Contract Administrator

Insurance consortiums SAE Industry Technologies Consortia (ITC), the Performance Review Institute (PRI), and SAE International (SAE) work together to deliver shared solutions to industry challenges. The Contract Administrator oversees the full lifecycle of commercial contracts—from intake and drafting through execution and repository management—in partnership with the Legal team. ESSENTIAL FUNCTIONS Contract Drafting, Review & Risk Assessment – Draft, review, and conduct limited negotiation of commercial agreements (NDAs, MSAs, DPAs, licenses, amendments, and related documents). Identify and assess legal, financial, operational, and compliance risks; and, where necessary, escalate complex or high‑risk matters to Legal leadership. Ensure alignment with approved standards, policies, and risk tolerances. Contract Intake, Triage & Workflow Management – Serve as the central intake and control point for all contracts submitted to Legal. Manage contracts from initiation through execution in accordance with established procedures, applying risk‑based review tiers and ensuring required approvals are obtained prior to execution. Template Governance & Standards Management – Maintain and enhance contract templates, clause libraries, and fallback language. Enforce use of approved forms, flag non‑standard or materially modified provisions, and recommend updates to templates, policies, and processes based on trends, risk patterns, and business needs. Execution & Contract Lifecycle Management (CLM) Administration – Oversee contract execution processes, including e‑signature workflows and signer authority validation. Ensure all agreements are properly executed, stored, and maintained within the designated CLM system as the system of record. Maintain accurate contract metadata and monitor key performance indicators (cycle time, renewal tracking, workflow efficiency). Cross‑Functional Partnership & Operational Support – Collaborate with Procurement, Finance, Compliance, and business stakeholders to support contract processing and execution requirements. Serve as the primary point of contact for contract process inquiries and workflow guidance, coordinating documentation and approvals required prior to execution. Governance, Compliance & Continuous Improvement – Ensure adherence to Legal workflows, internal controls, and compliance standards; support internal audits and reporting related to contract volume, cycle times, and risk trends; maintain confidentiality and exercise sound judgment. MINIMUM REQUIREMENTS Bachelor’s degree in Business, Legal Studies, Paralegal Studies, or related field (or equivalent combination of education and 3–5 years of directly related contract administration or transactional experience). Minimum 3 years of experience reviewing, drafting, and administering commercial agreements in a corporate legal department, law firm, or comparable business environment. Working knowledge of core contract law principles and their application in a commercial setting. Demonstrated understanding of common commercial contract provisions, including indemnification, limitation of liability, intellectual property ownership, confidentiality, termination, and governing law. Experience using a Contract Lifecycle Management (CLM) system or comparable contract repository platform. Experience using electronic signature platforms. Proficiency in Microsoft Office Suite or comparable productivity tools, including strong Word document redlining and formatting skills. Strong analytical skills with the ability to identify legal, operational, and financial risk in contract language. Excellent written communication skills with high attention to detail; ability to summarize and explain contractual concepts clearly to non‑legal stakeholders. Demonstrated organizational skills and ability to manage multiple contracts simultaneously within defined workflows. Ability to exercise sound judgment and to appropriately escalate complex or high‑risk matters. PREFERRED QUALIFICATIONS Paralegal certificate or contract management certification (e.g., NCMA or similar). Experience supporting multi‑entity or multi‑jurisdictional organizations. Familiarity with data privacy agreements (DPAs), SaaS agreements, or technology licensing. Experience supporting audits or regulatory compliance reviews. Exposure to process improvement, legal operations metrics, or workflow optimization initiatives. Familiarity with basic financial terms such as payment structures, budgeting controls, and revenue recognition concepts. Fullsight provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation, and training. #J-18808-Ljbffr