Reinsurance Contract Drafter

Marsh McLennanPhiladelphia, PA
$91,100 - $167,200Hybrid

About The Position

Guy Carpenter is seeking individuals with reinsurance contract drafting experience to join their expanding North American Contracts Team. The specific role and title (Contract Associate, Senior Contract Associate, or Senior Contract Specialist; Assistance Vice President, Vice President, or Senior Vice President) will depend on the candidate's level of experience. The company values work-life balance, offers a hybrid work schedule with remote options for experienced candidates, and promotes an inclusive and diverse work culture through programs like GC Embrace and Women LEAD. They also provide opportunities for professional growth with career paths into team management or the Global Contract Consultant team.

Requirements

  • 2+ years of reinsurance experience.
  • Bachelor’s degree or experience in a relevant field.
  • Strong communication and negotiation skills (written and verbal).
  • Ability to independently manage and prioritize tasks.
  • Attention to detail.
  • Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint).

Nice To Haves

  • Associate in Reinsurance (ARe) designation and/or law degree.
  • Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends.

Responsibilities

  • Manage the complete lifecycle of a reinsurance contract for assigned accounts, including drafting contract language to reflect negotiation intent, initiating contract transmittal, and coordinating final documentation execution.
  • Build relationships with reinsurance brokers and clients, and address contract-related inquiries.
  • Provide reinsurance contract analysis, independently or with the Global Contract Consultant team, utilizing AI-assisted contract analysis tools.
  • Support team development by mentoring new colleagues through the Contract Drafter Academy.
  • Lead and/or collaborate on projects for the Contracts Team, including creating and presenting training on reinsurance topics and developing workflow tools.

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings
  • Other retirement programs
  • Employee assistance programs
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