Contract Wording Specialist
Company Description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
Grow in a supportive environment
Connect with a community of experts
View Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.
We are always looking for bright, proactive individuals to join our team!
Please follow our Careers page for all updates on new positions. We look forward to receiving your application.
PartnerRe is an equal opportunities employer.
Please join our company LinkedIn Page for all updates on new positions that are coming live.
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
#LI-Hybrid
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
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Established in 1993, PartnerRe is headquartered in Pemboka, Bermuda. They are a reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their business through reinsurance solution.
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