Contract Analyst II / Senior Contract Analyst

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.
 
Ready to reach your highest potential? Let’s work together.

Job Summary

These positions draft legally defensible EB (employee benefits) contract documents for group life and disability products, alternate funding agreements, master and service agreements, and voluntary coverages - across all States, including all complexity levels of customers. The difference in the levels is based on increasing complexity of the work and required skills.

Principal Duties & Responsibilities:

• This position analyzes and drafts moderately complex and non-complex contract documents; interprets and analyzes plan documents and submission materials to match provisional intent; discusses policy provisions to enhance customer satisfaction; brings contract expertise to the varying processes to enhance the customer experience; mitigates financial risk by drafting legally defensible contracts.

Skills and Background You’ll Need

We are hiring for two roles:

Contract Analyst II: requires 1 – 2 years of related experience

Senior Contract Analyst: requires 3+ years of related experience

• Education: Bachelor’s degree, or the equivalent combination of education and/or relevant experience.

• Knowledge & Skills:  Requires full knowledge of coverage features, standard contractual provisions, and concepts related to group insurance products

  • Is able to work collaboratively with other contract analysts, field personnel, and other Home Office employees.

  • Is able to effectively discuss general policy provisions with customers, by expressing ideas clearly both verbally and in writing.

  • Possesses strong analytical, problem solving, customer service and time management skills.

  • Is able to provide mentoring, and training for colleagues with less experience.

Key Behaviors of a Successful Candidate

• Job Complexity & Judgment:  Requires ability to comprehend, analyze, and interpret submission materials (including documents, dialogue, and database information) to draft moderately complex and non-complex, legally defensible contract documents (including prior plan reviews and contract comparisons). Possesses contractual proficiency to convey appropriate language options to meet customer expectations, correctly interpret customer inquiries, and approve specialized enrollment materials for other functional areas. Understands the up and downstream implications to other disciplines, processes, and customers.

• Independence & Supv required:  Plans and schedules own work and requires limited direction.  Complex work may require engagement and input from multiple roles company-wide for desired work product. 

• Interaction & Influence:  Contacts are company-wide to provide or obtain information.  May consult with management.  Networks with internal and external key contacts.  Effective mentor and team player.

Why Join the Standard?

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including a 401(k) plan with matching company contributions

• An annual incentive bonus plan 

• Generous paid time off

• A supportive and responsive management approach

• Opportunities for career growth and advancement  

• Paid time off to volunteer 

• An employee giving program that double matches your donations to eligible nonprofits and schools

• Much more!

#LI-REMOTE

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.