At a Glance
- Tasks: Draft and develop insurance contracts, ensuring compliance and alignment with business goals.
- Company: Join Swiss Re, a leading provider of innovative insurance solutions.
- Benefits: Competitive salary, performance bonuses, hybrid work model, and global benefits.
- Other info: Dynamic team environment with opportunities for professional growth and development.
- Why this job: Make an impact in the insurance industry while collaborating with experts.
- Qualifications: Experience in underwriting or claims, strong communication skills, and attention to detail.
The predicted salary is between 100000 - 150000 € per year.
As an Insurance Contracts Specialist, you will be at the intersection of contractual precision and insurance expertise, ensuring our contracts are robust, compliant, and aligned with the UK business unit goals. You will collaborate with underwriters and stakeholders to develop tailored solutions that protect our interests while meeting client needs.
Key Responsibilities
- Draft and develop UK Swiss Re Corporate Solutions (CorSo) forms, ad hoc clauses and wordings with precision and accuracy.
- Review and analyze third‑party manuscript wordings to identify risks and breaches of internal guidelines.
- Collaborate with underwriters and internal stakeholders on complex wording topics.
- Conduct audits through comprehensive contracts reviews to ensure compliance and quality.
- Monitor market developments to proactively ringfence contracts and identify emerging trends.
- Analyze competitors' wordings to gain insights into prevailing market standards and enhance understanding of operational practices within the UK market.
- Deliver training and awareness sessions to enhance stakeholder knowledge of policy wordings and contract principles.
- Provide expert guidance on contractual matters to support business goals and risk management.
About The Team
The EMEA Contracts & Wording team is responsible for drafting large‑risk insurance policy wordings and clauses, reviewing third‑party wordings, and providing expert consultation on contractual matters. We work closely with underwriters to ensure robust contract development while monitoring market trends to protect the company’s interests. Our team also delivers specialized training to enhance organizational understanding of insurance contract principles.
About You
You are a detail‑oriented professional who is passionate about underwriting and contractual precision. You thrive in collaborative environments where you can apply your analytical mindset to solve complex problems. Your communication skills allow you to explain intricate contractual concepts clearly to diverse stakeholders, and you are committed to continuous learning in an evolving insurance landscape.
Requirements
- Demonstrated experience in underwriting or claims, with a solid understanding of insurance principles.
- Comprehensive knowledge of Casualty and FinPro wordings and their practical applications.
- Legal aptitude and exceptional attention to detail with ability to analyze complex contractual language.
- Track record of building strong relationships with underwriters and functioning as an integrated team member.
- Demonstrated ability to influence stakeholders and negotiate contract changes effectively.
- Strong ability to communicate effectively.
Nice to Have
- Insurance education or legal qualification.
- Experience working in international insurance markets.
- Knowledge of multiple lines of business beyond Casualty and FinPro.
- Proficiency in additional European languages.
Hybrid Work Model
The company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group, offering innovative insurance solutions to large and mid‑sized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure while our industry‑leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone can thrive and develop professionally, regardless of age, gender, race, ethnicity, gender identity, sexual orientation, physical or mental ability, skillset or other characteristics.
Senior Insurance Contracts Specialist (Hybrid - 80-100%) in London employer: Swiss Re
Swiss Re Corporate Solutions is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to thrive and develop professionally. With a hybrid work model and a competitive salary range, the company offers a variety of global and location-specific benefits, alongside opportunities for continuous learning and growth in the dynamic field of insurance. Joining our EMEA Contracts & Wording team means being part of a dedicated group that values precision, innovation, and strong stakeholder relationships, all while working in the vibrant city of London.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Contracts Specialist (Hybrid - 80-100%) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Swiss Re or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Casualty and FinPro wordings. Be ready to discuss how you’ve tackled complex contractual issues in the past. Show them you’re not just detail-oriented but also a problem solver!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Swiss Re.
We think you need these skills to ace Senior Insurance Contracts Specialist (Hybrid - 80-100%) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in underwriting and insurance principles. We want to see how your skills align with the role of an Insurance Contracts Specialist, so don’t hold back on showcasing your relevant expertise!
Showcase Your Attention to Detail:Since this role is all about contractual precision, it’s crucial to demonstrate your attention to detail. Use specific examples from your past work where you’ve successfully navigated complex contractual language or ensured compliance in your projects.
Highlight Collaborative Experiences:We love team players! Share instances where you’ve collaborated with underwriters or stakeholders to develop tailored solutions. This will show us that you can thrive in our collaborative environment and contribute effectively to our team.
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 gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Swiss Re
✨Know Your Contracts Inside Out
Before the interview, make sure you thoroughly understand the key responsibilities of the role. Familiarise yourself with UK insurance contracts, especially Casualty and FinPro wordings. Being able to discuss specific examples of your experience with drafting and reviewing contracts will show that you're not just knowledgeable but also passionate about the field.
✨Showcase Your Analytical Skills
Prepare to discuss how you've previously identified risks in contractual language or improved compliance through audits. Use concrete examples to illustrate your analytical mindset and problem-solving abilities. This will demonstrate your capability to handle complex wording topics and collaborate effectively with underwriters.
✨Communicate Clearly and Confidently
Since the role requires explaining intricate concepts to diverse stakeholders, practice articulating your thoughts clearly. Consider doing mock interviews with a friend or mentor where you explain contractual principles. This will help you convey your ideas confidently during the actual interview.
✨Stay Updated on Market Trends
Research current trends in the insurance market and be ready to discuss how they might impact contract development. Showing that you’re proactive about monitoring market developments will highlight your commitment to continuous learning and your ability to provide expert guidance on contractual matters.
