Philadelphia, Pennsylvania, USA
9 days ago
Senior Vice President - Contracts
Introduction Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before. We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply. How you'll make an impact Prepares draft contracts, endorsements, and other documents for clients and markets. Researches regulations and other industry requirements impacting reinsurance contracts, as needed. Discusses contract issues with broker teams. Facilitates the brokers’ negotiation of contract language and liaises with clients and markets, as needed. Assists with Contracts Department Business Plan Strategic Objectives/Action steps, in coordination with Executive Management Team. Maintains contract and correspondence files, in accordance with corporate guidelines. Works with contracts administrative staff, brokers, reinsurers and clients to ensure timely execution of reinsurance contracts. Provides peer-to-peer document review, training, and oversight for less experienced Contracts Department colleagues, as may be assigned by Executive Management. Documents the status and abstracts the content of contracts in the firm’s document tracking systems. About You Bachelor's degree (B.A.) from four-year college or university and at least eight years (five years with Juris Doctor) in a contract writing department of a reinsurance broker, reinsurance underwriter, or ceding company is required. Must be proficient in the use of Microsoft Word, Microsoft Excel, and Microsoft Power Point. Experience with document management and workflow systems would be a plus. Ability to read, analyze, and interpret reinsurance contracts for various lines and programs is essential. Must understand and assimilate industry developments (such as the emergence of new lines of insurance, reinsurance structures, regulations, business processes, etc.) as they arise. Excellent writing skills required. Must be a skilled and an effective negotiator. Looking for an individual who can effectively present information to, and respond to questions from, managers, clients, and customers. Provides peer-to-peer document review and training as may be assigned by the Executive Management Team. Compensation and benefits On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve: Medical/dental/vision plans, which start from day one! Life and accident insurance 401(K) and Roth options Tax-advantaged accounts (HSA, FSA) Educational expense reimbursement Paid parental leave Other benefits include: Digital mental health services (Talkspace) Flexible work hours (availability varies by office and job function) Training programs Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing Charitable matching gift program And more... We value inclusion and diversity Click Here to review our U.S. Eligibility Requirements Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
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