Contract Manager
2 weeks ago
Who Are We?
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Corporate Services/Other, LegalCompensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$104, - $171,Target Openings
1What Is the Opportunity?
As a Contract Manager, you will review, draft, and negotiate a variety of supplier contracts for technology and services under appropriate attorney supervision. In this role, you will work collaboratively with Corporate Procurement, the business, and other stakeholders as part of the vendor contracting process.What Will You Do?
Review, draft and negotiate supplier contracts, including confidentiality agreements, evaluation agreements, hotel and events contracts, equipment lease/purchase and maintenance agreements, telecommunications agreements, website terms and conditions, services agreements, technology agreements, and related documents. Determine appropriate contract templates, modify templates as necessary and develop supplementary contract language as needed for specific supplier transactions. Collaborate with legal resources and Corporate Procurement to identify gaps between proposed contract terms and identified business requirements. Throughout the contract lifecycle, advise on contract provisions or other contract related issues that may arise. Accountable for triaging new deal requests within assigned area of responsibility, including but not limited to assessing risk and complexity, understanding business objectives, assisting in the development and execution of negotiation strategies, and ensuring that contract terms align with organizational goals and achieve desired outcomes. Communicate with legal resources, Procurement and business partners on negotiation strategies and deal status. Respond to inquiries regarding terms in existing contracts, and assist business partners in understanding contract provisions. Initiate and participate in various projects and identify opportunities to support department and organization goals and requirements. Manage workflows, documents, use various software applications. Oversee lower complexity contract review and negotiation performed by external resources; suggest updates and modifications to playbooks and processes. Perform other duties as assigned.What Will Our Ideal Candidate Have?
Bachelor's degree and/or equivalent experience. Experience reviewing, drafting and negotiating supplier contracts, including confidentiality agreements, evaluation agreements, data licensing, technology-related contracts, statements of work and similar ordering documents, amendments and addenda. Experience with technology products and services agreements, including data security terms, and software license and maintenance agreements, professional services agreements, telecommunications agreements and orders, software-as-a-service agreements, and equipment lease/purchase and maintenance agreements. Experience negotiating general services agreements, including events and hotel, and training agreements. Experience with self-service contracts and related workflow processes and platforms. Strong written and verbal communication skills and analytical skills enabling timely and proactive identification and communication of contract-related issues and risks. Comfortable with and committed to being part of a data informed legal team. Strong planning, negotiating, organizing, and documenting skills. Strong analytical skills with ability to analyze complex situations and solve problems to meet business objectives. Demonstrated strong interpersonal skills with a focus on client service enabling interaction with various stakeholders to identify issues and recommend solutions.What is a Must Have?
Five years' experience in reviewing/drafting contracts or comparable experience.What Is in It for You?
Health Insurance : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment. Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.Employment Practices
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
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