Program Reinsurance Contracting Manager
Crum & Forster
full-time
Posted on:
Location Type: Remote
Location: New Jersey • United States
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Salary
💰 $82,500 - $155,100 per year
About the role
- Manage various aspects of contracting through use of legal team’s systems and templates, integration with underwriting and accounting and contract review negotiations with external parties
- Independently draft and review external reinsurance treaties and provide input on related program agreements, based on pre-defined templates, protocols, underwriting input and industry knowledge.
- Negotiate, in collaboration with underwriting, the reinsurance contract language supporting business terms with internal/external partners, and coordinate discussions with related parties to drive the contract delivery process
- Advise and respond to contract questions or issues by coordinating with Legal support staff and Underwriters during divisional contract pipeline approval and signature workflows.
- Manage queue of open reinsurance contracts; advise and coordinate follow-up and system status update tasks with Legal and Business Unit team members to drive contracting lifecycle timelines and create meaningful prioritization, tracking and status reporting data.
- Review supplemental MS Excel reporting, contract system reporting and metric dashboards to assist in the evaluation of the contract management process
Requirements
- Bachelor’s degree - insurance or reinsurance designation (e.g. CPCU, ARe, ARA) a plus.
- 8+ years in the reinsurance field and/or the program insurance industry with duties involving Reinsurance transactions or contracts.
- Demonstrated industry knowledge and contacts in at least one reinsurance contract segment such as Assumed Fronting, International, Managed Care, Captive or Program contracting.
- Demonstrated understanding of multi-party contractual agreement types and uses.
- Demonstrated understanding of reinsurance terminology impacting profit & loss management.
- Experience in developing automated workflows, based upon rules-based technology protocols a plus
- Ability to utilize Microsoft Office (Word, Excel, Outlook, PowerPoint) and other similar software
Benefits
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision.
- A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- Corporate giving program that lets you participate and support your community
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
contract negotiationcontract draftingcontract reviewreinsurance treatiesautomated workflowsmulti-party contractual agreementsprofit & loss managementunderwriting inputmetric dashboardsreporting
Soft Skills
advisingcoordinationprioritizationtrackingstatus reportingcommunicationproblem-solvingindependencecollaborationorganizational skills
Certifications
Bachelor's degreeCPCUAReARA