The Chubb Corporation
Title: Reinsurance Treaty Contract Analyst
Department: Reinsurance Services
Unit: Reinsurance Contracts Unit
Responsibilities include: implementation of reinsurance treaty agreements protecting Chubb business units, analyzing Chubb treaty reinsurance agreements, identifying terms and conditions, analysis of premium/commission registration, and other attachment criteria at an advanced level.
The Reinsurance Treaty Contract Analyst will report to the Treaty Contract Manager in Reinsurance Services. The candidate will interact with a diverse group of internal & external personnel including Divisional Financial Officers, senior underwriters, Ceded Reinsurance buyers and brokers and Senior Management.
DUTIES AND RESPONSIBILITIES
Interpret and implement treaty reinsurance agreements supporting various Chubb business units.
Complete data analysis and reconciliations for quality control of claims attachment and premium registration.
Maintain established measures of business performance in evaluating and controlling monthly production, premium registration by statutory company and line of business.
Partner with Senior Leadership teams to prepare & evaluate cede premium allocation to accurately impact business unit financial results.
Communicate and resolve issues with Underwriting organization, Finance, and reinsurance intermediary impacting efficient execution of ceded reinsurance programs.
Assists in the planning and implementation of special projects and performs other duties and tasks in order to meet company objectives within established time frames.
Successful completion of college level curriculum with a concentration in Risk Management, Finance, Accounting or Mathematics.
Excellent technical skills. Advanced knowledge of Microsoft Excel.
Proven ability to analyze and interpret insurance and reinsurance contracts at an advanced level as evidenced by experience in an insurance or reinsurance environment.
Strong knowledge of reinsurance operations and industry practices.
Superior organizational skills, result orientation, and attention to detail.
Proven ability to work independently, self-motivate, and develop viable solutions. Must be able to set high standards for self-performance and meet them.
Superior oral, written and interpersonal communication skills. Must possess ability to express ideas effectively, and produce written documents that have appropriate organization, structure, and correct grammar.
Proactive work ethic – ability to think ahead and proactively address situations and opportunities as they arise; this will be reflected through actions and ability to act decisively and boldly.
Successful completion of industry professional designations – CPCU or ARe preferable.
For more than 130 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world. Today, we are the 12th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 26 countries staffed by 10,200 employees. The Chubb Corporation reported $52.2 billion in assets and $13.6 billion in revenues in 2012. According to Fortune magazine, Chubb is the 202nd largest U.S.-based corporation.