At a Glance
- Tasks: Support contract management and collaborate with teams to ensure compliance and accuracy.
- Company: Join LexisNexis Risk Solutions, a leader in risk assessment and innovative solutions.
- Benefits: Enjoy generous holidays, health perks, and a competitive pension scheme.
- Other info: Dynamic team culture with opportunities for personal growth and community involvement.
- Why this job: Make an impact in a fast-paced environment while developing your career in contracts.
- Qualifications: Degree or equivalent experience in commercial contracts; strong communication skills required.
The predicted salary is between 40000 - 50000 € per year.
About the Business: LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Insurance vertical, we provide customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle all while reducing risk.
About the team: This position is part of the LNRS Insurance Contracts Team, which operates within Operations. The team works closely with Sales, Legal, Product, and Analytics to make sure deals are accurately captured, approved, and documented. They’re responsible for drafting contracts based on the agreed commercials and terms, and they diligently track any non-standard provisions. It’s always busy, with a wide range of internal stakeholders involved, so collaboration and attention to detail are key.
About the role: The Commercial Contracts Executive position will provide contract support to the LexisNexis Risk Solutions Insurance business. The role will work as part of the Operations team to ensure compliance with commercial contract terms and conditions. The role holder will collaborate closely with the Legal team to provide credible and trustworthy guidance to the business.
Responsibilities:
- Provide basic commercial advice and interpret contractual requirements.
- Draft, review, and prepare standard contract documents (Orders, Amendments, Schedules, SLAs, Appendices), including approved term modifications.
- Manage customer queries and pushbacks, escalating to Legal or stakeholders where required.
- Attend internal governance forums (e.g. Deal Review Board) and maintain accurate records and decision tracking.
- Ensure effective use of contract governance tools (e.g. DocuSign, approval forms, trackers, reporting) to support timely execution.
- Maintain oversight of shared legal inboxes, contract storage, and indexing processes.
- Supervise and support junior contract administration, providing guidance on day-to-day tasks.
- Support legal and business teams by managing process mapping, regulatory/customer enquiries, and biannual contract template updates.
Experience required:
- Undergraduate degree or equivalent qualifications/work experience.
- Prior experience of working within a busy commercial contracts or legal function.
- Ability to manage and prioritise workload and competing deadlines within a fast-paced environment with progressive adaptations as the business grows at pace.
- Performs well in high pressure environment, balancing those competing priorities with strong commitment to delivering results.
- Proven success interacting, influencing and working with multiple functional areas; both internal and external.
- Has built successful working relationships; demonstrated expertise, commitment and follow-through.
- Excellent written and verbal communication skills.
- Proficient in MS Word, Excel, Confluence, MS Teams and PowerPoint.
Working for you:
We know that your wellbeing and happiness are key to a long and successful career. These are some of the benefits we are delighted to offer:
- Generous holiday allowance with the option to buy additional days.
- Health screening, eye care vouchers and private medical benefits.
- Wellbeing programs.
- Life assurance.
- Access to a competitive contributory pension scheme.
- Save As You Earn share option scheme.
- Travel Season ticket loan.
- Electric Vehicle Scheme.
- Optional Dental Insurance.
- Maternity, paternity and shared parental leave.
- Employee Assistance Programme.
- Access to emergency care for both the elderly and children.
- RECARES days, giving you time to support the charities and causes that matter to you.
- Access to employee resource groups with dedicated time to volunteer.
- Access to extensive learning and development resources.
- Access to employee discounts scheme via Perks at Work.
Contract Specialist in Derby employer: LexisNexis Risk Solutions
LexisNexis Risk Solutions is an exceptional employer that prioritises employee wellbeing and professional growth, offering a generous holiday allowance, comprehensive health benefits, and extensive learning resources. The collaborative work culture within the LNRS Insurance Contracts Team fosters strong relationships across various departments, ensuring that every team member contributes to impactful decision-making in a fast-paced environment. With unique advantages such as RECARES days for charitable support and a competitive pension scheme, LexisNexis provides a meaningful and rewarding workplace for those looking to advance their careers in contract management.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Specialist in Derby
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already at LexisNexis. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your contract knowledge. Be ready to discuss how you’ve handled complex contracts in the past and how you can bring that expertise to the team.
✨Tip Number 3
Show off your collaboration skills! Think of examples where you’ve worked with different teams to get things done. This role is all about teamwork, so let them know you’re a team player.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the LexisNexis family.
We think you need these skills to ace Contract Specialist in Derby
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Contract Specialist role. Highlight relevant experience in commercial contracts and any specific skills that match the job description. We want to see how your background aligns with what we do!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team. Keep it concise but engaging, and don’t forget to mention your collaborative spirit!
Showcase Your Attention to Detail:Since this role involves drafting and reviewing contracts, it's crucial to demonstrate your attention to detail. Make sure there are no typos or errors in your application materials. We appreciate precision and clarity!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at LexisNexis Risk Solutions
✨Know Your Contracts
Familiarise yourself with common contract terms and conditions relevant to the insurance industry. Be prepared to discuss how you would interpret these in real scenarios, as this will show your understanding of the role and its requirements.
✨Showcase Your Collaboration Skills
Since the role involves working closely with various teams, think of examples where you've successfully collaborated with others. Highlight your ability to manage relationships and communicate effectively across different departments.
✨Demonstrate Attention to Detail
Prepare to discuss how you ensure accuracy in your work, especially when drafting or reviewing contracts. You might want to share specific instances where your attention to detail made a significant difference in a project.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to contract management. Practice articulating your thought process on how you would handle customer queries or pushbacks, as well as how you would escalate issues when necessary.
