Senior Contract Administrator

2 days ago

London, Greater London, United Kingdom Lancashire Insurance Group Full time

Job Title: Senior Contract Administrator

Job Summary:

Lancashire Insurance Group is seeking a highly skilled Senior Contract Administrator to join our team. As a key member of our reinsurance wordings team, you will be responsible for reviewing, drafting, and negotiating reinsurance and retrocession contract wordings.

Key Responsibilities:

  • Review and draft reinsurance and retrocession contract wordings to ensure alignment with Lancashire's strategies and risk appetites.
  • Provide technical contract wordings advice and guidance to support the business and underwriters.
  • Develop and implement Lancashire standard clauses and ensure compliance with legal and regulatory requirements.
  • Research and stay up-to-date with insurance/reinsurance rulings, legal, and regulatory issues.
  • Communicate and disseminate information internally and interact with other areas of the business.
  • Assist in the investigation of new technologies to enhance team workflow and contract review capabilities.

Requirements:

  • Extensive experience in contract wordings or as a qualified solicitor, preferably gained within a (re)insurance company, broking, or legal environment.
  • Strong analysis and critical thinking skills, ability to identify and analyze problems, and deploy sound decision making.
  • Strong negotiation and flexible interpersonal skills, ability to negotiate, influence, and effectively disseminate knowledge and articulate opinion.
  • Flexible approach to work with the capability to plan, prioritize, manage deadlines, and handle workload to ensure expectations of stakeholders are effectively managed during peak renewal periods.

About Us:

Lancashire Insurance Group is a leading provider of reinsurance solutions. We are committed to delivering exceptional service and expertise to our clients. If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity.

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