Vacancy details




Job Profile




Lockton - Experienced Professional




Title




Senior Contract Wordings and Production Support Account Manager




Description




Location: London or Bermuda




We are looking for an experienced Contract Wordings and Production Support Account Manager to join our Non-Marine Retrocession and Property Specialty.




This is a varied role combining Contract Wordings, Production Support and Client Account Management. Working closely with our broking colleagues and client service team, you will be responsible for contract drafting, negotiation and certainty, as well as general production support and account management for our clients to deliver a high-quality service across Excess of Loss, Quota Share, ILWs and ILS placements.




You will take responsibility for a portfolio of renewal and new business, working with brokers, clients and reinsurers throughout the placement process. A key part of the role will be interpreting agreed commercial terms and ensuring these are accurately reflected within reinsurance contracts and associated documentation.




The position would suit someone with established Non-Marine Retrocession and Property Specialty experience who understands both the technical detail behind contract wordings and the importance of strong account management and stakeholder relationships. Experience on collateralised placements is also preferrable, but not essential.




Why Lockton Re?




Built on experience. Driving what's next.




At Lockton Re, we combine deep reinsurance expertise, an independent mindset and innovative technology to deliver better outcomes for our clients. Our culture gives people the freedom to think differently, collaborate across teams and make a genuine impact.




Fiercely Independent




Our independence means we can focus on what matters most: our clients and our people. We think long term, challenge convention and empower colleagues to make decisions and bring forward new ideas.




Industry Proven




Our people bring deep market expertise, strong relationships and a track record of delivering for clients. We work across products, geographies and disciplines to solve complex challenges.




Distinctly Digital




We combine technology, data and analytics with human expertise to work smarter and move faster, strengthening our insight and the service we deliver to clients.




Lockton Re is the reinsurance business of Lockton, the world's largest privately held insurance broker. We have 600 colleagues across 24 locations globally, bringing together specialist expertise and an entrepreneurial approach to serve clients around the world.




Candidate Profile

• Managing a portfolio of renewal and new business across Non-Marine Retrocession and Property Specialty.


• Working closely with brokers and client service colleagues throughout the placement lifecycle.


• Drafting, reviewing and refining reinsurance contracts and associated documentation.


• Translating agreed commercial terms into accurate contractual documentation.


• Reviewing contracts and endorsements, identifying inconsistencies or areas requiring clarification/improvement.


• Supporting placements across Excess of Loss, Quota Share, ILWs and ILS business.


• Liaising with clients, reinsurers and internal stakeholders to resolve queries and progress outstanding documentation.


• Managing priorities and key deadlines across multiple accounts and renewals.


• Building strong relationships with brokers, clients and reinsurers to support the delivery of a high-quality service.


• Work closely with Client Services to ensure efficient processing of contracts, premiums and claims


• Contributing to an effective and collaborative Production Support team.

About You




You will have relevant reinsurance experience gained within Contract Wordings, Production Support and Account Management or a similar technical role.




We are also looking for:




Good knowledge of reinsurance contracts and the documentation lifecycle.

• Experience drafting, reviewing and refining reinsurance contract wordings.


• An understanding of treaty reinsurance structures, including Excess of Loss and Quota Share business.


• Experience of Non-Marine Retrocession, Property Specialty, ILWs and/or ILS placements would be advantageous.


• Excellent attention to detail and an ability to identify and resolve contractual or documentation issues.


• Strong written and verbal communication skills.


• The ability to build effective relationships with brokers, clients, reinsurers and colleagues.


• Good commercial judgement and an understanding of how contractual wording reflects the agreed placement.


• The ability to take ownership of your workload and manage competing deadlines.


• A collaborative approach and commitment to delivering a consistently high standard of client service.

Custom section 3




Scheduled




Full Time Permanent