Program Reinsurance Contract Analyst

MSIG Holdings USA, Inc.

• $200K — $300K *
US-AnywhereRemote in New Jersey, US
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree preferred; ARe or CPCU strongly favored
  • Advanced degrees or Juris Doctor preferred
  • 15+ years of progressive experience in reinsurance in US/London markets
  • Expert knowledge in reinsurance placements and conditions
  • Strong verbal/written communication and analytical skills.
  • Proven experience in high-value contract negotiations and team mentoring.

Responsibilities

  • Review, edit, and create complex reinsurance contracts
  • Act as subject matter expert for contract wording inquiries
  • Draft and negotiate amendments and supporting agreements
  • Ensure compliance with regulatory requirements in contract language
  • Collaborate with Legal and Compliance for contract development
  • Mentor junior reinsurance team members on complex terms
  • Contribute to best practices and standard contract templates.

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) with generous employer match and profit-sharing
  • Wellness incentive program
  • Life and AD&D insurance
  • Flexible spending programs
  • Short-term and long-term disability plans
  • Paid time off, including parental and charitable leave
  • Tuition reimbursement program
  • Personal insurance discounts.
Full Job Description

This position can be located out of the New Jersey office, New York City office, or for the right candidate this candidate can be remote.

Independently review/edit/create/interpret complex and non-standard reinsurance contracts to

accurately memorialize negotiated reinsurance placement terms, including facultative, treaty,

and retrocessional arrangements

• Deep, expert-level knowledge of standard and bespoke market wordings, with the ability to

identify, resolve, and advise on complex technical and coverage issues

• Act as the primary escalation point and subject matter expert between MS Transverse and

Brokers/Reinsurers for questions/inquiries associated with contract wording for programs they

are responsible for.

• Draft and negotiate related contract documents, including amendments, and other supporting

agreements, often with minimal oversight

• Ensure contract language complies with applicable regulatory and statutory requirements across

admitted and non-admitted lines, and advise leadership on emerging regulatory and reinsurance

wording trends and considerations

• Collaborate cross-functionally with Legal, Compliance, and Product teams to support contract

development and risk management initiatives

• Mentor and provide technical guidance to other ceded reinsurance team members, by

reviewing the reinsurance contracts and explaining complex reinsurance terms and conditions.

• Contribute to the development of department best practices, templates, and standard contract

wording libraries

• Assist in additional projects as assigned



Job Requirements/Qualifications:

Education

• Bachelor’s Degree (job-related majors/fields of study a plus); ARe or CPCU strongly preferred

• Advanced degrees, Juris Doctor/job-related designations preferred

Experience

• Fifteen + years progressive experience working on reinsurance wording in a US/London market

environment, including treaty, facultative and ILS Side Car placements

• Extensive, expert-level knowledge of reinsurance placements, terms & conditions, including

statutory and reinsurance accounting implications

• Technical and/or analytic experience that can be adapted to current technologies

• Strong verbal and written communication skills

• Analytical, decision making, problem resolution and organizational skills

• Demonstrated track record leading complex, high-value contract negotiations and mentoring or

managing junior team members

Other Components

• Excellent industry leading benefits package

• Progressive work environment that parses both virtual and office environments

• Remuneration is superior for the right person

• Ability to build their own brand as they build MS Transverse’s brand

• Direct interaction with, and visibility to, all the senior leadership of the firm.



Additional job description-Salary: The base range is $200-$300k. Salary determination are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Additional Benefits:

  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans



Additional Benefit Programs

  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

#LI-REMOTE



It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  

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