Contracts Specialist

Marsh McLennan•Washington, DC

4d•$84,600 - $112,300•Hybrid

About The Position

The Contracts Specialist supports Marsh McLennan Agency’s East Region by reviewing, drafting, negotiating, and administering a wide range of contractual agreements and certain client-form contracts. The Specialist advises business colleagues on compromise positions and contractual risks, and escalates unresolved legal issues to the corporate legal department as appropriate. The role works with in-house counsel and internal colleagues to provide guidance on contractual matters, while serving internal and external customers and business partners. The position also supports legal and compliance matters, including subpoena and discovery requests at the direction of corporate legal or the Litigation Specialist, and preference actions arising from client bankruptcy proceedings in coordination with MMA Finance. The Specialist contributes to company policies and procedures and assists with enterprise risk management, contract efficiency, tracking, reporting, internal communications, and training initiatives. Work is typically hybrid at the Marsh Agency office in Conshohocken, Pennsylvania, with an expectation of working in the office one or more days per week. The role operates in a normal office environment and involves extensive computer and keyboard use. The posted base salary range is $84,600 to $112,300, with possible performance-based incentives.

Requirements

Bachelor’s degree required.
Minimum of 5 years of contract management experience.
Highly detail-oriented, with strong organizational skills.
Excellent written and oral communication skills.
Ability to work independently and as a team member.
Proactive problem-solving ability.
Ability to organize resources and establish priorities.
Demonstrated ability to resolve problems and present results clearly and precisely in oral and written form.
Demonstrated ability to develop, plan, and implement short- and long-range goals.
Proficiency with personal computers, Microsoft Word and Excel, Microsoft Office Suite, and standard office equipment.
Professional demeanor and regular, predictable attendance in accordance with company policy.
Ability to work at a fast pace, manage multiple tasks and deadlines, adjust priorities, and handle frequent interruptions.
Ability to work effectively with diverse personalities and provide service to internal associates, clients, and external business partners.
Integrity, accountability, collaboration, adaptability and innovation, and enthusiasm for overcoming challenges.

Nice To Haves

Juris Doctorate.
Experience working within the insurance brokerage industry.
Knowledge of insurance terminology and interest in learning complex Property & Casualty and Employee Health & Benefits coverage issues.

Responsibilities

Serve as a point of contact for internal and external customers and the corporate legal team on regional contractual matters.
Draft, review, and administer vendor and carrier contracts, non-disclosure agreements, fee-for-service agreements, business associate agreements, HIPAA privacy agreements, data processing agreements, and other requested agreements.
Prepare contract summaries that interpret contractual rights and obligations, support due diligence, and provide recommendations based on findings.
Advise business colleagues on compromise positions and contractual risks, and identify issues that should be escalated to corporate legal.
Negotiate with external third parties and elevate unresolved legal issues to corporate legal as appropriate.
Work with corporate legal to develop and implement contract management and administration procedures that meet regulatory requirements and company policy.
Serve as a point of contact for legal contractual matters and consult regularly with internal counsel and the compliance department.
At the direction of corporate legal or the Litigation Specialist, assist with subpoena and discovery requests, including requests from client counsel and MMA outside counsel privilege management.
Coordinate with MMA Finance to manage preference actions that may arise from client bankruptcy proceedings and implement a client bankruptcy protocol to help mitigate such actions.
Contribute to and influence company policies and functional procedures.
Assist with projects such as enterprise risk management, contract efficiency, and contract tracking and reporting under the direction of in-house Legal.
Assist with internal client communications and conduct internal client training on topics such as confidentiality and contracting requirements.