Contracts Specialist

Marsh; Conshohocken (Montgomery County); On-site; USD 90,000 - 120,000; Full time

Job summary

Marsh McLennan Agency is seeking a Contracts Specialist to support the East Region by reviewing and negotiating a wide range of contractual agreements, including client-form contracts, with guidance from in-house counsel. The role involves drafting revisions, advising on risk, and coordinating with the corporate legal department and compliance teams.

The ideal candidate will have a law degree or equivalent experience, five years of contract management, and experience in the insurance brokerage

Qualifications

• Bachelor Degree required; JD preferred.
• Minimum 5 years contract management experience.
• Experience in the insurance brokerage industry strongly preferred.
• Knowledge of insurance terminology preferred.
• Excellent written and oral communication skills.
• Highly detail oriented with strong organizational skills.
• Ability to work well independently and as a team member.
• Proactive problem solver with ability to manage priorities.

Responsibilities

• Serve as point of contact for internal/external customers and corporate legal on regional contractual matters.
• Draft, review, and administer contractual agreements including vendor/carrier contracts, NDAs and data processing agreements.
• Prepare contract summaries highlighting rights and obligations for due diligence.
• Advise business on compromise positions and risks; escalate issues to corporate legal.
• Conduct negotiations with external third parties; escalate unresolved issues to corporate legal as appropriate.
• Develop and implement procedures for contract management complying with regulatory requirements and policy.
• Assist with subpoena and discovery requests as directed by corporate legal/Litigation Specialist.
• Assist with client bankruptcy preference actions in coordination with MMA Finance.
• Contribute to and influence company policies and functional procedures.
• Support enterprise risk management, contract tracking and reporting initiatives.

Skills

Communication skills

Attention to detail

Problem solving

Time management

Education

Bachelor's Degree

Juris Doctorate

Tools

MS Word

Excel

Job description

Company: Marsh McLennan Agency

Description:

Consistently recognized as a Top Workplace, Marsh Agency's award-winning, inclusive culture is the result of hard work by extraordinary people. The brightest talent in the industry drives our efforts to deliver purposeful work and meaningful impact every day.

Marsh Agency helps people and organizations manage risk and prepare for the future through insurance, benefits, retirement, and wealth management strategies. As a trusted partner to our clients, we believe in hands‑on proactive service, data‑driven insights, and understanding how global events can impact local decisions.

Summary

The Contracts Specialist is responsible for supporting the East Region by reviewing and negotiating a wide range of contractual agreements and certain client‑form contracts (including drafting revisions thereto), advises business on compromise positions and elevates unresolved legal issues to members of the corporate legal department as appropriate. This position will work with in‑house counsel, and the internal colleagues as needed, providing advice and insight on a wide range of contractual issues to those within the East Region.

Essential Duties and Responsibilities include, but are not limited, to the following:

• Serve as point of contact for internal and external customers, as well as the corporate legal team, on regional contractual matters.
• Draft, review, and administer contractual agreements including, but not limited to, vendor and carrier contracts, non‑disclosure agreements, fee for service agreements, business associate agreements, HIPAA privacy agreements, data processing agreements and any others as required/requested by management.
• Prepare contract summaries highlighting and interpreting contractual rights and obligations to ensure that due diligence is practiced in complying with the stated terms and conditions, and make recommendations based on findings.
• Advise business on compromise positions and risks relative to contract provisions, and identify issues that need to be escalated to the corporate legal department.
• Conduct negotiations with external third parties, elevating unresolved legal issues to a member of the corporate legal department as appropriate.
• In conjunction with corporate legal, develop and implement procedures for contract management and administration, which adhere to regulatory requirements and company policy.
• Serve as point of contact for legal contractual matters, regularly consulting with internal counsel and the compliance department.
• At the direction of corporate legal/Litigation Specialist, assist with subpoena and discovery requests, including requests from client counsel and MMA outside counsel privilege management.
• In conjunction with MMA Finance, manage any preference actions that may arise from client bankruptcy proceedings, including implementing a client bankruptcy protocol to help mitigate preference actions from being filed against the company.
• Contribute to and influence company policies and functional procedures.
• Assist with projects such as enterprise risk management, contract efficiency and contract tracking and reporting initiatives under the direction of in‑house Legal.
• Examples may include projects such as assisting in the preparation of internal client communications and conducting internal client training on topics such as confidentiality and contracting requirements.

Required Education and Experience

Successful candidate will be a service‑oriented individual with high personal standards and a hands‑on work style. This position requires an individual who is comfortable working at a fast pace, managing multiple tasks and deadlines simultaneously, adjusting priorities often, and managing frequent interruptions.

This position interacts with and provides service to a large group of internal associates and has high levels of contact with clients and external business partners. The Contracts Specialist must be positive and approachable, and work effective with diverse personalities.

Bachelor Degree required, Juris Doctorate preferred.

Successful work history to include a minimum of 5 years contract management experience. Experience working within the insurance brokerage industry strongly preferred.

Knowledge of insurance terminology preferred, and an interest in learning complex insurance coverage issues related to Property & Casualty and Employee Health & Benefits coverage.

Highly detail oriented with strong organizational skills.

Excellent written and oral communications skills.

Ability to work well independently and as a team member.

Must be a proactive problem solver.

Skilled in organizing resources and establishing priorities.

Demonstrated ability to resolve problems and present results neatly, with clarity and precision in oral and written form.

Demonstrated ability to develop, plan, and implement short and long‑range goals.

Proficiency with personal computers and comprehensive knowledge of MS Word and Excel appl