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 insurance solutions.
- Benefits: Enjoy generous holidays, health benefits, and extensive learning resources.
- Other info: Dynamic team culture with opportunities for 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.
We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form or please contact 1-855-833-5120.
We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.
Contracts Specialist in Nottingham employer: LexisNexis Risk Solutions
At LexisNexis Risk Solutions, we pride ourselves on being an exceptional employer that values collaboration, innovation, and employee well-being. Our Contracts Specialist role offers a dynamic work environment where you can thrive alongside a dedicated team, with access to extensive learning resources, generous benefits, and a strong commitment to your professional growth. Located in a vibrant area, we foster a culture of inclusivity and support, ensuring that every employee feels valued and empowered to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Contracts Specialist in Nottingham
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching LexisNexis Risk Solutions and understanding their insurance solutions. Tailor your answers to show how your skills align with their needs, especially in contract management and collaboration.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience in commercial contracts makes you the perfect fit for the role. Keep it concise and focus on your ability to manage competing priorities under pressure.
✨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 team at LexisNexis Risk Solutions.
We think you need these skills to ace Contracts Specialist in Nottingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Contracts Specialist role. Highlight your relevant experience in commercial contracts and any specific 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 clear examples from your past work where you’ve successfully managed complex documents or processes. We love candidates who can spot the little things!
Communicate Clearly:Your written communication skills are key for this position. Ensure your application is well-structured and free of errors. We appreciate clarity and professionalism, so make sure your personality shines through while keeping it polished!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. Don’t miss out on this opportunity!
How to prepare for a job interview at LexisNexis Risk Solutions
✨Know Your Contracts Inside Out
Before the interview, brush up on your knowledge of commercial contracts. Familiarise yourself with common terms and conditions, as well as any specific clauses that might be relevant to LexisNexis Risk Solutions. This will help you demonstrate your expertise and confidence during discussions.
✨Showcase Your Collaboration Skills
Since the role involves working closely with various teams, be prepared to share examples of how you've successfully collaborated in the past. Highlight situations where you’ve navigated complex stakeholder relationships or resolved conflicts, as this will show your ability to thrive in a busy environment.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle customer queries or pushbacks. Think of specific scenarios from your previous experience where you had to interpret contractual requirements or manage competing deadlines, and be ready to discuss them in detail.
✨Demonstrate Attention to Detail
Attention to detail is crucial for this role. During the interview, mention instances where your meticulous nature has led to successful outcomes, such as catching errors in contracts or ensuring compliance with regulations. This will reinforce your suitability for the position.
