Contracts Drafter

Contracts Drafter - Reinsurance

This is a hybrid role with the flexibility to work both virtually and from our Bloomington, MN office. You will have the chance to be part of a hardworking and experienced team!

Aon is in the business of better decisions

At Aon, we build decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Draft reinsurance contracts, attending documentation, and related correspondence

• Assist brokers, clients, and markets in addressing issues related to contract wording

• Draft, revise, and endorse London Slips, submitting them for review and approval

• Review expiring wording and new contract documents for completeness, accuracy, and consistency

• Participate in marketing presentations to prospective and existing clients

• Coordinate with broker colleagues to review reinsurance terms

• Contribute to the maintenance of our library of clauses

• Monitor statutory positions, regulatory guidelines, judicial decrees, current wording issues, and industry trends affecting reinsurance contracts

• Ensure that general processing and quality of assigned accounts strictly follow team guidelines

Skills and experience that will lead to success

• Corporate/business/legal/paralegal experience in contracts preferred. Knowledge from the insurance/reinsurance industry would be a definite plus

• Bachelor’s degree or equivalent experience in legal studies, business administration, a related field, or similar industry experience

• Strong written communication skills, including demonstrated/advanced competence in all facets of reading, writing, communicating in English

• Strategic and analytical problem solver, including basic math competence and proven problem-solving skills

• Proficient with MS Office and adaptable to other proprietary systems/applications as demonstrated by previous experience with other platforms

• Nominal travel may be required

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

The salary range for this position (intended for U.S. applicants) is $71,500 to $75,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

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