Contract Wording Specialist

PartnerRe; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading reinsurance company is looking for a Contract Wording Specialist to analyze and provide guidance on insurance contracts. You will ensure adherence to company standards and collaborate with underwriters to craft optimal solutions. The position requires 5-7 years of relevant experience and proficiency with Microsoft Word and Excel. Ideal candidates will have a law degree, strong analytical abilities, and excellent written communication skills. This full-time role is on-site in London.

Qualifications

• Minimum 5 to 7 years of experience in insurance or reinsurance contract drafting, underwriting, legal, or claims.
• Expertise with relevant software tools and excellent analytical skills required.
• Demonstrated strong written communication capabilities in English.

Responsibilities

• Analyze incoming contracts and endorsements for deviations from guidelines.
• Evaluate clauses related to various lines of P&C business.
• Work with teams to refine wordings and interpret policy language.

Skills

Microsoft Word

Microsoft Excel

SharePoint

Technical writing

Analytical skills

Communication skills

Education

JD

Bachelor's Degree

Paralegal Degree

ARe Certification

Job description

About the Position :

The Contract Wording Specialist will analyze U.S. and International treaties and ancillary documents and provide Underwriters with advice regarding wording adequacy and alignment with the Companys underwriting guidelines and best practices. This role will report to the Global Head of Contracts.

Key Responsibilities :

• Analyze incoming contracts and endorsements to check for deviations from company underwriting guidelines or agreed-upon terms.
• Evaluate clauses and provisions related to various lines of P&C business and craft solutions and recommendations for Underwriters.
• Prepare reinsurance (assumed and ceded) contracts endorsements NDAs and policy forms based on corporate standards. Develop contract wording templates.
• Work with Contract Wording team Underwriters Claims personnel and Legal colleagues to refine wordings interpret policy language resolve contract issues and establish best practices.
• Stay current on insurance and reinsurance industry trends and regulatory changes impacting reinsurance contract wording issues.
• Organize and update contractual resources including wording templates and filing systems.

Qualifications: Technical Skills :

• Expertise with relevant software including Microsoft Word Excel and SharePoint.
• Excellent analytical and communication skills.
• High attention to detail and ability to spot errors and inconsistencies.

Behavioral Competencies :

• Excellent written communication skills including demonstrated competence in technical reading writing and communicating in English.
• Strategic and analytical thinker including basic math proficiency and proven problem solving.
• Adaptable to proprietary systems / applications as demonstrated by previous experience.
• Demonstrated collaborative and learning mindset

Work Experience :

• A minimum of 5 to 7 years of experience in insurance or reinsurance contract drafting underwriting legal or claims.

Education :

• A JD Bachelors Degree Paralegal Degree or ARe preferred.

Additional Information :

#LI-Hybrid

PartnerRe provides a working environment in which diversity is valued where all employees feel welcome respected and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

Thank you

PartnerRe Hiring Team

Remote Work : No

Employment Type : Full-time

Key Skills

IVR,SOAP,Avaya,Solaris,Cost Accounting Standards,Database Design,Hibernate,ITIL,Weblogic,Express.js,Contracts,ASP

Experience : years

Vacancy : 1