Reinsurance Contracts Specialist

AmericanAg®, a global provider of diversified reinsurance services, is looking for a Reinsurance Contracts Specialist to join their team in Schaumburg, Illinois. The role involves drafting and negotiating reinsurance contracts, ensuring compliance with regulations, and collaborating with internal and external stakeholders. Responsibilities Assisting the Director of Reinsurance Contracts and Reinsurance Contract Drafters in drafting and negotiating of wide variety of reinsurance contracts Developing an understanding of contract language used in reinsurance contracts (including trust agreements) Assembling and issuing reinsurance contract documents for execution and tracking the status of each document (execution, coordination with other parties, etc.) Organizing and filing reinsurance contracts and trust agreements Monitoring statutory positions, regulatory guidelines, and judicial decrees affecting reinsurance contract wording Developing skills to support negotiation and resolution of wording issues for reinsurance contracts Drafting addenda and endorsements to reinsurance contracts (ceded, assumed, and retrocessional agreements) Researching information (both internal and external) to support legal and contract positions with respect to terms and conditions included in reinsurance contracts Skills Bachelor's degree Property and casualty insurance/reinsurance knowledge; experience with insurance contracts and foundational knowledge of legal industry practices Proficiency with Microsoft Office products, especially Word Strong analytical, critical-thinking, decision-making, and problem-solving skills Excellent organizational and time management skills; ability to multi-task and handle multiple priorities often under tight deadlines Ability to collaborate and work successfully in a team environment JD is a plus Professional designations such as CPCU or ARe preferred Benefits Annual productivity bonus Company Overview American Agricultural Insurance Company (AmericanAg®) stands out from the marketplace as a provider of reinsurance services across the insurance spectrum with a growing global presence. It was founded in 1948, and is headquartered in Schaumburg, Illinois, USA, with a workforce of 51-200 employees. Its website is