Associate, Third Party Reinsurance Management

KKR

$115K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of experience in the financial services industry
  • Background in reinsurance or actuarial science required
  • Familiarity with life and annuity product features preferred
  • Proactive initiative and problem-solving skills
  • Strong verbal and written communication skills

Responsibilities

  • Analyze financial impacts of reinsurance coverage changes
  • Oversee work by the reinsurance TPA and internal modeling teams
  • Organize and present program performance to committees and senior management
  • Manage relationships with external partners and stakeholders
  • Provide reinsurance product and system expertise across the company
  • Address escalated pricing and implementation queries

Benefits

  • Flexible working environment in the Des Moines office
  • Opportunities for professional growth and development
  • Engagement with key stakeholders and industry leaders
  • Dynamic team environment with collaborative culture
  • Potential for discretionary performance-based bonuses
Full Job Description
POSITION OVERVIEW

The Reinsurance Management position will act as the key contact for internal and external queries related to reinsurance on both Life and Annuity products. Additionally, this role will be the primary point of contact for reinsurers and reinsurance administrator TAI. This position will coordinate and interact internally including product development, corporate actuarial, legal and IT. External interactions include our third party reinsurance partners, external reinsurers and key stakeholders. Position is being considered to join our Des Moines office.

RESPONSIBILITIES:
  • Analyze financial impact of changes in reinsurance coverage and retention
  • Oversight of work effort performed by the reinsurance TPA and internal modeling team
  • Organize and present to internal committees and senior management ongoing program performance and potential strategic management decisions
  • Strong people skills, including external relationship management
  • Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA)
  • Respond to escalated issues relating to reinsurance pricing, implementation or queries

QUALIFICATIONS:
  • Exposure to reinsurance and/or actuarial background required. Approx. (3-5) years of financial services industry experience is required
  • Experience with life and annuity product features is preferred
  • A "go getter" mentality, taking initiative and suggesting a course of action independently
  • Strong verbal and written communication skills with the ability to present technical information to non-technical audiences


This is the expected annual base salary range for this Des Moines-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $115,000 - $130,000 USD

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