Contract Analyst

About the role

The Reinsurance Contract Specialist supports the reinsurance underwriting function by managing, organizing and maintaining all treaty reinsurance contracts across Grinnell’s Farm Mutual and Broker Assumed Reinsurance Underwriting departments. The role focuses on managing the Assumed Reinsurance contract lifecycle, including updating and customizing treaty wordings, drafting amendments, endorsements and revised versions for special scenarios, and tracking contract documentation. Grinnell Mutual has been recognized 14 years in a row for being one of Iowa's Top Workplaces, four years running as a national Top Workplace USA winner, and three years as an international Gallup Exceptional Workplace. Since 1976 Grinnell Mutual has been rated A (Excellent) or higher by AM Best.

Responsibilities

• Maintain and update standardized excess of loss and pro-rata treaty contract templates and draft new contracts and endorsements.
• Maintain an organized repository of executed reinsurance contracts, amendments and endorsements.
• Track contract versions, status, and execution progress in coordination with underwriting, clients and brokers to ensure documentation completeness.
• Develop and maintain a library of common contract clauses by treaty type and market.
• Interpret complex contract language and advise underwriting, claims, and accounting teams on coverage intent, obligations, and exposures.
• Assist in adapting standard wordings to unique treaty structures.
• Support treaty negotiations and explain contract wording implications and propose alternative wording solutions.
• Serve as a subject‑matter resource and provide guidance or training to underwriting and operational teams as needed.
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