- Posted 18 October 2024
- Salary £50000 - £85000 per annum
- LocationLondon
- Job type Permanent
- DisciplineGeneral Insurance
- Expiry 26 January 2025
- Reference42687_1729242567
Consultant
Reinsurance Contract Specialist
Job description
An outstanding opportunity to join a leading global reinsurance business. You will be responsible for the management of reinsurance contracts and wordings across a global portfolio of reinsurance clients. Your day to day duties will include:
- Draft and review reinsurance contracts, attending documentation and related correspondence
- Assist brokers, clients, and markets in resolving issues related to contract wording
- Draft, review and endorse documentation for the London Market (London Slips)
- Review contract documents for completeness, accuracy and consistency
- Coordinate with broker colleagues to review reinsurance contract terms
- Contribute to maintenance of library of clauses
- Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
- Ensure that general processing and quality of assigned accounts complies with team guidelines
- Participate in marketing presentations to prospective and existing clients
- Gain industry knowledge by participating in industry training and mentoring programs
- Perform other related duties as assigned
Skills and experience required
- Law graduate or experience in the industry, with proven knowledge of (re)insurance practices
- Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing and communicating in English
- Strategic and analytical thinker, including basic math proficiency and problem solving
- Detail oriented
- Adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms
- Nominal travel may be required
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Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.