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Reinsurance Contract Specialist

4 weeks ago

London, Greater London, United Kingdom IDEX Consulting Ltd Full time

Reinsurance Contract Specialist

An exciting opportunity to work with a leading global reinsurance business. As a Reinsurance Contract Specialist, you will be responsible for the management of reinsurance contracts and wordings across a global portfolio of reinsurance clients.

  • Key Responsibilities:
  • Draft and review reinsurance contracts, attending documentation and related correspondence
  • Assist brokers, clients, and markets in resolving issues related to contract wording
  • Draft, review and endorse documentation for the London Market (London Slips)
  • Review contract documents for completeness, accuracy and consistency
  • Coordinate with broker colleagues to review reinsurance contract terms
  • Contribute to maintenance of library of clauses
  • Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
  • Ensure that general processing and quality of assigned accounts complies with team guidelines
  • Participate in marketing presentations to prospective and existing clients
  • Gain industry knowledge by participating in industry training and mentoring programs

Requirements:

  • Law graduate or experience in the industry, with proven knowledge of (re)insurance practices
  • Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing and communicating in English
  • Strategic and analytical thinker, including basic math proficiency and problem solving
  • Detail oriented
  • Adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms
  • Nominal travel may be required

About IDEX Consulting Ltd:

IDEX Consulting Ltd is a leading global reinsurance business. We strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work.