MGA Binder Contracts & Wording Specialist

Our client, a reinsurance broker, is seeking a MGA Binder Contracts & Wording Specialist to own and drive reinsurance contract/slip wording from submission through execution. This person will be a primary resource for drafting, reviewing, negotiating, and finalising reinsurance wordings , ensuring that the client’s innovative deal structures are translated into clear, accurate, and commercially aligned agreements. In this role, you will support the development of contract certainty, provide clarity across multi-jurisdictional wordings, and help guide clients through the claims process with confidence and care. You will blend technical drafting expertise with collaborative problem-solving to support efficient, consistent delivery across the deal lifecycle.

Key Responsibilities:

• Draft, negotiate, and refine MGA (US and UK) Lloyd's reinsurance contracts, agreements, clauses, endorsements, and related documents with legal and commercial precision to ensure contract wording reflects the intent of the negotiations.
• Embed wordings early in the placement lifecycle to remove friction, reduce rework, and accelerate market closure.
• Lead or support global claims processes including notification, investigation, negotiation, and settlement.
• Collaborate with brokers, legal teams, Technical Accounting, and analytics to align contract terms with operational realities.
• Work with brokers, wordings and legal colleagues to refine wordings, interpret policy language, resolve contract issues, and establish best practices.
• Enhance the client’s clause library and contribute to continuous improvement in contract structure and defensibility.

Experience:

• 7+ years’ experience in reinsurance contract drafting
• Experience in handling complex (re)insurance claims
• Experience in a broker, MGA, carrier, or reinsurer environment
• Exposure to parametric contract wordings a plus