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- Tasks: Manage and negotiate commercial contracts while ensuring compliance and mitigating risks.
- Company: Join a leading global insurance brokerage with a collaborative culture.
- Benefits: Competitive salary, flexible working, and opportunities for professional development.
- Why this job: Make an impact in a dynamic environment while growing your legal expertise.
- Qualifications: 5+ years in contract management and a degree in Law or related field.
- Other info: Be part of a diverse team focused on integrity and teamwork.
The predicted salary is between 36000 - 60000 £ per year.
Location: London (with flexibility for hybrid working)
Package: £Negotiable + Benefits
Role Overview
The Legal Contract Manager will be responsible for managing, drafting, reviewing, and negotiating from a legal perspective a wide range of commercial agreements across the European division of Brown & Brown, a global market leading insurance brokerage firm. This role ensures commercial consistency, mitigates risk and supports business objectives while maintaining alignment with legal and regulatory requirements alongside company policies.
Key Responsibilities
- Contract Lifecycle Management: Draft, review and negotiate commercial contracts including insurer/upstream distribution agreements, supplier contracts and service-level agreements (including technology contracts), intragroup arrangements, and other ad hoc terms. Consider commercial context and apply accepted insurance industry standards in process of drafting, reviewing and negotiating. Apply and review Brown & Brown standard terms utilized across the business. Maintain accurate records of all contracts and ensure timely renewals are notified to key stakeholders. Manage amendment, novation and termination of contracts.
- Risk & Compliance: Ensure all contracts comply with applicable laws, regulations, and internal policies across multiple European jurisdictions. Identify, document and mitigate contractual risks, escalating issues where necessary. Where applicable, liaise with internal Risk & Compliance teammates to ensure regulatory matters are considered and integrated accordingly.
- Stakeholder Collaboration: Work closely with internal teams (Legal, Finance, Operations, Tech Procurement, and Business Teammates in Europe and the US) to align contractual terms with business objectives. Act as a key point of contact for contract-related queries across the European division.
- Process Improvement: Further develop and implement the existing best practices for contract management, including templates, playbooks and approval workflows. Develop and manage the commercial contracts clause bank. Support digitalization and AI initiatives for contract management systems.
- Reporting & Analysis: Provide regular reports on contract status, risks and compliance metrics to senior management. Monitor key performance indicators related to contract execution and adherence.
Qualifications & Experience
- Bachelor’s degree in Law, Business Administration, or related field (Legal background preferred).
- Minimum 5 years of experience in contract management (financial services, insurance, or regulated industries preferred).
- Proven experience in managing and reviewing legal agreements.
- Proven experience in process implementation and management.
- Familiarity with contract management software and digital tools.
Skills & Competencies
- Excellent reviewing and drafting skills.
- Strong attention to detail and ability to manage multiple priorities.
- Effective communication and stakeholder management skills.
- Analytical mindset with problem-solving capabilities.
- Ability to work independently and as part of a cross-functional team.
Opportunity to work in a dynamic, growing European division of a global insurance brokerage firm. Collaborative culture with a focus on professional development. Competitive salary and benefits package.
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Legal Contract Manager employer: Brown & Brown, Inc.
Contact Detail:
Brown & Brown, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Contract Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Since we value teamwork and integrity, think of examples from your past that showcase these traits. Show us how you can contribute to our collaborative environment!
✨Tip Number 3
Practice your negotiation skills! As a Legal Contract Manager, you'll need to demonstrate your ability to negotiate effectively. Role-play with a friend or mentor to refine your approach and boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at Brown & Brown.
We think you need these skills to ace Legal Contract Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Legal Contract Manager role. Highlight your relevant experience in contract management and any specific skills that align with what we’re looking for.
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills can benefit us. Use examples from your past work to show your expertise in drafting, reviewing, and negotiating contracts.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about why you’re the right fit for the role.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the position without any hiccups.
How to prepare for a job interview at Brown & Brown, Inc.
✨Know Your Contracts
Before the interview, brush up on your knowledge of different types of commercial agreements, especially those relevant to the insurance industry. Be ready to discuss specific examples of contracts you've managed, drafted, or negotiated, and how you ensured compliance with legal standards.
✨Showcase Your Stakeholder Skills
This role involves collaboration with various internal teams. Prepare to share experiences where you've effectively communicated and managed relationships with stakeholders. Highlight any instances where your input led to improved contract terms or processes.
✨Demonstrate Your Analytical Mindset
Be prepared to discuss how you identify and mitigate risks in contracts. Think of examples where your analytical skills helped resolve complex issues or improved compliance metrics. This will show that you can think critically about the legal implications of contracts.
✨Emphasise Process Improvement
The company values process implementation and management. Come equipped with ideas on how you’ve previously developed best practices for contract management. Discuss any tools or software you’ve used to streamline processes, as this aligns with their focus on digitalisation and AI initiatives.