Contracts Specialist, Insurance

Date Posted:2025-10-17Country: United States of AmericaLocation: OTFLH: Florida Home Offices Remote Location, Remote City, FL, 33408 USARole introduction:Moving people. Shaping the future. At Otis, we take pride in leading the industry we founded – elevators, escalators and moving walkways. We became an independent, publicly traded company in early 2020 and are excited about our future as we implement our Otis Vision Statement: We give people freedom to connect and thrive in a taller, faster, smarter world. We feel there has never been a better time to join our team.Otis Worldwide Corporation is seeking a dynamic and experienced Contracts Specialist, Insurance to join our team. This role will support Otis’s business operations across the United States and Canada by managing insurance-related contract language and risk transfer strategies. This role ensures contractual compliance with Otis’s insurance standards and mitigates risk exposure through effective negotiation and collaboration with internal and external stakeholders.This position reports directly to the Senior Manager, Contracts and will be remote.Key Responsibilities:Review and negotiate insurance and indemnity provisions in customer, vendor, and subcontractor contracts specific to U.S. and Canadian jurisdictions.Ensure alignment with Otis’s corporate insurance program and local regulatory requirements.Collaborate with Legal, Procurement, Operations, and Risk Management teams to advise on insurance-related contract terms.Coordinate with brokers and insurers to obtain certificates of insurance, endorsements, and policy documentation.Support claims and litigation teams by identifying contractual obligations and insurance coverage triggers.Maintain clause libraries and templates tailored to U.S. and Canadian operations.Monitor changes in insurance regulations and industry standards across both countries.Provide training and guidance to internal teams on insurance contract best practices.Enroll Otis in Contractor or Owner-controlled insurance programs (CCIP/OCIP Enrollment).Review CCIP/OCIP manuals and provide guidance to the contracts team on necessary contractual CCIP/OCIP clarifications or redlines.To be successful, you’ll need the following qualifications:Bachelor’s degree in Business, Risk Management, Legal Studies, or related field; JD or professional insurance designation (e.g., CPCU, ARM) preferred.7 years of experience in insurance contract review, preferably within the U.S. and/or Canadian markets.Strong understanding of commercial insurance lines (GL, Auto, WC, Umbrella, Professional Liability).Familiarity with contractual risk transfer and insurance certificate management.Excellent negotiation, communication, and analytical skills.Ability to work independently and manage multiple priorities in a fast-paced environment.Proficiency in Microsoft Office; experience with contract lifecycle management (CLM) tools preferredExperience OCIP/CCIP enrollment preferredIf you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio. You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with aproven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company. When you join Otis, you become part of an innovativeglobal industry leaderwith a resilient business model. You’llbelong to a diverse,trusted,and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge. We provideopportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs. Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.We are guided by our values that we call ourThree Absolutes –prioritizing Safety, Ethics, Qualityin all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click . 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