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Contract Risk Jobs in Iowa (NOW HIRING)

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Contract Risk information

What are the key skills and qualifications needed to thrive as a Contract Risk professional, and why are they important?

To thrive as a Contract Risk professional, you need strong knowledge of contract law, risk assessment, and compliance, usually supported by a degree in law, business, or a related field. Familiarity with contract management software, risk analysis tools, and regulatory frameworks is essential. Exceptional attention to detail, negotiation skills, and the ability to communicate complex concepts clearly are vital soft skills. These competencies help ensure that organizations identify, mitigate, and manage contractual risks effectively, protecting their interests and maintaining regulatory compliance.

What are some common challenges faced by professionals in Contract Risk roles, and how can they be addressed?

Professionals in Contract Risk roles often encounter challenges such as navigating ambiguous contract language, managing tight deadlines for risk assessments, and ensuring coordination between legal, compliance, and business teams. Addressing these challenges typically involves developing strong communication skills, utilizing risk management tools, and staying updated on regulatory changes. Building collaborative relationships across departments and participating in ongoing training can also help contract risk professionals effectively mitigate risks and add value to their organizations.

What is contract risk?

Contract risk refers to the potential for financial loss, legal exposure, or operational issues arising from the terms, execution, or management of contracts between parties. This can include risks such as non-performance, ambiguous clauses, regulatory non-compliance, and disputes over contract obligations. Identifying and managing contract risk is essential for organizations to safeguard their interests and ensure smooth business operations. Contract risk professionals assess agreements for potential pitfalls and develop strategies to minimize or mitigate these risks.

What is the difference between Contract Risk vs Contract Administrator?

AspectContract RiskContract Administrator
Primary FocusIdentifying and mitigating contractual risksManaging contract documentation and execution
Required CredentialsLegal or risk management background, certifications in risk managementLegal, administrative, or contract management experience
Work EnvironmentRisk departments, legal teams, project managementContract departments, procurement, project teams

Contract Risk professionals focus on analyzing and reducing contractual risks before and during contract execution, often working closely with legal and risk management teams. Contract Administrators handle the day-to-day management of contracts, ensuring compliance, documentation, and timely execution. While both roles require understanding contracts, Contract Risk emphasizes risk mitigation strategies, whereas Contract Administrators focus on contract administration and operational tasks.

What are the most commonly searched types of Risk jobs in Iowa? The most popular types of Risk jobs in Iowa are:
Infographic showing various Contract Risk job openings in Iowa as of May 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, 1% Temporary, and 3% Contract. Highlights an 80% Physical, 3% Hybrid, and 17% Remote job distribution.

Health Plan Provider Contracts Manager - Complex

Passport Health Plan by Molina Healthcare

Ames, IA

$73.10K - $171.06K/yr

Full-time

Posted 7 days ago


Job description

JOB DESCRIPTION

Job Summary

Provides subject matter expertise and leadership for health plan provider network complex contracting activities.  Supports network strategy and development with respect to adequacy, financial performance and operational performance.  Responsible for negotiating agreements, including value-based payment methodology, with complex provider groups that are strategically critical to plan success, including but not limited to:  hospitals, independent physician associations (IPAs), and behavioral health organizations.

Essential Job Duties

Negotiates contracts and letters of agreement with the complex provider community to secure high quality, cost-effective and marketable plan providers. 
Contracts/re-contracts with large-scale entities involving custom reimbursement; executes standardized alternative payment model (APM) contracts; issues escalations, and supports network adequacy, joint operating committees (JOCs), and delegation oversight. 

Execution, management, and optimization of value-based contracts and enhanced provider relationship management.

Directs analysis of financial impact of deal terms and prepare details and justification for executive approval for agreements outside of Molina approval guidelines.
In conjunction with contracting leadership, negotiates complex provider contracts including high-priority physician group and facility contracts using preferred, acceptable, discouraged, unacceptable (PADU) guidelines (emphasis on number or percentage of membership in value-based relationship contracts).
Develops and maintains provider contracts in contract management software.
Targets and recruits additional providers to reduce member access grievances.
Engages targeted contracted providers in renegotiation of rates and/or language; assists with cost-control strategies that positively impact the medical cost ratio (MCR) within each region.
Advises network contracting team members on negotiation of individual provider and routine ancillary contracts.
Maintains contractual relationships with significant/highly visible providers.
Evaluates provider network and implement strategic plans with the goal of meeting Molina's network adequacy standards.
Assesses contract language for compliance with corporate standards and regulatory requirements and review revised language with assigned corporate attorney.
Participates in fee schedule determinations including development of new reimbursement models; seeks input on new reimbursement models from corporate network leadership, legal and senior level engagement as required.
Educates internal customers on provider contracts.
Clearly and professionally communicates contract terms, payment structures, and reimbursement rates to physician, hospital and ancillary providers. 
Participates with the leadership team and other committees to address the strategic goals of the department and organization.
Participates in contracting-related special projects as directed.
Provides training, mentoring and support to new and existing contracting team members.  
Travels regularly throughout designated regions to meet targeted needs.
 

Required Qualifications

At least 5 years of  experience in network contracting with large specialty or multispecialty provider groups, and at least 3 years experience in provider contract negotiations in a managed health care setting ideally negotiating different provider contract types (i.e. physician/group/hospital), or equivalent combination of relevant education and experience.
Working familiarity with various managed health care provider compensation methodologies, primarily across Medicaid and Medicare lines of business, including but not limited to: value-based payment (VBP), fee-for service (FFS), capitation and various forms of risk, etc.
Negotiation and relationship building capabilities.
Ability to navigate complex regulatory environments.
Data-driven decision-making skills, and analytical abilities.
Organizational skills and attention to detail.
Ability to work cross-functionally with internal/external stakeholders in a highly matrixed organization.
Ability to manage multiple tasks and deadlines effectively.
Effective verbal and written communication skills.  
Microsoft Office suite and applicable software programs proficiency.
 

Preferred Qualifications

Contracting experience with integrated delivery systems, hospitals and groups (specialty and ancillary).
Experience with Medicaid, Medicare, and Marketplace government-sponsored programs.
 

To all current Molina employees: If you are interested in applying for this position, please apply through the Internal Job Board.
Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V

Pay Range: $73,102 - $171,058 / ANNUAL
*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

Employment Type: Full Time