that allows reporting to generate
Review existing reimbursement rates from carriers
- Run reporting based on reimbursement rates and provide to management
- Work the Reimbursement queue to evaluate carriers are paying according to contract
- Performs other duties as necessary

Requirements & Skills 8

Associate’s degree or equivalent combination of training and experience
Carrier fee schedule knowledge
Provider/Contracting experience
Strong Excel skills
- Fluid worker with a high-level of attention to detail
- Medical billing insurance experience preferred
- Strong communication skills

Job summary 9

Under the general supervision of the Procurement Manager and in collaboration with the Strategic Sourcing & Contract Administrator, the Contract Analyst provides contract support for WellSpan product and services. Participate in negotiation of contracts and prepares reports and analysis of contract details and statistics. Works independently and exercises independent judgment and discretion.

Duties & Responsibilities 9

Requirements & Skills 9

Minimum Experience: 3 - 5 years
Minimum Education: Bachelors
- Minimum Field Of Expertise: Knowledge of contracting law and governing regulations
- Preferred Field Of Expertise: Supply Chain management/Materials Management
- Skills: Intermediate computer skills; project management skills; knowledge of statistical analysis, spreadsheet and other software programs; ability to work independently and exercise independent judgment and discretion. Microsoft Office skill required.

Job summary 10

We are looking for a Contract Analyst.

Duties & Responsibilities 10

Generate employment renewal agreements and/or amendments based on specific terms specified by the Facility
Maintain detailed and organized audit file for each contract which includes original contract, all correspondence, amendments and other required documents
Effectively track approvals and correspondence
- Ensure that providers are in compliance with legal requirements, Corporate specifications and all relevant government regulations
- Prepare and disseminate information to appropriate departments and executives regarding contract requirements, status, etc.
- Ensure contract execution in accordance with Corporate policy

Requirements & Skills 10

Bachelor’s degree in Business, MIS, or Computer Science
Minimum 6 months experience in customer or client services within a corporate environment analyzing and processing contracts
- Experience in using Access and other database tools. Ability to manage files, create and maintain database must be demonstrated.
- Experience in customer service with hospitals and other corporate stakeholders with contract management systems
- Minimum 6 months experience in customer or client services within a corporate environment analyzing and processing contracts

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