Data Licensing Director at CCC

| Chicago
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About CCC

CCC Information Services Inc. is the technology platform for the underwritten assets economy. CCC technology, insights, and support connect industries – insurers, automotive manufacturers, collision repairers, parts suppliers, lenders, fleet operators and more – to advance decision-making, productivity, and customer experiences for thousands of clients worldwide. Clients leverage CCC’s network management, data management, AI, operational workflows and customer experience solutions to efficiently scale, interact, transact and achieve their unique business objectives. CCC was ranked a best mid-sized company to work for by Forbes (2019). BuiltIn Chicago, Austin and LA named CCC a top place to work in 2020. Diverse perspectives and experiences are core to CCC’s success and award-winning culture of more than 2,000 employees worldwide. We hold inclusion as a core value and are committed to celebrating and cultivating the diversity of our team. With a 40+ year track record of innovation, CCC’s tenacious spirit and growth mindset turn next generation technology into real world solutions and empower team members to expand their knowledge and potential. Headquartered in Chicago, CCC has 11 locations worldwide. CCC’s principal PE investors are Advent International, Technology Crossover Ventures, and Oak Hill Capital Find out more about CCC Information Services by visiting cccis.com.

Job Description Summary

Position overview In this newly created position, the Data Licensing Director reporting to our EVP CFO, Chief Administrative Officer. The Data Licensing Director will have 2 primary functions: the first is to review our Manage Data License agreements to ensure they are properly structured. This individual will also partner with our Strategy and Product Management Teams on identifying new potential data partners that will support our product roadmap. The second, is to build out a Strategic Sourcing capability within CCC. The individual will establish a procurement function focused on building a governance structure with established metrics and monitoring mechanisms across our core business, Auto and Physical damage (APD), Casualty, and OEM businesses

Job Duties

Specific responsibilities and activities:

Data Licensing:

·       Manage existing data licensing agreements and develop performance/relationship management metrics to assess performance as well as ensure they are aligned with our overall corporate strategy

·       Partner with our Legal Department on all contract management

·       Identify alternate data sources and potential relationships to ensure that we are positioned effectively in the market

·       Partner with our Strategy and Product Management Team as we identify to potential products to identify the best potential data partners.

 

Strategic Sourcing:

·       Act as sourcing subject matter expert in consulting with the business to identify, develop and deploy best practice procurement and supplier management; sourcing/procurement scope will include data and content services that drive our products, excluding IT and facilities-related vendors

·       Develop organization-wide procurement and sourcing function to ensure the organization achieves visible results

·       Provide in-depth analysis around spend, supplier assessment, financials and market data/price trends to improve vendor selection, define contracting terms/goals, and reduce costs

·       Undertake thorough due diligence with potential partner companies in order to assist internal stakeholders with selection of the right option, including the identification of alternative sources which may mitigate business risk

·       Lead cross-functional negotiation teams to perform contract negotiations with selected suppliers

·       Establish KPIs to track and monitor supplier and process performance/service level, mitigate risk and develop contingency plans

·       Analyze opportunities to improve existing contracts

 

Competencies and abilities:

·       Experience managing data licensing agreements

·       Establishing KPIs to be able to assess 3rd party data partnerships

·       Strong working knowledge of relevant licensing concepts and contract terms

·       Ability to assess and mitigate risk from a company, project, business, financial and contractual perspective, including a working knowledge of legal terms and conditions, long-term impacts of various business terms and conditions

·       Demonstrable experience in creating vendor/partner relationships that made the environment more cost effective as well as structurally diverse.

·       Ability to develop and maintain effective working relationships and collaborate with multiple internal stakeholders at all levels of the organization

·       Excellent verbal and written communications skills

·       Previous experience partnering with Strategy and Product Teams on new product creation is a plus

 

 

Qualifications

Experience/Educational requirements:

·       7-10 years of sourcing experience, preferably in a B2B software or Technology company that relies on multiple external data sources

·       Knowledge of technology / software industry and/or experience in other sectors where licensing is prevalent (e.g., pharmaceutical, medical devices, telecommunications)

·       Demonstrated experience sourcing diversity owned vendors

·       Undergraduate degree; graduate degree beneficial

 

 

About the company’s Commitment to its employees:

 

We offer a competitive compensation package including salary, bonus, and stock options.

We promote a healthy work-life balance and offer generous benefit plans and resources designed with employee satisfaction in mind.

What we value is simple - customers, employee commitment, collaboration and clear communication.

