What are the responsibilities and job description for the Senior Contract Administrator position at UL Solutions?
Job Description
Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $63,400-$84,500 USD and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary.
This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday and personal days (totaling 12 days) and sick time off (72 hours).
- Works closely with Sales, Legal, and other contracting stakeholders to convert business requirements into technical requirements
- Updates, builds, and maintains contract workflows in Ironclad CLM for all contract types
- Updates, builds, and maintains notifications, approvals, obligations within CLM
- Updates contract templates and clauses when approved changes are submitted
- Maintains contract library including permissions, metadata, and views
- Maintains knowledge base of CLM process, tool, and training documentation
- Supports initiatives including M&A to onboard new contract types to CLM
- Imports legacy contract data to CLM repository as required
- Configures security settings and user permissions within CLM
- Leverages technology to maximize effectiveness and efficiency of the contracts record management, review, and approval process.
- Perform periodic review of contracts, making recommendations to improve and harmonize terms or conditions.
- Train Company personnel on contract content and negotiation process, as needed.
- Read and follow the Underwriters Laboratories Code of Conduct and follow all physical and digital security practices.
- Performs other duties as directed.
- University Degree (Equivalent to Bachelors degree) in Business Administration or a related disciplines plus generally five years experience in handling complex contract negotiations.
- Proficient user of Microsoft applications (Word, Excel, PowerPoint, Access).
- Experience with Oracle, Contract Lifecycle Management (CLM) tools (preferred), and contract management
- Strong communication skills and attention to detail
- Ability to learn on the job, spot issues, thinks quickly, and comfortably deals with complex and ambiguous issues with sound judgment.
Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $63,400-$84,500 USD and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary.
This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday and personal days (totaling 12 days) and sick time off (72 hours).
Salary : $63,400 - $84,500