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Senior Reinsurance Contracts Specialist

2 months ago

London, Greater London, United Kingdom Swiss Re Full time

About the Role

Swiss Re is seeking a Senior Reinsurance Contracts Counsel to join our team in supporting reinsurance business in EMEA. As a key member of our team, you will be responsible for drafting and reviewing reinsurance contract wordings, advising on reinsurance contract-related matters, and engaging with internal and external clients to negotiate and finalize the terms of reinsurance contracts.

Key Responsibilities

  • Draft and review reinsurance contract wordings to ensure alignment with business intent and corporate requirements.
  • Advise on reinsurance contract-related matters, including compliance with applicable law, regulations, and internal requirements.
  • Collaborate with internal partners in contract negotiations, including discussions with external clients and brokers.
  • Act as an expert technical advisor, providing guidance to various corporate functions regarding contract interpretation, implications of contract language, and standard methodologies.
  • Contribute to our technology transformation journey by supporting the enhancement of our contract management IT infrastructure, working closely with and developing tools.
  • Develop training materials and deliver training to ensure that all stakeholders have a thorough understanding of reinsurance contracts.
  • Maintain strong governance, risk, and control standards with respect to contract wordings and processes.

About You

We are looking for a candidate with a strong understanding of relevant law, regulations, and market practices in the EMEA region. You will require strong analytical abilities, experience in business negotiations, and excellent written and verbal communication skills, including the ability to engage confidently and in an impactful manner with internal partners and clients. We are seeking a candidate with an innovative, pragmatic, and results-oriented attitude, who possesses the ability to work independently with a sense of personal responsibility and accountability, while also building cooperative relationships with partners.

Requirements

  • University degree in law and further professional legal qualifications.
  • Experience in re/insurance as a lawyer/attorney or related experience such as contract/policy specialist or claims handling role.
  • Solid understanding of P&C products and local re/insurance markets.
  • Digital contracting capabilities, data analytical capabilities are a plus.
  • Strong negotiations and communication skills.
  • Analytical and critical thinking.
  • Agile, pragmatic, and can-do attitude.
  • Strong financial and business acumen.
  • Experience in project management, preferably as leading project manager.
  • Proficiency in verbal and written English is required, and additional European language is an advantage.