Job Details

Reinsurance Contracts Drafter

Company name

Aon PLC.

Organization Type

In-House

Job Type

Legal Staff

Years of Experience

Min 1 yrs required

Location

Bloomington, MN

Date Last Verified

May 16,2018

Posted on

May 15,2018
Practice Area
Contract Law >> Contract Law
Insurance Defense >> Insurance Defense
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Reinsurance Contracts Drafter The candidate will be responsible for preparing, reviewing and finalizing formal documentation memorializing terms and conditions applicable to treaty reinsurance arrangements. Will be challenged to learn and remain well informed of industry terms and jargon, as well as trends and regulations to remain competitive. Draft reinsurance contracts, attending documentation, and related correspondence. Assist brokers, clients, and markets in addressing issues related to contract wording. Draft, revise and endorse London Slips and submit for review and approval. Draft and update Reinsurance Intermediary Agreements (Broker Authorization Contracts). Review expiring wording and new contract documents for completeness, accuracy, and consistency. Participate in marketing presentations to prospective and existing clients. Coordinate with broker colleagues to review reinsurance terms. Contribute to maintenance of library of clauses.Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts. Ensure that general processing and quality of assigned accounts complies with team guidelines . Corporate/business/ legal/paralegal experience in contracts is preferred. Knowledge from insurance/reinsurance industry is a definite plus. Bachelors’ degree is required. Advanced degree or industry-related professional designation is a plus. Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing, communicating in English is essential. Strategic and analytical thinker, including basic math aptitude and proven problem solving. Proficient with MS Office is essential.

Additional info

Job number: 2444269

Company info

Hiring Coordinator
Aon PLC.
311 S Wacker Drive
Suite 2100
Chicago, IL 60606-6675

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