What are the responsibilities and job description for the Treaty Developer position at RGA Reinsurance Company?

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 Treaty Developer develop, 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.
Follows 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 would be considered.

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.

Compensation Range :

63,400.00 - $90,050.00 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 : $63,400 - $90,050

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