Sr. Specialist - Reinsurance Administration
About the role
The Reinsurance Administration Sr. Specialist plays a crucial role in supporting the reinsurance program at Protective. This role involves coordinating new reinsurance company formations, preparing, reviewing, and maintaining various types of agreements, and collaborating with internal and external teams to ensure compliance and successful transaction execution.
Responsibilities
- Cook up 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
- Handle required annual filings for reinsurance companies domiciled abroad
- Collaborate closely with cross-functional internal teams such as sales, legal, and 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
Qualifications
- 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
- 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
Skills
- 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
- 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
Benefits
We offer a comprehensive benefits package designed to support the financial and emotional wellbeing of our employees. This includes health, dental, and vision insurance, mental health benefits, an employee assistance program, and a variety of paid time away benefits. Additionally, we encourage our employees to engage in wellness programs and offer a 401(k) plan with Company matching.