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Health Care Service Corporation

Contract Specialist

Posted 3 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
42K-93K Annually
Entry level
In-Office
Chicago, IL, USA
42K-93K Annually
Entry level
The Contract Specialist drafts and negotiates health insurance contracts while collaborating with stakeholders, managing projects, and ensuring compliance with regulations.
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At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

The Employer Document Unit supports the Group market segment, which consists of organizations that offer Blue Cross Blue Shield health insurance to their employees. This position within Employer Document Unit collaborates with internal stakeholders to draft and negotiate contract documents governing the relationship between HCSC and its customers. Responsibilities include drafting both standard and customized account-specific documents for new and renewing accounts including redrafts of up to ten paragraphs as well as developing non-standard contract language and coordinating document production with account managers. This role also supports project planning for development of special group plans, including negotiating benefit plan provisions with customers.

JOB REQUIREMENTS:
* Bachelor’s degree or 4 years’ work experience in a position involving independent judgment and initiative.
* Experience and skills in drafting standard or customized group health contracts or booklet documents with minimal guidance of up to 10 paragraphs.

* Knowledge of insurance contracts such as health, life, disability, supplemental health and/or self-funded.
* Knowledge of insurance products such as health, dental, life, disability and/or supplemental.
* Knowledge of group health state and federal regulations on contract administration.
* PC experience including Microsoft Office.
* Experience in deadline driven environment and completing tasks on time.
* Judgment and problem resolution skills.
* Verbal and written communication skills to interface with staff from other departments, draft document language and handle issue resolution.

PREFERRED JOB REQUIREMENTS:
* JD or paralegal experience.

* Experience working on corporate projects. Skills in project management/project planning.

This is a Flex (Hybrid) role: 3 days in office; 2 days remote.

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#LI-Hybrid

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees.  Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$41,700.00 - $92,800.00

Exact compensation may vary based on skills, experience, and location.

Top Skills

MS Office
HQ

Health Care Service Corporation Chicago, Illinois, USA Office

300 E Randolph St, Chicago, IL, United States, 60601

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