37 applicants

Company

ICW Group · 7 hours ago

Contract Specialist

Midwest - Remote

Full-time, Contract

Remote

Mid, Senior Level

$75K/yr - $126K/yr

5+ years exp

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Financial ServicesInsurance

Growth Opportunities

H1B Sponsor Likely

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Responsibilities

Fosters effective procurement contract negotiations to ensure alignment with company risk tolerances.

Develops negotiation strategies and leads negotiations of complex contract provisions.

Drafts, reviews, analyzes and negotiates contract agreements and exhibits, ensuring all critical terms, conditions, and specifications are clearly identified, defined, aligned, accurate and complete.

Ensures contracts meet organizational objectives, standard terms are aligned to all applicable proposals and meet ICW policies, legal requirements, and industry standards.

Coordinates with various internal stakeholders including legal, information security, compliance, and third-party risk departments to develop and negotiate complex contracts.

Develops an understanding of the needs of internal stakeholders to generate creative solutions and persuasive arguments that deliver effective and timely contract results.

Collaborates with internal stakeholders to gather necessary information to address concerns related to contract terms with corporate strategies and business objectives.

Identifies potential risks and liabilities within new and existing contract exhibits and proactively recommends modifications or approaches to mitigate risks.

Evaluates existing contracts and proposes improvements to reduce risk, enhance efficiency and profitability.

Provides assistance to internal stakeholders throughout contract lifecycle following contract management and administration principles.

Resolves contractual conflicts between vendors and company.

Supports the complete contract lifecycle, from drafting and discussion to execution and renewal. Identify and engage with external vendors or service providers to handle specific aspects of the contracting process.

Responsible for a broad range of standard commercial contracts including complex and/or high dollar engagements for Infrastructure, Cloud, and Networking, Professional Services, Facilities, Real Estate, etc.

Fosters effective procurement contract operations to ensure alignment with company policies and procedures.

Maintains records to demonstrate that proper protocol was followed in the contracting processes.

Maintains a database of contracts and related metadata including key terms and obligations.

Designs, tracks and reports on metrics applicable to contract processing and related activities.

Continuously provides feedback to the team on potential improvements to templates and processes to increase efficacy and efficiency.

Serves as the initial point of contact for contract-related inquiries.

Manages and improves contract management tools and repositories, and ensures accurate documentation, organization, version control, and maintenance of contract files, including tracking milestones and obligations.

Establishes and fosters strong partnership with Category Management team members, internal stakeholders and vendors, acting as a business partner and liaison to drive innovation and efficiency in contracting operations.

Train and coach Category Management team & internal stakeholders on contract negotiation, and contract best practices.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Contract negotiationComplex commercial contractsLegal principlesPrivacy regulationsContract management softwareMicrosoft Office SuiteTraining skills

Required

Bachelor's degree from four-year college or university required in Business, Economics, or related field.

Minimum 5 years of experience negotiating complex commercial contracts.

Experience negotiating complex Cloud, SaaS and Software agreements, business process outsourcing agreements, lease agreements, real estate agreements.

Experience with Privacy and Compliance regulations.

Knowledge and application of contracting and supply management principles.

Understanding of legal principles and regulatory requirements.

Ability to learn the business and proactively identify and analyze opportunities and risks.

Collaborative team player with strong interpersonal skills.

Demonstrated training or mentoring skills.

Excellent negotiation, verbal and written communication skills.

Analytical mindset with the ability to interpret contractual terms and assess potential financial impacts.

Ability to use data to measure results.

Proficiency in Microsoft Office Suite and other contract management software.

Experience negotiating and managing commercial vendor contracts.

Ability to proactively identify areas for improvement and create new procedures and workflows.

Demonstrated organizational and time management skills with proven ability to manage multiple competing priorities simultaneously.

Ability to prioritize and effectively set and balance expectations.

Ability to work in a fast-paced environment with high attention to detail.

Preferred

JD preferred.

Paralegal certification preferred.

Certifications in contracting preferred, i.e., Certified Contract Manager (CCMA), Certified Professional Contracts Manager (CPCM), Certified International Commercial Contracts Manager (CICCM).

Benefits

Generous medical, dental, and vision plans

401K retirement plans and company match

Bonus potential for all positions

Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year)

10 paid holidays throughout the calendar year

We’ll support you 100%

Company

ICW Group

Glassdoor

4.0

Thank you for visiting ICW Group Insurance Companies, a leading national group of insurance carriers offering a range of product offerings, including workers’ compensation, catastrophe, general liability and property insurance, and assumed reinsurance.

Founded in 1972

San Diego, California, USA

1,001-5,000 employees

https://www.icwgroup.com

H1B Sponsorship

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Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (14)

2022 (18)

2021 (26)

2020 (10)