Reinsurance Contract Analyst

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Since 2000, Crum & Forster's Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.

In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.

The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.

Job Description

Information about the Role, Line of Business and Team:

The A&H Legal Department is responsible for the various legal functions of Crum & Forster's Accident & Health division, including contract development and tracking, litigation management, and any other miscellaneous legal support to the various disciplines.

This position will support the AVP, Reinsurance & Contracts Management, for all A&H Business Units in performing Reinsurance contract development, negotiation and implementation, and reporting duties. This position will also assist the AVP and Sr. Analyst in the review of the current Contract Management System workflow process, to enhance the functionality of the tool for all users. They will work with the AVP and other Legal team members as a liaison in this process to the Systems Strategy & Innovation team. In addition, this position will work with the AVP on special projects related to Program onboarding and implementation.

What you will do:

Manage or coordinate with the AVP on various aspects of assigned Reinsurance Contracts through the Contract Management System, coordinate enhancements to the Contract Management System and integration with Underwriting and Accounting Systems:

• Accept and Convert assigned Reinsurance Contract requests from Underwriters and work with the AVP to review for accuracy
• Be a back-up to the Specialty Business Unit (SBU) and Medical Business Unit (MBU) Contract Coordinators for accepting other requests for Contract Types, as needed
• Independently Draft or review external Reinsurance Treaties and other various Program-related agreements as assigned, based on pre-defined templates and protocols
• Negotiate or coordinate negotiation of assigned Reinsurance Contract wording around business terms with internal/external partners, and coordinate discussions with related parties to drive the agreement delivery process, bringing in AVP when necessary or for certain defined Reinsurance risk categories
• Coordinate follow-up tasks to various Legal and Business Unit team members for assigned Reinsurance Contracting and other assigned Agreements based upon pre-defined protocols
• Coordinate divisional pipeline approval workflows through the Contract System for assigned Reinsurance and other program agreements
• Manage internal or intermediary DocuSign electronic signature set-up for assigned Reinsurance Contracts and as back up for other Agreement types
• Partner with the Legal Team, Business Units and the A&H Strategy and Innovation team on changes or enhancements to Contract Management Systems for integration of Program Contracting with Underwriting and Finance systems
• Assist in identifying opportunities to enhance and refine the Contract Management Systems for Reinsurance, by utilizing rules-based protocols to manage upcoming renewals and PNOCs
• Partner with Legal team members using Contract Management Systems, to run scheduled A&H Divisional and Business Unit monthly pending and executed contract status reports
• Utilize MS Excel as a supplement to Contract System reporting and metric dashboards, or automated formatting systems to: 1.) assist in the evaluation of the contract management process; and 2.) assist in identifying and addressing inconsistencies and/or errors of data
• Work with the Sr. Analyst and AVP to develop updated training/user manuals to ensure all users of Contract Systems follow consistent protocols for Reinsurance requests; assist in developing training and regular communications
• Work with the Sr. Analyst to ensure consistent application of contract hierarchy protocols to properly associate parent - child contract relationships by pre-defined contract types and sub-types
• Partner with Legal team members and the A&H Strategy & Innovation team to develop rules-based dynamic protocols, and to update converted contracts on bulk basis without the need to update each contract on an individual basis
• Assist Business and Shared Service Operational Units within A&H on Reinsurance contract implementation, renewal, and the termination process
• Provide reporting for Reinsurance Contract audits based on specifications developed by the Sr. Analyst
• Other duties as assigned

What YOU will bring to C&F:

• Strong oral and written communication skills
• High level of follow-through and dedication to detail and timely delivery
• Strong organizational skills
• Ability to work independently with moderate supervision
• A high degree of initiative in managing multiple priorities in a fast-paced and detail-oriented environment
• Strong attention to detail in identifying inconsistencies within large data populations

Requirements:

• BA/BS degree or Insurance Industry designation preferred (ARe, ARA, AHIP-HCSA, ACI, ASHRM, CRM, ARM, CPCU, CLU, etc.)
• 5+ years in either the Reinsurance field and/or the insurance industry, or relevant experience
• Understanding of Program Contractual Agreement types and uses
• Understanding of Reinsurance terminology
• Experience in developing automated workflows, based upon rules-based technology protocols
• Ability to utilize advanced features of Microsoft Office (Word, Excel, Outlook, PowerPoint) and database and presentation software
• Experience with databases such as Contract Logix, Concur and eRequesteor a plus

What C&F will bring to you

• Competitive compensation package
• Generous 401K employer match
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness including your physical, mental and financial wellbeing
• A core C&F tenant is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training to keep you progressing on your chosen path
• A dynamic, ambitious, fun and exciting work environment
• We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving program that lets you participate and support your community

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $82,900 to a maximum of $121,600. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

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