Contract Drafter (Associate Director)

Howden • Stamford, CT

9d • $125,000 - $145,000 • Remote

About The Position

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service. About Role TigerRisk Partner LLC dba Howden Re Associate Director - Contract Drafting Location: Stamford, CT Job Description The Associate Director Contract Drafting will draft reinsurance contracts, interests and liabilities agreements and related documents in coordination with brokers, clients and reinsurers in the Treaty Reinsurance market. Create, develop and maintain reinsurance contract documentation and use knowledge of insurance/reinsurance concepts to assist broker teams with myriad projects. Interpret and assess contracts and perform quality assurance review to ensure contract wording reflects intent of reinsurance negotiations. Assess potential reinsurance exposure due to attritional and catastrophic losses. Participate in Request for Proposal and sales presentations by recommending coverage and wording enhancements. Promote, build and maintain relationships with brokers, clients and reinsurers. Understand issues, resolve problems and review working practices. Participate in department meetings to share opinions, ideas, knowledge and solutions, and work to maintain best practices. Provide technical guidance to colleagues, brokers, clients and reinsurers as appropriate regarding reinsurance concepts and contract language application. Telecommuting available anywhere in the United States.

Requirements

• Requires at least Bachelor’s degree or foreign equivalent in Business and Quality Management, Quality Management, or a related field.
• Must possess 2 years (24 months) of experience with a reinsurance intermediary in Treaty Reinsurance market, including experience with all of the following: (a) drafting and assisting in drafting reinsurance contracts through collaboration with brokers and the parties to the contract in the Treaty Reinsurance market; (b) interpreting and assessing contracts to ensure they reflect the intent of the reinsurance negotiations by coordinating with the broking teams and peer review in the Treaty Reinsurance market; (c) promoting, building and maintaining relationships with brokers, clients, and markets through regular communication via emails and virtual meetings using Zoom and Microsoft Teams to provide updates and respond to inquiries; (d) creating, developing, and maintaining reinsurance contract documentation for the Treaty Reinsurance market; (e) using Microsoft Office to draft and edit documents; (f) participating in team meetings and activities to share opinions, ideas, knowledge, and solutions; and (g) updating a library of clauses to comply with any wording required by regulation.
• Experience may be gained concurrently.
• This position requires only little domestic travel, up to 24% of the time.
• Telecommuting available anywhere in the United States.

Responsibilities

• Draft reinsurance contracts, interests and liabilities agreements and related documents in coordination with brokers, clients and reinsurers in the Treaty Reinsurance market.
• Create, develop and maintain reinsurance contract documentation and use knowledge of insurance/reinsurance concepts to assist broker teams with myriad projects.
• Interpret and assess contracts and perform quality assurance review to ensure contract wording reflects intent of reinsurance negotiations.
• Assess potential reinsurance exposure due to attritional and catastrophic losses.
• Participate in Request for Proposal and sales presentations by recommending coverage and wording enhancements.
• Promote, build and maintain relationships with brokers, clients and reinsurers.
• Understand issues, resolve problems and review working practices.
• Participate in department meetings to share opinions, ideas, knowledge and solutions, and work to maintain best practices.
• Provide technical guidance to colleagues, brokers, clients and reinsurers as appropriate regarding reinsurance concepts and contract language application.

Benefits

• In addition to a competitive base salary, employees are eligible to receive a discretionary bonus.
• Medical, dental, and vision insurance, including healthcare savings and reimbursement accounts
• 401(k) retirement plan
• Flexible Paid Time Off and paid parental leave
• Life and Disability insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level