North America Contracts Lead

Rolling Meadows, IL
$90,000-175,500 per year
Permanent
Full-time

8 days ago

IntroductionWelcome to Gallagher – a global leader in insurance, risk management, and consulting services. With a growing team of more than 52,000 professionals worldwide, we empower businesses, communities, and individuals to thrive. At Gallagher, you can build a career whether it’s with our brokerage division, our benefits and HR consulting division, or our corporate team. Experience The Gallagher Way, a culture fueled by shared values and a collective passion for excellence. Join one of our dynamic teams, where you'll play a pivotal role in shaping Gallagher's future and unlocking unparalleled opportunities for both clients and yourself.We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
OverviewWe are seeking a highly skilled and experienced Gallagher Contracts Lead to join our legal team! The successful candidate will play a critical role in leading and overseeing the company's contractual agreements, ensuring compliance with legal standards, and mitigating risks associated with contracts. This position offers the flexibility of remote work and includes handling both onshore and offshore teams of licensed attorneys, paralegals and support staff providing contract negotiation and associated support services, as well as overseeing the implementation of AI and technology to enhance contract management and efficiency.
How you'll make an impact

Oversee the drafting, review, and negotiation of a wide range of contracts including carrier and brokerage agreements, client contracts, and vendor agreements.
Evaluate the potential to consolidate and centralize the contracts function and related resources across multiple company business units and geographies.
Provide legal advice and guidance on contract-related matters to various divisions and departments within the company.
Ensure all contracts comply with applicable laws and regulations.
Identify potential risks in contract terms and propose solutions to mitigate these risks.
Collaborate with internal stakeholders to understand business needs and align contract terms accordingly.
Maintain up-to-date knowledge of industry trends and legal developments affecting contracts.
Manage and lead both onshore and offshore teams of contracts lawyers, providing mentorship, guidance, and support.
Oversee and coordinate with teams providing contract support services, ensuring quality and efficiency.
Work with various business units to develop, standardize and improve contract templates and playbooks.
Develop and implement contract management policies and procedures, including assisting with the design and implementation of updated intake, negotiation and storage practices.
Oversee the performance and development of team members, ensuring alignment with company goals and objectives.
Lead the implementation of AI and technology solutions to improve contract management processes and enhance efficiency.
Evaluate and integrate technological tools that streamline contract lifecycle management and reduce manual workload.
Utilize analytics and operational metrics to monitor contract management performance, identify areas for improvement, and implement data-driven strategies to enhance efficiency and effectiveness.

About YouRequired:

J.D. Degree.
Must be licensed in at least one state.
A minimum of 6 years legal contracts experience.
3 years relevant commercial generalist experience, including hands on experience reviewing, drafting, negotiating, and interpreting a variety of agreements.
Prior experience in a contracts function, including the management of other professionals and working with contract management systems.
Exceptional verbal and written communication skills.
Advanced critical thinking and analytical ability.
Ability to understand and integrate details of the business to ensure new and existing business relationships are workable across functions.

Highly Preferred:

10+ years of experience in contract law, preferably within the insurance or financial services industry
Strong understanding of insurance-related contracts and regulatory requirements.
Shown leadership skills with experience in managing and developing both onshore and offshore teams.
Familiarity with AI and technology solutions for contract management.
In-house experience is desirable.
Familiarity with a CLM tool.
Evaluation and implementation of legal process outsourcing is a plus.

Work Traits:

Ability to work independently and manage multiple priorities in a fast-paced environment.
Shown organizational ability, keen negotiating skill and strong business acumen. Inspires confidence and trust with business leads, senior management and other professionals at all levels of the organization.
Dedication and commitment to practicing law in a fast-paced, team-oriented environment

#LI-JS1 #LI-Hybrid
Compensation and benefitsWe offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

Medical/dental/vision plans, which start from day one!
Life and accident insurance
401(K) and Roth options
Tax-advantaged accounts (HSA, FSA)
Educational expense reimbursement
Paid parental leave

Other benefits include:

Digital mental health services (Talkspace)
Flexible work hours (availability varies by office and job function)
Training programs
Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
Charitable matching gift program
And more...

We value inclusion and diversityto review our U.S. Eligibility RequirementsInclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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