Senior Reinsurance Contracts Counsel, Property & Casualty

Swiss ReArmonk, NY
59d$156,000 - $240,000

About The Position

Our team is seeking a Senior Reinsurance Contracts Counsel to join us in supporting property and casualty reinsurance business in North America. You will draft and review reinsurance contract wordings, advise on reinsurance contract related matters and engage with internal and external clients to negotiate and finalize the terms of reinsurance contracts.

Requirements

  • Degree in Law or equivalent education
  • A minimum of 5 years of professional experience as an attorney or related (re)insurance experience
  • Strong knowledge of contract related legal and contractual principles and practices relating to (re)insurance
  • Solid understanding of P&C products and the North American (re)insurance market
  • Strong analytical and communication skills
  • Well informed about and proficient in the use of modern technology, including tool & systems and willingness to support the development of such tools on a fast-paced transformation journey, digital contracting capabilities a plus
  • Agile, pragmatic, and can-do attitude

Responsibilities

  • Apply your senior level reinsurance experience and extensive legal skills to the development of our reinsurance contracts
  • Independently draft and critique reinsurance contracts and related documents to align written agreements with business intent and corporate requirements
  • Align Swiss Re's reinsurance contracts with applicable law, regulations and internal requirements
  • Coordinate, communicate and participate in development of corporate policies on contract related matters
  • Collaborate with internal partners in contract negotiations, including discussions with external clients and brokers
  • Act as expert technical advisor, providing guidance to various corporate functions regarding contract interpretation, implications of contract language and best practices
  • Conduct AI-assisted data deep dives into various underwriting portfolios to assess and advise on contract terms and conditions
  • Contributing to our technology transformation journey by supporting the enhancement of our contract management IT infrastructure comprising various on-line contract knowledge databases, governance related materials, service catalogues, and client relationship information repositories
  • Develop training materials and deliver training on contract related matters
  • Maintain strong governance risk and control standards with respect to contract wordings and processes, and assist on compliance reviews and inquiries

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Insurance Carriers and Related Activities

Education Level

Ph.D. or professional degree

Number of Employees

5,001-10,000 employees

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