Sr. Specialist - Reinsurance Administration

Reposted 3 Days Ago
Be an Early Applicant
Hiring Remotely in Home, Klouékanmè, Kouffo, BEN
Remote
48K-65K Annually
Senior level
Insurance
Protective has helped people achieve protection and security in their lives for over 117 years.
The Role
The Sr. Specialist in Reinsurance Administration manages reinsurance and custodial agreements, ensuring compliance and accuracy while coordinating efforts with internal teams and external stakeholders.
Summary Generated by Built In
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

The Reinsurance Administration Sr. Specialist supports the front‑end accounting and compliance activities of the reinsurance program. This role is responsible for preparing, maintaining, and coordinating reinsurance and custodial agreements and related documentation. The position partners closely with internal teams such as sales, legal, and reinsurance and external stakeholders, including agents, dealer customers, banks, outside attorneys and others. This role is ideal for a highly detail‑oriented professional who thrives in a fast‑paced environment, manages multiple priorities, and can quickly take ownership of responsibilities.

Key Responsibilities

  • Coordinate new reinsurance company formations in support of the reinsurance program.
  • Prepare, review, and maintain reinsurance agreements, including reinsurance treaties, custodial agreements, termination agreements, and recapture agreements.
  • Manage required annual filings for reinsurance companies domiciled abroad.
  • Work closely with cross functional internal teams such as sales, legal, reinsurance to execute reinsurance transactions based on business requirements.
  • Partner with external agents, dealer customers, banks, and others to support agreement execution and compliance.
  • Organize, upload, and maintain documentation in the scanning database and central repository.
  • Maintain accurate company records and agreement documentation.
  • Perform administrative and compliance‑focused tasks in a high‑volume, fast‑paced environment.
  • Support additional duties and projects as assigned.

Skills, Knowledge, & Abilities Required:

  • Insurance industry knowledge, with exposure to reinsurance or compliance‑related functions.
  • Strong attention to detail with the ability to accurately prepare and review agreements.
  • Excellent written and verbal communication skills.
  • Strong organizational skills and ability to manage competing priorities.
  • Ability to work independently and take ownership of responsibilities.
  • Critical thinking and problem‑solving skills with a forward‑thinking mindset.
  • Ability to anticipate next steps and proactively address needs.
  • Strong Microsoft Office skills.
  • Adaptability and flexibility in a dynamic, fast‑changing environment.
  • Strong note‑taking and documentation skills.
  • Interest in process improvement and identifying efficiencies.

Minimum Requirements

  • Associate's degree + 2 years of relevant experience, OR Bachelor's degree in a relevant field.
  • Demonstrated ability to work independently in a detail-oriented, compliance-focused role.

Preferred Qualifications

  • Prior experience in the insurance industry highly preferred.
  • Experience reading, reviewing, or supporting legal or contractual agreements.
  • Experience supporting reinsurance, accounting administration, or compliance functions.
  • Experience working with external partners such as attorneys, banks, or insurance agents.

The internal job title for this role is Sr. Specialist General Accounting.

Employee Benefits:  
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health.  Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.

Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.

Skills Required

  • Associate's degree + 2 years of relevant experience, OR Bachelor's degree in a relevant field
  • Insurance industry knowledge, exposure to reinsurance or compliance
  • Demonstrated ability to work independently in a detail-oriented, compliance-focused role

Protective Life Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Protective Life and has not been reviewed or approved by Protective Life.

  • Retirement Support A pension plan alongside a 401(k) with employer match is repeatedly highlighted and considered a standout feature. Feedback suggests these offerings provide strong long‑term financial security.
  • Healthcare Strength Medical, dental, vision, and prescription coverage are complemented by HSA/FSA options with company contributions and wellness incentives. Feedback suggests the breadth of health benefits is comprehensive.
  • Leave & Time Off Breadth Paid time off and holidays are frequently cited as positives, with parental leave and adoption assistance available. Feedback suggests time‑off policies support work‑life balance.

Protective Life Insights

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The Company
Birmingham, AL
2,912 Employees
Year Founded: 1907

What We Do

Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. Protective traces its roots to its flagship company founded in 1907, Protective Life Insurance Company. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing — for its employees, distributors and, most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees work across the United States. As of June 30, 2020, Protective had assets of approximately $123 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings,

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