Contract Wording Specialist PartnerRe in London
Contract Wording Specialist PartnerRe

Contract Wording Specialist PartnerRe in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse contracts and provide expert advice on wording adequacy and compliance.
  • Company: Join PartnerRe, a diverse and inclusive leader in the insurance industry.
  • Benefits: Competitive salary, supportive work culture, and opportunities for professional growth.
  • Why this job: Make a real impact by shaping contract language in a dynamic environment.
  • Qualifications: 5-7 years in insurance or reinsurance with strong analytical and communication skills.
  • Other info: Collaborative team atmosphere with a focus on continuous learning and development.

The predicted salary is between 36000 - 60000 £ per year.

The Contract Wording Specialist will analyze U.S. and International treaties and ancillary documents and provide Underwriters with advice regarding wording adequacy and alignment with the Company’s underwriting guidelines and best practices. This role will report to the Global Head of Contracts.

Key Responsibilities

  • Analyze incoming contracts and endorsements to check for deviations from company underwriting guidelines or agreed-upon terms.
  • Evaluate clauses and provisions related to various lines of P&C business and craft solutions and recommendations for Underwriters.
  • Prepare reinsurance (assumed and ceded) contracts, endorsements, NDAs and policy forms based on corporate standards. Develop contract wording templates.
  • Work with Contract Wording team, Underwriters, Claims personnel, and Legal colleagues to refine wordings, interpret policy language, resolve contract issues and establish best practices.
  • Stay current on insurance and reinsurance industry trends and regulatory changes impacting reinsurance contract wording issues.
  • Organize and update contractual resources, including wording templates and filing systems.

Technical Skills

  • Expertise with relevant software, including Microsoft Word, Excel, and SharePoint.
  • Excellent analytical and communication skills.
  • High attention to detail and ability to spot errors and inconsistencies.

Behavioral Competencies

  • Excellent written communication skills, including demonstrated competence in technical reading, writing and communicating in English.
  • Strategic and analytical thinker, including basic math proficiency and proven problem solving.
  • Adaptable to proprietary systems/applications as demonstrated by previous experience.
  • Demonstrated collaborative and learning mindset.

Work Experience

A minimum of 5 to 7 years of experience in insurance or reinsurance contract drafting, underwriting, legal, or claims.

Education

A JD, Bachelor’s Degree, Paralegal Degree or ARe preferred.

Additional Information

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

Contract Wording Specialist PartnerRe in London employer: iax

PartnerRe is an exceptional employer that fosters a diverse and inclusive work environment, empowering employees to excel in their roles. As a Contract Wording Specialist, you will benefit from a collaborative culture that encourages professional growth and development, while working alongside industry experts in a dynamic setting. Located in a vibrant area, PartnerRe offers unique opportunities to stay at the forefront of insurance and reinsurance trends, making it a rewarding place to build your career.
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Contact Detail:

iax Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Contract Wording Specialist PartnerRe in London

✨Tip Number 1

Network like a pro! Reach out to folks in the insurance and reinsurance sectors, especially those who work with contract wording. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Show off your skills! Prepare a portfolio showcasing your best contract drafting work. When you get an interview, bring it along to demonstrate your expertise and attention to detail—this will set you apart from the crowd.

✨Tip Number 3

Stay updated on industry trends! Follow relevant blogs, podcasts, or LinkedIn groups. Being knowledgeable about current issues in reinsurance will not only help you in interviews but also show your passion for the field.

✨Tip Number 4

Apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining us. Plus, it gives you a better chance of getting noticed by our hiring team.

We think you need these skills to ace Contract Wording Specialist PartnerRe in London

Contract Analysis
Underwriting Guidelines Knowledge
P&C Business Knowledge
Reinsurance Contract Preparation
Contract Drafting
Attention to Detail
Technical Writing
Analytical Skills
Communication Skills
Problem-Solving Skills
Collaboration
Adaptability to Proprietary Systems
Microsoft Word
Microsoft Excel
SharePoint

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Contract Wording Specialist role. Highlight your experience in analysing contracts and your understanding of underwriting guidelines. We want to see how your skills align with what we’re looking for!

Show Off Your Skills: Don’t hold back on showcasing your technical skills! Mention your expertise with Microsoft Word, Excel, and SharePoint, as well as your analytical abilities. We love seeing candidates who can communicate complex ideas clearly and effectively.

Be Detail-Oriented: Attention to detail is key in this role. When you submit your application, double-check for any errors or inconsistencies. We appreciate candidates who take the time to ensure their work is polished and professional.

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 serious about joining our team!

How to prepare for a job interview at iax

✨Know Your Contracts

Before the interview, brush up on your knowledge of U.S. and International treaties. Be prepared to discuss specific clauses and how they align with underwriting guidelines. This will show that you understand the nuances of contract wording and can provide valuable insights.

✨Showcase Your Analytical Skills

During the interview, highlight your analytical abilities by discussing past experiences where you evaluated contracts or resolved discrepancies. Use examples that demonstrate your attention to detail and problem-solving skills, as these are crucial for the role.

✨Familiarise Yourself with Industry Trends

Stay updated on the latest trends in the insurance and reinsurance sectors. Bring up recent regulatory changes or industry news during your conversation to show that you’re proactive and knowledgeable about the field.

✨Demonstrate Collaboration

Since this role involves working closely with Underwriters, Claims personnel, and Legal colleagues, be ready to discuss how you've successfully collaborated in the past. Share examples that illustrate your teamwork skills and your ability to adapt to different perspectives.

Contract Wording Specialist PartnerRe in London
iax
Location: London
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  • Contract Wording Specialist PartnerRe in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • I

    iax

    50-100
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