Review and create along with the reinsurance treaty and fac teams all documentation relating to the company's reinsurance business (binders, slips, contracts, I&L Agreements, agreements, assignments, and NDAs) against specific requirements of each placement.
Raise potential issues as appropriate and negotiate resolution with brokers/ counterparties.
Perform quality assurance review of contracts to ensure contract wording reflects intent of the negotiations.
Consider International Licensing issues.
Consider and provide guidance to stakeholders on compliance with GDPR and the Personal Information Protection Act.
Promote and maintain relationships with clients and key business partners, including participating in regular conference calls/meetings with key clients to obtain feedback on outstanding contract issues.
Compile library of approved wordings (e.g., required reinsurance clauses, template contracts, NDAs, etc.)
Schedule meetings, prepare Lunch & Learn packages and participate on the strategic planning of Contract Management.

2+ years of Reinsurance contract review experience
Knowledge of reinsurance contract documentation, reinsurance concepts, and basic regulatory issues and/or keen interest to learn those
Excellent organizational skills
Strong attention to detail
Legal training is not a requirement, but it is desired
At ease communicating with people at every level of the organization & able to work with remote colleagues
Data-driven and innovative-minded, you are able to trial and implement new applications and digital ways of working.

Reinsurance Contract Wordings Specialist

Key skills