At PEMCO we’re all about people – our customers, our employees, and the community. We’re a mutual insurance company owned by our Northwest policyholders. We provide auto, home, renters, and boat coverage. Recently, Forbes named PEMCO as #1 in Auto Insurance in 2024 based on customer survey feedback. We are consistently recognized for our outstanding customer service, employee expertise, community partnerships, and social impact programs.
Our social impact programs motivate high achievement by youth in education; build stronger and greener communities; and increase safety at home, on the road, and at play. We’re committed to diversity, equity, inclusion, and belonging, and to fostering an inspiring and inclusive workplace. These efforts create and cultivate an environment that builds fairness and understanding, encourages collaboration and flexibility, and celebrates all the ways in which we’re different and the same – enabling all individuals to achieve their full potential.
Why We Need You:
PEMCO has a dynamic and challenging opportunity for a Contracts Manager to join our community. In this role, you will be responsible for ensuring that contracts across the enterprise consistently meet business needs, legal and regulatory requirements, strategic resource goals, and risk management standards.
What You’ll Be Doing:
Provide analysis, recommendations, and counseling on legal, business, and performance elements of contracts and the vendor relationships to which they apply; assist management in determining and articulating project and vendor performance metrics; analyze, counsel, draft, and perform negotiations to achieve refinement of contractual terms and conditions including price and payment provisions.
Participate in vendor selection processes including drafting and evaluating Requests for Proposal, Requests for Quote, and other vendor assessment measures, and conducting due diligence to determine vendor corporate substance and risk.
Maintain a broad and detailed understanding of current legal and regulatory requirements applicable to the insurance industry including the confidentiality and security of customer and corporate data; ensure that all contracts are compliant with these obligations.
Draft, review, negotiate, and revise business-to-business contracts to ensure that executed agreements meet PEMCO contracting standards, support the intended business purposes, and meet stakeholders' objectives; ensure responsible executives are aware of any exceptions prior to contract signature.
Develop and administer standards for contract life cycle management: ensure that renewals and terminations are managed according to contractual requirements, PEMCO standards, and industry best practices, which includes timely review and action regarding pending ends-of-term and compliance with price security provisions.
Develop and administer PEMCO's standard contracts as well as enterprise-wide and entity-specific contracting standards.
Contribute to the development and enforcement of corporate vendor management standards and practices in collaboration with the Vendor Management Program Manager and other key stakeholders; convert standards to contractual obligations.
Consult with leaders across the enterprise to maintain a robust understanding of the general contracting needs and risks of each department, as well as the detailed needs and risks associated with specific contracts.
Arrange for corporate resources and training on contracting, vendor management, dispute resolution, and negotiation best practices.
Demonstrate behaviors consistent with PEMCO's policies, values, code of ethics and business conduct.
Other duties as assigned.
What You'll Bring:
B.A. or B.S. degree or equivalent work experience (business, communications or related) is required
10+ years of experience in contract drafting, contract analysis, business negotiation, and dispute resolution with increasing scope, scale and/or complexity is required
Job specific: Strong negotiation skills using effective, professional approaches with occasionally adversarial third-parties is required
Job specific: Comprehensive understanding and familiarity with legal concepts and terminology applicable to contracts is required
Independent: Is highly self-motivated and self-directed. The ability to work with limited direction and to communicate relevant information to the appropriate levels during times of uncertainty is required.
Business Environment: Has a thorough understanding of our industry, the relevant business landscape, trends in growth and insurance environments; the ability to spot early indicators of change and apply strategies to adapt quickly is required.
MS Office: Skilled proficiency in Excel, Word, PowerPoint, Outlook is required.
Compliance: Knowledge and understanding of relevant laws, rules, and regulations is required
Problem Solver: Ability to analyze, diagnose and resolve complex unstructured problems quickly, efficiently, and collaboratively is required
Communicator: The ability to communicate clearly and informatively, verbally and in writing, with colleagues, customers, and the community in both technical and non-technical professional language is required
Confidentiality: High degree of integrity and the ability to exercise discretion in confidential situations is required
What We Value:
In fostering a culture where everyone thrives, PEMCO embodies a set of core traits that guide our collective efforts. These traits include:
Make Agile Decisions: Define desired outcomes. Use a consistent, inclusive approach. Drive decisions with a sense of urgency. Pivot decisions quickly as supported by data.
Build Trust: Listen to understand and use direct and open communication. Engage in healthy debate with mutual respect. Find solutions and move forward together.
Own Results: Commit to desired outcomes. Define and achieve success metrics. Anticipate and mitigate risks, and always have a plan B. Take accountability for and learn from outcomes.
Empower Execution: Take action to drive desired outcomes. Act with initiative, mastery, and purpose
Explore Fearlessly: Make swift, iterative progress through testing and learning, create a safe place to fail fast and learn from mistakes, and continuously improve.
Value People: Appreciate and care about unique experiences and perspectives Respect the dignity of others and have empathy for people Authentically and meaningfully support and recognize people in real time.
These traits form the bedrock of our commitment to caring deeply for each other, our customers, and our community. As you become a part of PEMCO, your contribution will further enrich our success story, where the power of these shared values propels us forward.
Compensation:
The pay range for this role is shown below. Compensation decisions are determined based on an individual’s qualifications, job-related knowledge, skills, and experience.
Greater Seattle area target pay range: $133,988-$163,764. The full pay range is $111,657-$186,095.
Outside greater Seattle area target pay range: $118,247-$144-525. The full pay range is $98,540-$164,233.
Greater Seattle Area is defined as working within approximately 100 miles of Seattle.
Outside Greater Seattle is defined as working approximately 100 miles or more from Seattle.
Benefits:
Regular part-time PEMCO employees working at least 24 hours per week and regular full-time PEMCO employees are eligible to elect coverage under medical, dental, and vision plans for themselves and their eligible family members with generous employer premium cost shares. In addition, as a benefits-eligible employee, you are:
covered by employer-paid basic life and accidental death & dismemberment insurance policies as well as long- and short-term disability benefit coverages.
eligible to participate in PEMCO’s 401(k) plan which includes a generous employer match (2 for 1 on the first 6% employee pre-tax and/or Roth deferral, up to federal maximums).
PEMCO provides the following paid leave programs for benefits-eligible employees in their first year of PEMCO employment:
Vacation accrues at a rate of 10 days for new hires, and increases based on a schedule to a maximum annual accrual of 25 days based on tenure.
Granted four (4) personal days immediately upon hire.
Paid holidays for the eight (8) holidays observed by PEMCO throughout the calendar year.
Granted up to ten (10) days of sick leave immediately upon hire (pro-rated based on hire date and full-time/part-time status), which is approximately 28 hours more per year than the Washington state-required accrual.
In addition, PEMCO provides paid time off for bereavement, jury duty, and employee volunteering in the community.
Other miscellaneous benefit programs offered by PEMCO include:
Flexible Spending Accounts
Education Assistance Program after one year of service
Scholarship program for children of PEMCO employees after one year of service
Employee Assistance Program
Well-being program
Discretionary taxable gifts and gift cards
And other Perks & Benefits including discounts on computer software and hardware, cell phone plans, and rental cars
Other compensation depending on role, contributions, and performance may include:
At PEMCO, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. PEMCO is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or veteran status.
Applicants have rights under Federal Employment Laws:
