Medica
Overview
Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We\'re a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration — because success is a team sport. It\'s our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued. Key Accountabilities
Strategic Negotiation
Exercise independent judgment when analyzing information and evaluating results to lead Medica business teams to the best negotiation strategy for the situation Develop and negotiate complex contracts for products and services that include pricing, Medica-preferred terms and conditions, risk mitigation, and best-in-class service level performance agreements/guarantees Navigate high-pressure situations to resolve conflicts effectively Maintain appropriate attention to detail while managing multiple complex negotiations at the same time Collaborate and creatively solution with Medica attorneys when needed to ensure contract terms comply with legal and regulatory requirements Analyze contract terms to identify opportunities for improvement
Business Relationship Management
Utilize effective communication and collaboration skills to establish strong relationships with business partners to align on the strategic and tactical direction for vendor negotiations Collaborate with multiple stakeholders and vendors to negotiate favorable contract terms and maintain positive working relationships Effectively communicate business critical information including complex contract terms, in a clear and concise manner, to both internal stakeholders and external partners
Contract Management
Ensure contracts and relevant contract data are entered into Medica’s contract management tool
Required Qualifications
Bachelor\'s degree or equivalent experience in related field
Major:Business, Marketing, Finance, or Pre-Law preferred
5 years of work experience beyond degree Skills and Abilities
Healthcare experience with familiarity with emerging trends in contracting and healthcare Experience negotiating complex contracts; specific experience with IT and/or Operations preferred Strong negotiation, analytic and problem solving skills Self-motivated, organized and able to operate with a high degree of autonomy Ability to manage multiple concurrent, complex tasks and operate at a high level under pressure Advanced critical thinking and problem solving skills Enterprise mindset This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Madison, WI or Minnetonka, MN Compensation and Benefits
The full salary grade for this position is $87,100 - $149,300. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $87,100 - $130,620. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position\'s scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees. The compensation and benefits information is provided as of the date of this posting. Medica\’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law. Equal Opportunity
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We\'re a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration — because success is a team sport. It\'s our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued. Key Accountabilities
Strategic Negotiation
Exercise independent judgment when analyzing information and evaluating results to lead Medica business teams to the best negotiation strategy for the situation Develop and negotiate complex contracts for products and services that include pricing, Medica-preferred terms and conditions, risk mitigation, and best-in-class service level performance agreements/guarantees Navigate high-pressure situations to resolve conflicts effectively Maintain appropriate attention to detail while managing multiple complex negotiations at the same time Collaborate and creatively solution with Medica attorneys when needed to ensure contract terms comply with legal and regulatory requirements Analyze contract terms to identify opportunities for improvement
Business Relationship Management
Utilize effective communication and collaboration skills to establish strong relationships with business partners to align on the strategic and tactical direction for vendor negotiations Collaborate with multiple stakeholders and vendors to negotiate favorable contract terms and maintain positive working relationships Effectively communicate business critical information including complex contract terms, in a clear and concise manner, to both internal stakeholders and external partners
Contract Management
Ensure contracts and relevant contract data are entered into Medica’s contract management tool
Required Qualifications
Bachelor\'s degree or equivalent experience in related field
Major:Business, Marketing, Finance, or Pre-Law preferred
5 years of work experience beyond degree Skills and Abilities
Healthcare experience with familiarity with emerging trends in contracting and healthcare Experience negotiating complex contracts; specific experience with IT and/or Operations preferred Strong negotiation, analytic and problem solving skills Self-motivated, organized and able to operate with a high degree of autonomy Ability to manage multiple concurrent, complex tasks and operate at a high level under pressure Advanced critical thinking and problem solving skills Enterprise mindset This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Madison, WI or Minnetonka, MN Compensation and Benefits
The full salary grade for this position is $87,100 - $149,300. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $87,100 - $130,620. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position\'s scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees. The compensation and benefits information is provided as of the date of this posting. Medica\’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law. Equal Opportunity
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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