Provider Contracting Lead Analyst - Cigna Healthcare - Hybrid/Illinois

Cigna

$92K — $153K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, Healthcare Administration, or related field preferred; significant industry experience can substitute for degree.
  • 1-3 years in Provider Contracting, Network Operations or Pricing Required.
  • Strong communication and presentation skills; effective listening abilities.
  • Strong analytical skills and financial acumen necessary for contract evaluation.
  • Proficient in Microsoft Office, enabling efficient handling of data and reports.

Responsibilities

  • Negotiate commercial contracts under guidance from management and senior teammates.
  • Perform financial modeling and analysis to meet or exceed performance expectations.
  • Leverage internal systems to support contract administration efficiently.
  • Strengthen provider relationships through strong communication.
  • Cultivate and maintain relationships with current and prospective providers.
  • Analyze competitive landscape and provider interrelationships within the area.
  • Support strategic provider network positioning and identify opportunities for improved value.

Benefits

  • Comprehensive health benefits including medical, vision, and dental starting on day one.
  • 401(k) plan and company-paid life insurance offered.
  • Tuition reimbursement available for continuous education.
  • Minimum of 18 days of paid time off plus paid holidays.
  • Access to well-being and behavioral health programs.
Full Job Description
The work location for this role is Chicago, IL with a 3 day/week in-office hybrid schedule.

This position serves as an integral member of the Provider Contracting Team and reports to the Contracting Director. This role assists in day to day contracting and network management activities for a given territory within Illinois.

Responsibilities:
  • Negotiate commercial contracts with physician and ancillary groups with manager and senior teammate oversight.
  • Perform detailed financial modeling and analysis related to provider contracts to exceed planned timing and performance expectations.
  • Efficiently leverage complex internal systems and processes to support provider contract administration.
  • Use strong verbal and written communication to strengthen provider relationships and contribute as a valued member of the external facing relationship management team.
  • Establish, develop, and maintain relationships. Within your assigned market, you'll be expected to cultivate relationships with providers, both current and prospective. You will build and maintain relationships that nurture provider partnerships to support the local market strategy.
  • Understand the interrelationships and competitive landscape of the providers in your geographic area.
  • Understand the dynamics of provider networks. Support strategic positioning for provider contracting, assist in the development of Commercial networks and help to identify opportunities for greater value-orientation.
  • Be a team player. Work closely with a variety of internal and external individuals to accomplish your goals, including your Manager, Provider Service, Provider Data Management, Fee Schedule Management, Regional Director, Legal, Network Analytics, Compliance and Sales


Qualifications:
  • Bachelor's degree in Finance, Accounting, Economics, Healthcare Administration, or a related field preferred. Significant industry experience will be considered in lieu of a Bachelor degree.
  • 1-3 years in Provider Contracting, Network Operations or Pricing Required.
  • Highly motivated, confident, energetic, and positive attitude
  • Strong communication and presentation skills, along with listening ability
  • Strong analytic skills and financial acumen
  • Willing and able to take initiative and is results-oriented
  • Effective critical thinking, problem-solving and influencing skills
  • Exceptional work ethic, willing and eagerness to succeed - a proven self-starter
  • A high degree of honesty and integrity
  • Ability to collaborate with others
  • Goal-oriented and career-minded
  • Exceptional customer service standards and delivery
  • Ability to thrive in a fast-paced environment
  • Ability to prioritize projects and to handle multiple demands simultaneously
  • Proficient in Microsoft Office


If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 92,000 - 153,300 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

At The Cigna Group, you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.

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