Reinsurance Administrator I

Overview:
This position serves a key role in administration of our various programs, which includes new set ups, changes, terminations, novations, commutations and trusts. The position interacts frequently with clients in providing excellent customer service/support for the programs.

 

The Reinsurance and Partner Structures team oversees the following types of programs:

Reinsurance

Captives

DOWC/DOOC

Cell Structures

Profit Share

FTP/XOL

 

Responsibilities:
Ensures accurate and timely completion all legal documents (agreements, amendments, trusts, notices, letters, checklists, etc.). This includes determining appropriate document type, making necessary changes, coordinating with clients and with other internal/external parties, as well as obtaining necessary approvals and signatures.

Gathers, reviews and maintains all corporate documents and other required documentation for all partner structures.

Maintains all documentation in department’s document storage tool, ensuring consistent and proper naming of files in correct folders, as well as AMP’s retrieval of documents.

Provides status reports, follow up communications and updates to workflow tool (Salesforce).

Reviews items for completeness and accuracy.

Prepares and updates contract matrices for all partner structures.

Coordinates with Legal team for changes to legal documents and for new legal documents.

Inputs into system maintenance screens to set up and maintain with accurate information.

Obtains proper authorizations and entitles users appropriate access to system; also provides client support for AMP issues, conducting research to determine how to resolve.

Provides accurate and timely responses to client requests.

Maintains a thorough understanding of the business and related documents.

Performs other functionally related duties and projects as assigned.

Qualifications:
3 or more years’ experience in legal, insurance or related field

Must have strong attention to detail

Ability to multi-task, work under pressure efficiently, with high quality results

Self-starter, motivator and able to work autonomously

Ability to read and interpret legal documents

Very proficient in Microsoft Office

Strong problem analysis/resolution skills, along with the ability to identify when urgent action or escalation is required

Excellent organizational skills

Exceptional oral and written communication skills

 

 

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What We Offer:
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

 

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.