Contracting Specialist

Our client, a Health Insurance company, is looking for a Contracting Specialist for their Detroit, MI/Hybrid location.

Responsibilities:

• The Supply Chain Contracting Specialist is responsible for independently developing and executing negotiation strategies for complex, high-value healthcare, technology, and professional services agreements.
• The specialist serves as the primary contracting and negotiation lead and coordinates cross-functional reviews and approvals.
• The role manages agreements throughout the negotiation lifecycle, maintains accurate documentation and timely stakeholder communication, supports compliance with applicable healthcare and insurance requirements, including obligations related to protected health information and personally identifiable information and promotes continuous improvement in contracting processes and internal stakeholder relationships.

Requirements:

• Five or more years of progressively responsible contract negotiation experience, including demonstrated ability to independently develop and execute negotiation strategies for complex healthcare, health insurance, technology, and professional services agreements. Experience must include master services agreements, statements of work, amendments, and supplier-provided agreements, as well as the negotiation of pricing, payment terms, deliverables, acceptance criteria, intellectual property, data protection, liability, termination rights, and other key commercial terms.
• Demonstrated experience independently leading complex IT and technology contract negotiations, including software licensing, SaaS and cloud services, support and maintenance, data security, and related supplier agreements.
• Demonstrated ability to manage contracts throughout the negotiation lifecycle and coordinate cross-functional reviews with Procurement, business stakeholders, Legal, Information Security, Privacy, Risk, and Compliance.
• Experience negotiating regulated or compliance-related agreements, including business associate agreements and agreements involving protected or confidential information, is required.
• Demonstrated experience reviewing and negotiating complex healthcare, health insurance, technology, and professional services agreements, including agreements involving protected health information, personally identifiable information, business associate requirements, data use, privacy, information security, regulatory compliance, and audit obligations.
• Strong ability to identify, evaluate, and communicate contractual, commercial, financial, operational, regulatory, and reputational risks and recommend practical risk-mitigation strategies that support business objectives.
• Experience developing and negotiating service-level agreements, performance standards, key performance indicators, service credits, remedies, escalation procedures, acceptance criteria, and supplier reporting requirements.
• Demonstrated ability to independently prepare and evaluate supplier redlines, contract provisions, negotiation positions, and issue summaries that support recommended contractual and commercial outcomes.
• Proven ability to partner with business stakeholders, Procurement, Legal, Privacy, Information Security, Risk, Compliance, Finance, Audit, Insurance, and other subject-matter experts to develop and execute contract negotiation strategies and obtain required reviews and approvals.
• Strong commercial and financial acumen, including experience negotiating pricing structures, payment terms, cost adjustments, benchmarking provisions, discounts, credits, financial commitments, and other supplier commercial terms.
• Ability to manage multiple complex negotiations simultaneously, establish priorities, meet deadlines, resolve escalated issues, and communicate negotiation status, risks, and recommendations clearly to stakeholders and leadership.
• Experience using contract lifecycle management, procurement, sourcing, or supplier management systems to maintain complete and accurate contract documentation, approvals, negotiation records, and reporting.
• Experience applying healthcare or health insurance regulatory requirements to contract negotiations involving regulated services, protected health information, personally identifiable information, business associate obligations, data use, privacy, information security, audit rights, and regulatory compliance.
• Advanced contract review, drafting, redlining, and negotiation skills, with the ability to interpret complex commercial and legal provisions and explain contractual risks and recommendations clearly to business stakeholders.
• Strong problem-solving, critical-thinking, and decision-making skills, including the ability to evaluate competing priorities, develop practical solutions, and resolve complex or escalated contract issues.
• Experience with contract lifecycle management, supplier management, and enterprise business systems, including Oracle; experience with Ironclad or a comparable platform, is preferred.
• Strong written and verbal communication skills, including experience preparing negotiation summaries, risk assessments, recommendations, presentations, and leadership-level updates.
• Ability to collaborate effectively in a cross-functional, interdependent environment and build productive relationships with business stakeholders, suppliers, Legal, Privacy, Information Security, Risk, Compliance, Finance, and other subject-matter experts.
• Demonstrated ability to take ownership, exercise sound judgment, drive negotiations and approvals to completion, and proactively engage stakeholders to resolve issues and maintain progress.
• Proficiency with Microsoft 365 applications, including Word, Excel, PowerPoint, Outlook, and Teams.
• Bachelor's degree in business, supply chain, finance, legal, healthcare, technology, or related field preferred; equivalent education and relevant contract negotiation experience may be considered.
• Juris Doctor or advanced degree in business, supply chain management, healthcare administration, or a related discipline is preferred but not required.
• Professional certification in procurement, contracting, supply chain management, or a related discipline is preferred, including Certified Professional in Supply Management (CPSM), Certified Professional in Supplier Diversity (CPSD), Certified Commercial Contract Manager (CCCM), Certified Professional Contract Manager (CPCM), or a comparable credential.

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities