Reinsurance Contract Manager

Overview:
 

This position is responsible for activities related to the administration and management of reinsurance and other partner structures. This includes new set ups, changes, terminations, novations and commutations.

 

The Reinsurance and Partner Structures team oversees the following:

Reinsurance

Captives

DOWC/DOOC

Cell Structures

Profit Share

FTP/XOL

Responsibilities:
 

Ensures all legal documents (agreements, amendments, trusts, notices, letters, etc.) are completed in an accurate and timely manner.

Ensures team gathers, reviews and maintains all corporate documents, as well as other required documentation for all partner structures.

Prepares and updates contract matrices for all partner structures. 

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

Ensures system maintenance screens are set up and maintained with accurate information.

Obtains proper authorizations and entitles users in system.

Organizes, conducts and leads periodic meetings with clients and internal teams.

Manages 2 Reinsurance Administrators, providing directions, guidance, sets goals and organizes tasks.   

Provides accurate and timely responses to client requests.

Maintains a thorough understanding of the business and documents.

Gathers and prepares information, reports, communications and presentations for internal parties (Executives, Finance, Underwriting, etc.) as well as for external parties (clients, management firms, external auditors, etc.).

Fulfills a leadership/training/mentoring role on the reinsurance and partner structures team. This includes ensuring procedures are properly documented, recommending new processes or changes, and providing education to others.

Performs other functionally related duties and projects as assigned.

Qualifications:
Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Business or related area of study

5 or more years’ experience in legal, accounting, finance, insurance or related field

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

Self-starter and motivator

Very proficient in Microsoft Office

Excellent analytical and 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.