Reinsurance Contract Drafter (AVP/VP)

Marsh; Highland Hills (OH); On-site; USD 91,100 - 167,200; Full time

Benefits offered by this job

Hybrid work schedule

Anchor day for team meetings

Professional development opportunities

Job summary

Marsh seeks experienced professionals to join its North American Contracts Team, handling end-to-end reinsurance contract drafting and execution. The role offers hybrid schedules with offices in New York, Edina, Seattle, and Philadelphia, and remote options for candidates with substantial reinsurance experience.

Candidates provide 2+ years of reinsurance experience, a Bachelor’s degree or relevant background, and strong communication and negotiation skills.

Qualifications

• 2+ years of reinsurance experience.
• Bachelor’s degree or relevant experience in the field.
• Strong communication and negotiation skills, ability to independently manage and prioritize tasks.

Responsibilities

• Manage the complete lifecycle of a reinsurance contract, drafting language reflecting negotiations and coordinating execution.
• Build relationships with reinsurance brokers and clients and answer contract inquiries.
• Provide contract analysis, including training on AI-assisted tools, independently or with the Global Contract Consultant team.
• Support team development by mentoring colleagues new to the industry through the Contract Drafter Academy.
• Lead or collaborate on projects and train others on reinsurance topics and workflows.

Skills

Communication skills

Negotiation skills

Task management

Attention to detail

Education

Bachelor’s degree or relevant experience

Tools

Microsoft Office

Job description

Job Overview

Guy Carpenter is looking for individuals with reinsurance contract drafting experience to join our expanding North American Contracts Team. The level of experience will determine your role (Contract Associate, Senior Contract Associate, or Senior Contract Specialist) and title (Assistant Vice President, Vice President, or Senior Vice President).

Location & Work Environment

We offer a hybrid work schedule for our offices in New York, NY; Edina, MN; Seattle, WA; and Philadelphia, PA, with consideration for other U.S.-based locations. Remote work is an option for candidates with significant reinsurance experience. Our current summer schedule includes a mid‑day release on Fridays.

Professional Development

We provide opportunities to expand your skills and gain the professional experience needed to achieve your career goals, including direct career paths into team management or into the Global Contract Consultant team, our group of reinsurance contract experts.

Responsibilities

• Manage the complete lifecycle of a reinsurance contract for assigned accounts, including drafting the contract language to reflect the intent of negotiations between the client and reinsurers, initiating the contract transmittal, and coordinating execution of all final documentation.
• Build relationships with reinsurance brokers and clients and answer any contract‑related inquiries on accounts as needed.
• Provide reinsurance contract analysis independently or in collaboration with the Global Contract Consultant team, including receiving training on and having access to Guy Carpenter’s AI‑assisted contract analysis tool.
• Support the development of the team for future success by mentoring and facilitating colleagues new to the industry through our Contract Drafter Academy.
• Lead and/or collaborate with colleagues to complete projects on behalf of the Contracts Team, including creating and presenting training on reinsurance industry topics and developing workflow tools to aid in the efficiency and accuracy of our work product.

Qualifications

• 2+ years of reinsurance experience.
• Bachelor’s degree or relevant experience in the field.
• Strong communication and negotiation skills (both written and verbal), ability to independently manage and prioritize tasks, attention to detail, and proficiency in Microsoft Office (Word, Excel, PowerPoint).

Preferred qualifications

• Associate in Reinsurance (ARe) designation and/or law degree.
• Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends.

Benefits

We empower you to excel through professional development opportunities, engaging work, and supportive leadership. We promote a vibrant and inclusive culture that encourages collaboration and innovation, and we offer comprehensive benefits and rewards designed to enhance your well‑being.

Salary and Incentives

The applicable base salary range for this role is $91,100 to $167,200. Base pay will be determined by experience, skills, training, location, certifications, education, and applicable minimum wage requirements. In addition to the base salary, this position may be eligible for performance‑based incentives.

Equity and EEO Statement

Marsh is committed to embracing a diverse, inclusive and flexible work environment and aims to attract and retain the best people. If you have a need that requires accommodation, please let us know by contacting [e-mail]. Marsh is committed to hybrid work and expects colleagues to be in the local office at least three days per week, with an “anchor day” per week for full team meetings.