Job Details

Reinsurance Contract Management Specialist

Company name

Great American Insurance Company

Organization Type

In-House

Job Type

Legal Staff

Date Last Verified

Jun 14,2018

Posted on

Jun 13,2018

Years of Experience

3-5 yrs required

Location

Cincinnati, OH
Practice Area
Contract Law >> Contract Law
Insurance Coverage >> Insurance Coverage
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Reinsurance Contract Management Specialist The candidate will provide ongoing support Reinsurance division and P&C Group Executive team regarding reinsurance contracts. Review contract wording for all renewal reinsurance programs to ensure compliance with Great American’s Reinsurance Treaty Clause Manual. Draft and/or review contract wording for all new reinsurance programs. Draft and/or review wording for all reinsurance contract amendments. Prepare final contracts for signature by reviewing any changes made since the last draft reviewed. Review and approve any nonconcurrent contract wording appearing in individual reinsurer participation pages. Maintain Great American’s Reinsurance Treaty Clause Manual; update as needed to keep current with market-accepted wording. In instances where Great American has negotiated alternative contract wording with certain reinsurers (Global Trade Agreements), maintain a record of the accepted alternative wording and ensure that it is used consistently across all contracts with that reinsurer. Maintain a log of all reinsurance contracts and collaborate with intermediaries and reinsurers to ensure final contract documentation is executed with 2-3 months of the contract effective date. Scan and file all final reinsurance contract documentation into myFile. Collaborate with GAIC P&C Legal as needed.

Qualification and Experience

A Paralegal Certificate, Bachelor’s Degree, and/or Post-Bachelor’s certificate preferred. Juris Doctorate (JD) from an accredited law school or equivalent a plus. 3-5 years of experience working in the insurance / reinsurance business. Including familiarity in contract review and drafting. Must have excellent written, verbal, and interpersonal skills.

Company info

Hiring Coordinator
Great American Insurance Company
580 Walnut Street
Cincinnati, OH 45202

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