Senior Reinsurance Analyst
Senior Reinsurance Analyst
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$ 54000 - 103000
1 Vacancy
Job Description
You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA we strive to create a culture in which people know they matter and are part of something important ensuring the abilities of all employees are used to their fullest potential.
Job SummaryCNAs Reinsurance function strategically supports Underwriting by providing innovative solutions to manage volatility and protect the balance sheet. The department focuses on implementing reinsurance strategies optimizing programs and ensuring regulatory compliance to enhance risk management and support CNAs mission of delivering tailored insurance solutions and exceptional customer service.
The Reinsurance Services Team supports most aspects of the reinsurance life cycle. The team is viewed as departmental consultants performing various responsibilities in a collaborative environment to support and improve areas of risk management contract placements administration and underwriting.
Due to the diverse nature of work the Senior Reinsurance Analyst role offers ample growth both personally and professionally. The individual will have the opportunity to utilize new technologies to continually enhance and improve processes learn both basic and advanced insurance/reinsurance knowledge and work on a highly visible team with key leaders across the organization. A successful candidate will have an accounting finance or data analytics background.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Implements technology-driven solutions focused on automation and reducing risk exposure across processes.
Supports contract administration by developing and maintaining contract reconciliations bordereau preparation and miscellaneous reporting.
Assess key financial metrics of various reinsurers to determine their viability for participation in CNAs reinsurance programs.
Pursues recovery of balances on reinsurance accounts by working with brokers reinsureds and reinsurers. Liaison with the collections unit to identify and resolve complex settlement issues.
Coordinates with business units and corporate finance areas in the preparation of statutory schedules such as Schedule F and ensures compliance with SOX requirements.
Participates in special projects and multi-departmental teams. May perform additional duties as assigned.
Reporting Relationship
Reports directly to Reinsurance Manager
Skills Knowledge & Abilities
Strong analytical skills and attention to detail.
Good interpersonal and communication skills. Ability to effectively interact with all levels of CNAs internal and external business partners.
Sound decision-making and problem-solving skills.
Ability to negotiate and influence business partners.
Knowledge of Microsoft Office Suite and other business-related software.
Education & Experience
Bachelors degree in finance or accounting or related disciplines.
Typically a minimum of four years of work experience accounting or financial emphasis is preferred.
Related insurance/reinsurance industry experience is preferred.
Location and Work Environment
This position is based in our Chicago IL office. We offer a flexible work environment with opportunities for hybrid work.
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In certain jurisdictions CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia California Colorado Connecticut Illinois Maryland Massachusetts New York and Washington the national base pay range for this job level is $54000 to $103000 determinations are based on various factors including but not limited to relevant work experience skills certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees and their family members achieve their physical financial emotional and social wellbeing goals. For a detailed look at CNAs benefits please visit.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.
Required Experience:
Senior IC
Employment Type
Full-Time
