PartnerRe Ltd.

Contract Wording Specialist

PartnerRe Ltd.$80K — $120K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in insurance or reinsurance contract drafting, underwriting, legal, or claims.
  • JD, Bachelor's, Paralegal Degree, or ARe preferred.
  • Expertise in Microsoft Word, Excel, and SharePoint.
  • Strong analytical and communication skills.
  • High attention to detail and error identification capabilities.
  • Strategic thinker with problem-solving skills.
  • Adaptable to proprietary systems and applications.

Responsibilities

  • Analyze contracts and endorsements for deviations from underwriting guidelines.
  • Evaluate clauses relevant to P&C business and recommend solutions.
  • Prepare contracts, endorsements, NDAs, and policy forms.
  • Collaborate with teams to refine and interpret policy language.
  • Stay updated on industry trends and regulatory changes affecting contracts.
  • Organize and maintain contract resources, including templates.

Benefits

  • Supportive work environment for professional growth.
  • Opportunities to shape your own career.
  • Access to a global network of experts and resources.
  • Collaborative culture with an emphasis on integrity and respect.
  • Commitment to diversity and inclusion in the workplace.
Full Job Description
Job Summary:

The Contract Wording Specialist will analyze a wide range of U.S. and International reinsurance agreements and ancillary documents and provide Underwriters with actionable advice regarding wording adequacy and alignment with the Company's underwriting guidelines and best practices. This role will report to the Global Head of Contracts.

About the role:

  • Work with Contract Wording team, Underwriters, Claims personnel, and Legal colleagues to resolve contract issues, refine wordings and establish best practices.
  • Analyze contracts and endorsements for suitability and check for deviations from company underwriting guidelines and agreed-upon terms.
  • Stay current on insurance and reinsurance industry trends and regulatory changes impacting reinsurance coverage and wording issues.
  • Evaluate clauses and craft solutions to address underwriting concerns.
  • Prepare reinsurance contracts, endorsements, NDAs and other agreements based on corporate standards.
  • Develop contract wording templates.
  • Organize and update contractual resources and reference materials.


Qualifications:

Technical Skills:
  • Expertise with relevant software, including CoPilot, Word, Excel, and SharePoint.
  • Excellent analytical and communication skills.
  • High attention to detail and ability to spot errors and inconsistencies.


Behavioral Competencies:
  • Excellent written communication skills, including demonstrated competence in technical reading, writing and communicating in English.
  • Strategic and analytical thinker, including basic math proficiency and proven problem solving.
  • Adaptable to proprietary systems/applications as demonstrated by previous experience.
  • Demonstrated collaborative and learning mindset


Work Experience:
  • 3 or more years of experience in reinsurance contract drafting, underwriting, legal, or claims.


Education:
  • A JD, Bachelor's Degree, Paralegal Degree or ARe preferred.


Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

Thank you,

PartnerRe Hiring Team

About PartnerRe Ltd.

PartnerRe Ltd. is a leading global reinsurer that was founded in 1993. The company provides multi-line reinsurance to insurance companies on a worldwide basis. PartnerRe Ltd. operates through three segments: Property and Casualty, Specialty, and Life and Health. The company is headquartered in Hamilton, Bermuda.
Learn more about PartnerRe Ltd.
Size
1,000 employees
Industry
Net Income
$1 million
Founded
1993
5 Year Trend
-2%
Revenue
$5 billion
NASDAQ

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