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 extensive learning opportunities.
- Other info: Dynamic team culture with opportunities for personal and professional growth.
- 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 and organisational skills.
The predicted salary is between 35000 - 45000 € 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:
- 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 Nottingham employer: LexisNexis Risk Solutions
LexisNexis Risk Solutions is an exceptional employer, offering a dynamic work environment where collaboration and attention to detail are paramount. With a strong focus on employee wellbeing, the company provides generous benefits including health screening, a competitive pension scheme, and extensive learning opportunities, all while fostering a culture of support and growth. Located in a fast-paced industry, employees can thrive in their roles while contributing to meaningful projects that enhance operational efficiency in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Contract Specialist in Nottingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at LexisNexis. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by understanding the company’s values and how they align with your skills. We want to see how you can contribute to our team, so be ready to share specific examples from your past experiences.
✨Tip Number 3
Showcase your attention to detail! In a role like Contract Specialist, it’s crucial. Bring along examples of your work or discuss how you've managed complex contracts in the past during your interviews.
✨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, we love seeing candidates who take that extra step!
We think you need these skills to ace Contract Specialist in Nottingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Contract Specialist role. Highlight your experience in commercial contracts and any relevant skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Attention to Detail:Since this role involves drafting and reviewing contracts, it’s crucial to demonstrate your attention to detail. Use specific examples from your past work where you’ve successfully managed complex documents or processes. We love a candidate who can spot the little things!
Communicate Clearly:Your written communication skills are key for this position. Ensure your application is clear, concise, and free of errors. We appreciate candidates who can convey their thoughts effectively, as this will be essential when collaborating with various teams.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
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. Being able to discuss specific clauses and their implications will show that you understand the role and can provide valuable insights.
✨Showcase Your Collaboration Skills
Since this role involves working closely with various teams, prepare examples of how you've successfully collaborated in the past. Highlight your ability to communicate effectively with different stakeholders and how you’ve navigated any challenges.
✨Demonstrate Attention to Detail
Bring along examples of your previous work that showcase your attention to detail, especially in drafting or reviewing contracts. Discuss how you ensure accuracy and compliance in your work, as this is crucial for the role.
✨Prepare for Scenario Questions
Anticipate questions about how you would handle specific contract-related scenarios, such as managing customer pushbacks or prioritising competing deadlines. Practising your responses will help you articulate your thought process clearly during the interview.
