At a Glance
- Tasks: Negotiate contracts, manage risks, and support corporate insurance strategies.
- Company: Merrick & Company is an employee-owned firm focused on innovation and excellence.
- Benefits: Enjoy hybrid work options, stock ownership, and professional development opportunities.
- Why this job: Join a collaborative team dedicated to risk management and client solutions in a dynamic environment.
- Qualifications: 7+ years in insurance, strong negotiation skills, and proficiency in Microsoft Office required.
- Other info: Competitive salary range of $113,000 to $128,000 with annual reviews.
The predicted salary is between 72000 - 84000 £ per year.
Are you a passionate Senior Contracts and Risk Management Specialist eager to drive innovation in a collaborative, employee-owned environment? Join Merrick & Company's Contracts and Risk Management team. This position will ideally be a full-time, hybrid position located at our Greenwood Village, CO Merrick office. Relocation and/or hybrid work may be considered near other Merrick offices. Typical wage range for this position is $113,000 to $128,000. Base pay offered may vary depending on job-related knowledge, skills, and experience.
Why Merrick? We strive for excellence in our respective fields and value our individual employee owners and the contributions we make to our company. We live our purpose: Solving. Growing. Living. Our employee owners all work towards a common goal: delivering the right solutions to our clients and making our company great.
About the Contracts and Risk Management Team: Merrick's Contracts and Risk Management Team is central to ensuring that Merrick remains at the forefront of risk mitigation strategies in the industry, including supporting the corporate insurance program. As a member of the team, you'll work alongside individuals who are committed to continuously advancing Merrick's risk management posture.
WHAT YOU'LL DO
- Review, comment on, and negotiate client contracts
- Prepare and review subcontracts
- Assist with the review of other contractual vehicles as needed
- Prepare applications, participate in presentations (both preparing and providing content to underwriters) of Merrick's corporate insurance program
- Support Merrick's corporate risk management, including risk mitigation and risk transfer
- Maintain Merrick's current corporate licenses (business and professional), coordinate new licenses as needed
- Client representations and certifications and System for Award Management (SAM): primary preparer of reps/certs for signature and maintenance of SAM registrations
- Small business: assist with preparation of small business reports on a semi-annual basis
REQUIRED QUALIFICATIONS
- Minimum of 7 years of experience in the insurance industry. Preferred experience includes working on claims, underwriting, and coverage lines.
- Understanding of risk management procedures is required.
- Business mindset, with interest in learning Merrick's risk management processes.
- Ability to work in fast-paced, quickly changing environments.
- Proficient with Microsoft Office tools required (Word, Outlook, Excel, PowerPoint).
- Must be professional, and work with ethics and integrity.
- Must treat all information as sensitive and in a confidential manner.
- Must have a high attention to detail and solid organizational skills.
- Performs duties with excellent customer services skills and initiative to fix problems and assist as needed.
- Proactive, self-directed, and reliable.
- Strong verbal, written and presentation skills required.
- Strong negotiation skills required.
- Must have the ability to handle stress and to interact with others to establish and maintain a positive and productive work environment.
- Dedicated to meeting the expectations and requirements of internal and external customers, establishes and maintains effective relationships with customers and gains their trust and respect.
DESIRED QUALIFICATIONS
- Graduation from an accredited risk management and insurance school or bachelor's degree.
- Experience working for or with construction contractors or engineers/architects.
PERKS
- Employee Owned - all eligible U.S. employees have an Employee Stock Ownership Account.
- Robust Employee Referral Program.
- Annual performance and compensation reviews.
- Professional Training and Development.
- Employee Recognition Awards.
- Peer Mentor Program.
- And Much More!
ADDITIONAL INFORMATION
Apply online only. No e-mail, hard copy or third-party resumes accepted. Merrick & Company offers a competitive compensation and benefits package which includes health insurance, dental and vision coverage, 401(k), and paid time off (PTO). Merrick is an Equal Opportunity Employer, including disability/vets. Employment with Merrick is contingent upon completion of a pre-employment background check, MVR check, and drug screen. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Senior Contracts and Risk Management Specialist employer: Merrick & Company
Contact Detail:
Merrick & Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Contracts and Risk Management Specialist
✨Tip Number 1
Familiarise yourself with Merrick & Company's values and mission. Understanding their focus on innovation and employee ownership will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Network with current or former employees of Merrick & Company on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Senior Contracts and Risk Management Specialist role.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that demonstrate your negotiation skills and risk management expertise. Tailoring your anecdotes to reflect the responsibilities outlined in the job description will make a strong impression.
✨Tip Number 4
Stay updated on industry trends related to contracts and risk management. Being knowledgeable about recent developments can help you engage in meaningful discussions during interviews, showing your commitment to continuous learning and professional growth.
We think you need these skills to ace Senior Contracts and Risk Management Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in contracts and risk management, particularly in the insurance industry. Emphasise your negotiation skills and any specific projects that demonstrate your ability to handle risk effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background aligns with Merrick's values and goals, and provide examples of how you've successfully managed contracts and mitigated risks in previous roles.
Highlight Relevant Qualifications: Clearly outline your qualifications, especially your 7+ years of experience in the insurance industry. If you have a degree in risk management or related fields, make sure to mention it prominently.
Showcase Soft Skills: In addition to technical skills, highlight your soft skills such as communication, organisation, and customer service. Provide examples of how you've built effective relationships with clients and colleagues in high-pressure environments.
How to prepare for a job interview at Merrick & Company
✨Know Your Contracts
Familiarise yourself with common contract terms and risk management strategies. Be prepared to discuss your experience in reviewing and negotiating contracts, as this will be a key part of the role.
✨Showcase Your Experience
Highlight your 7+ years in the insurance industry, particularly any experience with claims, underwriting, and coverage lines. Use specific examples to demonstrate your understanding of risk management procedures.
✨Demonstrate Strong Communication Skills
Prepare to showcase your verbal and written communication skills. You may be asked to present information or negotiate terms, so practice articulating your thoughts clearly and confidently.
✨Emphasise Your Proactive Approach
Merrick values initiative and reliability. Be ready to discuss how you've taken proactive steps in previous roles to mitigate risks or improve processes, showcasing your problem-solving abilities.