Mortality Reinsurance Administration Manager, Ceded Reinsurance

Corebridge Financial • Houston, TX

1d • Hybrid

About The Position

This role will be involved in all aspects of reinsurance (premiums, claims, audits, reinsurers’ inquiries, etc.) and will report to the Managing Director, Ceded and Offshore Reinsurance.

Requirements

• BA degree or relevant experience.
• 10+ years of experience overall in an operational role, with life administration or reinsurance experience preferred.
• Experience in managing a team is required.
• Must possess keen analytical problem-solving skills and be able to understand the impacts of complex changes and recommend appropriate business solutions.

Nice To Haves

• Experience in various aspects of the life reinsurance process, including policy administration, addressing legal/compliance/system issues, and review of contracts, is also preferred.
• Experience with application systems preferred.

Responsibilities

• Manage reinsurance treaty administration
• Implement new treaties and amendments
• Build meaningful and productive relationships with key partners within the company (e.g. Underwriting and New Business, Claims, IT, etc.)
• Work with various partners to correctly administer reinsurance treaties – document processes and control steps
• Ensure business processes and procedures and the related internal control environment are designed to mitigate errors and re-work
• Conduct historical research for any administration issues
• Identify and manage risks as Operational Risk Coordinator
• Maintain accurate records for the significant reinsurance issues raised in the normal course of business and follow the Company Policy for reporting selected items
• Manage relationships with external reinsurance partners
• Address escalation issues related to claims, payments and treaty implementation
• Manage on-site / desk audit engagements
• Summarize and distribute external reinsurer audit results and monitor timely resolution of follow-up items
• Act as application owner for Tindall Associates Inc (TAI) reinsurance administration system. Coordinate review, testing and implementation of TAI Service Requests and manage resources to complete manual adjustments, as required.
• Organize resources to ensure highest priority projects are completed timely and thoroughly.

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees