Sr. Reinsurance Operations Specialist (REMOTE)

Posted 14 Hours Ago
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Home, KS
Mid level
Financial Services
The Role
The Sr. Reinsurance Operations Specialist is responsible for ensuring that reinsurance agreements meet internal and external requirements across various work streams including treaty and facultative setups, financial data processing, and reporting. The role requires effective communication, problem resolution, and providing training to less experienced staff.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Primary Responsibilities

  • Responsible ensuring reinsurance agreements internal and external requirements are met for the following work streams:
    • Treaty Set up/Profiling
    • Facultative Set up/Profiling
    • Captive Set up/Profiling
    • Reinsurance identification/calculation
    • Financial Data Processing/Reconciliation
    • Reinsurance reporting & record keeping
    • Other work streams as needed
  • Delivers in accordance with Standard Work and Service Level agreements
  • Effectively communicates and collaborates across the organization as needed
  • Effectively handles escalated issues and resolves problems
  • Escalates IT related issues impacting workflow and production
  • Provides training, technical expertise to less experienced staff, as needed
  • Implements assigned projects as needed
  • Other duties as needed

Key Competencies

  • Reinsurance technical knowledge
  • Collaborative and team-oriented
  • Analytical with ability to problem solve
  • Self-directed showing personal accountability and sense of urgency
  • Strong customer service orientation with an ability to operationalize customer needs
  • Self-motivated, proactive, and able to manage competing demands
  • Mid – Advance working knowledge of reinsurance operations (QS/XOL, Treaty/Fac)
  • Proficient in Microsoft Office Suite, SmartSheets, ImageRight, PowerBI. Other insurance platforms a plus (Policy Decisions, PolicyWriter, etc.)

Education and Experience

  • College degree – BA or BS preferred
  • 3-5 years relevant (re)insurance experience
  • Reinsurance Operations Experience
  • ARe, AINS, CPCU or similar designation is a plus

#LI-remote

#LI-EO1

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$70,000 - $82,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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