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Reinsurance Contracts Specialist

About 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, 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 our Stamford, CT office.

Job Description:

Primary Responsibilities:

The Reinsurance 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). The Reinsurance Contracts Specialist analyzes the contract provisions and suggests alternative wording where needed. Additionally, the Reinsurance Contracts Specialist drafts reinsurance contracts based on corporate standard wordings or client contracts/clauses.

The Reinsurance Contracts Specialist provides guidance for Underwriters, Marketers and others involved in contract wording discussions. The Reinsurance Contracts Specialist is viewed as a mentor on contract wording issues throughout the Gen Re organization.

Additional Responsibilities:

  • 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 Reinsurance Contracts Specialists, Policy Wording Analysts, Underwriters, and Claims and Legal colleagues to improve wordings.
  • Continually develop specialized knowledge of reinsurance contract structures or features to address business needs.
  • Set challenging goals and work to meet them.
  • Effectively manage time and meet deadlines.

Experience/Qualifications:

  • College degree required. CPCU designation preferred.
  • Sustained track record in a Reinsurance Contracts Specialist or similar position. Underwriters/Claims Professionals with at least five years of coverage and reinsurance experience may also be considered.
  • Extensive knowledge of reinsurance and primary insurance standards, practices and principles.
  • Strong knowledge of specific contract features and lines of business.
  • 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 Technology skills, including Outlook, Word, Adobe and Excel.

Contact:

Linda Dalesio, Human Resources
ldalesio@genre.com

Our Address:

120 Long Ridge Road
Stamford, CT 06902 (US)

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