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 37800 - 46200 £ 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 Executive position will provide contract support to the Lexis Nexis 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 providing 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. Docu Sign, 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 - FTC 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.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Specialist - FTC in Mansfield
✨Get Involved in Legal Networking Events
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We think you need these skills to ace Contract Specialist - FTC in Mansfield
Some tips for your application 🫡
Show Off Your Legal Know-How:In the legal services world, it's all about demonstrating your understanding of relevant laws and regulations. Make sure your CV highlights your legal training, internships, or any relevant projects you've worked on. If you've done any mooting or legal research, include those too - they can really set you apart!
Tailor Your Application for the Temp Role:Since this is a temporary position, your application should stress your adaptability and readiness to jump in right away. Highlight any previous temp roles where you quickly got up to speed, or any diverse experiences that show you can handle a variety of cases or tasks with ease.
Keep it Specific with Your Documents:Make sure your application includes essential legal documents, such as any relevant certifications or memberships in legal bodies. These can add credibility to your CV and show that you're serious about the profession – especially useful in a competitive field like law!
Express Your Enthusiasm in the Cover Letter:Your cover letter is a golden opportunity to express your enthusiasm for the role and the organisation. Let them know why you’re excited about this temporary position with LexisNexis Risk Solutions and how you're motivated to contribute to their success during your limited time with them!
How to prepare for a job interview at LexisNexis Risk Solutions
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Prepare to discuss your understanding of legal terminology and concepts that might come up during the interview for the Contract Specialist - FTC role at LexisNexis Risk Solutions. Brush up on relevant laws or recent cases that could be pertinent to the temporary position, as they'll likely appreciate candidates who can think on their feet and adapt to the fast-paced legal environment.
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Since this is a temporary role, employers want to know you can hit the ground running. Be ready to highlight past experiences where you've had to quickly adapt to new tasks or work cultures. Flexibility is key in a short-term position like this, so share specific examples that demonstrate your ability to manage changing priorities efficiently.
✨Prepare for the Casework Challenge
You might face hypothetical scenarios where you'd have to advise on a legal issue or case. Practice articulating your thought process clearly, as interviewers in the legal sector often expect candidates to walk them through their reasoning step-by-step. This will not only showcase your legal acumen but also demonstrate your communication skills, which are crucial in law.
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If you have any relevant work samples, such as briefs, contracts, or legal research, this is your chance to shine! Be ready to discuss what you did, what challenges you faced, and the outcomes. This speaks volumes more than just listing your skills; it shows you're proactive and results-oriented, which is essential for a temporary role at LexisNexis Risk Solutions.
