Contract Drafter

Howden•New York, NY

About The Position

Howden Re is a global reinsurance broker and risk, capital, and strategic advisor focused on innovation, analytics, and client service. The Junior Contract Drafter creates, develops, and maintains reinsurance contract documentation and uses knowledge of insurance and reinsurance concepts to support broker teams. Under moderate supervision from experienced contract drafters, the role drafts reinsurance contracts, interests and liabilities agreements, and related documents in coordination with brokers, clients, and reinsurers. The position also interprets and assesses contracts, performs quality assurance reviews, provides technical guidance on reinsurance concepts and contract language, and contributes to proposals and sales presentations. The drafter builds and maintains professional relationships, helps resolve issues, reviews working practices, and contributes to department meetings and best practices.

Requirements

  • Four-year college degree (B.S. or B.A.) or equivalent experience.
  • Minimum of 0–2 years of experience with reinsurance contracts.
  • Extensive experience and expertise with MS Word.
  • Experience with Adobe and Microsoft Office products.
  • Excellent written and oral communication skills.
  • Excellent organizational skills.
  • Legally authorized to work in the United States.

Nice To Haves

  • Law degree (J.D.) is helpful but not required.

Responsibilities

  • Draft reinsurance contracts, interests and liabilities agreements, and related documents in coordination with brokers, clients, and reinsurers.
  • Interpret and assess contracts and perform quality assurance reviews to ensure wording reflects the intent of reinsurance negotiations.
  • Provide technical guidance to colleagues, brokers, clients, and reinsurers on reinsurance concepts and contract language as appropriate.
  • 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 help maintain best practices.
  • Perform other miscellaneous duties as assigned.
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