Healthcare Contracting Specialist - EB

GIG Gulf is part of the Gulf Insurance Group (GIG), the #1 regional composite insurer in MENA, with a presence in 12 markets including the United Arab Emirates, Bahrain, Oman, Qatar, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Kuwait, Lebanon, and Turkey. GIG Group reported consolidated assets of US$4.01 billion and a net profit of US$84 million for the year 2024. The majority shareholder of GIG Group is Fairfax Financial Holdings, a global leader in insurance and reinsurance, with a presence in 40 markets. Listed on the Toronto Stock Exchange and part of the Fortune 500, Fairfax was founded in 1985 and has always had a strong focus on long-term growth and financial resilience. It follows a decentralized model, empowering local leadership teams—many of whom have over 20 years of tenure—with trust and accountability. Fairfax’s culture, rooted in its guiding principles, is reflected across all of its subsidiaries. GIG Gulf is an ‘A’-rated regional insurer with a top 5 position in each of its core markets: the UAE, Oman, Qatar, and Bahrain. With over 70 years of regional presence, GIG Gulf combines a strategic focus on growth and investment with a comprehensive portfolio of insurance products and services tailored to corporates, SMEs, and individual customers. It also holds a 50% stake in GIG Saudi. The company’s strategic priorities are centered around regional growth, customer experience, and digital transformation. GIG Gulf fosters a diverse and inclusive culture, employing over 800 people from 60+ nationalities, across 15 branches and retail outlets throughout the region. Serving over 1 million customers, GIG Gulf positions itself as a caring partner—committed to helping customers achieve their goals and lead fulfilling lives. Passionate about customer feedback, the company is constantly evolving to become the region’s digital insurer of reference, operating in a responsible and sustainable way. Job purpose: To assist in managing and proactively negotiating direct billing contracts and pricelists with healthcare providers, analyze provider claims and utilization data to support negotiations and decision-making, with the aim to optimize performance and cost-effectiveness. Key Responsibilities Proactive Provider Negotiations: Assist in negotiations with healthcare providers to establish and maintain contracts that meet organizational objectives. Assist in monitoring and addressing contract performance and compliance issues. Data Analysis: Utilize data analytics to support in assessing provider performance, cost trends, and network utilization. Prepare and present comprehensive reports to senior management on network performance and contract effectiveness. Cost Containment: Assist in identifying opportunities for cost savings and efficiency improvements within the provider network. Collaborate with operational teams and other business stakeholders to identify cost-containment opportunities and track their impact. Provider Inclusion: Coordinate on the process of including new providers into the network, ensuring alignment with company standards and requirements. Support in the assessment of potential providers to determine suitability and fit within the network. Foster relationships with existing and potential providers to enhance network offerings and address any concerns Operational & technical responsibilities Assist in maintaining deep connections with the businesses and clearly identifysupport needed to achieve business goals and priorities. Coordinate with internal departments, including IT, compliance, and customer service, to resolve operational issues and streamline network operations. Support the development and maintenance of technical infrastructure necessary for managing provider data, contract information, and performance metrics. Support system integrations and standardize coding with providers as per the respective local regulatory framework and mandates. Minimum requirements of the role: Bachelor's degree or equivalent. Minimum of 2-3 years of experience in healthcare network contracting, provider relations, or a similar role Strong understanding of healthcare reimbursement models, provider networks, and cost-containment strategies. Excellent knowledge of regulatory mandated service coding standards in GCC such as but not limited to CPT coding, IP and Daycase DRG, e Claims processes, etc. Proficiency in data analysis and experience with relevant analytical tools and software. Excellent negotiation, communication, and interpersonal skills. Ability to work independently and manage multiple priorities in a fast-paced environment. Strong problem-solving skills and attention to detail. Expert knowledge of Excel, Power BI and other similar analytical tools CPT and ICD coding certifications. Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function General Business Industries Insurance Referrals increase your chances of interviewing at GIG Gulf by 2x Get notified about new Contract Specialist jobs in Dubai, United Arab Emirates . Office Administrator/ Public Relations Officer (PRO) (Part-Time) Travel Agency Contracting Specialists (OTA Startup) Chief Specialist - Contracts & Agreements We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr