Job Details

Contracts Specialist

Company name

General Re Corporation

Organization Type

In-House

Job Type

Attorney

Date Last Verified

May 13,2019

Valid Through

Aug 26,2019

Posted on

Mar 30,2019

Years of Experience

Min 1 yrs required

Location

Stamford, CT, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Contract Law >> Contract Law
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Profile

Contracts Specialist
The candidate must have Reinsurance Contracts – In this capacity, the Contracts Specialist reviews a wide array of market-produced reinsurance contracts against corporate standards and agreed-upon terms. Contracts span various lines (property, casualty, specialty) and structures (excess of loss, quota share, aggregate, per risk, per occurrence, per policy). Analyzes the contract provisions and suggests alternative wording where needed. Additionally, the Contracts Specialist drafts reinsurance contracts based on corporate standard wordings or client contracts/clauses. Policy Wording – In this capacity, the Contracts Specialist reviews a broad spectrum of policy forms, including bureau, company specific and manuscript wordings. Most often, this involves primary casualty, umbrella, or specialty policies and endorsements but occasionally property forms as well. The Contracts Specialist identifies language that deviates from current standard forms or common industry practices, or that does not reflect the underwriting intent. The Contracts Specialist provides constructive wording alternatives for company use. Keep current on reinsurance contract/policy wording developments and communicate importance and impact of wording changes to Underwriters and Marketers. Continually develop specialized knowledge of particular lines of business in order to identify wording solutions that pertain to that business segment. Collaborate with other Contracts Specialists, Underwriters, and Claims and Legal colleagues to improve wordings. Continually develop specialized knowledge of contract/policy structures or features to address business needs. Set challenging goals and work to meet them. Effectively manage time and meet deadlines.

Qualification and Experience

The candidate must have College degree. CPCU designation/law degree desirable. Should have sustained track record in a Contracts Specialist or similar position. Must have experienced Underwriters/Claims Professionals with coverage and reinsurance expertise may also be considered. Should have extensive knowledge of reinsurance/primary insurance standards, practices and principles. Must have strong knowledge of specific contract/policy features and lines of business. Should have excellent Technology skills, including Outlook, Word, Adobe and Excel.

Company info

Linda Dalesio
General Re Corporation
695 East Main Street
Stamford, CT 06904
Phone: 203-328-5000
Fax: 203-328-6423

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