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Willis Towers Watson

Reinsurance Wordings Specialist

Summary of Role

Our practice Willis Reinsurance Broking (Willis Re) in London or Ipswich is looking for you as a Reinsurance Wordings Specialist: the ideal candidate will have gained experience in the insurance or reinsurance industry, whether at an insurer, reinsurer, or broker.

 

The Role

  • Develop and produce bespoke treaty reinsurance contracts and endorsements covering a range of classes, mainly Property and Casualty business, but also including other lines of business, such as Life
  • Ensuring all contracts comply with the Contract Certainty Code of Practice and adhere, as far as possible, with the London Market Reform guidelines
  • Providing technical analysis of reinsurance contracts. Suggesting improvements, coverage enhancements and compliance with internal procedures and external regulatory requirements
  • Resolution of contract-related queries from Clients, Underwriters and internal stakeholders.
  • Keeping up to date with the latest market developments and clauses and ensuring latest guidance is communicated to all relevant parties
  • Inform and educate others in contract construction and analysis, where necessary
  • Support and drive process improvement and innovation

The Requirements

  • Relevant industry experience drafting, negotiating and/or reviewing reinsurance contracts
  • In-depth knowledge of reinsurance contract construction, mechanics and clause language
  • Advanced MS Word skills
  • Strong attention to detail
  • Strong communication skills. Ability to discuss and explain contractual language to various audiences including broking teams and

 

Equal opportunity employer 

Apply Now

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