Reinsurance Director is responsible for the administration of reinsurance plans. Maintains plan records and ensures compliance with federal regulations. Being a Reinsurance Director communicates with customers and assists with plan design and distribution when necessary. Ensures timely accounting, reporting and auditing. Additionally, Reinsurance Director researches and analyzes reinsurance prices and specifications. Communicates with underwriting area to verify the proper reinsurance administration is put in place. Supports the investigation of proposed reinsurance opportunities, rate comparisons, and profitability analysis. May have responsibility for reinsurance customer service. Has attained industry designations. Requires a bachelor's degree. Typically reports to top management. The Reinsurance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Reinsurance Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
At AAA Life, we share a passion for providing protection and financial comfort for millions nationwide! Our enthusiasm is matched by our dedication to the welfare of both our members and our associates
We are committed to realizing our vision with a positive outlook and adaptability, upholding integrity, and responsibility in every task we undertake. Our culture is one of inclusivity, encouraging ongoing education to champion innovation and sustain a diverse and harmonious environment.
The Reinsurance Recovery Associate is responsible for the day-to-day activities of recovering outstanding reinsurance recoverables of assigned claims. This entails but is not limited to accurately and timely submissions of request for reimbursement (RFR), responding to requests for information (RFI) from reinsurers and maintaining appropriate documentation to assist in collection efforts of assigned claims. The ability to communicate effectively to reinsurer, co-workers, other departments and immediate manager is expected. Assignments are of various complexity and are performed under general supervision, following a standard prescribed process.
We offer exceptional benefits and competitive compensation as you join a dynamic work environment that will allow you to explore curiosity and develop ways to enhance business processes. For your well-being, we are constantly crafting and offering opportunities for all associates to enjoy!
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