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National Insurance Board (NIB)

Contracts Administrator

National Insurance Board (NIB)

  • Port-of-Spain
  • Not disclosed
  • Permanent full-time
  • Updated 29/04/2025

To administer, report on and coordinate assigned activities in accepting, monitoring and performing contracts and sub-contracts between the NIBTT and vendors according to organization’s policies and procedures, applicable laws and regulations, customer requirements and sound business judgment.

 Performance Objectives

  • To request, distribute and track the progress of contracts and subcontracts
  • To co-ordinate between departments, the activities for the preparation or review of contracts that involve the purchase of goods and services.  
  • Develop and maintain a database of all contractual agreements, inclusive of deliverables, key obligations and all contractual dates
  • Co-ordinate and ensure that contractor performance evaluations are completed by user department/project owners
  • Assist with the negotiation of contract terms with internal and external partners as directed
  • Reporting on the progress of contracts as directed 
  • Communicating with contract owners on schedule issues, prescribed contract dates and contract obligations and high risk contractual matters
  • Analyze potential contract risks and submitting recommendations to treat risks 
  • Participates in the development of tender terms and conditions and contractual terms and conditions
  • Participates and assists with the negotiation of contracts as required
  • Analyze suppliers’ documents to determine contractual obligations; prepare recommendations regarding acceptance or modification and conditions of acceptance
  • Gather a variety of pre-contract information for analysis prior to contract award 
  • Monitor contract termination activities, contract renewal activities, and performance bonds.
  • Ensure that contractors/suppliers comply with all legal and statutory requirements, including collection of security documents
  • Monitor and maintain library of commercial contract practice/trends
  • To prepare presentations, metric reports, dashboards, and other business reports related to contracts at the NIBTT
  • Work closely with legal team and assigned contract/project owners
  • Perform other related tasks as assigned
 Qualification Requirements 
  • Bachelor’s degree in Business Administration/Public Administration or Law
  • Diploma in Procurement and Supply

Experience Requirements

  • Three (3) years’ experience administering contracts or assisting with management of contracts/projects
  • Experience in vendor agreements/ negotiations and developing routine contractual terms and conditions

Knowledge

  • Extensive knowledge of Procurement and Supply
  • Strong knowledge and understanding of standard contract law principles, terms, rules and practices 
  • Familiar with standard concepts, practices and procedures within contracts administration
  • Familiarity with the requirements of the Office of Procurement Regulation as it relates to their quarterly requirement for reporting of contracts, variations and purchase orders

Competencies

  • A strong ability to draft moderate to complex, routine contractual instruments; including standard terms and conditions for tender and contract documents. 
  • Effective writing skills 
  • Excellent communication skills (Oral and Written)
  • Strong Microsoft office suite skills 
  • Highly analytical and problem-solving skills
  • Strong multi-tasking, time management and organizational skills
  • Good customer service skills 
  • Ability to maintain records and files
  • Use of independent judgment and creativity applied to resolution of contract issues
 
 

Ref: Procurement - CA

National Insurance Board (NIB)

National Insurance Board (NIB)

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