Senior Contract Administrator

UL Solutions•Northbrook, IL
•Hybrid

About The Position

The Senior Contract Administrator works closely with Sales, Legal, and other contracting stakeholders to translate business requirements into technical requirements and to administer contract processes using Ironclad CLM. The role builds and maintains contract workflows, notifications, approvals, obligations, templates, clauses, and contract library settings, including permissions, metadata, and views. It also maintains CLM process and training documentation, supports initiatives such as M&A onboarding of new contract types, imports legacy contract data, and configures security settings and user permissions. The position uses technology to improve the effectiveness and efficiency of contract record management, review, and approval. It periodically reviews contracts and recommends ways to improve or harmonize terms and conditions, and trains company personnel on contract content and negotiation processes as needed. The role follows the Underwriters Laboratories Code of Conduct and physical and digital security practices, and performs other duties as directed.

Requirements

  • University degree equivalent to a bachelor's degree in Business Administration or a related discipline.
  • Generally five years of experience handling complex contract negotiations.
  • Proficiency with Microsoft applications, including Word, Excel, PowerPoint, and Access.
  • Strong communication skills and attention to detail.
  • Ability to learn on the job, identify issues, think quickly, and handle complex and ambiguous issues with sound judgment.

Nice To Haves

  • Experience with Oracle.
  • Experience with Contract Lifecycle Management (CLM) tools.

Responsibilities

  • Work with Sales, Legal, and other contracting stakeholders to convert business requirements into technical requirements.
  • Build, update, and maintain Ironclad CLM workflows for all contract types.
  • Build, update, and maintain CLM notifications, approvals, and obligations.
  • Update contract templates and clauses when approved changes are submitted.
  • Maintain the contract library, including permissions, metadata, and views.
  • Maintain documentation for CLM processes, tools, and training.
  • Support initiatives, including M&A, to onboard new contract types to CLM.
  • Import legacy contract data to the CLM repository as required.
  • Configure security settings and user permissions within CLM.
  • Use technology to improve the efficiency and effectiveness of contract record management, review, and approval.
  • Periodically review contracts and recommend improvements or harmonization of terms and conditions.
  • Train company personnel on contract content and negotiation processes as needed.
  • Read and follow the Underwriters Laboratories Code of Conduct and physical and digital security practices.
  • Perform other duties as directed.

Benefits

  • Annual bonus compensation with a target payout of 10% of base salary.
  • Health benefits including medical, dental, and vision.
  • Wellness benefits, including mental and financial health benefits.
  • Retirement savings plan (401K).
  • Paid time off for full-time employees, including 15 vacation days, 12 holiday and personal days, and 72 hours of sick time.
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