Sr. Reinsurance Operations Specialist

Arch Capital Group Ltd. Home Base , NJ 07458

Posted 4 weeks ago

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Responsibilities

  • Responsible ensuring reinsurance agreements internal and external requirements are met for the following work streams:

  • Treaty Set up/Profiling

  • Facultative Set up/Profiling

  • Captive Set up/Profiling

  • Reinsurance identification/calculation

  • Financial Data Processing/Reconciliation

  • Reinsurance reporting & record keeping

  • Other work streams as needed

  • Delivers in accordance with Standard Work and Service Level agreements

  • Effectively communicates and collaborates across the organization as needed

  • Effectively handles escalated issues and resolves problems

  • Escalates IT related issues impacting workflow and production

  • Provides training, technical expertise to less experienced staff, as needed

  • Implements assigned projects as needed

  • Other duties as needed

Key Competencies

  • Reinsurance technical knowledge

  • Collaborative and team-oriented

  • Analytical with ability to problem solve

  • Self-directed showing personal accountability and sense of urgency

  • Strong customer service orientation with an ability to operationalize customer needs

  • Self-motivated, proactive, and able to manage competing demands

  • Mid

  • Advance working knowledge of reinsurance operations (QS/XOL, Treaty/Fac)
  • Proficient in Microsoft Office Suite, SmartSheets, ImageRight, PowerBI. Other insurance platforms a plus (Policy Decisions, PolicyWriter, etc.)

Education and Experience

  • College degree
  • BA or BS preferred
  • 3-5 years relevant (re)insurance experience

  • Reinsurance Operations Experience

  • ARe, AINS, CPCU or similar designation is a plus

#LI-AM3

#LI-REMOTE

#LI-HYBRID

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.

$70,000 - $82,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above range may be modified in the future

  • Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.


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