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Beijing, 11, CN

Senior Reinsurance Contracts Expert


About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role


We are seeking a regional Senior Reinsurance Contracts counsel / specialist to join our team supporting Swiss Re's property and casualty reinsurance business in the Asia Pacific region.  Primary responsibilities include drafting and review of (re)insurance contract wordings, advising on contract related matters, and engaging with internal and, at times, external clients to negotiate and finalize the terms of reinsurance contracts, as well as supporting the Head of P&C Reinsurance Contracts to manage contract risks in reinsurance portfolio.  This position will be based either in Hong Kong, Singapore, or Beijing.


Core responsibilities of the Senior Reinsurance Contracts Expert are:

  • Independently draft and critique reinsurance contracts, binders, slips, endorsements and related documents to align written agreements with business intent and corporate requirements
  • Perform portfolio analysis and provide insights on trends related to contract risks
  • Align reinsurance contracts with applicable law, regulations and internal requirements
  • Coordinate, communicate and participate in development of corporate policies on contract related matters
  • Support functional development of contract management and analytical systems
  • Collaborate with Client Managers and Underwriters in contract negotiations, including discussions with external clients and brokers
  • Act as expert technical advisor, providing guidance to various corporate functions regarding contract formation / interpretation, implications of particular contract language and best practices.
  • Develop training materials and deliver internal, external or public training on contract related matters; drive thought leadership on contract certainty
  • Maintain strong governance risk and control standards with respect to contract wordings and processes.


About the team


In P&C Contracts, you will join a highly engaged global team of approximately 40 lawyers and specialists. Primary responsibilities of our Contracts Function include drafting and review of (re)insurance wordings, advising on contract related matters and engaging with internal and external clients to negotiate and finalize the terms of reinsurance contracts as well as the further development of our tool landscape and wording analytics.


About You


The successful candidate will be expected to develop a thorough understanding of relevant law, regulations and market practices in the Asia Pacific region and apply these to (re)insurance agreements.  They will also require strong analytical abilities, experience in business negotiations, and excellent written and verbal communication skills, including the ability to engage confidently and in an impactful manner with internal stakeholders and clients.  We are seeking a candidate with an innovative, pragmatic and results-oriented mindset, who possesses the ability to work independently with a sense of personal responsibility and accountability, while also building cooperative relationships with internal and external partners, to enable cross-functional team decision making in alignment with Swiss Re business strategy.  The Senior Contracts Expert should be available for business travel roughly two weeks each year.


Requirements for the Senior Reinsurance Contracts Expert position include:

  • LLB or Law degree preferably in common law;
  • Ten or more years of (re)insurance industry experience as an attorney or related reinsurance experience such as contract/policy specialist, underwriting, or claims handling role;
  • Strong foundation in (re)insurance law, risks, and practice; knowledge in both reinsurance and direct insurance is an advantage
  • Solid understanding of P&C products, business processes, and the Asia Pacific (re)insurance market(s);
  • External customer servicing, management, or advising experience;
  • Exposure to a multi-cultural work and / or client servicing environment; and
  • High level fluency in Chinese and English, including business terminology.  Additional fluency in Mandarin is a plus. 

Reference Code: 99164 


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