Contract Analyst

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Job description

Contract Analyst I ReinsuranceWhat 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 matchCulture of internal mobility, collaboration and valued partnership with HR from the businessCompetitive pay, full benefits package starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND automatic contributionGenerous Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase PlanGenerous paid time off for vacation, sick, company holidays and time to give back to your communityEmployee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizationsWe will count on you to:Contract SupportUnder 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.Utilize CSS Dashboard and/other legacy tracking tools to manage contract performance.Promote, build and maintain relationships with Brokers, Clients and Markets.Continuous LearningParticipate 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 ReviewUnderstand 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.OtherSupport 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 necessaryWhat you need to have:Associate's DegreePrior experience in a corporate environmentProficiency 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 CARPENTERGuy 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 (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 and follow Guy Carpenter on LinkedIn and #BSS