Advisor | Senior Contracts Associate

Senior Contracts Associate.



* 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 proje...