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.
