Magellan Health Services

Subcontracts Manager - Remote Opportunity

Magellan Health Services$83K — $142K *
US-AnywhereRemote in Frisco, TX
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in Purchasing and 5+ years in subcontracts administration.
  • Bachelor's degree in Supply Chain or Business-related field required.
  • Expertise in subcontract negotiation and legal language.
  • Strong interpersonal skills for business partnerships and customer service.
  • Proficient in Microsoft applications (advanced Word/Excel, intermediate PowerPoint).
  • Familiarity with various subcontracts types (CPFF, T&M, FFP) and federal regulations (FAR, DFARS).
  • Certifications such as CFCM, CPM, or CPSM are preferred.

Responsibilities

  • Collaborate with internal leaders to capture and understand business requirements.
  • Prepare vendor agreements and manage contract terms and negotiations.
  • Develop negotiation strategies based on risk assessment.
  • Support vendor evaluations and due diligence processes.
  • Obtain necessary approvals from various internal stakeholders for contracts.
  • Serve as the main liaison among internal teams and external vendors.
  • Monitor and manage expiring subcontracts for timely renewals or terminations.
  • Implement new vendors while ensuring compliance with agreement terms.

Benefits

  • Comprehensive health and life insurance.
  • Voluntary benefits for enhanced wellbeing.
  • Short-term incentives based on performance.
  • Flexible work arrangement with remote opportunities.
Full Job Description
This role is responsible to work collaboratively with internal business leaders to capture business requirements, provide market analysis, develop negotiation strategies and manage the subcontracting process in order to deliver best in class value to the organization. As an individual contributor, this position will be responsible to communicate with internal stakeholders as well as direct communication and negotiations with partners, subcontractors and consultants in order to execute market competitive subcontracts that minimize risk for the organization and its customers. A key responsibility is to utilize procurement best practices to achieve the best value from the supply chain.
  • Builds strong relationships with internal business owners to understand product & service requirements in order to develop & execute subcontracts.
  • Prepares vendor agreements and related documents, including reviewing Prime contract terms and conditions and ensuring their proper flowdown, facilitation and/or support of negotiations and execution of contact documents within assigned business areas/categories.
  • Uses a risk-based approach to develop negotiation strategies and subcontract language.
  • Supports the vendor due diligence and evaluation process.
  • Obtains proper approvals from Legal, Compliance, IT, Security, the requesting business area and any other internal stakeholders as may be warranted for each contract.
  • Acts as the liaison between Legal, internal business units and the vendor representative.
  • Provides expert consultation and advice regarding subcontract language requirements, contracting policy and procedures, resolution of contract issues and administration of contract documents.
  • Provides assistance with new vendor implementations and transitions, ensuring terms of the subcontract are met.
  • Proactively monitors and manages expiring subcontracts to ensure subcontracts are renewed or terminated as desired by the business owner.
  • Builds and maintains external subcontractor relationships for key vendors.
  • Responsible for development and document maintenance of all vendor related material.
  • Identifies opportunities for process improvement and cost savings/avoidance in order to achieve personal goals.
  • Coordinates and interfaces with Program Management on matters of business and contractual nature, such as monitoring payment milestones and invoicing status, addressing performance issues, and/or limitations of funding.
  • Maintains contractual documentation and file set-up information including subcontract agreements, modifications, task/delivery orders, funding status, invoicing status, representations/certifications, supplier qualifications, and correspondence. Process and set-up subcontracts, modifications, etc. through Company's approval and set-up Purchasing Policies and Procedures.

The job duties listed above are representative and not intended to be all-inclusive of what may be expected of an employee assigned to this job. A leader may assign additional or other duties which would align with the intent of this job, without revision to the job description.

Other Job Requirements

Responsibilities
7+ years of Purchasing experience.
5+ years of subcontracts administration experience.
Bachelor's degree in Supply Chain or Business-related field required.
Knowledge of legal subcontract language and proven subcontract negotiation skills.
Strong customer service and business partnership skills
Excellent, communication/facilitation, consultation, training and project management skills.
Ability to collaborate effectively across different organizational levels, functions, businesses and geographies.
Ability to identify barriers and elevate issues.
Ability to manage multiple tasks simultaneously.
Demonstrated time management skills.
Proficiency with Microsoft applications: including advanced level Word and Excel; intermediate level PowerPoint
Experience with administering various types of subcontracts, such as, CPFF, T&M, and FFP for the performance of services, research and development, systems integration, and the delivery of software and hardware in support of commercial, state and Federal government programs (domestic and international).
Have in-depth understanding of commercial business terminology and Federal Acquisition Regulations (FAR, DFARS) and how the business terms and regulations relate to subcontract administration.

General Job Information

Title
Subcontracts Manager - Remote Opportunity

Grade
28

Work Experience - Required
Contract Administration and Management, Military/Government, Procurement

Work Experience - Preferred

Education - Required
Bachelor's - Business Administration

Education - Preferred
Master's - Supply Chain Management

License and Certifications - Required

License and Certifications - Preferred
CFCM - Certified Federal Contract Manager - EnterpriseEnterpriseEnterprise, CPM - Certified Purchasing Manager - EnterpriseEnterpriseEnterprise, CPSM - Certified Professional in Supply Chain Management - EnterpriseEnterpriseEnterprise

Salary Range

Salary Minimum:
$83,890
Salary Maximum:
$142,610

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law.

This position may be eligible for short-term incentives as well as a comprehensive benefits package. Magellan offers a broad range of health, life, voluntary and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.

About Magellan Health Services

Magellan Health, Inc. provides healthcare management services in the United States. The company operates in Healthcare and Pharmacy Management segments. The Healthcare segment offers carve-out management services for behavioral health; employee assistance plans (EAP); and other areas of specialty healthcare, including diagnostic imaging, musculoskeletal management, cardiac, and physical medicine. This segment also contracts with federal, state, and local governments to provide services to beneficiaries of Medicaid, Medicare, and various other governmental programs, as well as manages integrated healthcare and community services networks. The Pharmacy Management segment provides pharmacy benefit management (PBM) services, including clinical and financial aspects of pharmaceutical care for persons served by managed care organizations, health insurers, and employers. This segment offers its services through medical and pharmacy benefit programs, and Medicare Part D programs. The company provides services to health plans and other managed care organizations, employers, labor unions, various military and governmental agencies, and third-party administrators. Magellan Health, Inc. was founded in 1969 and is headquartered in Scottsdale, Arizona.
Learn more about Magellan Health Services
Size
9,000 employees
Market Cap
$2.5 billion
Industry
Net Income
$382.3 million
Founded
1969
5 Year Trend
-0.1%
Revenue
$4.5 billion
NASDAQ

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