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Senior Contract Associate, Broking Support Services

In United States

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Senior Contract Associate, Broking Support Services   

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JOB TITLE:

Senior Contract Associate, Broking Support Services

JOB TYPE:

JOB SKILLS:

JOB LOCATION:

Tampa Edina Philadelphia, PA United States

JOB DESCRIPTION:

JOB DESCRIPTION AND RESPONSIBILITIES: You will be the primary collaborator with Broking on construction and delivery of contractual documentation for client accounts assigned, expected to possess, and apply high level of advanced reinsurance knowledge, basic primary insurance concepts and excellent writing skills, independently, to each program. You will regularly make informed, thoughtful, and relevant recommendations to the contractual product beyond the broker instructions given and/or raise potential issues with requested language/approach as applicable and as each unique program warrants. Be responsible for delivering consistently accurate and timely contract documentation to internal and external parties. Have direct responsibility for managing your own workload and deadlines with Brokers and others to ensure expectations are met on assigned accounts. Perform all contract drafting and document management responsibilities for assigned accounts, all within published guidelines. You will be viewed as a partner to the placement process and expected to be available to support those activities when needed, as reasonable. We will count on you in the following areas: Contract Support: Management of assigned client base for all aspects of reinsurance contracts. Interpret and assess contracts and perform quality assurance review to ensure contract wording reflects intent of reinsurance negotiations. Proactively recommend coverage and wording enhancements and raise potential coverage issues, as appropriate. Support Brokers by providing effective responses to all contract-related inquiries with Client and/or Markets. Research and respond to inquiries from Brokers, Clients, and Markets. Input contract status data on the electronic document tracking system. Utilize CSS Dashboard and/other legacy tracking tools to manage contract performance. Promote, build, and maintain relationships with Brokers, Clients, and Markets. Continuous Learning: Participate in team meetings and activities to share opinions, ideas, knowledge, and solutions; maintain strong working relationships and participate in initiatives and/or contribute where required to deliver outcomes. Seek opportunities to increase own understanding and improve the services provided. Maintain broad understanding of the environment in which the client operates and the marketplace in which the transactions that Guy Carpenter handles take place. Compliance and Regulatory Review: Understand all published procedures and compliance policies. When new procedures are provided, understand, and adopt new procedures as rolled out, take required training and speak up with any question or concerns uncovered in your role at Guy Carpenter. Demonstrate understanding of and appreciation for the way in which own actions/inactions protect or subject GC to potential errors & omissions. Other: Support team by maintaining Colleagues' workloads in their absence. Attend Client meetings as requested. QUALIFICATIONS: Bachelor's Degree and applicable experience preferred. Minimum of 7 years of directly related experience in insurance/reinsurance industry. Associate in Reinsurance (ARe) required Chartered Property Casualty Underwriter (CPCU) a plus Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends. Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint) required. Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets, and GC colleagues at all levels. Demonstrated ability to work as part of a high-performance team. Attention to detail in completing assigned tasks. Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment. Successful management of workload; able to manage expectations of all Clients and Stakeholders. Able to challenge appropriately, supporting business cases with facts and information. Understanding of project management methodology, stakeholder management, and risk mitigation. Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. Consistently provide guidance by mentoring and/or training colleagues. Consistently deliver superior Client service.  

Position Details

POSTED:

Nov 29, 2022

EMPLOYMENT:

INDUSTRY:

SNAPRECRUIT ID:

S16591392587224629

LOCATION:

United States

CITY:

Tampa Edina Philadelphia, PA

Job Origin:

OORWIN_ORGANIC_FEED

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Aug 19, 2017 9am-6pm
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JOB DESCRIPTION AND RESPONSIBILITIES: You will be the primary collaborator with Broking on construction and delivery of contractual documentation for client accounts assigned, expected to possess, and apply high level of advanced reinsurance knowledge, basic primary insurance concepts and excellent writing skills, independently, to each program. You will regularly make informed, thoughtful, and relevant recommendations to the contractual product beyond the broker instructions given and/or raise potential issues with requested language/approach as applicable and as each unique program warrants. Be responsible for delivering consistently accurate and timely contract documentation to internal and external parties. Have direct responsibility for managing your own workload and deadlines with Brokers and others to ensure expectations are met on assigned accounts. Perform all contract drafting and document management responsibilities for assigned accounts, all within published guidelines. You will be viewed as a partner to the placement process and expected to be available to support those activities when needed, as reasonable. We will count on you in the following areas: Contract Support: Management of assigned client base for all aspects of reinsurance contracts. Interpret and assess contracts and perform quality assurance review to ensure contract wording reflects intent of reinsurance negotiations. Proactively recommend coverage and wording enhancements and raise potential coverage issues, as appropriate. Support Brokers by providing effective responses to all contract-related inquiries with Client and/or Markets. Research and respond to inquiries from Brokers, Clients, and Markets. Input contract status data on the electronic document tracking system. Utilize CSS Dashboard and/other legacy tracking tools to manage contract performance. Promote, build, and maintain relationships with Brokers, Clients, and Markets. Continuous Learning: Participate in team meetings and activities to share opinions, ideas, knowledge, and solutions; maintain strong working relationships and participate in initiatives and/or contribute where required to deliver outcomes. Seek opportunities to increase own understanding and improve the services provided. Maintain broad understanding of the environment in which the client operates and the marketplace in which the transactions that Guy Carpenter handles take place. Compliance and Regulatory Review: Understand all published procedures and compliance policies. When new procedures are provided, understand, and adopt new procedures as rolled out, take required training and speak up with any question or concerns uncovered in your role at Guy Carpenter. Demonstrate understanding of and appreciation for the way in which own actions/inactions protect or subject GC to potential errors & omissions. Other: Support team by maintaining Colleagues' workloads in their absence. Attend Client meetings as requested. QUALIFICATIONS: Bachelor's Degree and applicable experience preferred. Minimum of 7 years of directly related experience in insurance/reinsurance industry. Associate in Reinsurance (ARe) required Chartered Property Casualty Underwriter (CPCU) a plus Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends. Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint) required. Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets, and GC colleagues at all levels. Demonstrated ability to work as part of a high-performance team. Attention to detail in completing assigned tasks. Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment. Successful management of workload; able to manage expectations of all Clients and Stakeholders. Able to challenge appropriately, supporting business cases with facts and information. Understanding of project management methodology, stakeholder management, and risk mitigation. Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. Consistently provide guidance by mentoring and/or training colleagues. Consistently deliver superior Client service.  


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