A Brief OverviewDevelop, design and produce reinsurance treaties of the highest complexity which include advanced reinsurance concepts. Ensure the treaties accurately reflect the reinsurance agreement provisions negotiated between RGA Re and its clients. Evaluate client prepared documents and initiate necessary recommendations for change. Perform Peer Reviews for documents prepared by other associates for quality and accuracy.
What you will do- Research, design and/or create the most complex treaties (whether client prepared or RGA drafted) which include advanced reinsurance concepts and capture all the details of a reinsurance transaction in one document. Developer must be familiar with actuarial pricing concepts, reinsurance business models, administration details, underwriting specifics and general legal mandates. Developer must understand how profitability for the business is affected by treaty language. Ensure the documents accurately reflect the agreement reached between RGA Re and clients. Identify and escalate treaty language outside guideline parameters to the appropriate Subject Matter Expert for assessment which includes obtaining and documenting approvals. Work very closely with SMEs in other departments such as Actuarial, Legal, Administration, and Underwriting.
- Following established department procedures, conduct Peer Reviews for documents prepared by other associates for quality and accuracy, adherence to RGA business guidelines and legal protocols.
- Ensure treaties comply with State and Federal insurance regulations as communicated from Legal counsel and corporate contract standards. Identify differences and escalate to Legal counsel.
- Maintain relationships with clients and other RGA Re associates to facilitate effective resolution of treaty issues. Advise clients of recommended revisions to treaty documents and continuously monitor status to ensure they are executed.
- Own and drive resolution on meetings with internal associates in other areas of RGA, orchestrate client calls and occasionally meet with visiting clients in person. Continuous communication with clients via phone and e-mail.
- Work with various computer systems to produce boilerplate treaty documents, produce reports and/or input data.
- Assist department associates with questions and occasionally provide training.
- Analyze methods, procedures or processes and recommend enhancements and/or improvements. Implement approved recommendations.
Qualifications- Bachelor's Degree in Arts/Sciences (BA/BS) Paralegal Degree or equivalent related experience in insurance, reinsurance or law related positions required
- 5+ Years legal, commercial contract or document drafting experience required
- Advanced Microsoft Word skills; Basic Microsoft Excel skills; Intermediate Microsoft Outlook skills required
- Advanced written and oral communication skills. Ability to share and impart knowledge required
- Advanced critical thinking skills. Complex analytical and problem solving skills; Advanced investigative skills required
- Must be flexible and adaptive to change. Takes initiative and is accountable required
- Ability to comprehend, interpret and compose highly complex treaty language, and to apply it appropriately required
- Ability to multi-task and meet tight deadlines. Highly organized and attentive to detail. Basic goal setting skills required
- Change initiation skills required
- Value judgment abilities required
- Ability to balance detail with departmental goals/objectives required
- Ability to work independently and within a team. Ability to work well within a team environment and participate in department projects required
- Advanced interpersonal skills. Advanced persuasion skills when working with internal and external customers to resolve issues/problems. required
- Basic SQL Query Skills preferred
- Progress toward FLMI, ARA or other relevant professional accreditation Preferred
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What you can expect from RGA:- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
We're excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience-without considering name, gender, or other personal details-and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every step of the way to ensure the process feels personal, thoughtful, and focused on you.
Compensation Range:$66,740.00 - $94,800.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
