13 Aug
|
Swiss Re
|
Toronto
Opportunity
The 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 setting.
About the Life & Health Contracts Function
- Structures and documents traditional reinsurance agreements
- Ensures contractual terms reflect underwriting intent
- Provides clear advice on wording implications and risk trade‑offs
- Supports disciplined portfolio management through contracts analysis
Mandate
- Strengthen commercial discipline and ensure contracts reflect underwriting intent and disciplined risk‑taking
- Act as a trusted partner to client markets and cross‑functional stakeholders (Underwriting, Pricing, Claims, Legal), shaping deal structure and contract outcomes on key accounts
- Provide clear, decisive recommendations on wording and structural trade‑offs, including hands‑on involvement of key client accounts
- Lead interpretation, analysis, and restructuring of existing agreements
- Ensure consistent application of global contracting standards
- Own deviation governance, tracking, and transparency across the region
- Strengthen documentation rigor and decision traceability
- Lead, mentor, and develop the team of Contracts Specialists across the US and Canada
- Define clear roles, accountability, and career pathways for Contracts Specialists
- Represent North America within the global L&H; Contracts Leadership Team
- Lead regional adoption of contracting workflow tools and GenAI‑enabled practices,
embedding AI into standard drafting and review workflows
- Ensure responsible use of GenAI is operationally embedded and scalable across the region
Success Looks Like
- Contracts is recognized as a disciplined commercial and risk partner across North America within 18‑24 months
- Strong governance and deviation discipline across markets
- Broad adoption of digital workflow and GenAI tools
Profile
- 12–15+ years’ experience in Life & Health reinsurance or insurance contracting – must have a Law degree
- Strong legal foundation or substantial experience drafting and negotiating reinsurance agreements
- Demonstrated commercial judgment and ability to articulate risk trade‑offs
- Experience operating in a regulated, high‑complexity reinsurance environment
- Experience leading multi‑location teams
- Experience driving workflow modernization and technology‑enabled change
You Are
- A high‑accountability leader who drives performance and sets clear standards
- Decisive and comfortable owning difficult calls
- Commercially pragmatic while uncompromising on risk discipline
- Confident challenging stakeholders constructively
- Committed to developing talent and strengthening capabilities
Compelling
- Full regional accountability across Swiss Re’s largest L&H; portfolio
- Direct partnership with the North America leadership and the Global Head of L&H; Contracts
- Mandate to strengthen commercial discipline and governance at scale
- Opportunity to shape the evolution of the Contracts function, including integration of workflow and GenAI
Compensation
The 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.
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📌 Head Contracts L&H North America (Toronto)
🏢 Swiss Re
📍 Toronto