JOB DESCRIPTION

Primary Purpose:

Responsible for all financial aspects relating to reinsurance purchasing, tracking and reporting. Can be considered for Sr. Manager and Director levels dependent on experience.

Essential Duties and Responsibilities:

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Ensure accurate ledgering of all reinsurance contracts including recoverable/payable tracking and payment booking.
• Monitor reinsurer recoverables, manage collateral provided, and identify any reinsurer collectability concerns.
• Collaborate with IT to program new reinsurance contracts into the reinsurance reporting system.
• Lead annual preparation of Schedule F.
• Regularly compile reinsurance bordereaus and reports, ensuring timely and accurate delivery.
• Design and implement processes in compliance with auditing standards.
• Manage relationships with reinsurers and reinsurance brokers.
• Communicate and collaborate with business partners in other functional areas, including product, finance, accounting, claims, IT, and senior management.
• Manage Reinsurance Team.

Minimum Skills and Competencies:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor Degree or in-lieu of degree equivalent education, training and work-related experience
• 5+ years of experience with financial reporting
• 1+ years of experience with reinsurance
• 1+ years of experience managing people and projects
• Strong computer skills with high proficiency in managing and manipulating data in Excel
• Experience pulling data using SQL
• Strong analytical, critical thinking, and project skills
• Must possess effective verbal and written communication skills
• Works independently with little supervision, and strong team player
• Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint)

Desired Skills:

• Bachelor or advanced degree in insurance, actuarial science, mathematics, risk management, economics, accounting, business administration or related analytics-oriented discipline
• CPA