07 Aug
|
Swiss Re
|
Toronto
OpportunityThe North America (US, Canada, English Caribbean) portfolio is Swiss Re's largest and most complex region within our Life & Health 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.About the Life & Health Contracts FunctionStructures and documents traditional reinsurance agreementsEnsures contractual terms reflect underwriting intentProvides clear advice on wording implications and risk trade‐offsSupports disciplined portfolio management through contracts analysisMandateStrengthen commercial discipline and ensure 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 agreementsEnsure consistent application of global contracting standardsOwn deviation governance, tracking, and transparency across the regionStrengthen documentation rigor and decision traceabilityLead, mentor, and develop the team of Contracts Specialists across the US and CanadaDefine explicit roles, accountability, and career pathways for Contracts SpecialistsRepresent North America within the global L&H Contracts Leadership TeamLead 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 regionSuccess Looks LikeContracts is recognized as a disciplined commercial and risk partner across North America within 18‐24 monthsStrong governance and deviation discipline across marketsBroad adoption of digital workflow and GenAI toolsProfile12–15+ years' experience in Life & Health reinsurance or insurance contracting – must have a Law degreeStrong legal foundation or 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 disciplineConfident challenging stakeholders constructivelyCommitted to developing talent and strengthening capabilitiesCompellingFull 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 GenAICompensationThe base salary hiring range for this existing position is CAD 170,000 – 204,000. The specific base salary offered will consider factors such as job location, scope of role, qualifications, complexity, and budget. Swiss Re adopts a total compensation approach that includes base pay, short‐ and long‐term incentives, and benefits. #J-18808-Ljbffr
📌 Head Contracts L&H North America (Toronto)
🏢 Swiss Re
📍 Toronto