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For Companies At a Glance
- Tasks: Draft and review reinsurance contracts while collaborating with a dynamic team.
- Company: Join Acrisure, one of the top 10 insurance brokers globally, known for innovation.
- Benefits: Full-time role with opportunities for professional growth in a fast-paced environment.
- Why this job: Make a real impact in the insurance industry with your expertise and skills.
- Qualifications: 4+ years in insurance and facultative reinsurance with strong teamwork abilities.
- Other info: Be part of a rapidly growing company with an entrepreneurial culture.
The predicted salary is between 36000 - 60000 £ per year.
Acrisure London Wholesale is a fast growing, 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.
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.
Experience Required
- 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.
- Reporting to COO.
About Acrisure
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 employer: ACRISURE
Contact Detail:
ACRISURE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Contracts
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can help you land that VP Contracts role.
✨Tip Number 2
Prepare for those interviews by practising common questions and scenarios related to contract negotiations. We suggest role-playing with a friend to get comfortable discussing your experience and showcasing your skills.
✨Tip Number 3
Showcase your expertise in contract wording during interviews. Bring examples of past contracts you've worked on and be ready to discuss how you’ve navigated complex negotiations. We want to see your thought process!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace VP Contracts
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, and don’t forget to showcase your collaborative skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Acrisure. Share specific examples of your past work that align with the responsibilities listed in the job description.
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’re looking for someone who can influence and expedite contract negotiations through their writing!
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 keen on joining our dynamic team!
How to prepare for a job interview at ACRISURE
✨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 language and be ready to discuss how you’ve navigated complex negotiations in the past.
✨Showcase Your Collaborative Skills
Since this role involves working closely with broker teams, be prepared to share examples of how you’ve successfully collaborated in previous positions. Highlight any experiences where your negotiation and investigative skills led to efficient workflows.
✨Prepare Thoughtful Questions
Think about what you want to know regarding Acrisure’s approach to contract wording and their growth strategy. Asking insightful questions not only shows your interest but also demonstrates your understanding of the industry.
✨Demonstrate Excellent Communication
As this role requires engaging with clients and colleagues professionally, practice articulating your thoughts clearly. You might even want to prepare a brief pitch about your experience and how it aligns with Acrisure’s goals to influence your interviewers positively.
