Contract Specialist

Posted Yesterday
Be an Early Applicant
Newark, NJ, USA
In-Office
98K-133K Annually
Senior level
Healthtech • Insurance
The Role
Draft, review, negotiate, and manage commercial, vendor, finance, real estate, and Business Associate Agreements. Develop templates and contract tools, advise stakeholders on legal risks, train colleagues on contract best practices, report on BAA performance, support privacy incident response and data ethics, and recommend operational efficiencies.
Summary Generated by Built In

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health.  For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience.  Our members are our neighbors, our friends, and our families.  It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds. 

About the Role

Responsible for developing, negotiating, drafting and interpreting contracts of varying scope and complexity as well as implement related processes and procedures. In accordance with corporate policies, execute various vendor, supplier, finance, and real estate contractual agreements. Develop tools and templates, and provide advice and training for other contract functions.

What You'll Do

  • Draft, review and build consensus on template agreements and contract process tools.

  • Draft, review, negotiate and build consensus on commercial contracts.

  • Advise clients and management of potential risks and opportunities related to contract negotiations.

  • Train and advise clients, management and other attorneys on contract best practices and procedures.

  • Draft, review, and negotiate Business Associate Agreements; Partner with the business units to develop and consistently execute Business Associate Agreements.

  • Report on the overall performance of Business Associate Agreements and recommend operational efficiency opportunities.

  • Support the Privacy space as required; including privacy incident response and the creation of the data ethics program.

What You Bring

Education/Experience:
  • High School Diploma/GED required.

  • Bachelor degree in Business Administration, Law preferred or relevant experience in lieu of degree.

  • Prior paralegal experience or in-house legal experience highly desirable.

  • Minimum 5 - 7 years direct experience in negotiating and drafting contracts.

  • Experience in the following areas, a plus: IT licensing, maintenance and support services, finance, insurance, treasury, and leasing transactions; Healthcare industry, insurance company regulation, M&A, corporate governance, and subsidiary maintenance.

Additional licensing, certifications, registrations:
  • Juris Doctor or paralegal certification a plus.

Why Horizon?

At Horizon, you’ll do meaningful work that directly improves lives—while being supported by a mission‑driven organization that values expertise, collaboration, and growth.  We believe that when our people thrive, our communities do too.  If you are passionate about making an impact, we’d love to hear from you!

Salary Range:

$97,800 - $133,455

​This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity.  This range has been created in good faith based on information known to Horizon at the time of posting.  Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)

  • Retirement Plans

  • Generous PTO

  • Incentive Plans

  • Wellness Programs

  • Paid Volunteer Time Off

  • Tuition Reimbursement

Disclaimer:

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware. This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law.  Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

Skills Required

  • High School Diploma or GED
  • Bachelor's degree in Business Administration or Law (preferred) or relevant experience in lieu of degree
  • Minimum 5-7 years direct experience negotiating and drafting contracts
  • Prior paralegal experience or in-house legal experience
  • Experience with IT licensing, maintenance and support services, finance, insurance, treasury, leasing transactions, healthcare industry, insurance regulation, M&A, corporate governance, subsidiary maintenance
  • Juris Doctor or paralegal certification
  • Must live in New Jersey, New York, Pennsylvania, Connecticut, or Delaware

Horizon Blue Cross Blue Shield of New Jersey Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Horizon Blue Cross Blue Shield of New Jersey and has not been reviewed or approved by Horizon Blue Cross Blue Shield of New Jersey.

  • Leave & Time Off Breadth PTO is characterized as generous, with ample days off and holidays enhancing the overall package. This breadth of time away supports a favorable view of total rewards.
  • Flexible Benefits Remote and hybrid options are available in multiple functions and are cited as a meaningful perk. Flexibility in where work is performed contributes to overall satisfaction with rewards.
  • Retirement Support The 401(k) match is considered decent to good. Retirement offerings are viewed as a solid component of the total package.

Horizon Blue Cross Blue Shield of New Jersey Insights

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The Company
HQ: Newark, NJ
4,974 Employees
Year Founded: 1932

What We Do

Horizon Blue Cross Blue Shield of New Jersey- the state’s largest and oldest health insurer - is a subsidiary of Horizon Mutual Holdings, Inc., a not-for-profit mutual holding company. Together with its affiliates, Horizon provides a wide array of medical, dental, vision and prescription insurance products and services. As New Jersey’ health solutions leader, Horizon is transforming healthcare by working with doctors and hospitals to deliver innovative, patient-centered programs that improve quality and lower costs. It is headquartered in Newark, NJ with offices in Wall and Hopewell, NJ. Horizon serves 3.7 million members including more than 1 million who rely on Medicaid for their health coverage.

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