Senior Reinsurance Analyst

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Job Summary
CNA's Reinsurance function strategically supports Underwriting by providing innovative solutions to manage volatility and protect the balance sheet. The department focuses on implementing reinsurance strategies, optimizing programs, and ensuring regulatory compliance to enhance risk management and support CNA's mission of delivering tailored insurance solutions and exceptional customer service.
The Reinsurance Services Team supports most aspects of the reinsurance life cycle. The team is viewed as departmental consultants, performing various responsibilities in a collaborative environment to support and improve areas of risk management, contract placements, administration, and underwriting.
Due to the diverse nature of work, the Senior Reinsurance Analyst role offers ample growth both personally and professionally. The individual will have the opportunity to utilize new technologies to continually enhance and improve processes, learn both basic and advanced insurance/reinsurance knowledge, and work on a highly visible team with key leaders across the organization. A successful candidate will have an accounting, finance, or data analytics background.
JOB DESCRIPTION:
Essential Duties & Responsibilities

• Implements technology-driven solutions focused on automation and reducing risk exposure across processes.
• Supports contract administration by developing and maintaining contract reconciliations, bordereau preparation, and miscellaneous reporting.
• Assess key financial metrics of various reinsurers to determine their viability for participation in CNA's reinsurance programs.
• Pursues recovery of balances on reinsurance accounts by working with brokers, reinsureds, and reinsurers. Liaison with the collections unit to identify and resolve complex settlement issues.
• Coordinates with business units and corporate finance areas in the preparation of statutory schedules such as Schedule F and ensures compliance with SOX requirements.
• Participates in special projects and multi-departmental teams. May perform additional duties as assigned.

Reporting Relationship
Reports directly to Reinsurance Manager
Skills, Knowledge & Abilities

• Strong analytical skills and attention to detail.
• Good interpersonal and communication skills. Ability to effectively interact with all levels of CNAs internal and external business partners.
• Sound decision-making and problem-solving skills.
• Ability to negotiate and influence business partners.
• Knowledge of Microsoft Office Suite and other business-related software.

Education & Experience

• Bachelor's degree in finance or accounting, or related disciplines.
• Typically, a minimum of four years of work experience, accounting or financial emphasis is preferred.
• Related insurance/reinsurance industry experience is preferred.

Location and Work Environment
This position is based in our Chicago, IL office. We offer a flexible work environment with opportunities for hybrid work.
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I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually.Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .