Senior Insurance Contracts Specialist (Hybrid - 80-100%)
Senior Insurance Contracts Specialist (Hybrid - 80-100%)

Senior Insurance Contracts Specialist (Hybrid - 80-100%)

Full-Time 100000 - 150000 £ / year (est.) Home office (partial)
Swiss Re

At a Glance

  • Tasks: Craft precise insurance contracts and provide expert guidance to enhance business success.
  • Company: Join Swiss Re, a leading provider of innovative insurance solutions.
  • Benefits: Competitive salary, performance-based bonuses, and global benefits.
  • Other info: Hybrid work model with opportunities for continuous learning and career growth.
  • Why this job: Make a real impact in the dynamic world of insurance contracts.
  • Qualifications: Experience in underwriting or claims with strong analytical skills.

The predicted salary is between 100000 - 150000 £ per year.

Are you passionate about the intricate world of insurance contracts and have a keen eye for detail? Join our dynamic EMEA Contracts & Wording team where your expertise will directly impact our business success through crafting precise insurance wordings and providing critical contract guidance across our organization.

About the Role

As an Insurance Contracts Specialist, you'll 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'll 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 breach 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.
  • Analyse competitors' wordings to gain insights into prevailing market standards and enhance understanding of the operational practices within the UK market.
  • Deliver training and awareness sessions to enhance stakeholder knowledge of policy wordings and contracts 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-risks 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're 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're committed to continuous learning in an evolving insurance landscape. We are looking for candidates who meet these 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.

These are additional 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.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

For London the annual base salary range for this position is between GBP 100,000 and GBP 150,000 (for a full-time role). The specific salary offered considers: the requirements, scope, complexity and responsibilities of the role, the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience. In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

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. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst 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 has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Senior Insurance Contracts Specialist (Hybrid - 80-100%) employer: Swiss Re

Swiss Re Corporate Solutions is an exceptional employer that fosters a collaborative and inclusive work culture, where your expertise as a Senior Insurance Contracts Specialist will be valued and impactful. With a hybrid work model and a competitive salary range, employees benefit from performance-based compensation, global opportunities, and a commitment to professional growth. Join us in London, where you can thrive in a dynamic environment that encourages innovative thinking and supports your career development.
Swiss Re

Contact Detail:

Swiss Re Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Insurance Contracts Specialist (Hybrid - 80-100%)

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of insurance contracts and market trends. Be ready to discuss how your experience aligns with the role, especially around drafting and reviewing wordings. Confidence is key!

✨Tip Number 3

Showcase your expertise! Bring examples of your previous work or case studies to interviews. This not only demonstrates your skills but also gives you a chance to discuss your thought process and problem-solving abilities.

✨Tip Number 4

Don't forget to 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%)

Contract Drafting
Attention to Detail
Analytical Skills
Insurance Principles
Legal Aptitude
Stakeholder Management
Negotiation Skills
Communication Skills
Training and Development
Risk Analysis
Market Analysis
Collaboration
Problem-Solving Skills
Knowledge of Casualty and FinPro Wordings

Some tips for your application 🫡

Show Your Passion: When writing your application, let your enthusiasm for insurance contracts shine through! We want to see how your passion aligns with our team's goals and the role's responsibilities.

Be Precise and Detailed: Just like in the world of insurance contracts, clarity is key. Make sure your application is well-structured and free from errors. Highlight your attention to detail, as it’s a crucial part of this role!

Tailor Your Experience: Don’t just list your past jobs; connect your experience to the specific requirements of the role. We’re looking for candidates who can demonstrate their understanding of Casualty and FinPro wordings, so make that clear!

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 this exciting opportunity in our EMEA Contracts & Wording team!

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 your expertise.

✨Showcase Your Analytical Skills

Prepare to demonstrate your analytical mindset by discussing how you've identified risks in previous contracts. Think of a few scenarios where your attention to detail made a significant impact. This will highlight your ability to navigate complex contractual language effectively.

✨Build Rapport with Stakeholders

Since collaboration is key in this role, be ready to share examples of how you've successfully built relationships with underwriters and other stakeholders. Discuss your approach to influencing contract changes and how you’ve navigated negotiations in the past.

✨Stay Updated on Market Trends

Research current trends in the insurance market, especially those relevant to the role. Be prepared to discuss how these trends could impact contract development and risk management. Showing that you're proactive about staying informed will impress your interviewers.

Senior Insurance Contracts Specialist (Hybrid - 80-100%)
Swiss Re

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