At a Glance
- Tasks: Lead contracts strategy and ensure high-quality documentation for clients and business objectives.
- Company: Join a vibrant team at Guy Carpenter, a leader in reinsurance solutions.
- Benefits: Enjoy professional development, a supportive culture, and a range of career opportunities.
- Other info: Work in a dynamic environment with a focus on collaboration and continuous improvement.
- Why this job: Make a real impact by driving operational excellence and modernising contract processes.
- Qualifications: Experience in reinsurance contract drafting and strong communication skills required.
The predicted salary is between 70000 - 90000 £ per year.
We are seeking an experienced, pragmatic leader to own and drive contracts strategy, governance and delivery for Guy Carpenters UK P&C and Europe portfolios. This role combines deep technical expertise in reinsurance contract wording with proven operational leadership: setting standards and processes, building capability, and ensuring consistent, accurate contract output. The successful candidate will be a trusted partner to broking teams, segments and Centres of Excellence and will lead a matrixed team of subject-matter specialists to deliver high-quality, compliant documentation that supports our client and business objectives.
We will count on you to:
- Promote the regional contracts strategy and standards, ensuring alignment with global policy, group risk appetite and market practice.
- Oversee the quality of treaty and facultative contract documentation.
- Develop and expand a proactive, strategic advisory offering to advise clients directly on contracts, interpretation and market standards.
- Keep abreast of market developments, regulatory change and emerging risks; translate implications into practical wording changes and client communications.
- Draft, review, refine and advise on complex treaty wordings and clause language; provide authoritative interpretation and technical guidance on clauses, exclusions, claims and accounting treatment to brokers, account teams and clients.
- Act as the regional escalation point for contract interpretation issues.
- Promote process modernisation and operational excellence, including refinement of templates and clause libraries, and continuous improvement of workflows and metrics.
- Monitor and report on operational performance and quality metrics; identify risks and lead remediation initiatives to maintain service standards.
- Provide training and capability-building for internal stakeholders on contract construction, interpretation and market standards; contribute to knowledge management and training materials.
- Lead and develop a small, matrixed team and liaise with global counterparts to ensure consistent standards and outputs.
What you need to have:
- Demonstrable technical capability in reinsurance or (re)insurance contract drafting and interpretation, with experience supporting treaty wordings and negotiating wording outcomes.
- Proven ability to interpret complex contract issues and produce clear, practical wording and guidance for brokers, underwriters and clients.
- Strong working knowledge of reinsurance concepts and contract provisions across proportional and non-proportional treaty structures.
- Excellent drafting, written and verbal communication skills with experience engaging senior broking, underwriting and client stakeholders.
- High proficiency in MS Office (Excel & PowerPoint) and experience with contract drafting platforms or clause libraries.
- Bachelors degree or equivalent; legal qualification, CII or insurance-related professional qualification is highly desirable.
Reporting lines: will typically manage 13 direct reports. Location and scope: primary location London (Tower Place); regional responsibilities across UK and Europe.
What makes you stand out:
- Prior experience working with UK and European regulatory frameworks.
- Formal legal training (e.g., LLB or admission as a solicitor/barrister) or equivalent legal qualifications.
- Experience implementing or managing contract drafting platforms, clause libraries or automation initiatives.
- Demonstrable experience leading cross-border or matrixed teams and collaborating effectively with global counterparts.
- Strong coaching and capability-building experience, with a focus on embedding best-practice contract standards.
- Track record of delivering operational improvements, defining metrics and remediating risks to maintain service quality.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Contracts Manager in City of London employer: MARSH CORPORATE SERVICES LIMITED
At Guy Carpenter, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to professional development and a vibrant, inclusive culture empowers our employees to thrive while collaborating with talented colleagues on impactful projects. With a focus on operational excellence and continuous improvement, we provide ample opportunities for career growth and a comprehensive benefits package that enhances overall well-being.
Contact Details:
MARSH CORPORATE SERVICES LIMITED Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Contracts Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We can’t stress enough how important it is to build relationships that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their contracts strategy. We recommend practising common interview questions and having examples ready that showcase your expertise in reinsurance and contract management.
✨Tip Number 3
Showcase your skills through real-life scenarios. When you get the chance to interview, use specific examples from your past experiences that highlight your ability to interpret complex contracts and lead teams effectively. We want to see how you can add value!
✨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. Let’s get you that Contracts Manager role!
We think you need these skills to ace Contracts Manager in City of London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in reinsurance contract drafting and interpretation. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Communication Skills:Since this role involves engaging with senior stakeholders, it’s crucial to demonstrate your excellent written and verbal communication skills. Use clear, concise language in your application to reflect your ability to convey complex ideas effectively.
Highlight Leadership Experience:We’re looking for someone who can lead a matrixed team, so be sure to mention any previous leadership roles or experiences you’ve had. Share examples of how you’ve built capability and driven operational excellence in your past positions.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at MARSH CORPORATE SERVICES LIMITED
✨Know Your Contracts Inside Out
Make sure you brush up on your knowledge of reinsurance contract wording and the specific requirements for the role. Be prepared to discuss complex treaty wordings and demonstrate your ability to interpret contract issues clearly.
✨Showcase Your Leadership Skills
Since this role involves leading a matrixed team, be ready to share examples of how you've successfully managed teams in the past. Highlight your experience in coaching and capability-building, as well as any operational improvements you've implemented.
✨Stay Updated on Market Trends
Familiarise yourself with current market developments, regulatory changes, and emerging risks in the reinsurance sector. This will not only show your commitment to the industry but also help you translate these implications into practical solutions during the interview.
✨Prepare Thoughtful Questions
Think of insightful questions to ask about the company's contracts strategy and how they align with global policies. This demonstrates your genuine interest in the role and helps you assess if the company is the right fit for you.