Reinsurance Contracts Specialist

Shape Your Future with Us

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations,with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.

 Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

Gen Re currently offers an excellent opportunity for a Reinsurance Contracts Specialist in Contracts unit our Stamford, CT office under a hybrid in-office/work from home schedule or performed remotely with periodic trips to the Stamford office for an appropriately qualified individual. 

Role Description

Primary Responsibilities

The Reinsurance Contracts Specialist contributes to the Contracts team by performing one or more of the following functions:

• Review market-produced reinsurance contracts against corporate standards and agreed-upon terms.The Reinsurance Contracts Specialist may focus on certain lines (property, casualty, specialty) or structures (excess of loss, quota share, per risk, per occurrence, per policy).The Reinsurance Contracts Specialist analyzes both general clauses and business-specific contract provisions, identifies wording that is contrary to standards or terms, and suggests alternative wording as appropriate.
  
  
• Draft reinsurance contracts and endorsements based on corporate standard wordings, client clauses, and agreed terms.
  
  
• Update standard contract templates.
  
  
• Review client policy forms and endorsements against standard bureau forms and common industry wordings.

Additional Responsibilities

• Keep current on reinsurance contract/policy wording.
  
• Develop specialized knowledge of particular lines of business .
  
• Collaborate with other Contracts Specialists, Underwriters, and Claims and Legal colleagues to improve wordings.
  
• Develop specialized knowledge of reinsurance contract structures or features.
  
• Set challenging goals and work to meet them.
  
• Effectively manage time and meet deadlines.

Role Qualifications and Experience

• College degree required.  CPCU designation, ARe designation, JD degree a plus.
• At least three years of experience in a Contracts Specialist, Underwriting, Claims or similar position.
  
• Knowledge of reinsurance and/or primary insurance standards, practices and principles.
  
• Knowledge of contract clauses and/or primary policy forms.
  
• Excellent analytical and communication skills.
  
• Very high attention to detail and accuracy.
  
• Ability to work independently and collaborate with colleagues within and across departments.
  
• Excellent Word skills; proficient in technology.
  
• Strong time management skills.

Salary Range

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Address

General Reinsurance Corporation
120 Long Ridge Road
Stamford, CT 06902 (US)

 At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans’ status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

Salary : $105,000 - $175,000