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For a detailed look at CNA's benefits, check out our Candidate Guide .
Job Summary
The Facultative Reinsurance Analyst position is part of our Corporate Reinsurance organization, CNA's reinsurance operations group, specifically situated within the Facultative Premium and Claims Team.
The ideal candidate will perform a variety of tasks including premium reconciliation, claims and data reporting and mailbox distribution. They will exhibit prior experience with data management, financial reconciliations, insurance/reinsurance, and/or claims management. The individual will have the opportunity to collaborate with both external markets and internal business units such as Claims, Underwriting, and Business Solutions.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

• Creates/reconciles premium invoices, monitoring and correcting discrepancies as they arise. Prepares premium disbursements.
• Monitors errors and aging of outstanding reinsurance balances. Partners on corrective actions needed with peers to ensure payment is made/received in accordance with contract guidelines and departmental metrics.
• Monitors activity in multiple Reinsurance e-mail boxes to ensure prompt response times to internal and external partners.
• Completes analysis of contract errors and endorsements while interfacing with Underwriting, Reinsurance Placements or various other internal business partners. May verify contract set up and accuracy in our sub ledger.
• Will learn to research, interpret and analyze specific facts while applying insurance and reinsurance concepts to understand coverage and liability issues. May prepare clear and concise status reports to the market and manages inquiries as needed.
• Makes recommendations for process improvements considering all aspects of the job along with internal guidelines, compliance and industry standards.
• Analyzes data, prepares and presents reports to management.
• Completes appropriate compliance functions to ensure the ethical and financial integrity of transactions. Participates in audits and assists in providing documents and explanation as necessary.

May perform additional duties as assigned.
Reporting Relationship
Manager or above.
Skills, Knowledge & Abilities

• Knowledge of insurance and claims principles practices and procedures.
• Good interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
• Ability to work independently.
• Good analytical and problem solving skills.
• Ability to exercise independent judgement and effectively resolve ceded reinsurance issues.
• Knowledge of Microsoft Office Suite as well as other business-related software.

Education & Experience

• Bachelor's degree or equivalent experience.
• Typically a minimum of one to two years of claims, accounting or reinsurance experience.
• Applicable professional designations, or related coursework desirable.

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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .