Reinsurance Specialist

Reinsurance Specialist

Americo: We’re in this for life!

The roots of the Americo family of companies date back more than 100 years. Americo is a life insurance, annuity, and Medicare Supplement Insurance company providing innovative products to our customers. At Americo, it’s the people who make things work, so we hope you join us!

What you’ll love about working at Americo:

Compensation: You’ll feel valued with our competitive pay and robust bonus program that’s offered to all associates.

Learning and development: We prepare you with a comprehensive, paid training program that will get you ready for success. Additionally, our Talent Development team creates a variety of development opportunities for associates at every stage of their careers.

Work-life balance: We place true value on work-life balance with our generous paid time off; you begin accruing hours right off the bat every month and it increases with tenure. All new hires earn over 4 weeks of paid time off annually, plus 11 paid company holidays! We also support new parents with a generous new child leave program, along with paid STD and LTD.

Health and well-being: We commit to your health and well-being and are proud to offer comprehensive health and life insurance options including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y, Orange Theory, WW, and more.

Future planning: Americo offers a 401(k) with a company match, and we provide child care and education tax credits or savings options.

Giving back: We support several local organizations like Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.

The fun stuff: Americo participates in Kansas City Corporate Challenge, and it’s a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors as a way for associates to step away from work and enjoy each other’s company.

Bustling environment: Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance to your favorite restaurants and attractions. Plus, you’ll receive complimentary paid parking near our Americo offices – downtown parking is a premium, but we’ve got you covered.

Job Summary: 

Americo is currently hiring for a Reinsurance Specialist. The Reinsurance Specialist makes sure that all policies requiring reinsurance are ceded in accordance with treaty provisions so that the Company does not retain more than the limit which it considers to be prudent for its relative financial size. The Reinsurance Specialist must account for and administer all aspects of the reinsured business.

Key Responsibilities: 

• Verify and pay reinsurance premiums on self-administered and cession business

• Maintain accurate accounting records-balancing general ledger and quarterly reporting

• Update and maintain records on reinsurance administration system

• Special projects as assigned.

• Provide information as requested from other departments

• Quarterly and annual reporting responsibilities

Knowledge, Skills, and Abilities:

• Knowledge of accounting concepts

• Experience with Financial Reporting 

• Knowledge of Microsoft Excel and Word

• Analytical skills-accounting and mathematical

• General office skills and accounting skills

• Good communication skills- oral and written

• Self-starter, independent worker yet a team player

• Quality work on a timely and consistent manner

• Organized

• Detail oriented

• Experience with reinsurance administration or life insurance administration is a plus

Education:

• 4 year degree preferred but not required