LexisNexis Risk Solutions
Contract Specialist
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Contract Specialist
About LexisNexis Risk Solutions
LexisNexis Risk Solutions is the essential partner in assessing risk. Within our Insurance vertical, we provide customers with solutions and decision tools that combine public and industry-specific content with advanced technology and analytics to assist them in evaluating and predicting risk while enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle and reduce risk.
Learn more about LexisNexis Risk.
About the Team
This position is part of the LexisNexis Risk Solutions (LNRS) Insurance Contracts Team, which operates within Operations. The team collaborates closely with Sales, Legal, Product, and Analytics to ensure:
- Accurate capture and documentation of deals
- Approval and drafting of contracts based on agreed commercials
- Tracking of non-standard provisions
With a busy workload and multi-stakeholder involvement, collaboration and attention to detail are critical.
About the Role: Commercial Contracts Executive
The Commercial Contracts Executive will provide contract support to LexisNexis Risk Solutions’ Insurance business, operating as part of the Operations team. This role ensures compliance with commercial contract terms while offering credible and trustworthy guidance to the business in collaboration with the Legal team.
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Key Responsibilities
Contract Drafting & Governance
- Provide basic commercial advice and interpret contractual requirements.
- Draft, review, and prepare standard contract documents, including:
- Orders
- Amendments
- Schedules
- SLAs (Service Level Agreements)
- Appendices
- Approved term modifications.
- Manage customer queries and pushbacks, escalating issues to Legal or stakeholders as necessary.
- Maintain accurate decision tracking and attends internal governance forums (e.g., Deal Review Board).
Process & Workflow Support
- Ensure the correct use of contract governance tools (e.g., DocuSign, approval forms, trackers, reporting) for timely execution.
- Oversee shared legal inboxes, contract storage, and indexing processes.
- Support process mapping across Legal, analytical, and operational teams.
Stakeholder & Team Support
- Provide guidance to junior contract administrators on day-to-day tasks.
- Contribute to regulatory/customer enquiries and assisted with biannual contract template updates.
Experience & Qualifications
Essential Requirements
- Undergraduate degree or equivalent qualifications / work experience.
- Prior experience in busy commercial contracts or legal functions.
- Ability to manage competing workloads and deadlines in a fast-paced, growing environment.
- Proven high-pressure performance, balancing priorities while delivering results.
- Strong skills in interfacing with multiple functional areas (internal and external).
- Demonstrated ability to build and maintain working relationships with expertise, commitment, and follow-through.
- Excellent written and verbal communication skills.
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Technical Proficiency
- MS Word, Excel, Confluence, MS Teams, and PowerPoint.
Benefits for Employees
Wellbeing & Support
- Competitive holiday allowance with additional days available.
- Health screening, eye care vouchers, and private medical benefits.
- Wellbeing programs and optional life assurance.
Perks & Growth
- Access to contributory pension scheme and Save As You Earn share options.
- Travel season ticket loan and Electric Vehicle (EV) Scheme.
- Optional dental insurance.
- Comprehensive family leave policies, including:
- Maternity, paternity, and shared parental leave.
- Emergency care support for both elderly and children.
- RECARES days to support charities of your choice.
- Access to employee resource groups with dedicated volunteer time.
Rewards & Professional Development
- Employee Assistance Programme.
- Access to extensive learning and development resources.
- Employee discounts through Perks at Work.
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