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Senior Contract Associate at Marsh & McLennan Companies in Edina, Minnesota

Posted in Other 30+ days ago.

Job Description:

  • Manages assigned client base for all aspects of reinsurance contracts, under limited supervision.
  • Assesses contracts and performs quality assurance review to ensure contract wording reflects intent of reinsurance negotiations.
  • Recommends coverage and wording enhancements and raises potential coverage issues, as appropriate.
  • Consults with Brokers by providing effective responses to all contract-related inquiries with Client and/or Markets.
  • Researches and responds to inquiries from Brokers, Clients and Markets and inputs contract status data on the electronic document tracking system.
  • Utilizes legacy tracking tools to manage contract performance.
  • Promotes, builds and maintains relationships with Brokers, Clients and Markets.

  • 5+ primary insurance or reinsurance contract drafting experience preferred
  • Bachelor's Degree and applicable experience preferred.
  • ARE or CPCU preferred, or in progress of completion
  • Minimum of 7 years of directly related experience in insurance/reinsurance industry -
  • Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls and general business trends. -
  • Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint) required. -
  • Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and Guy Carpenter colleagues at all levels. -
  • Demonstrated ability to work as part of a high performance team. Attention to detail in completing assigned tasks. -
  • Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment. -
  • Successful management of workload; able to manage expectations of all Clients and Stakeholders. -
  • Able to challenge appropriately, supporting business cases with facts and information

Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist, has over a 90-year history of providing integrated solutions to the (re)insurance industry. With over 2,300 professionals in more than 50 offices around the world, Guy Carpenter delivers a powerful combination of broking expertise, strategic advisory services and industry-leading analytics to help our clients achieve profitable growth. As our clients' most trusted and valuable reinsurance broker and strategic advisor, we leverage our intellectual capital to anticipate and solve for a range of emerging strategic business challenges and opportunities. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit for more information and follow us on LinkedIn and Twitter @GuyCarpenter

Guy Carpenter & Company, LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC).

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at:

Marsh & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.