AVP, Contracts

3 weeks ago

Toronto ON, Canada Acrisure Full time

Acrisure Re is a leading re/insurance intermediary and corporate advisor/broker dealer, offering bespoke and innovative capital, risk, and program solutions. Our expert multi-disciplinary team leverage their combined experience, market data and leading analytics to provide the very best placement and execution strategies. Our global business solutions include:

  • Acrisure London Wholesale
  • International Facultative
  • Corporate Advisory and Solutions (ARCAS)
  • Cat Modeling and Analytics

Acrisure Re is an Agency Partner of Acrisure LLC, a global fintech-leader. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure' s dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

TEAM AND STRUCTURE:

Reporting to the VP, Head of Contracts, North America, the primary mandate of the AVP, Contracts will be to ensure accurate and consistent contracts by practicing excellent communication skills to refine requests with brokers and apply technical writing skills to review and deliver reinsurance contracts, I&Ls, and other contracts related to reinsurance placements. This role can be based in the US or Canada.

CORE RESPONSIBILITIES:

  • Draft, review, and deliver reinsurance contracts to internal and external clients that accurately reflect negotiated terms.
  • Revise documents as needed throughout the lifecycle of the reinsurance placement and evaluate contract revisions holistically to ensure contract terms continue to align.
  • Practice the collaborative, negotiation and investigative skills needed to secure detailed contract information to promote efficient workflow with broker teams.
  • Make informed, thoughtful, and relevant recommendations to the contractual product, raising potential issues as appropriate.
  • Offer informed interpretations of contract language, ensuring contract wording reflects intent of reinsurance negotiations.
  • Proactively recommend coverage and wording enhancements and raise potential coverage issues, as appropriate.
  • Engage in calls with clients, markets, and colleagues in a professional manner.
  • Leverage excellent writing skills to influence internal and external business partners and expedite contract negotiations.

INDIVIDUAL EDUCATION, QUALIFICATION & SKILL SET:

  • Bachelor's degree is required, with a preference for English, Technical Writing, or other communications/analytical writing degree.
  • Extensive experience working in the re/insurance industry with experience directly related to contract drafting and/pt familiarity with the reinsurance placement process.
  • Ability to self-direct work and manage fluctuating workloads.
  • Ability to quickly build strong rapport with broker teams and colleagues in a virtual environment.
  • Awareness of North America contract law and basic regulatory controls and general business trends.
  • Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint).
  • Business acumen and excellent writing and editing skills that can be leveraged to influence business partners and colleagues at all levels of the organization.
  • Demonstrated ability to contribute as part of a high-performance team and prioritize effectively in a fast-paced environments.
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