What are the responsibilities and job description for the Contract Analyst position at Reinsurance Group of America, Incorporated?
You desire impactful work.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
The (Contract)Treaty Development Analyst develops, designs and produces reinsurance treaties (contracts) of routine to medium complexity directly related to management policies and general business operations. Ensures the treaties accurately reflect the reinsurance agreement reached between RGA Re and its clients. Ensures the accuracy and integrity of Raptor treaty record set up. Assists department associates with research and developing amendments in Raptor. Assists with special projects, as required.
What You Will Do
$55,850.00 - $79,800.00 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.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
You’re RGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
The (Contract)Treaty Development Analyst develops, designs and produces reinsurance treaties (contracts) of routine to medium complexity directly related to management policies and general business operations. Ensures the treaties accurately reflect the reinsurance agreement reached between RGA Re and its clients. Ensures the accuracy and integrity of Raptor treaty record set up. Assists department associates with research and developing amendments in Raptor. Assists with special projects, as required.
What You Will Do
- Researches, designs and creates routine to medium complexity treaties. Ensures the documents accurately reflect the agreement reached between Group Re and its clients. Escalates language outside guideline parameters for assessment and assists with obtaining approvals when needed.
- Ensures treaties comply with state and federal insurance regulations and corporate contract standards. Identifies differences and escalates for review.
- Maintains relationships with clients and other Group Re associates to facilitate effective resolution of treaty issues. Under supervision, advises clients of recommended revisions to the treaty document(s) and monitors status of documents to ensure they are properly executed.
- Works collaboratively with internal associates in various departments and with clients to deliver timely service and to set reasonable expectations related to the completion of treaties.
- Develops and updates template treaty documents and produces reports that monitor, among other things, timeliness of execution.
- Assists department associates with research, setting up and developing amendments, as necessary.
- Maintains regular and predictable attendance.
- Performs other duties as assigned.
- Bachelor’s Degree in Arts/Sciences (BA/BS) , paralegal degree or equivalent related experience in insurance, reinsurance or law related positions. required
- 2 Years of life insurance or reinsurance experience required or
- 2 Years of document drafting experience. required
- Intermediate Microsoft Word skills; Basic Microsoft Excel skills and Microsoft Outlook skills required
- Ability to read and interpret routine to medium complexity treaty language, and to apply it appropriately required
- Advanced written and oral communication skills; Ability to share and impart knowledge through training or discussions required
- Must be flexible and adaptive to change required
- Takes initiative and is accountable required
- Demonstrate change initiation skills required
- Advanced analytical and problem-solving skills; Must possess investigative skills required
- Value judgment abilities required
- Ability to balance detail with departmental goals/objectives; Ability to multi-task required
- Ability to work independently required
- Ability to work well within a team environment and participate in department projects required
- Excellent Microsoft Word skills preferred
- 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.
$55,850.00 - $79,800.00 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.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
Salary : $55,850 - $79,800
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