Senior Reinsurance Contracts Counsel
MS Amlin Reinsurance Managers See More Job Openings by This Employer
Job Description
About MS Reinsurance MS Reinsurance is a global reinsurer domiciled in Switzerland. With underwriting offices in Zurich, Bermuda, Miami and New York, MS Reinsurance provides best-in-class reinsurance products and services to clients around the world. As part of the world-leading insurance group MS&AD, MS Reinsurance is a trusted, long-term partner, helping clients turn risks into opportunities through deep technical expertise and bespoke reinsurance solutions.About the roleWe are seeking a Contracts & Wordings Counsel to support multiline reinsurance business for the Americas, with focus on casualty reinsurance underwritten by our US and Bermuda offices. You will engage with underwriters to draft and review reinsurance contract wordings and advise on related matters.In this role you will require strong analytical abilities and excellent written and verbal communication skills. We are seeking a candidate with a pragmatic and results-oriented attitude, who possesses the ability to work independently with a sense of personal responsibility and accountability, while also building cooperative relationships with our underwriting community.Your responsibilities
Salary
- Support the business by reviewing and drafting contracts to ensure terms align with underwriting intent. Promote clarity and precision in contract structure and language, balancing commercial considerations with opportunities for continuous improvement.
- Raise awareness of (re)insurance issues that may impact wordings and ensure documentation complies with relevant laws and regulations while reflecting the company's commercial appetite, underwriting, and claims philosophies.
- At request of underwriter, liaise with brokers, reinsurers, MGAs, and other external parties to achieve optimal outcomes for the company from initial discussions through the agreement lifecycle.
- Build and maintain effective working relationships with business partners, including Claims and Underwriting teams.
- Serve as a technical reference point on wordings and coverage across all assigned territories and business lines.
- Stay informed about new products, business opportunities, and market, legal, and regulatory changes that may affect wordings.
- Support the onboarding of a contract review tool and maintain an up-to-date suite of agreed wordings.
- Deliver regular training sessions for junior underwriting team members as needed.
- Act as a self-starter who manages tasks effectively, communicates objectives clearly, and meets deadlines consistently.
- Demonstrate the ability and confidence to adjust wording strategies as needed.
- Minimum 5 years of relevant experience in insurance or reinsurance as a lawyer/attorney, as contract/policy specialist or in a claims handling role.
- University degree in law and further professional legal / insurance qualifications preferred.
- Good understanding of Property & Casualty products and local re/insurance market required. Preference for Casualty wordings specialist.
- Business acumen with the ability to effectively drive the business forward with a thoughtful, proactive, and practical approach. Confidence to change/ direct wording appetite as and when required
- Proficient in using technology effectively to carry out functional responsibilities. Interest in digitalization and automation, first experiences in this field a plus.
- Demonstrated capability to work efficiently and independently, learn quickly, prioritize and meet demanding deadlines in a fast-paced environment while remaining analytical and detail-oriented.
- Strong communication and interpersonal skills, ability to build relationships and collaborate effectively with colleagues globally.
- Fluent in English, proficiency in Spanish and/or Portuguese considered a plus.
- Proficient skills in MS Office suite.
MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin AG, Labuan Branch.
Salary Range $168,553.60 - $240,000
- $168,553.60 - $240,000
