Job Description:
• Collects, analyzes, and maintains reinsurance renewal submission data, schedules, and supporting documentation.
• Reviews reinsurance contracts and supports analysis related to treaty and facultative placements.
• Makes recommendations to improve the quality, accuracy, and availability of reinsurance‑related data.
• Monitors, reviews, and analyzes large losses to assess reinsurance impact and ensure compliance with contractual reporting requirements.
• Monitors the rendering of reinsurance premium and loss accounts, commissions, collections, and collateral; prepares and processes reinsurance billing statements.
• Coordinates with reinsurers and internal accounting teams to resolve billing, settlement, and transactional issues.
• Responds to inquiries from internal stakeholders regarding reinsurance contracts, facultative placements, premium and claim activity, and reinsurance procedures.
• Prepares the annual reinsurance budget, periodic variance analyses, and management reports related to reinsurance performance.
• Monitors compliance with reinsurance guidelines and procedures across departments and takes action to resolve issues.
• Identifies opportunities for process improvements; solves problems and removes barriers to ensure accuracy and timeliness of reinsurance work products.
Requirements:
• 3+ years of experience in Reinsurance or a related field.
• Bachelor's degree in Business, Accounting, Economics, or a related field and/or commensurate experience.
Benefits:
• Provides reinsurance training and guidance to underwriting staff and new hires as needed.
• Supports reporting requests for senior management, governmental agencies, and rating agencies related to reinsurance programs.