At a Glance
- Tasks: Support the entire customer contract lifecycle and ensure accurate contract management.
- Company: Join LexisNexis Risk Solutions, a leader in risk assessment and insurance solutions.
- Benefits: Enjoy generous holidays, health benefits, and opportunities for personal development.
- Other info: Collaborative team environment with excellent career growth potential.
- Why this job: Make an impact by managing contracts that drive better data-driven decisions.
- Qualifications: Experience in contract administration and strong communication skills required.
The predicted salary is between 33075 - 40425 £ per year.
About the Business
Lexis Nexis 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.
You can learn more about Lexis Nexis Risk at the link below.
https://risk. lexisnexis. com
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 Analyst will provide operational support across the full customer contract lifecycle within the Lexis Nexis Risk Solutions Insurance business.
The role is primarily focused on contract creation, administration, execution and governance activities, whilst also supporting the implementation of contractual commercial terms into finance and billing systems.
The successful candidate will act as a key link between Commercial Contracts, Legal, Sales, Finance, Billing Operations and Delivery teams, ensuring contracts are accurately drafted, executed and maintained while supporting billing and revenue processes.
This role is ideal for an individual with strong contract management skills, commercial awareness, attention to detail and the ability to manage multiple priorities in a fast-paced environment.
Responsibilities
- Contract Creation & Commercial Support (70%)
- Prepare and manage customer contract documentation including Orders, Amendments, Statements of Work, Schedules, SLAs and Product Appendices.
- Draft agreements using approved templates and clause libraries.
- Manage contract review and approval processes.
- Coordinate contract execution through Docu Sign and internal governance workflows.
- Maintain contract repositories, trackers and reporting tools.
- Support Deal Review Board activities and governance processes.
- Manage customer and internal contractual queries.
- Liaise with Legal on non-standard contractual requests.
- Support contract renewal and amendment activities.
- Create and maintain process documentation and contract playbooks.
- Monitor contractual obligations, expirations and key milestones.
- Billing & Revenue Support (30%)
- Review executed contracts and translate commercial terms into billing instructions.
- Support setup of customer billing arrangements within finance systems.
- Validate contract pricing and invoicing schedules.
- Support annual renewal billing activities.
- Process amendments affecting invoicing and billing schedules.
- Assist with monthly billing validation and exception resolution.
- Support commercial audits and billing controls.
- Process Improvement & Stakeholder Management
- Identify opportunities to strengthen contract lifecycle controls and handoffs into billing.
- Build strong relationships across Commercial Contracts, Legal, Finance, Sales, Product, Operations and Delivery teams.
- Support the development of reporting, tracking and operational metrics for contract status, renewals and billing readiness.
Requirements
Essential
- Experience in contract administration, legal operations or commercial contract management.
- Experience drafting or managing commercial agreements.
- Strong stakeholder management skills.
- Excellent written communication and attention to detail.
- Ability to interpret commercial terms and conditions.
- Experience working with document management and e-signature platforms.
- Ability to manage multiple priorities and competing deadlines.
Desirable
- Exposure to billing, invoicing or revenue operations.
- Knowledge of contract lifecycle management systems.
- Understanding of contract-to-cash processes.
- Experience within subscription or Saa S environments.
- Working knowledge of Excel, Salesforce, Oracle or similar ERP/billing systems.
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
Commercial Contracts Analyst in Mansfield employer: LexisNexis Risk Solutions
At ICIS, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and accountability. Our commitment to employee well-being is reflected in our generous benefits package, extensive learning opportunities, and a supportive environment that encourages personal and professional growth. Join us in our mission to optimize the world's resources while enjoying a fulfilling career in a globally distributed team that values your insights and contributions.
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Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at LexisNexis Risk Solutions, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
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Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
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