Vice President Contracts

Acrisure; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading insurance brokerage firm is looking for a VP Contracts with at least 4 years of experience in insurance and facultative reinsurance. The role involves drafting and delivering reinsurance contracts, revising documents, and collaborating effectively with broker teams. Ideal candidates will have knowledge of Market Reform Contracts and strong negotiation skills. This position offers a full-time employment opportunity in a dynamic division known for its rapid growth and unique business model.

Qualifications

• At least 4 years experience in insurance and facultative reinsurance.
• Knowledge of Market Reform Contracts is essential.
• Ability to work collaboratively within a team.

Responsibilities

• Draft, review and deliver reinsurance contracts reflecting negotiated terms.
• Revise documents throughout the lifecycle of the (re)insurance placement.
• Collaborate effectively with broker teams to secure contract information.

Skills

Business Development

Eclipse

Economics

Accounting

Corporate Risk Management

Brokerage

Job description

VP Contracts

Acrisure London Wholesale

Acrisure London Wholesale is a fast growing and dynamic division of Acrisure Re UK Limited placing open-market facultative insurance and reinsurance business for retail and wholesale insurance broking clients. We are seeking a motivated contract wording specialist with at least 4 years experience to work alongside two dedicated specialist professionals.

Duties and Responsibilities:

• Draft review and deliver reinsurance contracts to internal and external clients that accurately reflect negotiated terms.
• Deliver all contracts in a timely manner.
• Revise documents as needed throughout the lifecycle of the (re)insurance placement and evaluate contract revisions holistically to ensure contract terms continue to align.
• Practice the collaborative negotiation and investigative skills needed to secure detailed contract information to promote efficient workflow with broker teams.
• Make informed thoughtful and relevant recommendations to the contractual product raising potential issues as appropriate.
• Offer informed interpretations of contract language ensuring contract wording reflects intent of reinsurance negotiations.
• Proactively recommend coverage and wording enhancements and raise potential coverage issues as appropriate.
• Engage in calls with clients markets and colleagues in a professional manner.
• Leverage excellent writing skills to influence internal and external business partners and expedite contract negotiations.

Experience required:

• At least 4 years experience and expertise in the construction of insurance and facultative reinsurance
• Knowledge of Market Reform Contracts
• Required ability to work within a team framework
• Reporting to COO

About Us

Acrisure is an integrated team of insurance and facultative reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation namely open market delegated authorities MGAs and facultative reinsurance.

Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years is now one of the 10 largest insurance brokers in the world with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth Acrisure's dedication to its highly unique business model ownership structure and entrepreneurial culture has put us on the envious path of being the largest most successful privately held insurance brokerage in the industry.

Required Experience: Exec

Key Skills: Business Development,Eclipse,Economics,Accounting,Corporate Risk Management,Brokerage

Employment Type: Full-Time

Experience: years

Vacancy: 1