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For Companies At a Glance
- 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 professional development opportunities.
- 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 in London 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 in London
✨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 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Legal Contract Manager role. Highlight your experience in contract management and any relevant legal qualifications. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Don’t forget to mention our collaborative culture and how you can contribute to it.
Showcase Your Attention to Detail: As a Legal Contract Manager, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
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 prepared 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. Think of instances where you've successfully worked with cross-functional teams. Be ready to share how you communicated effectively and resolved any conflicts that arose during contract negotiations.
✨Demonstrate Your Analytical Mindset
Prepare to discuss how you've identified and mitigated risks in previous contracts. Highlight your analytical skills by providing examples of how you've used data to inform your decisions and improve contract management processes.
✨Emphasise Process Improvement
The company values process implementation and management. Come equipped with ideas on how you could enhance their existing contract management practices. Discuss any tools or software you've used in the past that could be beneficial for this role.
