Contract Admin

Verisk Analytics•Jersey City, NJ

2d•Hybrid

About The Position

Verisk is seeking an experienced Contract Administrator to play a critical role in supporting our business through the drafting, negotiation, and management of complex commercial agreements. In this highly visible position, you will partner with teams across Sales, Finance, Product, Privacy, Security, Compliance, and Legal to help drive business objectives while mitigating risk. The ideal candidate combines strong contract law expertise with exceptional communication, analytical, and relationship-building skills, enabling them to navigate complex negotiations, manage multiple priorities, and deliver practical, business-focused solutions. If you are a proactive, detail-oriented professional who enjoys solving problems, influencing outcomes, and contributing to a culture of integrity and operational excellence, we encourage you to join our team.

Requirements

Bachelor’s degree required
5+ years of experience reviewing, drafting, negotiating, and managing contracts
Ability to think logically and quickly, with ability to promptly resolve and turn around contracts
Strong written and verbal communication skills
Superb understanding of contract law, contract language and principles, and applicable legislation
High degree of understanding of common issues and concerns with services, sales departments, and complex customers
Must excel in working in a highly collaborative environment while independently managing a large workload
Self-driven and must exhibit initiative and assertiveness in obtaining information needed to proceed with requests and assignments
Independently accomplish contract matters and tasks with limited supervision by a senior contract attorney
Excellent project management skills with superior attention to detail; strong organization, facilitation, time management, planning, problem solving, and analytical skills required
Outstanding interpersonal and relationship building skills, with the ability to mentor and advise new and/or more junior contract administrators
Strong organizational skills with the ability to prioritize and be detail-orientated to effectively and efficiently manage responsibilities
Possess the highest level of integrity and sensitivity to confidential information
Superior communication skills, both oral and written, and the ability to liaise comfortably with all levels of staff and management
Ability to pivot and adapt to changing situations or urgent requests that may arise with little or no notice
Process-forward and technically competent with various software programs, including but not limited to: Microsoft Office web-based and desktop applications (Word, Excel, PowerPoint, Outlook, Teams, SharePoint), as well as CRM and CLM systems

Nice To Haves

JD degrees preferred
Bar admission is advantageous but not required

Responsibilities

Independently 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 effectively and efficiently multiple agreement negotiations simultaneously with limited oversight; multitask and accomplish assignments under the limited supervision of a senior contract attorney
Independently 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; also, contribute directly to the playbook based on expertise and contractual experience
Identify legal issues and creatively navigate through difficult circumstances with your counterpart (i.e., customer’s Procurement representative, contract administrator or legal counsel) and successfully arrive at resolutions on contract language and positions; identify complex concerns both arising from the customer and sales, and seek to understand a customer's position behind a redline and offer alternative acceptable language when possible
Independently quality check all assigned requests and agreements; ensure that all applicable approvals are in place prior to final execution
Conduct and produce findings in response to post-execution contract research requests, e.g., identify specific legal terms within or across one or more contracts
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