Senior Contract Associate

Marsh McLennan•New York, NY

1d•$91,100 - $167,200•Hybrid

About The Position

Marsh Re is looking for individuals with reinsurance contract drafting experience to join our expanding North American Contracts Team. This role can be based in San Francisco, Edina, MN, Philadelphia, New York City or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office. You’ll want to join our team if you value work-life balance, appreciate an inclusive and diverse work culture, and have professional aspirations. We offer a hybrid work schedule for our offices with consideration for other US-based locations. Remote work is an option for candidates with significant reinsurance experience. Our summer schedule includes a mid-day release on Fridays. We demonstrate and support diversity principles through our GC Embrace and Women LEAD (Leadership, Excellence, Action, Development) programs. Whatever your career goals are, we want to provide you with opportunities to expand your skills and gather the professional experience needed to achieve them – and the Contracts Team includes direct career paths into either team management or into the Global Contract Consultant team, our group of reinsurance contract experts.

Requirements

2+ years of reinsurance experience.
Bachelor’s degree or experience in a relevant field.
Strong communication and negotiation skills (both written and verbal), the ability to independently manage and prioritize tasks, attention to detail, and 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 your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations between the client and reinsurers, initiating the contract transmittal and coordinating the execution of all final documentation.
Build relationships with reinsurance brokers and clients and answer any contract-related inquiries on your accounts as needed.
Provide reinsurance contract analysis either independently or in collaboration with the Global Contract Consultant team, including receiving training on and having access to Marsh Re’s AI-assisted contract analysis tool.
Support the development of our team for future success, by mentoring and facilitating our colleagues new to the industry through our Contract Drafter Academy, Marsh Re’s reinsurance onboarding curriculum.
Lead and/or collaborate with colleagues to complete projects on behalf of the Contracts Team, including creating and presenting training on reinsurance industry topics, and developing workflow tools to aid in the efficiency and accuracy of our work product.