Description:
About You:You are an insurance professional with experience drafting, reviewing, and negotiating program agreements and reinsurance agreements. You understand the impact of market conditions on insurance activities, procedures and wordings. You are able to clearly and succinctly articulate issues to the various departments, evaluate the risks associated with the (re)insurance activities and to develop commercial risk mitigation options, while ensuring all operations are compliant with applicable regulatory requirements.
What You'll Do:
- Strategically, efficiently, and timely draft, review, and negotiate reinsurance and program administration agreements considering risk mitigation wording and trends in contract interpretation
- Create and implement processes to capture and respond to wording issues, including an escalation process
- Promptly make decisions and/or roll out decisions, after any required approvals, reflecting all available information and appropriate risk assessments
- Understand relevant business drivers, have the ability to identify and raise critical issues/points when needed, and take ownership of your actions and responses
- Work autonomously, while considering feedback from underwriting peers, reinsurers, and management
- Exemplify collegiality, efficiency, proactivity and curiosity
- Have strong written and oral communication skills and an ability to work in a fast-paced environment
Must Haves:
- J.D. from an accredited law school or international equivalent
- Licensed to practice and a member in good standing/the ability to immediately reactivate membership in at least one US state
- At least 4+ years in drafting reinsurance agreements, program administration agreements, and/or related agreements
