Treaty Developer

Reinsurance Group of America, IncorporatedRemote, Missouri, United States of America, MO
$66,740 - $94,800Remote

About The Position

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 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 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.

Requirements

  • Bachelor’s Degree in Arts/Sciences (BA/BS) Paralegal Degree or equivalent related experience in insurance, reinsurance or law related positions required
  • 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

Nice To Haves

  • Basic SQL Query Skills preferred
  • Progress toward FLMI, ARA or other relevant professional accreditation Preferred

Responsibilities

  • 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.
  • 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.
  • Following 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.

Benefits

  • annual bonus plan
  • long-term equity incentive plan
  • full range of health, retirement, and other employee benefits
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