Sr Reinsurance Treaty Specialist
Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for a full-time Sr Reinsurance Treaty Specialist position, within the CSS – Legal department. Please see below for more information regarding the essential functions of this position, required qualifications, and how to apply.
You can look forward to
Job Summary:
Prepares and reviews both assumed and retro treaties and amendments. Works closely with internal and external customers to ensure that the treaty documents are clear and consistent with the intent of the deal. Maintains the Treaty Provision Database to provide support and information to internal and external customers.
Essential Functions:
(70%) Drafts and analyzes comprehensive reinsurance treaties, amendments and treaty-related documents to accurately describe the terms of the proposed deal and maintain compliance with corporate, industry and regulatory standards. Works with both assumed and retro treaties.
(15%) Maintains the accuracy of the Treaty Provision Database by keeping the information current with new treaties and effecting changes made by amendment. Assists in the on-going maintenance of the Treaty Provision Database, Treaty SharePoint site, I/M drive and Q drive folders to allow users the most current information available for download and viewing online.
(5%) Develops, maintains and distributes treaty management reports on a regular basis to fit the needs of our internal customers. Runs ad-hoc reports as needed on all executed and pending treaty documents.
(5%) Receives and processes audit requests from external parties as it relates to treaty confirmations and provides timely and accurate information.
(5%) Participates in or provides assistance with project work both within the department or companywide as needed to ensure that project resources are allocated appropriately and to provide accurate data.
You come equipped with
Competencies:
- Ensures Accountability
- Communicates Effectively
- Collaborates
- Optimizes Work Processes
- Attention to Detail
Essential Knowledge, Skills, and Abilities:
- BA degree in Business, Marketing or related discipline and/or a minimum of 6 years equivalent work experience in the insurance industry
- Strong knowledge and understanding of reinsurance and retrocession coverages and customary reinsurance contract provisions and language
- Strong verbal and written communication skills
- Strong organizational skills
Desired Knowledge, Skills, and Abilities:
- FMLI LOMA series designations
- Intermediate to Advanced MS Office, Word, Excel, Access and Outlook skills
Travel:
- 5% - Two two-day overnight trips to Orlando office and one annual two to three-day overnight trip for industry conference travel.
Compensation (Inclusive of Base + Bonus):
- $76,300 - $103,300
Benefits Include:
- Comprehensive medical, dental, and vision
- Paid Time Off (PTO) - Company provided life insurance and disability benefits
- 401(k) and profit sharing
- Additional ancillary benefits available
Hannover Re seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.
We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HLRUS-personnel@hannover-re.com. Please allow for 24 hours to process your request.
We will accept applications until a candidate has been identified and selected to fill this position.
Nearest Major Market: Orlando