Job Detail

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance.  We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.  As a member of AXIS, you join a team that is among the best in the industry.

Job Description:

The Senior Reinsurance Contracts Specialist reviews a wide array of market-produced reinsurance contracts (both assumed and ceded) against corporate standards and agreed-upon terms. Contracts span various lines (property, casualty, specialty, A&H) and structures (excess of loss, quota share, aggregate, per risk, per occurrence, per policy, clash, stop loss). The Senior Reinsurance Contracts Specialist analyses the contract provisions and suggests alternative wording where needed. Additionally, the Senior Reinsurance Contracts Specialist drafts reinsurance contracts based on corporate standard wordings or client contracts/clauses. The Senior Reinsurance Contracts Specialist provides guidance for Underwriters, Marketers and others involved in contract wording discussions. The Senior Reinsurance Contracts Specialist is viewed as a mentor on contract wording issues throughout the AXIS organization. In addition, the Senior Reinsurance Contract Specialist will review, endorsements, addendums, NDAs,  trust and collateral agreements.

Duties & Responsibilities:

• Ability to review, analyse, and interpret reinsurance contracts for various lines of business.


• Keep current on reinsurance contract/policy wording developments and communicate importance and impact of wording changes to Underwriters and Marketers.  This includes nuances for the countries serviced.  In addition, knowledge of Lloyd’s wordings and operations is essential. 


• Continually develop specialized knowledge of particular lines of business in order to identify wording solutions that pertain to that business segment.


• Collaborate and liaison with other Reinsurance Contracts Specialists, Policy Wording Analysts, the Product Center, 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:


• Knowledge of funding/Credit for Reinsurance requirements.

Qualifications:

• College degree, CPCU and/or ACII 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 (Lloyd’s knowledge is a plus).


• Strong knowledge of specific contract features and lines of business.  


• Excellent analytical and communication skills.


• Language skills in German, Spanish, French and other languages (such as Portuguese and Italian) as a plus.


• 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.