V

Verisk

Builds data and risk software for insurers

Contract Administrator

Full-Time
No salary listed
Senior
Bachelor's, JD
New York, NY, USA+1 moreMore locations: Lehi, UT, USA
Hybrid
Contract Management

About the job

Requirements
  • Bachelor’s degree required and JD degrees preferred, with 5+ years of experience reviewing, drafting, negotiating, and managing contracts
  • Bar admission is advantageous but not required
  • Ability to think logically and quickly, with ability to promptly resolve and turn around contracts
  • Strong written and verbal communication skills
  • Superb understanding of contract law, contract language and principles, and applicable legislation
  • High degree of understanding of common issues and concerns with services, sales departments, and complex customers
  • Must excel in working in a highly collaborative environment while independently managing a large workload
  • Self-driven and must exhibit initiative and assertiveness in obtaining information needed to proceed with requests and assignments
  • Independently accomplish contract matters and tasks with limited supervision by a senior contract attorney
  • Excellent project management skills with superior attention to detail; strong organization, facilitation, time management, planning, problem solving, and analytical skills required
  • Outstanding interpersonal and relationship building skills, with the ability to mentor and advise new and/or more junior contract administrators
  • Strong organizational skills with the ability to prioritize and be detail-orientated to effectively and efficiently manage responsibilities
  • Possess the highest level of integrity and sensitivity to confidential information
  • Superior communication skills, both oral and written, and the ability to liaise comfortably with all levels of staff and management
  • Ability to pivot and adapt to changing situations or urgent requests that may arise with little or no notice
  • Process-forward and technically competent with various software programs, including but not limited to: Microsoft Office web-based and desktop applications (Word, Excel, PowerPoint, Outlook, Teams, SharePoint), as well as CRM and CLM systems

About the company

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, New Jersey

Founded

1971

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Simplify Jobs

Simplify's Take

What believers are saying

  • Core demand is expanding: July 2026 results showed Verisk's subscriptions growing 8% excluding currency and portfolio changes.
  • Recurring contracts support stability: subscriptions generated 84% of Verisk's insurance revenue in the first half of 2026.
  • Career progression has a map: Verisk's Career Framework links employee skills to job functions and grades.

What critics are saying

  • Data suppliers hold leverage: Verisk's contracts are short term, and some suppliers also compete with it.
  • Technology teams face a handoff: Verisk's CIO role moved to interim leadership in August 2026.
  • Merger execution faced court intervention: August 2026 ruling ordered Verisk to pursue AccuLynx approval and pay direct costs.

What makes Verisk unique

  • Insurance rulebooks are a product: Verisk's ISO library contains more than 30,000 standardized policy forms and resources.
  • Repair pricing is local: Verisk's estimating data covers more than 460 markets using completed jobs and cost research.
  • Its data has a field operation: Verisk deploys about 500 US representatives to inspect properties and community protections.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

17%

2 year growth

17%
U.S. Securities and Exchange Commission
Oct 13th, 2026
Form 8-K

Registrant’s telephone number, including area code: (201) 469-2000

Yahoo Finance
Oct 13th, 2026
Services stocks: IonQ and Motorola Solutions to watch, Verisk to avoid

Business services stocks have gained 19.6% over the past six months, 6.1 percentage points ahead of the S&P 500, according to StockStory. It names two stocks to watch and one to avoid, warning that the sector is sensitive to the wider economy. Motorola Solutions (NYSE:MSI), valued at $73.86 billion, grew revenue 9.2% annually over five years. Its free cash flow margin is 18.9%, and its shares trade at $447.72, or 24.5x forward earnings. IonQ (NYSE:IONQ), a quantum computing company worth $14.41 billion, grew revenue 181% annually over two years. Projected growth for the next 12 months is 166%, and shares trade at $36.28. The stock to avoid is Verisk (NASDAQ:VRSK), worth $23.1 billion. Its revenue grew just 1.7% annually over five years, and earnings per share rose 8% annually over two years.

Yahoo Finance
Oct 5th, 2026
Solera and Verisk link UK motor insurance claims data directly to 3,000 repair shops to cut waiting times

Solera and Verisk have launched an integration connecting Verisk's IVI Total Loss solution with Solera's Audatex estimating platform to streamline motor insurance claims in the UK. The system allows customer information and vehicle images captured at First Notification of Loss to flow directly to repairers, eliminating duplication and enabling earlier action on claims. Nearly 3,000 UK repairers using Audatex now receive instant access to FNOL images, allowing them to prepare labour and materials before vehicles arrive. This early visibility supports faster triage, improved planning and earlier parts ordering, reducing delays in the repair process. The integration improves claims accuracy and operational efficiency by ensuring critical data flows seamlessly between insurers and their approved repairer networks, helping accelerate the overall repair journey for customers.

Yahoo Finance
Aug 18th, 2026
APA leads with 67.7% margin while Verisk and Bunge Global face growth challenges

APA Corporation, an oil and gas exploration and production company operating in the US, Egypt, and the UK North Sea, has been highlighted for its strong fundamentals. The company posted a 40% operating margin and demonstrated 4.8% annual revenue growth over the past decade, exceeding sector averages. APA's revenue base stands at $8.37 billion, with a gross margin of 67.7%. Meanwhile, Verisk Analytics and Bunge Global were flagged as questionable investments despite profitability. Verisk showed 1.7% annual sales growth over five years, whilst Bunge Global faces flat demand forecasts and a 5.4% gross margin. APA trades on NASDAQ, Verisk at $175.53 per share, and Bunge Global at $115.00 per share.

Yahoo Finance
Aug 7th, 2026
Verisk Analytics CEO sells $550K in shares under pre-arranged trading plan

Verisk Analytics CEO Lee Shavel sold 2,500 shares of common stock for $550,000 on 29 July 2026, according to an SEC filing. The shares were sold at a weighted average price of $220.00. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Shavel in December 2025. Such plans allow company insiders to sell predetermined numbers of shares at set times whilst avoiding concerns about trading on material non-public information. Following the sale, Shavel retains a direct position of 98,490 shares in the company. Verisk Analytics has a market capitalisation of $26.3 billion and reported trailing twelve-month revenue of $3.1 billion. The company provides data analytics and predictive insights for risk assessment across insurance, banking, and financial services sectors.