Guy Carpenter is seeking candidates for the following position based in Seattle, Philadelphia, Morristown, NJ, Philadelphia, Chicago, Los Angeles, or San Francisco offices:
Contract Analyst I - Reinsurance
What can you expect?
As the primary colleague accountable to Broking for contractual documentation for client accounts assigned, you will be expected to develop and apply increasingly expanding knowledge of basic reinsurance concepts and solid language writing skills to each contract/program assigned, under regular supervision.
You will be responsible for delivering consistently accurate and timely contract documentation to internal and external parties.
You will have direct responsibility for managing your own workload and deadlines with Brokers and others to ensure expectations are met on assigned accounts.
You will perform all contract drafting and document management responsibilities for assigned accounts, all within published guidelines and with supervisory guidance as needed.
You will be viewed as a partner to the placement process and expected to be available to support those activities when needed, as reasonable.
What is in it for you?
A company with a strong Brand and strong results to match
Culture of internal mobility, collaboration and valued partnership with HR from the business
Competitive pay, full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND automatic contribution
Generous Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan
Generous paid time off for vacation, sick, company holidays and time to give back to your community
Employee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations
We will count on you to:
Under regular supervision, perform all or some of the following core job functions:
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.
Input contract status data on the electronic document tracking system.
Promote, build and maintain relationships with Brokers, Clients and Markets.
Participate in team meetings and activities to share opinions, ideas, knowledge and solutions, appropriate to skill level; 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.
Gain 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.
Support team by maintaining Colleagues' workloads in their absence.
Support Brokers by assisting with contract-related inquiries from Clients and/or Markets as requested and with assistance and guidance as necessary
What you need to have:
Prior experience in a corporate environment
Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required.
Attention to detail in completing assigned tasks.
Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.
Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner, with guidance as needed.
Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the Guy Carpenter brand.
Strong ability to quickly assess and offer effective solutions to problems efficiently. Ability to make sound judgments, with guidance as required, while knowing when to bring situations to the attention of Management.
Consistently deliver superior Client service.
What makes you stand out:
Bachelor's Degree and related or transferable experience preferred.
1+ years related experience in insurance/reinsurance industry desired.
Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls and general business trends.
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter
Marsh & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.