Associate Director, Retrocession

The Associate Director, Retrocession manages a team of associates performing retrocession policy administration and consolidation tasks. Serves as a business lead on Operations initiatives. Maintains sufficient controls to ensure timeliness and accuracy of policy information and premium payments to retrocessionaires. Contributes to the financial soundness by overseeing that all assumed risks which exceed the company’s retention limits are properly retroceded according to the treaty provisions. Performs managerial duties, and develops and mentors associates. Responsible for specific systems used for retrocession administration, billing, and data analysis including managing ongoing maintenance, system enhancements and vendor relationships.

• Directs the activities of the retrocession administration department to assure timely and accurate retention management, including retro policy administration, premium payments, treaty compliance and financial reporting.
• Serves as a business lead on Operations initiatives.
• Ensures the effectiveness of Retrocession Administration by producing exception reports and monitoring the quality and quantity of information received from the assumed client company and the information sent out to the
• Works with all departments in the Shared Services organization and the US Operations division as well as other departments to identify and resolve problems/issues. Develops relationships with retrocessionaires and seeks resolutions to limit exposure per insured and ensure compliance with retro
• Leads and manages the activities of department management in all aspects of supervisory duties, including, but not limited to hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work Mentors associates and gives guidance on associate development.
• Serve as system owner for specific systems used for retrocession administration, billing, and data analysis including managing ongoing maintenance, system enhancements and vendor relationship.
• Manages department within budget guidelines.
• Manages completion of special projects as they arise and performs other duties as assigned.

Education and Experience

Required:

• Bachelor’s degree or equivalent related work experience 8 years’ experience in insurance/reinsurance related experience and 5 years’ management/supervisory experience

Preferred:

• FLMI, ARA or other relevant professional designation Reinsurance Industry Knowledge

Skills and Abilities

Required

• Intermediate Microsoft Word skills
• Intermediate Microsoft Excel skills
• Basic Microsoft Outlook skills
• Advanced SQL skills
• Advanced ability to comprehend and interpret insurance and contract
• Advanced written and oral communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including customers and
• Advanced persuasion skills when working with external customers to resolve issues/problems.
• Advanced ability to investigate, analyze and solve complex problems/issues
• Advanced analytical and problem-solving skills
• Ability to multi-task and meet tight deadlines
• Advanced people management skills, demonstrating an ability to lead, mentor and develop associates. Ability to manage associates who are difficult or resistant to
• Advanced skills in implementing change, ensuring understanding, participation and ownership.
• Advanced skills in translating business needs and problems into viable and accepted
• Advanced skills in managing multiple projects and/or sub-teams simultaneously, including the ability to delegate key areas of
• Advanced ability to work within and manage a
• Advanced ability to foster a teamwork and customer service focused
• Ability to analyze and improve business
• Ability to quickly learn and understand the business of RGA
• Competent knowledge of accounting/finance.

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.

RGA offers an array of benefits including flexible plans for medical, dental and vision coverage; 401(k) plan with generous employer match; Life and Accidental Death and Dismemberment Insurance; Short-term and Long-term Disability coverage; Employee Assistance Program; Paid Time Off; and other benefits designed to provide the flexibility to choose a plan that meets your needs. Pay is based on a number of factors including market data, a candidate's skills and experience commensurate with a role, etc. Colorado residents' salary range: $ 80,380- $121,345 bonus.