08/17/2022

Contracts Drafter, Vice President

  • Gallagher
  • Minneapolis, MN, United States

Job Description

Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper. We live a culture defined by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.

Investment, Risk and Reinsurance
Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

The Role
  • 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.
Required:
  • Bachelors degree
  • 7 years of previous industry related experience required.

Desired:
  • 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.

U.S. Eligibility Requirements:
  • Interested candidates must submit an application and resume/CV online to be considered
  • Must be 18 years of age or older or must demonstrate legal capacity to enter a contract
  • Must be willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation
  • Must have unrestricted work authorization to work in the United States. For U.S. employment opportunities, Gallagher hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. Gallagher will require proof of work authorization
  • Must be willing to execute Gallagher's Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure
  • Gallagher offers competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function) training programs, matching gift program, and more.

Gallagher believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, sex, color, disability, national origin, religion, creed, age, marital status, citizenship, veteran status, gender, gender identity / expression, actual or perceived sexual orientation, or any other protected characteristic. 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 applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

#LI-KF1

Additional Information



Apply Now