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    Senior Reinsurance Contract Analyst - New York, United States - TRANSRE

    TRANSRE
    TRANSRE New York, United States

    1 week ago

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    Description
    About Us

    Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

    Integrity Work honestly, to enhance TransRe's reputation

    Respect Value all colleagues. Collaborate actively.

    Performance We reward excellence. Be accountable, manage risk and deliver TransRe's strengths

    Entrepreneurship Seize opportunities. Innovate for and with customers.

    Customer Focus Anticipate their priorities. Exceed their expectations.

    We have the following job opportunity in our New York City office:

    Description

    The Reinsurance Contract Analyst will analyze U.S. & Canadian Treaty Reinsurance Contracts and give feedback to underwriters regarding consistency of contract language and approved firm order terms & conditions, while also highlighting material year-over-year changes and discrepancies. This role will report to the Global Operations Leader in the Global Portfolio management team and will have great visibility with Underwriters and Brokers at all levels. Responsibilities include, but are not limited to:
    • Maintaining timely turnaround of review on renewal business, new business, final documents, I&L processing and endorsements
    • Collaborating with internal and external stakeholders including Senior Management, U.S. and Canadian Treaty Underwriters, Legal, Claims and Reinsurance Brokers
    • Developing and monitoring contracts training plans for underwriters and technical assistants
    • Communicating contract changes based on Lines of Business, Clients, Brokers, Clauses and providing historical perspective on contract changes
    • Tracking broker introduced language and communicating throughout the underwriting team
    • Leading quarterly task force meetings that are led by the contracts analytics team in order to outline trends and changes in contract language with the underwriting team
    • Assisting in contracts administration including documentation of internal electronic file
    • Assisting on special projects across multiple product lines and providing support/feedback to other departments as required, including but not limited to drafting treaty and certificate language
    Requirements
    • 7+ years of experience with Reinsurance Treaty Contracts Analysis either as a Contract Analyst or Treaty Underwriter
    • Strong technical skills in reinsurance contract structures and coverages
    • Proficient knowledge of reinsurance operations and industry practices
    • Professional (re)insurance designations such as CPCU or ARe are preferred
    • Strong organization skills with meticulous attention to detail
    Work Schedule

    TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office's practices and preferences marketplace trends, and TransRe's business objectives. This position is eligible for a hybrid work schedule with approximately 3 days in the office per week, with the remainder of the week remote.

    Compensation

    In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $115, ,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant's specific skill set and level of experience.

    We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.
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