Product Contracting Associate

Are you a detail-oriented individual with a passion for product development and contract management? Allianz is seeking a driven and organized Product Contracting Associate to join our dynamic team. As a key member of our product department, you will play a crucial role in ensuring the successful implementation of new products and services. We are looking for someone who is highly analytical, possesses strong communication skills, and is committed to delivering top-quality results. If you are ready to take on a challenging and rewarding role in a fast-paced environment, apply now!

1. Develop and manage contracts for new products and services, ensuring accuracy, completeness, and compliance with company standards and regulations.
2. Collaborate with cross-functional teams, including product managers, legal counsel, and sales representatives, to gather requirements and negotiate contract terms.
3. Conduct thorough research and analysis to identify potential product development opportunities and mitigate risks.
4. Create and maintain detailed project plans, timelines, and budgets for product development initiatives.
5. Monitor and track project progress, identifying and resolving any issues that may arise.
6. Serve as a point of contact for internal and external stakeholders regarding contract management and product development processes.
7. Review and negotiate vendor contracts, ensuring favorable terms and cost-effective solutions.
8. Stay up-to-date with industry trends and regulations to ensure compliance and identify potential areas for improvement.
9. Develop and maintain strong relationships with key stakeholders, including vendors, customers, and internal team members.
10. Continuously improve contract management processes and procedures to enhance efficiency and effectiveness.
11. Communicate project updates, risks, and recommendations to management and other relevant parties.
12. Train and mentor new team members on contract management processes and procedures.
13. Maintain accurate and organized records of all contract management activities.
14. Adhere to company policies and procedures, as well as legal and regulatory requirements.
15. Prioritize and manage multiple projects simultaneously, meeting strict deadlines and delivering high-quality results.

According to JobzMall, the average salary range for a Product Contracting Associate in Minneapolis, MN, USA is between $70,000 and $90,000 per year. This can vary depending on the specific company, level of experience, and skills of the individual. Some companies may offer higher salaries for this position, while others may offer lower salaries. It is important to research the specific company and negotiate for a fair salary based on your qualifications and experience.

Allianz SE engages in the provision of insurance and investment advisory services. It operates its business through following segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Property-Casualty segment offers motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance.