Reinsurance Contract Specialist LAC

Company:Guy Carpenter

Description:

Join Our Team as a Reinsurance Contract Specialist for the Latin America and Caribbean Team!

This role can be based in any of this locations at LAC: Mexico, Chile, Perú, Colombia or Argentina. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

• Collaborate with the LAC Broking team to construct, deliver, and ensure the quality of contractual documentation for clients, utilising advanced reinsurance knowledge, basic primary insurance concepts, and exceptional writing skills.

• Draft bespoke wordings and review language on the existing book of business to ensure clarity and compliance.

• Provide informed and thoughtful recommendations regarding contractual products, going beyond broker instructions to identify potential issues with requested language and approaches as needed.

• Deliver training and act as the Wording Knowledge Manager for the LAC region, sharing expertise and insights with team members.

• Manage your own workload and deadlines effectively, coordinating with Brokers and other stakeholders to meet expectations on assigned accounts.

• Serve as a key partner in the placement process, offering support and expertise as required.

• Manage a client base for all aspects of reinsurance contracts, ensuring comprehensive oversight and support.

• Interpret, draft, and assess contracts, conducting quality assurance reviews to ensure that contract wording accurately reflects the intent of reinsurance negotiations.

• Proactively recommend coverage and wording enhancements, raising potential coverage issues as appropriate.

• Support Brokers by providing timely and effective responses to all contract-related inquiries from clients and markets.

• Research and respond to inquiries from Brokers, Clients, and Markets, fostering strong relationships and open communication.

What you need to have:

• A Bachelor’s degree in law, business administration, finance, or a related field.

• Fluency in Spanish and English (both written and spoken).

• A solid understanding of contract law and legal terminology, with familiarity in relevant regulations and compliance issues.

• The ability to analyse complex information and assess risks associated with contract terms.

• Excellent written and verbal communication skills for drafting clear and concise contracts and negotiating terms with stakeholders.

• Familiarity with contract management software and tools is beneficial, along with proficiency in Microsoft Office and other relevant software.

What makes you stand out?

•  Experience in treaty reinsurance.

• Proficient negotiation skills to advocate for favourable terms while maintaining positive relationships with clients and partners.

• Strong analytical skills to assess contract terms and identify potential issues or areas for improvem ent.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.