Contract Wording Specialist PartnerRe

Posted 3 hours 34 minutes ago by iax

Permanent
Full Time
Other
England, United Kingdom
Job Description
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 Company's 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, Bachelor's Degree, Paralegal Degree or ARe preferred.

Additional Information

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