Contract Administrator Jobs

About The Position

Requirements

• Bachelor’s degree in Business, a related field, or the equivalent education and/or experience.
• 2 years of relevant and progressive professional experience.
• Possess and have ability to apply knowledge of principles, practices, and procedures.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
• Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment.
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word).

Responsibilities

• Obtain reinsurance documentation in accordance with statutory timeframes.
• Compare contract clauses to Company standards and state requirements.
• Answer reinsurance contract related questions from Accounting and Claims.
• Compile written review notes for distribution to counterparty and enforces wording compliance.
• Escalate non-compliant wording to Manager and documents any exceptions to file.
• Create draft synopsis of reinsurance contract for review by manager.
• Identify risk transfer triggers to manager for possible review by Actuarial.
• Input data to various tracking databases and produces reports.
• Communicate with counterparties to ensure that reinsurer signatures are received within nine months.
• Maintain orderly and compliant contract files.
• Assist with Security Committee report.

Benefits

• Competitive salary
• comprehensive medical, vision, and dental benefit package, with eligibility beginning on your date of hire
• Strong learning culture with ongoing development opportunities
• Basic life and disability insurance
• 401(k) plan with 6% company match
• 20 days of PTO
• two floating holidays
• approximately 11 paid holidays
• volunteer time off
• Paid parental leave