Reinsurance Contracts Lead

The Reinsurance Contracts Lead at SageSure is tasked with reviewing, analyzing, and drafting complex reinsurance agreements, including quota share treaties and catastrophe excess of loss agreements. This role also involves conducting detailed contract analyses, maintaining a comprehensive wording library, and preparing in-depth summaries for senior management. Such responsibilities ensure that SageSure aligns its reinsurance strategies with business objectives, making this position pivotal in shaping risk management.

To qualify for the Reinsurance Contracts Lead position at SageSure, candidates should possess over seven years of experience in reviewing and negotiating property reinsurance agreements. A strong understanding of various reinsurance structures, advanced knowledge of contract terminology, and exceptional analytical skills are crucial. Preferred qualifications include advanced education like an MBA or a Law degree, professional designations (CPCU, ARM), and knowledge of regulatory requirements and industry best practices.

The Reinsurance Contracts Lead role at SageSure stands out due to its integral involvement with C-Suite executives and senior leaders. This position operates within the Office of the CEO, granting it a unique perspective on high-level decision-making. Additionally, the collaborative environment with reinsurance brokers across multiple placements allows the Reinsurance Contracts Lead to significantly impact SageSure’s overall risk strategy.

At SageSure, the work culture for a Reinsurance Contracts Lead is dynamic, inclusive, and focused on problem-solving. As a recognized Best Place to Work in Insurance, the organization values diversity and encourages employees to bring their authentic selves to work. The culture fosters critical thinking and innovation, making it a supportive environment for those looking to make meaningful contributions to the company’s mission in the insurance sector.

SageSure actively supports career development for the Reinsurance Contracts Lead by offering generous perks like tuition reimbursement and professional development opportunities. Employees are encouraged to pursue industry-recognized certifications and advanced education, ensuring they stay at the forefront of insurance practices. With over 600 employees, SageSure provides a collaborative environment that promotes continuous learning and growth.

When answering, highlight specific agreements you've drafted or analyzed, such as quota share or catastrophe excess of loss treaties. Mention any challenges faced and how you successfully navigated complexities, showcasing your attention to detail and industry knowledge.

Discuss your analytical techniques and the methods you employ to conduct thorough contract analyses. You might reference specific tools or approaches you've devised to identify coverage gaps or inconsistencies, demonstrating your proactive mindset.

Talk about your familiarity with regulatory guidelines and industry standards, sharing your experience ensuring contract integrity. Describe steps you've taken to maintain version control and how you've organized communications to support compliance and transparency.

Share examples of your experience working with senior stakeholders and the strategies you've employed to ensure clear communication. Emphasize your ability to create concise summaries that distill complex information into actionable insights, fostering informed decision-making.

When recounting your negotiation experiences, focus on a specific situation that posed difficulties and how you achieved a positive outcome. Highlight your skills in diplomacy, problem-solving, and the importance of understanding both parties' interests.

Discuss your methods for staying updated on market trends, such as subscribing to industry publications, attending relevant seminars, or engaging with professional networks. This demonstrates your commitment to ongoing education and awareness in the field.

Mention specific software or tools you rely on for contract management, such as data management systems or analysis tools. Discuss how they've aided in maintaining organization and support thorough analysis of contractual terms.

Explain your approach to conflict resolution, emphasizing effective communication and finding common ground. Use an example to illustrate how you've successfully mediated differing perspectives to reach a collaborative agreement.

Share your experience in developing templates or standardized materials for reinsurance agreements. Highlight any efficiencies or consistency improvements you've achieved through these efforts, showing forward-thinking in contract management.

Articulate your enthusiasm for the role by connecting your skills and experiences to SageSure's mission and culture. Highlight what excites you about the opportunity to contribute to a leading organization in catastrophe-exposed property insurance.