Description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Job Profile Summary

The Facultative Reinsurance Analyst position is part of our Corporate Reinsurance organization, CNA's reinsurance operations group, specifically situated within the Facultative Premium and Claims Team.

The ideal candidate will perform a variety of tasks including premium reconciliation, claims and data reporting and mailbox distribution. They will exhibit prior experience with data management, financial reconciliations, insurance/reinsurance, and/or claims management. The individual will have the opportunity to collaborate with both external markets and internal business units such as Claims, Underwriting, and Business Solutions.

JOB DESCRIPTION:

Essential Duties & Responsibilities

• Monitor exclusionary and additional reinsurance language on certificates.
• Ensure contracts are approved daily according to department guidelines.
• Monitor outstanding premium exceeding department guidelines to ensure the aging premium is reconciled.
• Address new unacknowledged endorsements on a weekly basis.
• Actively work with Underwriters to reduce the number of days between reinsurance effective date and binding date.
• Review embedded language within Reinsurance submissions.
• Work with Specific markets or brokers to educate them on CNA's approved wording.
• Makes recommendations for process improvements considering all aspects of the job along with internal guidelines, compliance and industry standards.
• Provides guidance and assistance to less experienced reinsurance staff and other functional areas.
• Analyzes data, prepares and presents reports to management with recommendations.

May perform additional duties as assigned.

Reporting Relationship

Manager or above

Skills, Knowledge & Abilities

• Knowledge of reinsurance principles, practices and procedures, products and services.
• Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
• Strong analytical and problem-solving skills.
• Ability to deal with ambiguous situations and issues.
• Ability to exercise independent judgement and effectively resolve reinsurance issues.
• Strong knowledge of Microsoft Office Suite and other business-related software.

Education & Experience

• Bachelor's degree in finance, accounting , economics, or related disciplines.
• Typically a minimum of three to five years related insurance/reinsurance industry experience with a financial background.
• Applicable professional designations, or related coursework preferred.

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I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com .

Requisition #: R-7256

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