Reinsurance / Insurance Operations

MS Transverse; New Jersey; On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Annual Bonus

Job summary

A leading insurance firm is looking for a dynamic Reinsurance Operations Analyst. This entry-level position involves managing reinsurance operations, analyzing data, and collaborating with various stakeholders. Candidates require at least one year of experience and a degree in a related field, with advanced Excel skills highly desired. Join a team focused on risk management and operational efficiency within a supportive environment, offering a competitive full-time package.

Qualifications

• Minimum of one year's experience in insurance or reinsurance operations.
• Strong background in data analysis.

Responsibilities

• Manage the full cycle of reinsurance operations.
• Prepare payments for various settlements.
• Identify and implement enhancements to systems and workflows.

Skills

Data analysis

Advanced proficiency in Microsoft Excel

Strong analytical skills

Excellent communication skills

Problem-solving skills

Education

Bachelor’s degree in accounting, Finance, Business Administrations, or related quantitative field

Tools

Microsoft Excel

SQL

Job description

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This range is provided by MS Transverse. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $100,000.00/yr

Additional compensation types

Annual Bonus

Summary

MS Transverse is looking for a dynamic and engaging Reinsurance Operations Analyst who is looking for an opportunity to join an industry-leading Property and Casualty insurance carrier focused on partnering with Reinsurers, MGAs/Program Administrators, and Insurtechs.

We provide access to commercial and personal lines utilizing our admitted and non-admitted capabilities across all 50 states. You would join a deeply experienced and broadly talented legal and compliance team where your experience and drive will become instrumental in further growing our business.

The Reinsurance Operations Analyst will play a critical role in supporting the company's risk management strategy by overseeing the administration, accounting, and reporting of all ceded and assumed reinsurance activities. This position requires a high level of technical expertise, attention to detail, and collaboration with internal and external stakeholders, including brokers, reinsurers, and auditors.

Responsibilities

• Manage the full cycle of reinsurance operations, including treaty setup, premium and claims processing, and ongoing contract administration
• Collect, prepare, and analyze complex data to drive operational decisions, perform reconciliations of accounts with reinsurers and brokers, and ensure data accuracy in all systems
• Prepare payments for various settlements such as deposit premiums, quota share settlements, and adjustments
• Serve as a primary point of contact for internal departments (e.g., Actuarial, Claims, Underwriting, Finance, IT) and external partners (brokers, reinsurers) to resolve inquiries and coordinate transaction issues
• Identify and implement enhancements to systems and workflows to increase operational efficiency and accuracy. Document standard operating procedures and functional designs
• Utilize advanced Excel functions like Pivot tables, macros, VLOOKUP, SUMIF’s, and data visualization tools
• Develop and maintain excel models and spreadsheets
• Handle additional ceded accounting responsibilities as deemed priority by management

Qualifications

• Minimum of one year’s experience in insurance or reinsurance operations, with a strong background in data analysis
• A bachelor’s degree in accounting, Finance, Business Administrations, or a related quantitative field is required

Desired Skills & Experience

• Advanced proficiency in Microsoft Excel. Knowledge of linking data across multiple spreadsheets using formulas (e.g., VLOOKUP, HLOOKUP, INDEX, MATCH, SUMIFS, Pivot Tables, Macros, Dashboards, etc.) is highly desired
• Data validation and data management skills to maintain and organize data effectively and ensure accuracy and consistency between linked spreadsheets. Experience with data analysis tools like SQL is a plus
• Strong analytical, problem-solving, and critical-thinking skills are essential. Must possess excellent communication skills (verbal and written) and the ability to manage a large workload to tight deadlines

Seniority level

Entry level

Employment type

Full-time

Industries

Insurance

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