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Verisk

Builds data and risk software for insurers

Contract Specialist

Contract ManagementConfirmed live in the last 24 hours
Full-timeHyderabad, Telangana, IndiaNo salary listed

About the Job

Requirements

  • A bachelor's degree in business, law, procurement, or a related field, or equivalent relevant professional experience.
  • Five to ten years of experience in enterprise contract administration, including MSAs, Agreements for Services, License Agreements, Data, Cloud and AI Agreements, Statements of Work, Order Forms, 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.
  • Ability to manage multiple contracts and priorities simultaneously with high attention to detail.
  • Communication and stakeholder-management skills, with experience operating in a global, cross-functional environment.
  • Ability to work independently remotely and be available between 9:00 a.m. and 5:00 p.m. US EST.
  • Ability to independently manage contracts through execution, escalate legal or risk issues appropriately, and maintain accurate documentation in contract management systems.

Responsibilities

  • Review and validate incoming SSP contract requests submitted in ServiceNow.
  • Confirm request type, including NDA, MSA, License Agreement, Statement of Work, or amendment, and ensure all required information is provided.
  • Communicate with requesters to obtain or clarify missing details and correct ticket entries before drafting.
  • Use Verisk-approved templates and apply appropriate clauses using the SSP Contract Clause Playbook, US MSA Playbook, and US Insurance Playbook.
  • Complete template fields accurately, including supplier details, commercial terms, and risk-related requirements.
  • Incorporate guidance from prior redlines, negotiations, and best practices shared within SSP.
  • Route non-standard terms to Legal via the Legal Front Door Smartsheet ticket and to Privacy, Security, Insurance, Compliance, or Procurement teams as needed.
  • Track review timelines and follow up with internal teams to progress contract workflows.
  • Record communications and actions in ServiceNow.
  • Send drafts and redlines to suppliers in accordance with Verisk standards.
  • Support negotiations by identifying non-standard terms and escalating them appropriately.
  • Facilitate alignment between supplier feedback and internal stakeholder expectations.
  • Prepare final documents for signature through DocuSign or Icertis.
  • Confirm required internal approvals before sending documents for signature.
  • Store executed agreements in the Icertis repository and attach them to ServiceNow tickets.
  • Update ServiceNow with detailed notes, final documents, and completion confirmation.
  • Close tickets only after verifying that the executed contract is stored and all required steps have been followed.
  • Maintain a complete audit trail according to SSP process standards.
  • Partner with SSP leadership, Contract Specialists, Category Managers, and requesters across Verisk business units.
  • Participate in knowledge-sharing sessions, calibration meetings, and process-improvement discussions.

Desired 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 negotiating contract terms.

About the Company

Verisk

Builds data and risk software for insurers

Verisk sells data, analytics, and software to insurers, reinsurers, and insurance intermediaries that assess risk and settle claims. Its tools support insurance pricing and policy development, catastrophe modeling, and claims investigation, combining industry records with scientific models and specialized applications. Xactimate calculates property repair estimates, while other platforms compare claims to identify suspected fraud and model losses from natural disasters. Customers pay through hosted subscriptions, transaction fees, and advisory services, with software and data integrated into their underwriting and claims workflows. Verisk traces its operating roots to 1971 and is headquartered in Jersey City, New Jersey.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Jersey City, NJ
Founded
1971

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