Reinsurance - Legal Contract Wording Specialist
Apply NowCompany: Cincinnati Financial Corp
Location: Fairfield, OH 45014
Description:
Make a difference with a career in insurance
Cincinnati Re is a division of The Cincinnati Insurance Companies, where we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. The Cincinnati Insurance Companie's service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person.
If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati Re may be the place for you. We offer career opportunities where you can contribute and grow.
Start your journey with us
We are currently seeking a recent law school graduate or an experienced reinsurance contract wording analyst to join the Cincinnati Re Legal team.
Salary
The pay range for this position is $80,000.00 - $130,000.00 annually. The pay determination is based on the applicant's education, experience, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
Location
Be equipped with:
Providing outstanding service and developing strong relationships with all stakeholders are hallmarks of our company. Whether you have experience from another insurance company or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected reinsurance professional - all while enjoying a meaningful career.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated.To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Many departments at our Headquarters in Fairfield, Ohio, offer hybrid work options, empowering associates to work from home several days a week. Depending on your role and responsibilities, hybrid options may be available.
Cincinnati Re is a division of The Cincinnati Insurance Companies, where we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. The Cincinnati Insurance Companie's service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person.
If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati Re may be the place for you. We offer career opportunities where you can contribute and grow.
Start your journey with us
We are currently seeking a recent law school graduate or an experienced reinsurance contract wording analyst to join the Cincinnati Re Legal team.
Salary
The pay range for this position is $80,000.00 - $130,000.00 annually. The pay determination is based on the applicant's education, experience, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
Location
- Cincinnati, OH is preferred; however remote location will be considered
- review a variety of market-produced assumed and ceded reinsurance contracts for accuracy, completeness and consistency, including each parties' intent, compliance with regulatory requirements and corporate standards
- communicate in written and verbal form with stakeholders regarding contract wording, regulatory and compliance issues
- occasionally negotiate contract terms with counter-parties
- continue your education by staying current on reinsurance contract wording developments; communicate importance and impact of wording changes to underwriters and managers
- continually develop specialized knowledge of all Cincinnati Re business to anticipate and identify compliance, regulatory and contract wording solutions
- collaborate with various stakeholders, including underwriters, Claims and Legal colleagues to improve contract wording and legal processes
- effectively manage time and meet deadlines
Be equipped with:
- strong understanding of basic contract law
- sustained track record in a Reinsurance Contracts specialist or similar position
- working knowledge of reinsurance and primary insurance standards, practices and principles
- strong knowledge of specific contract/policy features and lines of business
- excellent analytical and communication skills
- very high attention to detail and accuracy
- ability to work independently and collaborate with colleagues within and across departments
- excellent Technology skills, including Outlook, Word, Adobe and Excel
- full understanding of the deal and analysis of the contract, including drafting and suggesting alternative wording as needed
- a college degree required. Law degree and/or CPCU designation preferred
- experienced reinsurance contract wording professionals will also be considered
Providing outstanding service and developing strong relationships with all stakeholders are hallmarks of our company. Whether you have experience from another insurance company or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected reinsurance professional - all while enjoying a meaningful career.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated.To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Many departments at our Headquarters in Fairfield, Ohio, offer hybrid work options, empowering associates to work from home several days a week. Depending on your role and responsibilities, hybrid options may be available.