Director - Senior Contract Drafter

Howden Group Holdings; Minnesota; Hybrid; USD 150,000 - 200,000; Full time

Benefits offered by this job

Flexible PTO

Medical insurance

Dental insurance

Vision insurance

401(k)

Life Insurance

AD&D insurance

FSAs

Pet insurance

Parental leave

EAP

Travel assistance

Rewards program

Job summary

Howden Re in the United States is seeking a Senior Contract Drafter to create and maintain advanced reinsurance contract documentation for complex accounts, collaborating with brokers, clients and reinsurers.

You will interpret contracts, provide technical guidance on reinsurance concepts, and support RFPs and presentations while upholding best practices.

Qualifications

• Bachelor's degree (B.S./B.A.) or equivalent experience.
• Law degree (J.D.) helpful but not required.
• Minimum of 10 years of experience with reinsurance contracts.
• Extensive MS Word experience and expertise.
• Experience with Adobe and Microsoft Office products.
• Excellent written and oral communication skills.
• Excellent organization skills.
• Legally authorized to work in the US.

Responsibilities

• Create, develop and maintain reinsurance contract documentation for complex accounts.
• Draft reinsurance contracts, interests and liabilities agreements with brokers, clients and reinsurers.
• Interpret contracts and perform QA to reflect negotiations.
• Provide technical guidance on reinsurance concepts and contract language.
• Participate in RFPs and sales presentations, recommending coverage and wording.
• Promote and maintain relationships with brokers, clients and reinsurers.
• Understand issues, resolve problems and review working practices.
• Monitor industry developments through news, webinars, committees and conferences.
• Participate in department meetings and share ideas to maintain best practices.
• Perform other duties as assigned.

Skills

Communication skills

MS Word

Microsoft Office

Adobe

Organization

Education

Bachelor's degree or equivalent

J.D. (optional)

Tools

MS Word

Adobe

Microsoft Office

Job description

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service. About Role Overview Howden Re is a business like no other — a reinsurance, capital markets and advisory, built on a bold entrepreneurial spirit and a commitment to doing things differently. As part of one global team, we believe in empowering our people and investing in their growth.

Primary Responsibilities

• As a Senior Contract Drafter, you will create, develop and maintain reinsurance contract documentation for some of the most complex client accounts and use your comprehensive knowledge of insurance/reinsurance concepts to assist broker teams with myriad projects.


• Draft reinsurance contracts, interests and liabilities agreements and related documents in coordination with brokers, clients and reinsurers.


• Interpret and assess contracts and perform quality assurance review to ensure contract wording reflects intent of reinsurance negotiations.


• Provide technical guidance to colleagues, brokers, clients and reinsurers as appropriate regarding reinsurance concepts and contract language application.


• Participate in Request for Proposal and sales presentations by recommending coverage and wording enhancements.


• Promote, build and maintain relationships with brokers, clients and reinsurers.


• Understand issues, resolve problems and review working practices.


• Monitor industry developments through news, webinars, committees and conferences.


• Participate in department meetings to share opinions, ideas, knowledge and solutions, and work to maintain best practices.


• Perform other miscellaneous duties as assigned.

Qualifications

• Four Year College Degree (B.S. or B.A.) or equivalent experience


• Law Degree (J.D.) helpful but not required


• Minimum of 10 years of experience with reinsurance contracts required


• Extensive MS Word experience and expertise


• Experience with Adobe and Microsoft Office products


• Excellent written and oral communication skills


• Excellent organization skills


• Legally authorized to work in the US

Compensation

• $150,000-$200,000 annual base salary plus eligibility for an annual discretionary bonus.


• Howden employees are eligible for Flexible Paid Time Off.


• medical and dental insurance, vision, short-and long-term disability, 401(k), life and AD&D insurance, flexible spending accounts, and optional pet insurance.


• paid parental leave, EAP, Emergency Travel Assistance, UnitedHealthcare Rewards, and access to Calm Health, CloudFit, and MilkMate.

Benefit eligibility begins on the first of the month following the hire date.

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. Howden North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Howden North America will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Howden began in 1994, as just three people and a dog. Now there are 23,000 of us, and we're a leading global insurance group, managing $37bn of premiums for our clients. Our largest shareholder group is us – the people who work in the business – supported by three long-term, minority growth-equity partners who share our vision to build a business to last, one that will never be sold. The owner's mindset is something that's embedded in our culture; our people readily take ownership of their decisions, their actions, and their outputs. They’re invested in every sense. And we all know that by working together to drive the business forward, everyone will benefit from the extraordinary results we can achieve.