The North America (US, Canada, English Caribbean) portfolio represents the largest and most complex region within Swiss Re's L&H reinsurance portfolio.The L&H Contracts Team Lead – North America is a senior leadership role with full regional accountability for the Contracts function across traditional reinsurance agreements. This role leads contract drafting discipline, governance rigor, and in-force contractual risk review within a high-volume, performance-driven underwriting environment.You will serve as a business partner to Swiss Re L&H's North America Market Units and translate underwriting intent and legal advice into disciplined, repeatable contract execution that protects performance and long-term value. The role owns deviation discipline, negotiation consistency, contractual integrity, and contractual analysis across the region, while driving modernization through workflow tools and GenAI-enabled practices.While strong legal and drafting expertise is essential, this role sits within the L&H Pricing & Portfolio Performance (PPP) function and partners closely with legal, underwriting, pricing, claims, portfolio management and risk functions to support Swiss Re's North America business. It is accountable for ensuring contracts reflect disciplined risk-taking and align with underwriting performance objectives.Reporting to the Global Head of L&H Contracts, this role is a member of the global L&H Contracts Leadership Team and plays a visible role in shaping the evolution of the Contracts function.About the Life & Health Contracts FunctionThe L&H Contracts function at Swiss Re drafts, reviews and advises on reinsurance agreements between Swiss Re and its clients. In close partnership with underwriting, pricing, claims, legal, and risk,



the team:Structures and documents traditional reinsurance agreementsProvides explicit advice on wording implications and risk trade-offsSupports disciplined portfolio management through contracts analysisContracts plays a critical role in safeguarding Swiss Re's risk position while enabling sustainable long-term profitability.Your MandateStrengthen Commercial DisciplineEnsure contracts reflect underwriting intent and disciplined risk-takingAct as a trusted partner to Client Markets and cross-functional stakeholders (Underwriting, Pricing, Claims, Legal), shaping deal structure and contract outcomes on key accountsProvide clear, decisive recommendations on wording and structural trade-offs, including hands‐on involvement of key client accountsLead interpretation, analysis, and restructuring of existing agreementsStrengthen Governance & StandardizationEnsure consistent application of global contracting standardsOwn deviation governance, tracking, and transparency across the regionStrengthen documentation rigor and decision traceabilityLead, mentor, and develop team of Contracts Specialists across the US and CanadaDefine clear roles, accountability, and career pathways for Contracts SpecialistsRepresent North America within the global L&H Contracts Leadership TeamAccelerate Digital Workflow & GenAI AdoptionLead regional adoption of contracting workflow tools and GenAI-enabled practices,



embedding AI into standard drafting and review workflowsEnsure responsible use of GenAI is operationally embedded and scalable across the regionWhat Success Looks LikeWithin 18–24 months:Contracts is recognized as a disciplined commercial and risk partner across North AmericaStrong governance and deviation discipline across marketsBroad adoption of digital workflow and GenAI toolsYour Profile12–15+ years' experience in Life & Health reinsurance or insurance contracting - must have Law degreeStrong legal foundationor substantial experience drafting and negotiating reinsurance agreementsDemonstrated commercial judgment and ability to articulate risk trade-offsExperience operating in a regulated, high-complexity reinsurance environmentExperience leading multi-location teamsExperience driving workflow modernization and technology-enabled changeYou areA high-accountability leader who drives performance and sets clear standardsDecisive and comfortable owning difficult callsCommercially pragmatic while uncompromising on risk disciplineCommitted to developing talent and strengthening capabilitiesWhy This Role Is CompellingFull regional accountability across Swiss Re's largest L&H portfolioDirect partnership with the North America leadership and the Global Head of L&H ContractsMandate to strengthen commercial discipline and governance at scaleOpportunity to shape the evolution of the Contracts function, including integration of workflow and GenAIThe base salary hiring range for this existing position is CAD $170,000 - 204,000.Our company has a hybrid work model where the expectation is that you will be in the office three days per week.Swiss Re is an equal chance employer committed to diversity and inclusion. #J-18808-Ljbffr

📌 Head Contracts L&H North America (Toronto)
🏢 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
📍 Toronto