Lead Contracts Administrator, Claims

Posted on Sep 18, 2024 by Verisk
Jersey City, NJ
Insurance
Immediate Start
Annual Salary
Full-Time
Job Description

Join our Legal, Compliance and Audit (LC&A) operations team in our Jersey City, NJ headquarters where we have a flexible hybrid work model.

Draft, negotiate, and review contracts, as well as update and revise contract templates, pertaining to new and existing products, including but not limited to the following contract types: MSAs, SOWs, DPAs / DSAs, NDAs, SLAs, and other software and/or data licensing agreements

Balance multiple agreement negotiations simultaneously; multitask and accomplish assignments under the supervision of a contract attorney

Determine the proper form of agreement for any contractual situation based on a superior understanding of Verisk’s products and services, contract law, contract language, and the insurance industry

Work independently, as well as on a team, during the contract negotiation process; proactively pull in and collaborate with various Subject Matter Experts (including, but not limited to: Finance, Insurance, Risk and Security, Privacy, Compliance, Audit, product owners) during appropriate junctures to ensure result of effective agreements with properly mitigated risk

Understand, apply, and incorporate Verisk’s standard contracting playbook as appropriate during the contract negotiation lifecycle

Creatively navigate through difficult circumstances with your counterpart (i.e., customer’s Procurement representative or contract administrator) and successfully arrive at resolutions on contract language and positions; seek to understand a customer's position behind a redline and offer alternative acceptable language, when possible

Quality check all assigned requests and agreements; ensure that all applicable approvals are in place prior to final execution

Apply and maintain a general (high-level) understanding of the latest and current applicable laws and regulations applicable to Verisk products, including GLBA, FCRA, GDPR, CPPA/CPRA, HIPAA; proactively stay up-to-date on changes to such applicable laws

Maintain the highest level of integrity and sensitivity to confidential information

Track contract progress and proactively follow up on outstanding items as needed

Effectively adhere to, implement, and/or improve contracting reporting and workflows, using company tools and technology (including CLM and CRM systems)

Manage excellent working relationships with Verisk internal stakeholders (i.e., Sales, product owners, business units, Finance, Customer Service, Compliance, Audit, Claims Senior Leadership, and other functional departments)

Complete all ad hoc projects, special projects, and other duties as assigned

Complete all goals and responsibilities, set on an annual basis and as determined by you and/or your Manager

Reference: 201742197

https://jobs.careeraddict.com/post/95394944

Lead Contracts Administrator, Claims

Posted on Sep 18, 2024 by Verisk

Jersey City, NJ
Insurance
Immediate Start
Annual Salary
Full-Time
Job Description

Join our Legal, Compliance and Audit (LC&A) operations team in our Jersey City, NJ headquarters where we have a flexible hybrid work model.

Draft, negotiate, and review contracts, as well as update and revise contract templates, pertaining to new and existing products, including but not limited to the following contract types: MSAs, SOWs, DPAs / DSAs, NDAs, SLAs, and other software and/or data licensing agreements

Balance multiple agreement negotiations simultaneously; multitask and accomplish assignments under the supervision of a contract attorney

Determine the proper form of agreement for any contractual situation based on a superior understanding of Verisk’s products and services, contract law, contract language, and the insurance industry

Work independently, as well as on a team, during the contract negotiation process; proactively pull in and collaborate with various Subject Matter Experts (including, but not limited to: Finance, Insurance, Risk and Security, Privacy, Compliance, Audit, product owners) during appropriate junctures to ensure result of effective agreements with properly mitigated risk

Understand, apply, and incorporate Verisk’s standard contracting playbook as appropriate during the contract negotiation lifecycle

Creatively navigate through difficult circumstances with your counterpart (i.e., customer’s Procurement representative or contract administrator) and successfully arrive at resolutions on contract language and positions; seek to understand a customer's position behind a redline and offer alternative acceptable language, when possible

Quality check all assigned requests and agreements; ensure that all applicable approvals are in place prior to final execution

Apply and maintain a general (high-level) understanding of the latest and current applicable laws and regulations applicable to Verisk products, including GLBA, FCRA, GDPR, CPPA/CPRA, HIPAA; proactively stay up-to-date on changes to such applicable laws

Maintain the highest level of integrity and sensitivity to confidential information

Track contract progress and proactively follow up on outstanding items as needed

Effectively adhere to, implement, and/or improve contracting reporting and workflows, using company tools and technology (including CLM and CRM systems)

Manage excellent working relationships with Verisk internal stakeholders (i.e., Sales, product owners, business units, Finance, Customer Service, Compliance, Audit, Claims Senior Leadership, and other functional departments)

Complete all ad hoc projects, special projects, and other duties as assigned

Complete all goals and responsibilities, set on an annual basis and as determined by you and/or your Manager

Reference: 201742197

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