Contract Associate II - Remote

Labcorp is a global leader in laboratory services, providing insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies, and health systems make confident decisions and improve outcomes. Through science, data, technology, and a vast laboratory network, we advance diagnostics, accelerate innovation, and address critical health challenges. This role offers the opportunity to do meaningful work, grow your career, and make a real impact on people’s health worldwide.

About the role

Labcorp is seeking a US remote-based Contract Associate II to support our Mid-America division.

Schedule

Monday – Friday, 8:00 AM – 5:00 PM Central Time Zone

Responsibilities

• Provide end-to-end contracting of divisional client contracts, including drafting, reviewing, negotiating, and ensuring compliance with internal policies and legal requirements.
• Support business objectives by facilitating timely contract execution, managing exceptions, and maintaining strong client relationships through clear and effective contract processes.
• Provide coaching and training for new hires on contracting policies and best practices.
• Work with a team of contracts professionals in all aspects of contract creation and management.
• Draft, review, and negotiate high-profile, complex client contracts using pre-approved corporate templates, ensuring consistency and adherence to company policies and risk standards; escalate as needed.
• Review redlines using pre-approved language (approved deviations) and make determinations; request escalations to Contract Associate III or management as needed.
• Address client questions, draft emails, and participate in calls related to client inquiries.
• Escalate client concerns regarding information requests, compliance confirmations, pricing, business team questions, and requests for client calls.
• Provide escalation assistance for redlines outside of pre-approved optional language.
• Prepare requests for Law Department review and send contracts for legal evaluation.
• Secure contract signatures, return executed documents to the client, and load final documents into the contract management system.
• Clearly and accurately inform clients and management of the status of ongoing projects, including time frames, changes, problems, and solutions.
• Work with management on annual reporting per Law Department and compliance policies.
• Track the status of unique, challenging client contracts throughout their lifecycle (e.g., chasing signatures); escalate as needed.
• Partner with the Law Department to interpret contractual terms, resolve disputes, and ensure adherence to applicable laws, regulations, and internal standards.
• Work closely with business units to understand client requirements, operational objectives, and service expectations to translate them into contractual terms.
• Advise internal stakeholders on contract structure, process, and risk considerations; coordinate to identify and resolve contract exceptions and escalations.
• Create, update, and maintain client records within the contract management system, ensuring data accuracy and completeness.
• Ensure accuracy, consistency, and completeness of client records; monitor for duplicate, missing, or inconsistent client data and oversee resolution of discrepancies.
• Monitor unique or challenging client bid opportunities and communicate them to management for assignment.
• Assist in the preparation and submission of bid proposals in response to RFPs, RFQs, and other solicitation documents, including crafting responses using standard pre-approved language.
• Coordinate with cross-functional teams to gather necessary documentation, pricing, and compliance information.
• Review bid terms and conditions to identify contractual obligations, risks, and compliance requirements, as assigned by management.
• Track bid timelines, deadlines, and approvals to ensure timely submission.
• Package proposals for legal review and submission to routine clients.
• Secure signatures, return executed documents, and load them into the contract management system.
• Support post-bid clarifications and contract award negotiations.
• Communicate bid submissions and results to the Law Department for the Monthly Report.
• Attend calls with the M&A Project Team to learn about the Target Company, clients, service offerings, etc.
• Perform reviews of client contracts in the Project data room to identify non-standard service offerings for Labcorp and bring them to the Project Team calls.
• Create new contracts or assignments of contracts as needed.

Requirements

• High school diploma or equivalent and 5+ years of experience in contracts management, or Associate’s degree and 3+ years of experience in contracts management.

Preferred Qualifications

• 2+ years of experience in healthcare industry contracts management.
• Associate’s degree and 5+ years of experience in contracts management.

Skills

• Strong communication skills, both written and verbal.
• Proficient with Microsoft Office Programs, DocuSign, and Adobe.
• High level of attention to detail with the ability to prioritize and multitask.
• Strong organization skills and ability to adapt to high-pressure environments.
• Able to change directions in workload based on required timeframes.
• Able to work independently and as part of a team with little to no supervision.

Pay

$66,000 - $75,000 per year. All job offers will be based on a candidate’s skills, prior relevant experience, applicable degrees/certifications, as well as internal equity and market data.

Benefits

Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits, including:

• Medical, dental, and vision coverage.
• Life, short-term disability (STD), and long-term disability (LTD) insurance.
• 401(k) retirement plan.
• Paid Time Off (PTO) or Flexible Time Off (FTO).
• Tuition reimbursement.
• Employee Stock Purchase Plan.

Employees regularly scheduled to work less than 20 hours, casual, intern, and temporary employees are eligible to participate in the 401(k) Plan only. Employees on a 7-on/7-off schedule receive all benefits except PTO or FTO.