Reinsurance Specialist performs routine reinsurance administrative duties, such as maintaining records, processing and verifying new business. Organizes the preparation of monthly and annual reports and ensures reinsurance information has been recorded accurately. Being a Reinsurance Specialist performs reconciliation of premium billing statements and DAC tax calculations and maintenance of various reinsurance operations. Researches and resolves the more complex cases and provides guidance to others. Additionally, Reinsurance Specialist may review work performed by others and train new staff. Works towards industry designations (e.g., FLMI, ARA, ACS, etc.). Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Reinsurance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reinsurance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
POSITION OVERVIEW
NLC Mutual serves state municipal league risk pools throughout the United States with a focus on reinsurance, risk financing, and risk management needs. The Reinsurance Underwriter is responsible for underwriting a profitable book of national public entity business in 25 states through risk assessment and pricing. This includes working in close collaboration with staff members, and pro-actively building relationships with current and prospective NLC Mutual members. The ideal candidate for this roll will be an experienced underwriter of public entity business, an analytical and strategic thinker, a data-driven problem solver, a skilled presenter, team player, and proven relationship builder.
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