Drafts and maintains reinsurance contracts and related agreements under supervision. Reviews contract wording for accuracy, interprets reinsurance concepts, performs quality assurance, and provides technical guidance to brokers, clients, and reinsurers. Supports proposals and sales presentations by recommending coverage and wording enhancements while maintaining professional relationships and contributing to departmental best practices.
Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.
About Role
- As a Junior Contract Drafter, you will create, develop and maintain reinsurance contract documentation and use your knowledge of insurance/reinsurance concepts to assist broker teams with myriad projects.
- Under moderate supervision of experienced contract drafters, 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.
- 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 0-2 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
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