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For Companies At a Glance
- Tasks: Manage, draft, and negotiate commercial contracts while ensuring compliance and mitigating risks.
- Company: Join a leading global insurance brokerage with a meritocratic culture.
- Benefits: Negotiable salary, hybrid working options, and comprehensive benefits package.
- Why this job: Make a real impact in a dynamic environment while developing your legal expertise.
- Qualifications: Experience in contract management and strong communication skills are essential.
- Other info: Collaborate with diverse teams across Europe and the US for exciting career growth.
The predicted salary is between 36000 - 60000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
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.
Legal Contract Manager in London employer: Brown & Brown UK
Contact Detail:
Brown & Brown UK 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 to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to contract management and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate, but the right fit!
✨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 build confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Tailor your application to highlight your experience in managing and negotiating contracts, and let us see what you can bring to the table!
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 relevant experience in managing, drafting, and negotiating contracts, and don’t forget to showcase your understanding of compliance and risk management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific examples of how you've successfully navigated contract negotiations or improved processes in previous roles.
Showcase Your Collaboration Skills: Since this role involves working closely with various teams, make sure to highlight your collaboration skills. Share examples of how you’ve effectively communicated with stakeholders to align contractual terms with business objectives.
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Brown & Brown UK
✨Know Your Contracts
Familiarise yourself with different types of commercial agreements, especially those relevant to the insurance industry. Be ready to discuss your experience in drafting and negotiating contracts, and how you ensure compliance with legal standards.
✨Understand the Business Context
Research Brown & Brown's business model and their approach to risk management. Show that you can align legal terms with business objectives by providing examples of how you've done this in previous roles.
✨Prepare for Stakeholder Collaboration
Think about how you would work with various internal teams like Legal, Finance, and Operations. Prepare examples of past experiences where you successfully collaborated across departments to achieve a common goal.
✨Showcase Process Improvement Skills
Be ready to discuss any initiatives you've led or contributed to that improved contract management processes. Highlight your ability to develop templates, playbooks, or workflows that enhance efficiency and compliance.
