Brokerage, Contract Creation, Contract Management, Contract Negotiation, Customer Relations, Documentation, Reinsurance, Time Management
The Contract Drafter is responsible for preparing, reviewing, and finalizing formal documentation of terms and conditions for reinsurance arrangements.
Contract Drafter responsibilities:
- 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.
- 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 document review, training, and oversight for brokers.
- Documents the status and abstracts the content of contracts in the firm's document tracking systems.