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- Tasks: Draft and review reinsurance contracts while collaborating with a dynamic team.
- Company: Join Acrisure, one of the top 10 insurance brokers globally.
- Benefits: Competitive salary, growth opportunities, and a vibrant work culture.
- Why this job: Make a real impact in a fast-paced environment with innovative solutions.
- Qualifications: 4+ years in insurance and reinsurance contract expertise required.
- Other info: Be part of a rapidly growing team with unique entrepreneurial spirit.
The predicted salary is between 72000 - 108000 £ per year.
Acrisure London Wholesale is a fast growing, and dynamic division of Acrisure Re UK Limited, placing open-market facultative insurance and reinsurance business for retail and wholesale insurance broking clients. We are seeking a motivated contract wording specialist with at least 4 years' experience to work alongside two dedicated specialist professionals.
Duties and Responsibilities:- Draft, review, and deliver reinsurance contracts to internal and external clients that accurately reflect negotiated terms.
- Deliver all contracts in a timely manner.
- Revise documents as needed throughout the lifecycle of the (re)insurance placement and evaluate contract revisions holistically to ensure contract terms continue to align.
- Practice the collaborative, negotiation and investigative skills needed to secure detailed contract information to promote efficient workflow with broker teams.
- Make informed, thoughtful and relevant recommendations to the contractual product, raising potential issues as appropriate.
- Offer informed interpretations of contract language, ensuring contract wording reflects intent of reinsurance negotiations.
- Proactively recommend coverage and wording enhancements and raise potential coverage issues, as appropriate.
- Engage in calls with clients, markets and colleagues in a professional manner.
- Leverage excellent writing skills to influence internal and external business partners and expedite contract negotiations.
- At least 4 years' experience and expertise in the construction of insurance and facultative reinsurance.
- Knowledge of Market Reform Contracts.
- Required ability to work within a team framework.
Acrisure is an integrated team of insurance and facultative reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance.
Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure's dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.
VP Contracts in London employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Contracts in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Acrisure and its unique business model. Understand their approach to contract wording and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate, but someone who truly gets what they do.
✨Tip Number 3
Practice your negotiation skills! Since the role involves collaboration and negotiation, consider role-playing scenarios with a friend. This will help you articulate your thoughts clearly and confidently during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Acrisure team. Let’s get you that VP Contracts position!
We think you need these skills to ace VP Contracts in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP Contracts role. Highlight your experience in drafting and reviewing reinsurance contracts, as well as any relevant skills that align with our needs. We want to see how your background fits into our dynamic team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your expertise can contribute to our success at Acrisure London Wholesale. Keep it professional but let your personality come through!
Showcase Your Writing Skills: Since excellent writing skills are key for this position, make sure your application is clear, concise, and free of errors. We want to see that you can communicate effectively, just like you would in contract negotiations.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Acrisure, LLC
✨Know Your Contracts Inside Out
Make sure you’re well-versed in the specifics of reinsurance contracts and Market Reform Contracts. Brush up on your knowledge of contract wording and be ready to discuss how you’ve successfully drafted or revised contracts in the past.
✨Showcase Your Collaborative Skills
Since this role involves working closely with broker teams, prepare examples that highlight your teamwork and negotiation skills. Think of situations where you’ve effectively collaborated to resolve issues or enhance contract terms.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific contract-related scenarios. Prepare by thinking through potential challenges you might face in the role and how you would address them, demonstrating your problem-solving abilities.
✨Communicate Clearly and Confidently
Your writing and communication skills are crucial for this position. Practice articulating your thoughts clearly and confidently, especially when discussing complex contract language or negotiations. This will help you make a strong impression during the interview.
