Careers at Masis Staffing Solutions

Hybrid Senior Reinsurance Contract Analyst – New York, NY

Job ID:49792

MASIS Professional Group's Insurance Staffing Team has partnered with a Global Reinsurance organization to conduct a search for a Sr. Reinsurance Contract Analyst based in NYC.

Sr. Reinsurance Contract Analyst  – Hybrid NYC

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

  • Integrity                      Work honestly, to enhance Company’s reputation.
  • Respect                       Value all colleagues. Collaborate actively.
  • Performance               We reward excellence. Be accountable, manage risk and deliver Company’s strengths.
  • Entrepreneurship        Seize opportunities. Innovate for and with customers.
  • Customer Focus         Anticipate their priorities. Exceed their expectations.

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
Company is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and Company’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, the Company 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 – 150,000 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.

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Masis Staffing Solutions
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