Senior Contracts and Risk Management Specialist
Senior Contracts and Risk Management Specialist

Senior Contracts and Risk Management Specialist

London Full-Time 72000 - 84000 £ / year (est.) Home office (partial)
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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, training, and recognition awards.
  • Why this job: Join a collaborative team dedicated to risk management and client solutions.
  • Qualifications: 7+ years in insurance, strong negotiation skills, and proficiency in Microsoft Office required.
  • Other info: Competitive pay range of $113,000 to $128,000 based on experience.

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

Merrick & Company is an exceptional employer that fosters a collaborative and innovative work environment, where employee ownership drives commitment to excellence. Located in Greenwood Village, CO, our hybrid work model offers flexibility while providing robust professional development opportunities, competitive compensation, and a strong focus on employee recognition. Join us to be part of a team dedicated to delivering impactful solutions and advancing risk management strategies in a supportive culture that values each individual's contributions.
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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, which you can leverage in your application process.

✨Tip Number 3

Prepare to discuss specific examples from your past experience that demonstrate your negotiation skills and risk management expertise. Being able to articulate these experiences clearly will set you apart during interviews.

✨Tip Number 4

Stay updated on industry trends related to contracts and risk management. Showing that you are knowledgeable about current challenges and innovations in the field can impress interviewers and demonstrate your commitment to continuous learning.

We think you need these skills to ace Senior Contracts and Risk Management Specialist

Contract Negotiation
Risk Management Procedures
Insurance Industry Knowledge
Claims Handling
Underwriting Expertise
Attention to Detail
Organisational Skills
Microsoft Office Proficiency
Customer Service Skills
Presentation Skills
Verbal Communication Skills
Written Communication Skills
Negotiation Skills
Problem-Solving Skills
Ability to Work Under Pressure
Relationship Management

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Contracts and Risk Management Specialist position. Tailor your application to highlight relevant experience in contract negotiation, risk management, and the insurance industry.

Craft a Strong CV: Your CV should clearly outline your 7+ years of experience in the insurance industry, focusing on your skills in claims, underwriting, and risk management. Use bullet points to make it easy to read and ensure it reflects your achievements and contributions in previous roles.

Write a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Highlight your understanding of Merrick's mission and how your background aligns with their goals. Be specific about your negotiation skills and ability to work in fast-paced environments.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application demonstrates professionalism and attention to detail, which are crucial for this role.

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, or 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 Attention to Detail

Given the nature of the role, it's crucial to convey your high attention to detail and organisational skills. Be ready to provide examples of how you've successfully managed complex tasks or projects in the past.

Senior Contracts and Risk Management Specialist
Merrick & Company
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  • Senior Contracts and Risk Management Specialist

    London
    Full-Time
    72000 - 84000 £ / year (est.)

    Application deadline: 2027-06-20

  • M

    Merrick & Company

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