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Swiss Re

Reinsurance Contracts Expert

Swiss Re is hiring a Reinsurance Contracts Expert in Kuala Lumpur, Malaysia. Level rates it ; you can apply on Swiss Re.

Level's read on this job

  • Little AI ●○○○ is how Level rates this role: aI is not part of the work.
  • Level classes it as a senior role.
  • Swiss Re has 235 other open roles on Level.

AI in this role

About the Team

P&C Contracts is part of Underwriting Excellence in Property & Casualty Reinsurance and is responsible for ensuring Swiss Re's (re)insurance agreements comply with underwriting and contract standards.

You will join a highly engaged global team of approximately 40 legal, claims, underwriting, and contract specialists supporting Property, Casualty, and Specialty business lines worldwide. The team is responsible for:

  • Drafting and reviewing (re)insurance wordings.
  • Advising on contract-related matters.
  • Negotiating and finalising reinsurance contract terms with internal and external stakeholders.
  • Supporting the development of contract management tools, wording analytics, and contract governance standards.
  • Collaborating across regions, including APAC, EMEA, and the Americas, on global initiatives and projects.

 

 

About the Role

As Reinsurance Contracts Expert / Counsel, you will support Swiss Re's Property & Casualty Reinsurance business across Asia Pacific, partnering closely with underwriting, client management, and other stakeholders to manage contract risks and ensure contract certainty.

 

Key responsibilities include:

  • Independently drafting, reviewing, and negotiating reinsurance contracts, binders, slips, endorsements, and related documentation.
  • Ensuring contract wordings align with business intent, corporate standards, regulatory requirements, and applicable laws.
  • Conducting portfolio analysis and providing insights on contract-related risks and trends.
  • Supporting the Head of P&C Reinsurance Contracts in managing contract risks across the reinsurance portfolio.
  • Collaborating with Client Managers, Underwriters, brokers, and external clients during contract negotiations.
  • Acting as a technical advisor on contract interpretation, wording implications, and market best practices.
  • Contributing to the development of corporate policies related to contracts.
  • Supporting the enhancement of contract management and analytical systems.
  • Developing and delivering training on contract-related topics and thought leadership initiatives.
  • Maintaining strong governance, risk, and control standards for contract wordings and processes.
  • Participating in global projects and working closely with colleagues across APAC, EMEA, and the US.
  • Travelling for business approximately two weeks per year.

Location: Kuala Lumpur, Malaysia

 

 

About You

We're looking for an experienced reinsurance professional with strong technical, analytical, and stakeholder management capabilities who can work independently while building collaborative relationships across a global organisation.

 

You bring:

 

Qualifications & Experience

  • A degree in Business, Finance, Insurance, Law, or a related field.
  • Professional insurance qualifications (e.g., ACII or equivalent) preferred.
  • Legal qualification or background in Common Law / English Law is advantageous.
  • At least 5 years of experience in the (re)insurance industry in areas such as:
    • Claims
    • Underwriting
    • Coverage Counsel
    • Legal
    • Product Development

 

Technical Expertise

  • Strong understanding of P&C (re)insurance products, coverage, policy wordings, and business processes.
  • Experience drafting and negotiating commercial and reinsurance agreements.
  • Knowledge of relevant legal, regulatory, and market practices.
  • Strong analytical skills with the ability to assess contract risks and trends.
  • Good computer and information technology literacy.

 

Personal Attributes

  • Excellent written and verbal communication skills in English.
  • Confidence engaging with internal stakeholders, clients, brokers, and external partners.
  • Strong commercial negotiation and advisory skills.
  • Ability to work independently with accountability and sound judgment.
  • Innovative, pragmatic, and results-oriented mindset.
  • Strong relationship-building and cross-functional collaboration skills.
  • Experience working in multicultural environments; client-facing experience is an advantage.

 

About Swiss Re

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

 

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

 

Keywords:  
Reference Code: 138447 

 

 

How we rate this

Reinsurance Contracts Expert at Swiss Re rates 36 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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