Senior Associate, Contracts Law

Job description

Required experience & competencies

·  Minimum Experience:  5 or more years related reinsurance experience 
·  Outstanding analytical, organization/time management and problem solving skills.
·  Exceptional ability to successfully balance numerous priorities and deadlines while maintaining professional demeanor at all times.
·  Strong PC skills and MS Office capabilities (Word, Excel).
·  Highly flexible work style with a strong teamwork/workgroup focus.
·  Demonstrated problem solving skills.
·  Ability to work independently and as part of a team.
·  Exceptional interpersonal skills, including verbal and written communication, negotiation and client relations expertise preferred.
·  Demonstrated ability to work effectively at all levels of the company.
·  Strong customer service focus.
·  Demonstrated ability to persuade and influence others preferred.
·  Demonstrated follow-through skills; highly detail-oriented
·  Ability to teach and lead other Contract Associates
·    Problem Solving - Identifies and analyzes issues, proposes and rolls out relevant solutions after appropriate approvals.
·  Communication - Knows how and when to develop/sustain a message and/or an idea (speaking and writing), uses the right tools to present information.
·  Reliability – Checks his/her work, challenges the solution before submitting it on time and identifies/corrects the mistakes.
·  Decision Making - Makes decisions and/or rolls out the decisions taking into account all available information.
·  Accountability - Alerts, raises the critical points when needed, shoulders and corrects his/her decisions and shows responsibility regarding cost management.
·  Commitment - Makes effort to bring his/her skills and uses his/her expertise to contribute to the success of the Group.

 Required Education 

·  Bachelor's degree or equivalent combination of education and experience.

Key duties and responsibilities

·  Analyze, evaluate, and research information received from internal and external clients for contracts, amendments and related documents that provide accepted and retroceded reinsurance.
·  Consistently demonstrate a complete understanding of SCOR Life & Health US and/or Canada standard contract clauses and provide a thorough analysis of existing contracts or client prepared documents as they relate to SCOR Life & Health US and/or Canada standard clauses, in accordance with any internal escalation and approval policy(ies).
·  Generate contracts for reinsurance arrangements in an accurate and timely manner in accordance with established metrics. Incorporate data in accordance with SCOR Life & Health US and/or Canada requirements and in compliance with relevant jurisdictional laws and regulations.
·  Secure agreement and execution of final terms by reinsurance business partners in compliance with regulatory mandates and internal standards for timely and accurate execution.
·  Consult, as needed, with management and Law Department regarding the interpretation or clarification of contracts that may impact the company's liability.
·  Effectively utilize contract workflow management systems and electronic storage systems to facilitate transparent communication of contract and document status and progress.
·  Accurately respond to inquiries from internal and external clients in a concise, professional and timely manner. 
·  Understand, interpret and apply applicable international, US state and federal laws and regulations related to the preparation of reinsurance agreements.
·  Coordinate interaction between marketing actuaries, pricing actuaries, operations and external clients for the efficient and accurate delivery of contracts.
·  Educate and provide leadership to other Contract Associates, company personnel and external clients on internal and industry business practices and norms applicable to reinsurance agreements.
·  Lead or participate in special projects, as directed by management.
·  Represent the Contracts Department during SCOR Life & Health US and/or Canada intra-departmental meetings.
·  May perform other duties as required.