Legal Counsel Senior

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Anticipated End Date: 2026-06-16 Position Title: Legal Counsel Senior Job Description: Legal Counsel Senior Location: This role requires associates to be in-office 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Legal Counsel Senior is responsible for completing a variety of routine and non-routine legal assignments and intermediate level projects independently and using professional legal concepts and principles in accordance with company and departmental objectives to solve challenging legal issues in practical ways. Works autonomously with regular collaboration and reporting to management. At this level the associate has developed a specific technical depth and/or breadth of organizational and industry legal issues. The position requires substantive expertise in contracting, solid judgment in assessing legal and business risk, and the ability to manage negotiations against consultants and opposing counsel. The role operates with a high degree of autonomy and is expected to proactively identify and mitigate legal, regulatory, and reputational risk while supporting the organization's strategic and financial objectives. How you will make an impact: Works with more experienced attorneys to represent the organization in legal duties. May research legal principles and precedents, consult with outside counsel, draft and execute legal documents, gather relevant case related information using multiple sources and methods. Contributes to overall results of an SBU or CEE unit and/or department. Serves as a strategic partner with assigned internal clients. Provides legal solutions to a wide range of difficult or new problems. Develops recommendations and solutions that are thorough, practical and consistent with organizational objectives. May support the development of other attorneys and paralegals by providing guidance on technical and tactical procedures for lower level attorneys. Begins to assume management of outside counsel on routine matters. Assesses and mitigates risk for familiar situations. Reports to management any identified business exposure and associated risks as well as mitigation techniques being utilized. Draft, review, and negotiate non ‑ standard contract terms, balancing legal risk with commercial objectives Oversee contracts throughout the full lifecycle, including proposal support, execution, interpretation, dispute resolution, and termination Partner closely with sales, account management, finance, compliance, regulatory, and operations teams to support client relationships and enterprise initiatives Demonstrate interest in developing a deep understanding of dynamic pharmacy benefit environment Advise on operational requirements tied to contract obligations across financial commitments, reporting obligations, and audits Support teams managing broker relationships including commercial contracting, information protection, and product initiatives Implement multi-faceted changes in contract relationships and operational requirements under evolving market dynamics Minimum Requirements: Requires a JD, current license to practice law, and a minimum of 6 years of specific industry and/or technical legal experience post licensure; or any combination of education and experience, which would provide an equivalent background. Preferred Skills, Capabilities and Experiences: Experience with PBM contracts, healthcare services agreements, or large ‑ scale enterprise client contracts Experience advising on regulatory and compliance considerations impacting client contracts Proven ability to manage multiple complex matters simultaneously in a fast ‑ paced environment Negotiation Excellence: Demonstrates solid negotiation skills against experienced opposing counsel and consultants Executive Presence: Effectively communicates risk and recommendations to senior and executive leadership Strategic Mindset: Aligns legal advice with enterprise goals and long ‑ term business strategy Resilience & Judgment: Maintains composure and sound decision ‑ making under pressure and tight timelines For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $ 160,336 to $ 240,504 . Locations: Chicago, IL In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to