Contract Management Analyst

Posted 9 Days Ago
Be an Early Applicant
Honolulu, HI, USA
Hybrid
Senior level
Healthtech • Insurance
The Role
Drafts, reviews, redlines, and manages standard contracts, renewals, amendments, NDAs, and exhibits under Legal Affairs oversight. Ensures approved clauses, HIPAA and healthcare compliance provisions, templates, and documentation are used correctly. Screens and escalates legal risks, maintains contract metadata and obligations in the CLM system, tracks renewals, supports sourcing and supplier onboarding, and prepares contract summaries and issue logs. Collaborates with Procurement, business stakeholders, SMEs, vendors, and Legal Affairs.
Summary Generated by Built In
Job Summary & Responsibilities
  1.  Contract Drafting, Review & Redlining
    • Draft, review, and edit standard or low‑risk agreements, including renewals, amendments, extensions, NDAs, and supporting exhibits, using HMSA templates and playbooks (subject to the direction and oversight of Legal Affairs and the Chief Legal Officer).
    • Ensure contract language aligns with approved legal terms, including confidentiality, data privacy, indemnification, termination, and audit provisions (subject to the direction and oversight of Legal Affairs and the Chief Legal Officer).
    • Manage redlines and version control; maintain clear documentation of rationale for accepted or rejected changes.
  2. Template, Clause & Compliance Governance
    • Validate appropriate template and clause usage for all contract types based on Procurement and Legal requirements.
    • Review agreements for adherence to HIPAA‑impacting provisions, business associate requirements, and applicable federal/state payer regulations (subject to the direction and oversight of Legal Affairs and the Chief Legal Officer); escalate deviations to Legal Affairs.
    • Support Legal Affairs and Procurement in periodic updates to templates and clause libraries (e.g., privacy, security, CMS/ACA language).
  3.  First-Line Legal Triage & Escalation
    • Screen contract intake items for legal complexity, novelty, or risk; handle routine/standard items and escalate non‑standard terms to Legal Affairs (pursuant to guidelines approved by the same) as needed.
    • Prepare contract summaries, issue logs, and comparison redlines to streamline review by Legal Affairs.
    • Maintain clear boundaries of practice and operate under the direction and supervision of Legal Affairs.
  4. Lifecycle & Obligation Management
    • Track contract expirations, auto‑renewal dates, and notice windows; prepare renewal packages for Procurement and business owners.
    • Ensure executed contracts are stored in the contract lifecycle management (CLM) system with correct metadata, versions, and obligations.
    • Monitor open items, commitments, and follow‑up.
  5. Stakeholder & Relationship Management
    • Foster effective relationships with business owners, SMEs, and vendor partners.
    • Communicate vendor expectations clearly and ensure alignment with business priorities.
    • Provide guidance to stakeholders on vendor management best practices and governance standards.
  6.  Sourcing & Documentation Support
    •  Prepare and validate legal‑related RFx documents (e.g., NDA forms, standard contract exhibits) and support supplier onboarding documentation.
    • Assist with legal Q&A during sourcing events by applying approved positions and escalating exceptions to Legal.
    • Support Procurement in standardizing and maintaining consistent documentation across sourcing processes.
 
#LI-Hybrid
Preferred Qualifications
  1. Associate's degree in paralegal studies or a bachelor's degree; or equivalent combination of education and experience.
  2. Seven years of contract specialist, or legal analyst experience, with hands‑on drafting, reviewing, and redlining of contracts.
  3. Strong knowledge of contract fundamentals: indemnity, limitation of liability, confidentiality, data privacy, termination, audit, insurance
  4. Working knowledge of healthcare privacy/compliance concepts (HIPAA; basic CMS/ACA awareness for payer contracts)
  5. Excellent written and verbal communication; meticulous attention to detail.
  6. Strong understanding of contract/commercial terms, including SLAs, BAA requirements, and business continuity.
  7. Demonstrated exposure to healthcare regulatory concepts (e.g., HIPAA, awareness of payer regulatory obligations).
  8. Strong familiarity with healthcare regulations.
  9. Intermediate working knowledge in Microsoft Word, Excel, Outlook, PowerPoint.
  10. Experience with SharePoint and document version control.

Skills Required

  • Associate's degree in paralegal studies, bachelor's degree, or equivalent combination of education and experience
  • Seven years of contract specialist or legal analyst experience
  • Hands-on experience drafting, reviewing, and redlining contracts
  • Strong knowledge of indemnity, limitation of liability, confidentiality, data privacy, termination, audit, and insurance provisions
  • Working knowledge of healthcare privacy and compliance concepts, including HIPAA and basic CMS/ACA awareness for payer contracts
  • Excellent written and verbal communication skills
  • Meticulous attention to detail
  • Strong understanding of commercial contract terms, including SLAs, BAA requirements, and business continuity
  • Exposure to healthcare regulatory concepts and payer regulatory obligations
  • Strong familiarity with healthcare regulations
  • Intermediate working knowledge of Microsoft Word, Excel, Outlook, and PowerPoint
  • Experience with SharePoint and document version control

HMSA Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about HMSA and has not been reviewed or approved by HMSA.

  • Healthcare Strength — Medical and dental coverage are described as solid, with preventive services and select zero‑cost features adding value in recent plan years. Employer-sponsored plans can have affordable premiums in certain groups and broad access options.
  • Retirement Support — A 401(k) with company match and potential discretionary contributions forms a strong component of total rewards. Retirement support complements the core medical and dental package.
  • Leave & Time Off Breadth — Paid holidays and PTO that increases with tenure provide meaningful time‑off flexibility. Time‑away benefits scale with service length.

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The Company
HQ: Honolulu, Hawaii
1,435 Employees
Year Founded: 1938

What We Do

The Hawaii Medical Service Association (HMSA), an independent licensee of the Blue Cross and Blue Shield Association, is a reliable name in Hawaii health care. Established in 1938, we are the largest and most experienced provider of health care coverage in the state. Over half of Hawaii’s population have chosen HMSA for their health care coverage. We are dedicated to providing quality, affordable health plans; employee benefit services; and worksite wellness programs. HMSA also offers a variety of programs, services and support to help improve the health and well-being of our members and community.

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