Contract Manager - Underwriting Solutions

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Who is Verisk Marketing Solutions?   

Verisk Marketing Solutions helps marketers create exceptional experiences for their customers and prospects by targeting the right person, with the right message, at the right time. We do this with the highest standards for data security and respect for the consumer’s privacy, preference, and permission. Our consumer insights and data solutions are designed to help marketers continuously maintain a real-time view of customers and prospects as those consumer’s profiles and behaviors are changing over time. Whether our customers are seeing a consumer for the first time or have a long-standing relationship with her, we help them improve the reach, timing, relevance, and compliance of every engagement.  We take pride in helping our customers understand and apply our solutions and data to improve their digital marketing strategies in new and creative ways. When our customers win, we win.   

Position Overview  

Verisk Marketing Solutions is looking for an experienced Contracts Manager to join our operations team. The Contracts Manager will be a partner to the overall administration of the customer contract request processes, working closely with the commercial and business teams across VMS. This position also collaborates with the corporate Verisk teams to ensure compliance with policies and procedures relating to contract requests and negotiating best practices.   

As a front-line negotiator, you will find creative solutions that meet both Verisk Marketing Solutions and its customers’ business and legal needs. This position requires coordination with various stakeholders and subject matter experts in the legal department, compliance, product marketing, finance, as well as other groups to help drive transactions to successful completion within the required time frame. You will also maintain and enforce contracting policies including approval procedures for non-standard terms and pricing, assist the sales force with on-going administration of client contracts, advise management on contractual terms and risks, and provide training to sales and other departments on contract issues and negotiation strategies. You need to be adept at using your judgment and making sound decisions quickly to facilitate deal execution while minimizing risk to Verisk Marketing Solution’s interests. 

About the Day-to-Day Responsibilities of the Role  

• Respond to contract work requests promptly and provide quality, customer-focused support to internal/external customers.  
• Manage the review, drafting and redlining of all contract language - including Data Licensing Agreements, Product Schedules, Amendments, and dispute resolutions.  
• Manage clause library, playbooks, training materials and other key configurations to align with evolving business needs.  
• Collaborate with and provide direction to internal teams to ensure contract terms are consistent with Verisk Marketing Solution’s business, financial, and risk management objectives 
• Consistently anticipate and guard against potential contractual risks and propose mitigation strategies 
• Identify opportunities to streamline negotiations and educate customers and colleagues 

• Provides recommendations relating to any exceptions or items of concern or caution and contributes to their negotiation.  
• Interface with the corporate legal, finance and other supporting cross functional organizations to answer questions and resolve issues related to legal issues in support of transactional business.  
• Provide management with insightful observations and suggestions for improvement that can be achieved through contractual language and/or process improvement.  
• Maintain positive relationships and help to ensure the satisfaction of existing customers for the purpose of maintaining or growing their revenue base with Verisk Marketing Solutions 

#LI-AO1

• 4-5 years of direct, relevant experience as a contract administrator/manager 
• 2+ years of experience negotiating data licensing and service agreements 
• Strong working knowledge of contractual agreements (standard legal terms, contractual provisions); experience writing agreement templates and/or provisions within agreements  
• Demonstrated a high level of comfort and professionalism in working with individuals at all levels of an organization  
• Excellent communication and negotiating skills   
• Detail-oriented and highly organized; must be able to handle multiple projects and tasks concurrently while working autonomously to meet deadlines  
• Must be able to learn fast and apply learnings to the job  
• Computer/technology savvy, with a strong working knowledge of the following: Salesforce, Word and Excel, Cloud-based document repository system  

Nice to Have   

• JD or Paralegal Certification   

• Certified Professional Contracts Administrator (CPCM)  
• Hands-on experience with one or more Contract Lifecycle Management tools   

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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