We hire people who will embrace the company’s goals and values, and productively contribute in ways that help us serve the customer, innovate and stay strong. We regularly measure our employee’s engagement and job satisfaction and consistently score well above industry norms – our employees love their jobs!

Why Choose CCC?

We make it a priority to keep employees enriched, healthy and happy.

·       Enriched – Tuition reimbursement, leadership development opportunities and training and learning programs,

·       Healthy - Wellness programs and Perkspot/employee discount program

·       Happy – Recognition programs, a confidential employee assistance program and flexible work arrangements such as staggered start times

 

Our corporate headquarters is located in downtown Chicago within the historic Merchandise Mart—a certified LEED (Leadership in Energy and Environmental Design) building

Our benefit plans include: medical, dental, vision, paid vacation/PTO/holidays, tuition reimbursement, 401 (k) plan with company match and more.

CCC Information Services was ranked #17 in the Top 100 Digital Companies in Chicago, by Built in Chicago, an online community for digital technology entrepreneurs in Chicago.

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Location

Two city blocks and twenty-five stories of innovation and culture. theMART is interwoven into the fabric of Chicago’s history as an innovator in tech

An Insider's view of CCC

How would you describe the company’s work-life balance?

I've been here 5 years, and I learn something new everyday. I have the opportunity to grow my skill set, the flexibility to spend time with my family, and the support to accomplish my professional goals.

Prasanthi

Senior Manager, Quality Assurance

What's the biggest problem your team is solving?

We are looking at every single aspect of the vehicle lifecycle related to insurance and collision. We’re injecting key technologies across the spectrum to create a modernized consumer experience. This includes using telematics for vehicle underwriting. detecting accidents to enable insurers and OEMs to proactively reach out to their customers.

Jason

Senior Vice President, Product Strategy and Management

How has your career grown since starting at the company?

When I started as an intern at CCC, I was trusted to work with extraordinary technology. Now, as a DevOps Manager, I get to work on those technologies and new ones with other pioneers - that type of innovation ignites my creativity.

Amin

Manager, DevOps

How do you empower your team to be more creative?

Our teams are technically adept and highly capable. Equally, if not more importantly, they have a passion and desire to learn. We're not satisfied just cranking out code, there is a strong desire to learn about our customers and be creative

John

Senior Director, Product Management

How does the company support your career growth?

Employees get to learn about multiple products across our entire customer base. This allows employees to figure out what area aligns best with their strengths and interests, and where they are looking to grow.

Susanne

Senior Manager, IT Operations

What are CCC Perks + Benefits

CCC Benefits Overview

Perks are fun, but they should also be highly functional. So we offer more than just free coffee and gym membership benefits (though we've got those, too). We offer comprehensive and well thought-out benefits for your health, happiness and bank account.

Culture
Friends outside of work
Eat lunch together
Daily sync
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
CCC's Flexible Spending Accounts (FSA) help employees cover out-of-pocket expenses with pre-tax contributions for medical, dental, vision, prescription drug, and dependent care expenses.
Disability Insurance
CCC provides short-term and long-term disability insurance.
Dental Benefits
CCC provides two dental plans with Aetna, PPO and DMO.
Vision Benefits
CCC provides two vision plans with VSP.
Health Insurance Benefits
CCC offers four medical plans offered through BCBSIL (PPO, Health Savings Account [HSA], Health Care Account [HCA], and Kaiser Permanente HMO.
Life Insurance
Pet Insurance
Wellness Programs
CCC's wellness programs includes bio-metric screenings, financial wellness, and weight loss programs. All of these are provided free of charge.
Onsite Gym
Retirement & Stock Options Benefits
401(K)
CCC offers ROTH and/or pre-tax contributions.
401(K) Matching
Performance Bonus
Child Care & Parental Leave Benefits
Child Care Benefits
Flexible Work Schedule
Remote Work Program
CCC allows employees to work remotely pending their team and manager's discretion.
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Parking
Depending on your location (Chicago, Austin, LA) we do provide either free parking or subsided parking fees for our employees.
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
CCC offers tuition reimbursement to an accredited academic institution for all full-time employees up to $5,250 annually.
Lunch and learns
Cross functional training encouraged
Promote from within
Continuing Education stipend
Online course subscriptions available
Paid industry certifications

Additional Perks + Benefits

We know that investing in employee development is crucial. Employees have access to the CCC Learning Academy. The CCC Learning Academy was created as an internal platform for you as an employee. You come here to learn new skills such as time management, cooking, financing a home or career and business development. We empower our employees to learn within these four walls, but then go out and collaborate on these ideas with friends and family

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