Contracts Specialist

We are looking for a Contract Specialist to join our Life & Health Contracts team, supporting the US, Canada, and English Caribbean markets. In this role, you will draft and structure reinsurance contracts, ensuring terms are clear, accurate, and aligned with market practice. This is an individual contributor role reporting to the L&H Contracts Team Lead – US/Canada/English Caribbean.

About the Team

The L&H Contracts function drafts, reviews, and advises on traditional reinsurance agreements between Swiss Re and its clients. In close partnership with client managers, underwriting, pricing, claims, legal, and operations, the Contracts team:

Structures and documents agreements aligned with underwriting intent
Advises on wording implications and commercial risk trade-offs
Supports disciplined portfolio management through contract analysis

Contracts plays a critical role in safeguarding Swiss Re’s risk position while enabling sustainable long-term performance.

About the Role

Draft and review reinsurance contracts

Draft and review Life & Health traditional reinsurance contracts and addenda
Own end-to-end drafting for assigned deals, with a high degree of independence
Translate technical and commercial inputs into clear and enforceable contractual language
Ensure contracts reflect deal structure, underwriting intent, and agreed commercial terms
Deliver high-quality contracts within expected timelines

Manage contract quality and risk

Identify and assess commercial, operational, and contractual risks
Apply internal guidelines to determine appropriate positions and approvals
Maintain consistency and deviation discipline across contracts
Identify and address emerging issues and problematic clauses
Contribute to the development and refinement of standard wordings

Partner with stakeholders and clients

Partner with Client Managers and cross-functional stakeholders to clarify deal requirements and resolve ambiguities
Act as a trusted advisor on contract wording and risk trade-offs
Provide clear analysis and recommended positions to support decision-making
Participate in contract discussions with clients, including negotiation of wording where appropriate
Engage Legal on non-standard, jurisdiction-specific, or dispute-related matters

About You

Proven ability to independently draft and review complex reinsurance contracts
Experience in Life & Health reinsurance or broader insurance markets
Strong understanding of reinsurance structures and underwriting concepts
Sound commercial judgment and risk assessment capability
Confidence engaging directly with business stakeholders and clients
Comfortable using technology, workflow tools, and GenAI

Ideal Candidate Background

Reinsurer or insurer with exposure to Life & Health treaty documentation
In-house legal or contracting roles within insurance or financial services
Law firm or advisory roles involving re/insurance or complex financial contracts
Proficiency in French is an advantage, but not required

Why this role

Strong ownership: Operate with autonomy within clear frameworks and decision boundaries
Direct deal exposure: Engage with underwriting, pricing, and client teams on live transactions
High-impact role: Influence how reinsurance deals are executed across key markets
Industry-leading tools: Work in a tech-enabled environment with advanced workflow tools and GenAI embedded into daily work
Deep market expertise: Develop expertise in complex reinsurance structures within a leading global reinsurer

The base salary hiring range for this exisitng position is CAD $92,000-138,000 . The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

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. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

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.

Keywords:
Reference Code: 137812

Job Segment: HR, Purchasing, Underwriter, Claims, Human Resources, Insurance, Finance

Apply now »