Reinsurance & Profit-Share Specialist

Reinsurance Associate Inc.; Missouri; On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Competitive salary

Annual performance evaluation

Bright, modern work spaces

9 paid holidays

Paid vacation days

401K with company match

Health insurance

AD&D

Life insurance

Long-term disability

Dental and vision (voluntary)

Short-term disability

Job summary

Wise F&I is seeking a Reinsurance Specialist to support the Director of Profit Participation Programs in expanding Wise F&I's portfolio of reinsurance and profit-sharing programs.

This role offers exposure to insurance, finance, accounting, and client relationship management, working with meaningful data and collaborating with internal and external stakeholders to deliver financial insights and program support to dealer and lender partners.

Qualifications

• Bachelor's degree in Accounting, Finance or related major.
• Willingness to ask questions and learn.
• Proven analytical and critical thinking skills.
• Aptitude for training and teaching.

Responsibilities

• Support implementation of new treaties and program structures for reinsurance programs.
• Coordinate with trustees, investment advisors and vendors.
• Manage issuance and storage of monthly reinsurance records and trust statements.
• Monitor trust balances, surpluses, and funding per reinsurance agreements.
• Reconcile statements to ensure accuracy and compliance.
• Prepare surplus calculations for client reinsurance companies.
• Manage onboarding of new reinsurance companies.
• Review quarterly profit share statements and address issues with dealers.
• Onboard dealers to profit share programs and manage payments.
• Maintain database of reinsurance partners and contacts.
• Participate in calls/meetings with underwriters and trustees.

Skills

Willingness to learn

Analytical thinking

Aptitude for training

Education

Bachelor's Degree in Accounting/Finance

Job description

Wise F&I is seeking a Reinsurance Specialist to support the Director of Profit Participation Programs in expanding Wise F&I's portfolio of reinsurance and profit-sharing programs.

This role offers exposure to insurance, finance, accounting, and client relationship management, working with meaningful data and collaborating with internal and external stakeholders to deliver financial insights and program support to dealer and lender partners.