Senior Contracts Specialist

About The Team:

We are a multi-national team of eighteen (re)insurance contract wording specialists located across the world, comprising the global Contracts & Wording function (C&W) which is embedded in the Underwriting division. Our daily work consists of drafting our own insurance contract documentation for domestic and international insurance, as well as reviewing externally drafted wordings and clauses. We support property, casualty, and special lines such as professional indemnity, director's and officer's liability, marine, energy, engineering, construction and aviation insurance. We work closely with our underwriters and occasionally with external clients.

Our mission is to provide legally sound yet pragmatic advice that enables high quality solutions for our clients. For that purpose, we openly share knowledge and collaborate closely within our team as well as with other corporate functions, such as Legal, Compliance and Claims. In addition, we also contribute to digital projects.

About The Role:

This position offers a unique opportunity in insurance, combining legal skills with business insight in an international environment while representing Corporate Solutions, the commercial insurance division of Swiss Re.

As a Senior Contracts Specialist, you will:

• Apply your legal skills and senior level insurance experience to develop and improve insurance product offerings.
• Support large and complex transactions with legal and business advice on wordings.
• Work with the full range of commercial insurance lines of business.
• Collaborate closely with internal clients and colleagues in Underwriting, Operations, Legal and Claims functions primarily in North America.
• Review and draft insurance contract wordings and related documents for both wholesale and retail markets in the US and Canadian jurisdictions, and have opportunities to engage with Contracts Specialists and Underwriters in different national and global regions.
• Research insurance contract law questions as well as relevant local regulation, developing and communicating company positions on contract wording issues and training internal clients.
• Participate in risk reviews of business segments to strengthen Contracts intelligence and governance, and to ensure compliance with internal Contracts processes and rules as well as with applicable law.
• Be involved in special projects of strategic importance to Corporate Solutions with high internal visibility.

About You:

• You have a law degree or equivalent, and you like researching and applying new laws and regulations.
• You are fluent in both written and spoken English, specifically legal and business terminology.
• You have seven or more years' experience in insurance, in a senior level Underwriting, Broking, Claims, Compliance or Legal/Contracts role and a sound knowledge of insurance products. Familiarity with governance, controllership and/or risk management tasks is a plus.
• You are a self-starter who can work autonomously in a virtual team but who is happy to coordinate with team colleagues.
• You can efficiently handle many tasks at once and prioritize the vital ones to ensure that due dates are met.
• You possess strong writing and analytical problem-solving skills, along with the ability to communicate effectively with internal clients who are not familiar with legal matters.
• Your passion is to apply your legal and contractual knowhow to practical day-to-day business situations!
• You can digest large amounts of information quickly and filter out relevant details.
• You feel comfortable working in a diverse and multi-cultural corporate environment.
• You have an innovative demeanor and are curious to help develop the role of the contracts lawyer in the digital era.