Contract Specialist

Contract Specialist

Hyderabad, Telangana, India (Hybrid)

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JOB INFO

Job Identification

4948

Job Category

Finance

Posting Date

10/13/2026, 07:05 PM

Apply Before

10/21/2026, 12:00 AM

Job Schedule

Full time

Locations

14th Floor, Building No 9, Raheja Mindspace, Hyderabad, Telangana, 500081, IN

(Hybrid)

Short Term Incentive

Yes

Long Term Incentive

No

Commission

No

Work Arrangement

Hybrid

Budgeted Salary Currency

INR

Division

Corporate Functions

JOB DESCRIPTION

The SSP Contract Specialist is responsible for managing the full contract lifecycle for Verisk supplier engagements, from ServiceNow intake through drafting, negotiation support, routing for review, execution, and repository storage. This role requires strong attention to detail, the ability to apply SSP contract playbooks, and the capability to coordinate with internal partners across Legal, Privacy, Security, Insurance, Compliance, and business stakeholders.

This position is partially remote and requires strong independence, reliability, and clear communication, given the distributed nature of the SSP team and our global stakeholders.

RESPONSIBILITIES

Contract Intake & Validation (ServiceNow SSP Queue)

• Review and validate incoming SSP contract requests submitted in ServiceNow.
• Confirm request type (NDA, MSA, LA, SOW, Amendment) and ensure all required information is provided.
• Communicate with requesters to obtain and clarify missing details or correct ticket entries prior to drafting.

Review of Standard Contract Types

• Use Verisk‑approved templates and apply appropriate clauses using

o SSP Contract Clause Playbook

o US MSA Playbook

o US Insurance Playbook

• Ensure accurate completion of template fields, supplier details, commercial terms, and risk‑related requirements.
• Incorporate guidance from prior redlines, negotiations, and best practices shared within SSP.

Cross‑Functional Routing & Approvals

• Route non‑standard terms to

o Legal via Legal Front Door (LFD) Smartsheet ticket

o Privacy, Security, Insurance, Compliance, or Procurement teams as needed

• Track review timelines and follow up with internal teams to ensure progression of contract workflows.
• Record all communications and actions in ServiceNow.

Supplier Communication & Negotiation Support

• Send drafts and redlines to suppliers while maintaining professionalism and consistency with Verisk standards.
• Support negotiations by identifying non‑standard terms and escalating them appropriately.
• Facilitate alignment between supplier feedback and internal stakeholder expectations.

Signature & Execution

• Prepare final documents for signature through DocuSign or Icertis.
• Confirm all required internal approvals have been obtained prior to sending for signature.
• Ensure executed agreements are properly stored in the Icertis repository and attached to ServiceNow tickets.

Ticket Closure & Documentation

• Update ServiceNow with detailed notes, final documents, and confirmation of completion.
• Close tickets only after verifying that the executed contract is stored and all steps have been followed.
• Maintain a complete audit trail according to SSP process standards.

Cross‑Team Collaboration

• Partner closely with SSP leadership, Contract Specialists, Category Managers, and requesters across Verisk business units.
• Participate in knowledge‑sharing sessions, calibration meetings, and process improvement discussions.

QUALIFICATIONS

• Bachelor’s degree in business, Law, Procurement, or a related field, or equivalent relevant professional experience
• 5–10 years of experience in enterprise contract administration, including MSAs, Agreements for Services (AFS), License Agreements, Data, Cloud and AI Agreements, Statements of Work (SOWs), Order Forms (OFs), and RFPs
• Fluency in English, both written and verbal
• Strong understanding of contract terminology, workflow sequencing, and end to end contract review processes in both English and German is a must.
• High attention to detail with the ability to manage multiple contracts and priorities simultaneously
• Strong communication and stakeholder management skills, with experience operating in a global, cross functional environment
• Ability to work independently at a remote capacity, with availability between 9:00 a.m. and 5:00 p.m. US EST.
• Demonstrated ability to independently manage contracts through execution, escalate legal or risk issues appropriately, and maintain accurate documentation in contract management systems

Preferred Qualifications

• Experience with Oracle, Icertis, DocuSign, ServiceNow, or similar contract systems.
• Prior experience applying contract playbooks or negotiating standard agreements.
• Comfort supporting stakeholder meetings and supplier discussions.
• Experience with negotiation of contract terms.

ABOUT US

Our People, Our Culture

For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI-powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle. We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry's most comprehensive datasets. Learn more about Verisk and what we are doing within the insurance industry.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

Our Culture

Explore our inclusive, people