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Senior Contracts Drafter

Posted Jan 25
Full Time
HybridBloomington, Minnesota

Job Description

Aon is looking for a Senior Contracts Drafter

As part of Aon's Reinsurance Solutions team, you will be responsible for preparing, reviewing and finalizing formal documentation memorializing terms and conditions applicable to treaty reinsurance arrangements. You will be challenged to learn and remain well informed of industry terms and jargon, as well as trends and regulations to remain competitive.

 

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

Location

This is a hybrid role with the flexibility to work both from home and your aligned office.

 

Recently voted one of the Best Employer for New Grads by Forbes, we are a leading global professional services firm providing a broad range of risk, reinsurance, health and wealth solutions to our clients. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Responsibilities

  • Draft and revise reinsurance contracts, attending documentation and related correspondence
  • Assist brokers, clients, and markets in resolving issues related to contract wording
  • Draft, revise and endorse documentation for the London Market (London Slips)
  • Review contract documents for completeness, accuracy and consistency
  • Coordinate with broker colleagues to review reinsurance contract terms
  • Contribute to maintenance of library of clauses
  • Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues and industry trends affecting reinsurance contracts
  • Ensure that general processing and quality of assigned accounts complies with team guidelines
  • Participate in marketing presentations to prospective and existing clients
  • Review simple peer revisions to contract documentation
  • Draft, review and edit reinsurance intermediary agreements
  • Perform other related duties as assigned

Qualifications

  • Some legal and/or insurance/reinsurance industry experience required
  • Excellent written communication skills, including demonstrated/advanced competence in all facets of reading, writing and communicating in English
  • Strategic and analytical thinker, including basic math proficiency and proven problem solving
  • Detail oriented
  • Proficient with MS Office, including formatting paragraph styles and tables, tracking changes, adjusting page layout and using templates in MS Word
  • Adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms
  • Nominal travel may be required

Education

  • Bachelor’s degree (BA/BS) with majors in English, Accounting, Business, Risk Management, Finance, Insurance but open to all majors
  • Advanced degree or industry-related professional designation desired, but not required

How we support our colleagues

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

 

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

 

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

 

Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.

 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com

 

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position is $72,000 - $83,000 USD. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

 

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