Senior Reinsurance Analyst

CNA Financial Corp. Chicago , IL 60602

Posted 3 weeks ago

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA's benefits, check out our Candidate Guide.

The Senior Reinsurance Analyst full-time position is part of the Corporate Reinsurance department, leading CNA's reinsurance placements, payments and collections, and risk mitigation strategies through meaningful internal and external communication.

The Reinsurance Services Team supports most aspects of the reinsurance life cycle. The team is viewed as departmental consultants, performing various responsibilities in a collaborative environment to support and improve areas of risk management, contract placements, administration, and underwriting.

Due to the diverse nature of work, this role offers ample growth both personally and professionally. The individual will have the opportunity to utilize new technologies to continually enhance and improve processes, learn both basic and advanced insurance/reinsurance knowledge, and work on a highly visible team with key leaders across the organization. A successful candidate will have an accounting, finance, or data analytic background.

JOB DESCRIPTION:

Essential Duties & Responsibilities

  • Implements technology driven solutions focused on automation and reducing risk exposure across processes.

  • Supports contract administration by developing and maintaining contract reconciliations, bordereau preparation, and miscellaneous reporting.

  • Creates P&L Statements for Chief Risk Officer.

  • Pursues recovery of balances on reinsurance accounts by working with brokers, reinsureds, and reinsurers. Liaison with the collections unit to identify and resolve complex settlement issues.

  • Coordinates with business units and corporate finance areas in the preparation of statutory schedules such as Schedule F and ensures compliance with SOX requirements.

  • Participates in special projects and multi-departmental teams.

May perform additional duties as assigned.

Reporting Relationship

Reports directly to Manager

Skills, Knowledge & Abilities

  • Strong analytical skills and attention to detail.

  • Confident communicator and interpersonal skills to work effectively with internal and external clients at all levels.

  • Sound decision-making and problem-solving skills.

  • Ability to negotiate and influence business partners.

  • Knowledge of Microsoft Office Suite and other business related software.

Education & Experience

  • Bachelor's degree in finance or accounting, or related disciplines.

  • Typically a minimum of four years of work experience, accounting or financial emphasis is a plus.

  • Related insurance/reinsurance industry experience is a plus.

#LI-MR1

#LI-Hybrid

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.


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Senior Reinsurance Analyst

CNA Financial Corp.