What are the responsibilities and job description for the Policy Wording and Reinsurance Contract Drafter position at Gen Re Corporation?
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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. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts 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 38 offices, we have earned superior financial strength ratings from each of the major rating agencies.
Gen Re currently offers an excellent opportunity for a Policy Wording and Reinsurance Contract Drafter in our Stamford, CT office. This a hybrid role with two days a week in the office. This is a hybrid role with two days a week in the office.
Role Description
Primary Responsibilities
The Policy
Wording and Reinsurance Contract Drafter performs the following functions:
- Review and draft proprietary and industry policy forms and endorsements.
- Draft reinsurance contracts and endorsements using corporate standard wordings, client clauses, and agreed terms.
- Provide and draft policy form/endorsement wording to address specific client needs.
- Support the underwriting team to interpret policy coverage.
- Work with the Contract team to organize Contract resources.
- Participate in Contract departmental projects.
Additional Responsibilities
- Keep current on reinsurance and insurance industry issues and contract/policy wording.
- Develop specialized knowledge of particular lines of business.
- Collaborate with other members of the Contracts Team, Underwriters, Claims and Legal colleagues to improve wordings.
- Set challenging goals and work to meet them.
- Effectively manage time and meet deadlines.
Role Qualifications and Experience
- Minimum of three years of experience in insurance or reinsurance drafting, underwriting, product development, legal, claims or similar position.
- Excellent analytical and communication skills.
- High attention to detail and ability to spot errors and inconsistencies.
- Strong ability to multitask and perform in a fast-paced environment with a positive approach.
- Ability to work independently and collaborate with colleagues within and across departments.
- Excellent Word skills; proficient in Excel, SharePoint, Outlook
- College degree required.
- CPCU designation or ARe designation a plus.
Salary Range
78,000.00 - 130,000.00 USDThe annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Corporate Headquarters Address
General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (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's 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.
