Reinsurance Contract Wording Specialist
2 weeks ago
**Reinsurance Contract Wording Specialist***
**What can you expect**:
- An exciting opportunity has become available for an experienced Contract Wording Specialist to join Guy Carpenter in Singapore. Reporting to the Head of Contract Wording, APAC, you will be responsible for contract drafting and advising on complex client account assignments, along with coaching junior colleagues on contract wording.
- Work with Reinsurance professionals with experience and technical knowledge within major or commercial lines of business.
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk.
**What is in it for you?**
- Be part of a reputable and recognized brand in the industry by working with and learning from industry leading experts in the field.
- Unprecedented opportunity to meaningfully impact our clients and make a difference.
- Access to Employee Resource Groups that provide mentorship and development opportunities.
- Exposure and involvement with a range of high profile clients from the South East Asia region and occasionally supporting the other markets within the APAC region.
- Professional environment where your career path really matters and is supported in our global organization.
- Great team environment with energetic and supportive colleagues.
**We will rely on you to**:
- Expertly draft and provide contract wording solution in support of reinsurance placements.
- Interpret and assess contracts, performing quality assurance review to ensure contract wording reflects intent of reinsurance negotiations.
- Communicate reinsurance technical, regulatory-aware and market
- Recommend coverage and wording enhancements where opportunities exist.
- Advice management about client issues or trends through clear and concise communication and participate in solutions.
- Develop and deliver training for Clients and Internal Departments as requested.
- Guide peers to produce relevant documents to educate Brokers and Clients on changes or challenges that could impact a Client’s reinsurance strategies.
- Drive technical soundness reviews of all documentation for seasoned contract colleagues as assigned, mindful of Company procedures and Company and/or Client preferred clause and protocols.
- Research and respond to inquiries from Brokers, Clients and Markets, demonstrating sound and relevant technical acumen and issue resolution skills.
- Perform technical and overall quality reviews of all reinsurance contract documentation.
- Actively enforce compliance and internal governance within policies and procedures for assigned colleagues.
- Proactively address operational and service delivery issues, elevating to management as needed.
**What you need to have**:
- Bachelor’s Degree, professional qualification in (re)insurance and relevant experience.
- 10+ years of related experience in insurance/reinsurance industry, preferably as underwriter or broker in previous roles.
- Effective verbal and written communication skills.
- Prior experience of working within a technical capacity.
- Strong communication and negotiation skills, both written and verbal.
- Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required.
**What makes you stand out**:
- Highly motivated and meticulous.
- Strong creative problem-solving and analytical skills.
- Able to multi-task and work well under pressure.
- Able to work independently as well as within a team.
- Able to work as part of a high performance team.
- Able to engage, influence and negotiate with clients, market contacts and colleagues in a professional manner.
- Able to manage expectations of all clients and stakeholders.
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