SVP, Reinsurance Services job summary: The position is responsible for post-placement functions related to treaty and facultative ceded reinsurance, including reinsurance contract administration, cash management, and leadership of a team of over seventy people.
Requirements
- Effectively and efficiently administers the ceded reinsurance business of Chubb North America.
- Accurately recording contract terms in the reinsurance system set-up for approximately 100 reinsurance programs and a significant number of facultative certificates.
- Billing and collecting over $3B from reinsurers annually.
- Applying cash received accurately and timely.
- Overseeing the payment of ceded premium to reinsurers.
- Managing collateral, including a no less than annual review of the adequacy and quality of the collateral held and requesting and securing additional collateral as needed.
- Identifying and executing on opportunities for efficiencies through process improvement, off shoring and enhancements to systems.
- Production of appropriate management and financial reports.
- Leading or participating in enterprise projects as needed.
- Supporting reinsurance placements, including providing timely and accurate historical treaty experience.
- Providing leadership to the department, including ensuring training and opportunities are provided to the staff to maintain high level of performance.
- Ensuring the department adheres to all statutory and Chubb requirements related to reinsurance administration.
- Continually improving the people, process and performance of the unit.
Benefits
- 401k Matching
- Retirement Plan
- Generous Paid Time Off
