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Contracts Associate

Company: Verisk Analytics, Inc.
Location: Jersey City
Posted on: February 24, 2021

Job Description:

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions. Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues. But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger. It's the reason Verisk is part of the UN Global Compact sustainability initiative. It's why we made a commitment to balancing 100 percent of our carbon emissions. It's the aim of our "returnship" program for experienced professionals rejoining the workforce after time away. And, it's what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers' problems. At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do.-- At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career.---We have received the Great Place to Work-- Certification for the--fifth consecutive year. We've been recognized by--Forbes--as a World's Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce. Verisk's Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work. Job Description Verisk is seeking a Contracts Associate to support our Rating and Underwriting Sales Team in the licensing of products and services. In this role, you'll--be a member of a team that is responsible for the complete life cycle of a licensing agreement or contract. You will work with the Rating and Underwriting sales teams (and occasionally those from other business units) to determine the proper contract needed for the product and/or services being licensed.-- The successful candidate will be experienced in drafting contracts and able to multi-task--while working in a dynamic and fast paced environment--with a very demanding work load. This role is part of the Corporate Operations division with its home base in the corporate headquarters in Jersey City, N.J.-- The day to day responsibilities of this role are:

  • Review requests and draft Product Supplements, Master Agreements and other contracts utilizing standardized templates; collaborate with sales and product owners to ensure all contract specifications are accurate; effectively and efficiently manage all phases of the contract process.
  • Effectively partner with the Law department and other Subject Matter Experts to ensure successful negotiations, resulting in effective agreements which have properly mitigated risk.
  • Manage relationships with Customer Service, Sales, Finance and others to implement and improve contract processing workflows including tracking within CRM.
  • Ad-hoc projects as assigned #LI-JB1 Qualifications
    • --Bachelor's degree required; JD degree strongly preferred
    • --2-4 years contract management experience including drafting and revising
    • Solid understanding of contract law, contract language and principles, and applicable legislation
    • Ability to work in a collaborative environment and work proactively with business units
    • Excellent project management skills with strong attention to detail
    • Outstanding interpersonal and relationship building skills
    • Possess a high level of integrity and sensitivity to confidential information
    • Strong organization, effective planning, problem solving, and analytical skills--
    • Superior communication skills, both oral and written, and the ability to liaise comfortably with all levels of management
    • Ability to be flexible and adapt to changing situations or urgent requests that may arise with little or no notice
    • Must exhibit initiative and assertiveness in obtaining information needed to proceed with projects and accomplish tasks with minimal supervision #LI-JB1 Additional Information 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. Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.--

Keywords: Verisk Analytics, Inc., Jersey City , Contracts Associate, Other , Jersey City, New Jersey

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