Contract Specialist

The SSP Contract Specialist is responsible for managing the full contract lifecycle for Verisk supplier engagements, from ServiceNow intake through drafting, negotiation support, routing for review, execution, and repository storage. This role requires strong attention to detail, the ability to apply SSP contract playbooks, and the capability to coordinate with internal partners across Legal, Privacy, Security, Insurance, Compliance, and business stakeholders.

This position is partially remote and requires strong independence, reliability, and clear communication, given the distributed nature of the SSP team and our global stakeholders.

Contract Intake & Validation (ServiceNow SSP Queue)

• Review and validate incoming SSP contract requests submitted in ServiceNow.
• Confirm request type (NDA, MSA, LA, SOW, Amendment) and ensure all required information is provided.
• Communicate with requesters to obtain and clarify missing details or correct ticket entries prior to drafting.

Review of Standard Contract Types

• Use Verisk-approved templates and apply appropriate clauses using:

o SSP Contract Clause Playbook

o US MSA Playbook

o US Insurance Playbook

• Ensure accurate completion of template fields, supplier details, commercial terms, and risk-related requirements.
• Incorporate guidance from prior redlines, negotiations, and best practices shared within SSP.

Cross-Functional Routing & Approvals

• Route non-standard terms to:

o Legal via Legal Front Door (LFD) Smartsheet ticket

o Privacy, Security, Insurance, Compliance, or Procurement teams as needed

• Track review timelines and follow up with internal teams to ensure progression of contract workflows.
• Record all communications and actions in ServiceNow.

Supplier Communication & Negotiation Support

• Send drafts and redlines to suppliers while maintaining professionalism and consistency with Verisk standards.
• Support negotiations by identifying non-standard terms and escalating them appropriately.
• Facilitate alignment between supplier feedback and internal stakeholder expectations.

Signature & Execution

• Prepare final documents for signature through DocuSign or Icertis.
• Confirm all required internal approvals have been obtained prior to sending for signature.
• Ensure executed agreements are properly stored in the Icertis repository and attached to ServiceNow tickets.

Ticket Closure & Documentation

• Update ServiceNow with detailed notes, final documents, and confirmation of completion.
• Close tickets only after verifying that the executed contract is stored and all steps have been followed.
• Maintain a complete audit trail according to SSP process standards.

Cross-Team Collaboration

• Partner closely with SSP leadership, Contract Specialists, Category Managers, and requesters across Verisk business units.
• Participate in knowledge-sharing sessions, calibration meetings, and process improvement discussions.
• Bachelor’s degree in business, Law, Procurement, or a related field, or equivalent relevant professional experience
• 5-10 years of experience in enterprise contract administration, including MSAs, Agreements for Services (AFS), License Agreements, Data, Cloud and AI Agreements, Statements of Work (SOWs), Order Forms (OFs), and RFPs
• Fluency in English, both written and verbal
• Strong understanding of contract terminology, workflow sequencing, and end to end contract review processes in both English and German is a must.
• High attention to detail with the ability to manage multiple contracts and priorities simultaneously
• Strong communication and stakeholder management skills, with experience operating in a global, cross functional environment
• Ability to work independently at a remote capacity, with availability between 9:00 a.m. and 5:00 p.m. US EST.
• Demonstrated ability to independently manage contracts through execution, escalate legal or risk issues appropriately, and maintain accurate documentation in contract management systems

Preferred Qualifications

• Experience with Oracle, Icertis, DocuSign, ServiceNow, or similar contract systems.
• Prior experience applying contract playbooks or negotiating standard agreements.
• Comfort supporting stakeholder meetings and supplier discussions.
• Experience with negotiation of contract terms.