Lead, Ceded Reinsurance Administration (HYBRID OR REMOTE)
About the role
At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives—a mission we’ve honed since 1859. This position supports Finance Operations within the Accounting Center of Excellence while driving excellence in reinsurance treaty administration and related financial processes. Reinsurance is a key component of Equitable’s strategy to manage capital, support growth, and return value to our shareholders.
This role leads a team of Reinsurance professionals to develop subject-matter expertise on a portfolio of ceded life and annuity reinsurance treaties. The Lead partners with Finance, Product, and IT teams to operationalize reinsurance transactions and manage ongoing settlements and reporting. A key focus is ensuring Equitable complies with all policy, treaty, and reporting requirements while identifying opportunities to automate and improve treaty administration.
Responsibilities
- Develop and maintain deep understanding of reinsurance treaty provisions and serve as a subject-matter expert for various inquiries.
- Lead a team supporting treaty administration and analysis activities.
- Prepare and/or review and analyze monthly and quarterly treaty settlement statements; manage reinsurance receivables and payables with counterparties.
- Partner with accounting and financial reporting teams to support financial close processes.
- Analyze and monitor actual treaty experience in accordance with corporate risk-sharing and retention limits.
- Prepare and analyze reinsurance treaty financial results; analyze trends relative to prior periods, annual budget, and strategic plans.
- Manage and monitor reinsurance claims processing, including responding to reinsurance counterparty inquiries regarding validation of complex claims to ensure accuracy and alignment with treaty parameters.
- Provide input in the design of new treaties and amendments to existing treaties; lead implementation of the administrative function.
- Provide analysis to support treaty negotiations and arbitrations.
- Design efficient, effective, and scalable processes and controls with a focus on continuous improvement.
- Coordinate required communication and documentation gathering to support internal and external audits.
Requirements
- Bachelor’s degree.
- 6+ years of reinsurance operational experience working with life and/or annuity products.
- 2+ years of people leadership experience, including coaching, mentoring, and empowering team members to achieve shared goals.
- Demonstrated understanding of reinsurance administration, treaty mechanics, and accounting implications.
- Continuous improvement mindset with experience analyzing reinsurance administration processes, identifying control and efficiency gaps, and leading initiatives to improve treaty administration, reporting, and settlement activities.
- Skilled at using quantitative and qualitative data to diagnose issues, evaluate alternatives, and communicate recommendations that drive informed business decisions.
- Established user of reinsurance technology applications (e.g., TAI) and the Microsoft suite, particularly Excel.
- Ability to work collaboratively and efficiently with a diverse group of subject-matter experts.
Preferred Qualifications
- Experience partnering with external reinsurers and asset managers.
- Experience in change management.
- Knowledge of SOX and audit requirements.
Skills
- Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
- Coaching Others: Knowledge of coaching and mentoring concepts and methods; ability to encourage, motivate, and guide individuals in learning and improving effectiveness.
- Cross-functional Collaboration: Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals.
- Data Gathering and Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to gather and analyze data on business needs.
- Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
- Knowledge of Reinsurance: Knowledge of reinsurance activities, processes, tools, and considerations; ability to implement all reinsurance practices following all standards, applicable laws, and regulations.
- Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Schedule
This position offers a flexible work schedule: it may be fully remote or hybrid. If located near one of our offices (e.g., Charlotte, NC; New York, NY; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected to foster collaboration and connection.
Pay
The base salary range for this position is $100,000 - $140,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
Benefits
For eligible employees, Equitable provides a full range of benefits, including:
- Medical, dental, and vision coverage.
- 401(k) plan.
- Paid time off.
For detailed descriptions of these benefits, visit the Equitable Total Rewards Program.