Mercury Insurance · 1 day ago
Lead Contracts Specialist
United States
Contract
Remote
Senior Level, Lead/Staff
$94K/yr - $179K/yr
8+ years expMercury Insurance is dedicated to helping people reduce risk and overcome unexpected events. They are seeking a Lead Contracts Specialist to oversee vendor contracts, lead negotiations, and ensure compliance with procurement policies while providing expertise in the vendor lifecycle procurement process.
Insurance
Responsibilities
Assist business units, as required, with sourcing efforts, RFP generation, source evaluations, source selection recommendations, vendor negotiations, contract award, contract maintenance and retention, post award supplier management, invoicing/payment reviews and contract close out
Support business units with monitoring of the subcontract terms including SLAs, schedule progress, invoices and payments. Assists with change order issuance, work statement modifications and contract disputes
Interfaces with all levels of business unit management as the focal point for procurement knowledge, practices, policy and governance
Perform training activities for company personnel unfamiliar with company procurement systems, Coupa and Concur
Works directly with any senior leadership team members, company General Counsel, and other business unit executives to review and successfully negotiate vendor contract terms and conditions
Other functions as assigned by Corporate Procurement Manager
Regular attendance at work on a full-time schedule of at least 8 hours per day and 40 hours per week
Qualification
Required
Bachelor's degree in business, Finance, Indirect purchasing, or related field (required)
8 - 10 years' related experience in purchasing/procurement or contract management
Leadership experience involves extensive work with the following vendor types: Information Technology, Non-IT (NIT) - Professional Services, Legal, Human Resources
Acting as a subject matter expert for procurement and contract management
Contract Lifecycle Management, drafting, reviewing, and negotiating complex contracts (e.g., supplier agreements, service contracts, NDAs)
Ensuring compliance with organizational policies and legal requirements
Must have excellent written and verbal communication skills required to professionally represent the Company and purchasing department to vendors and employees
Strategic sourcing & Procurement, leading sourcing initiatives for high-value or strategic categories
Assisting in the development of RFPs/RFQs and managing competitive bidding processes
Risk management, identifying contractual risks and implementing mitigation strategies
Managing disputes and resolving contractual issues effectively
Vendor relationship management, building and maintaining strong supplier partnerships
Assist in monitoring supplier performance and enforcing contractual obligations
Regulatory and compliance knowledge, familiarity with procurement regulations, industry standards, and government contracting requirements
Ensuring adherence to ethical and compliance frameworks
Financial and commercial acumen, conducting cost analysis and total cost of ownership evaluations when required
Supporting budgeting and forecasting related to procurement contracts
Project Management experience including vendor oversite and schedule maintenance
Diligent and proactive with sound business judgment and strategic thinking
Ability to build collaborative working relationships with internal customers, other company organizations and vendors
Process improvement, implementing best practices for contract administration
Working knowledge in ERP Systems (e.g., Coupa, AI and CLM tools) to streamline workflows etc
Working knowledge of Concur Travel and Expense Management Software, MS applications PowerPoint, Excel, Word, Outlook
Leadership and mentorship, guiding junior team members and contributing to policy development
Preferred
Master's or JD degree
Professional certifications (e.g., CSCP, CPIM, CPM)
Benefits
Competitive compensation
Flexibility to work from anywhere in the United States for most positions
Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
Medical, dental, vision, life, and pet insurance
401 (k) retirement savings plan with company match
Engaging work environment
Promotional opportunities
Education assistance
Professional and personal development opportunities
Company recognition program
Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more
Company
Mercury Insurance
Mercury Insurance has offered quality insurance for personal auto insurance to homeowners insurance to mechanical breakdown protection.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1985-11-29IPO
Leadership Team
T
Ted Stalick
SVP & CFO
V
Victor Joseph
President & Chief Operating Officer
Recent News
2025-12-18
2025-12-04
2025-11-25
Company data provided by crunchbase