Participation Programs Analyst I

AmTrust Financial Services, Inc.; Cleveland (OH); On-site; USD 47,000 - 72,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Flexible Spending Accounts

401k Savings Plans

Paid Time Off

Dependent Care

Job summary

AmTrust Financial Services, Inc. is seeking a professional to administer and manage reinsurance and partner structures. The role covers analyses, reporting, settlements, collateral management, and client service to ensure timely, accurate outcomes.

You will handle monthly reports, respond to client requests, and prepare information for executives and external auditors, supporting complex reinsurance programs.

Qualifications

• Experience in legal, accounting, finance, insurance or related field.
• Very proficient in Microsoft Office.
• Excellent analytical and organizational skills.
• Exceptional oral and written communication skills.
• Ability to multi-task, work under pressure efficiently, with high quality results and attention to detail.

Responsibilities

• Takes on a significant role in ensuring the success of assigned projects.
• Provides analysis, reconciliation and delivery of accurate and timely monthly reports for assigned clients, along with summaries and recommendations.
• Ensures timely settlements of assigned reinsurance/partner structure accounts.
• Proactively manages all assigned accounts – collateral, deficits, loss ratios, production levels (minimums), terminations, tiered fees, commutations, etc.
• Provides accurate and timely responses to client requests.
• Gathers and prepares information, reports and presentations for internal parties and external auditors.
• Performs other functionally related duties as assigned.

Skills

Analytical skills

Multitasking

Communication skills

Organizational skills

Tools

Microsoft Office

Job description

Overview

This position handles all activities related to the administration and management of reinsurance and partner structures. This includes performing analyses, preparing reports and providing recommendations for our programs, as well as all necessary tasks to ensure the accurate and timely completion of reinsurance reports, settlements, trust withdrawals, collateral management and customer service.

Overview

This position handles all activities related to the administration and management of reinsurance and partner structures. This includes performing analyses, preparing reports and providing recommendations for our programs, as well as all necessary tasks to ensure the accurate and timely completion of reinsurance reports, settlements, trust withdrawals, collateral management and customer service.

The Reinsurance And Partner Structures Team Oversees The Following

• Reinsurance
• DOWC/DOOC
• Profit Share
• FTP/XOL
• Captives
• Cell Structures
• AMP Portal

Responsibilities

• Takes on a significant role in ensuring the success of assigned projects.
• Provides analysis, reconciliation and delivery of accurate and timely monthly reports for assigned clients, along with summaries and recommendations.
• Ensures timely settlements of assigned reinsurance/partner structure accounts.
• Proactively manages all assigned accounts – collateral, deficits, loss ratios, production levels (minimums), terminations, tiered fees, commutations, etc. This includes timely follow ups to ensure full resolution or completion.
• Provides accurate and timely responses to client requests.
• Gathers and prepares information, reports and presentations for internal parties (Executives, Finance, Underwriting, etc.) as well as for external parties (clients, management firms, external auditors, etc.).
• Performs other functionally related duties as assigned.

Required

Qualifications

• Experience in legal, accounting, finance, insurance or related field
• Very proficient in Microsoft Office
• Excellent analytical and organizational skills
• Exceptional oral and written communication skills
• Ability to multi-task, work under pressure efficiently, with high quality results and attention to detail

The expected salary range for this role is (USD $46,600.00 - USD $72,000.00 Yr. )

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.