Contract & Coverage Advisor

Description

Smith Brothers Insurance is a Top 100 National Broker with over 50 years of being independently operated. Our culture is rooted in our Helping Others purpose built on values and standards to deliver for our clients and each other. Learn more at www.smithbrothersusa.com.

The Contract & Coverage Advisor is responsible for providing support to the agency and its clients by reviewing contracts, advising on insurance coverage, managing risk transfer strategies, providing claims support, and conducting insurance due diligence in our Financial Sponsor practice for portfolio companies during M&A transactions. This role combines technical expertise in policy language with consultative client service to deliver accurate, compliant, and comprehensive insurance solutions.

Responsibilities & What You’ll Be Doing

• Review, analyze, and provide guidance on insurance policy language across all lines for accuracy, compliance, and potential risks.
• Advise clients and internal teams on contract interpretations and issues related to insurance programs.
• Build and maintain best in class library of Risk Transfer language to facilitate clients’ implementation of their contracts.
• Support claims by providing coverage counsel and assisting in insurer negotiations when necessary.
• Review the agency’s own contracts with carriers and vendors.
• Manage day-to-day activities of contract and coverage review and keep detailed records in agency management system.
• Conduct P&C due diligence efforts for Financial Sponsor transactions, summarize risks for deal teams, and recommend post close insurance solutions using established tools.
• Participate in client meetings or calls to explain exposures and insurance implications.
• Monitor regulatory changes impacting insurance, contracts, and agency business practices and update stakeholders accordingly.
• Work on projects and other work as assigned.
• Use technology and implement AI into workflows for efficiency and client experience.
• Build relationships with stakeholders.
• Ensure compliance with agency processes, confidentiality standards, and quality metrics.
• Stay current on industry trends, products, and regulatory changes.
• Engage in ongoing professional development through internal training and learning opportunities.
• Review, update, and contribute to processes improvement and workflow design as assigned/needed.
• Work on projects and other work as assigned.
• Demonstrate alignment with our purpose, values, and culture.
  
  

Qualifications, Knowledge, Skills, & Abilities, You’ll Bring

• 2 years in contract review, risk management, or legal compliance (insurance industry preferred).
• Bachelor’s degree in business, finance, or related field. Law degree a plus.
• Understanding of insurance contracts across all lines of P&C business.
• Knowledge of risk management strategies, indemnity clauses, and regulatory requirements, and compliance standards.
• Strong analytical skills and structured problem solving approach.
• Excellent communication, collaboration, interpersonal, and conflict resolution skills for interacting with internal teams, clients, and external partners.
• Strong organization and time management skills.
• Ability to influence across levels and build trust with diverse stakeholders.
• Ability to handle multiple priorities and work efficiently in a fast paced environment.
• Flexibility to adapt to evolving contract requirements and regulations.
• Strong MS Office skills and experience with agency management systems.
• Commitment to continuous learning and professional development.
• Self-motivated, strong work ethic, adaptable, stress tolerance to overcome hurdles.
• Team player who consistently defaults to good.
  
  

General Working Conditions

• Dynamic environment with frequent communication via phone, video, and in-person.
• Expect non-standard hours outside of normal course of business and some travel to client, network, and prospect meetings.
• Ability to view computer monitors for extended periods of time.
• Flexible Work Environment.
• Culture rooted in collaboration, integrity, trust, respect, creativity, and fun.
  
  

This job description is only a summary of the typical functions of the job, not an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties. Duties, responsibilities, and activities may change at any time with or without notice, based on business needs. This description does not constitute a contract of employment, and we reserve the right to revise the job description and/or require other tasks be performed as circumstances change.

Position Requirements

EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.