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Coordinator - Ceded Reinsurance

Provide accurate tracking and reporting of ceded reinsurance liabilities and the maintenance of the file documents for the Ceded Re Department. Responsible for day-to-day department operational needs, to include: maintaining systems data, creating and maintaining premium and claim reports, provide and distribute AM Best information and process and distribute Ceded Reinsurance billings.
At Safety National, we live by the following five core values: Relationships, Integrity, Teamwork, Balance, and Stability. Our Core Values serve as the fundamental foundation of our corporate culture and drive our interactions, both internally and externally. An essential function of all Safety National positions is to fully embrace and represent these core values in our daily work life and relationships.
Prepare and submit Cravens Claims Billings, and Cravens Quarterly Annual Aggregate Deductible and Claims listing reports to Guy Carpenter.
Distribute monthly reinsurer bordereau:
Fletcher Re
  • Primary WC QS Treaty Premium
  • Auto Liability QS Treaty Claims
  • Large GC QS  Treaty Claims
  • WC QS Treaty Claims
  • Specific Excess WC Audits
  • Auto Liability XOL Audits
  • Auto Liability Guaranteed Cost QS Audits
  • Large Deductible WC Audits
  • Primary Payroll
Sompo Re
  •  Primary Facultative WC Premium
  • Excess Facultative WC Premium
  • Large Deductible WC Audits
  • Excess WC Audits
Safety National Re
  • Facultative Claims
  • Large Deductible WC Audits
  • Excess WC Audits
  • Excess Facultative WC Premium
  • Primary Facultative WC Premium
Munich Re
  • Excess Public Entity Program Claims.
Tokio Marine Kiln
  • Cyber Liability QS Program Premium and Claims
  • Update and maintain Ceded Reinsurance documents on SNAP
  • Loss Notification Contact List
  •  Sunset Barred Claims
Sunset Reporting/Barred Claims  
  • Facultative – Submit Initial Loss Notices to Reinsurance Intermediary; investigate and provide support of prior reports submitted within sunset period. Monitor monthly to ensure all applicable advice notices have been received from Claims Department.
  • Treaty – Obtain requested support (loss run page) from Claims Department and forward to Reinsurance Intermediary
  • Identify, Communicate and Maintain Sunset Barred Claims Summary.
  • Review and attach Sunset Commutation reporting documentation.
  • Create Annual Sunset Reports
Claims Reporting
  •  Prepare and submit quarterly Umbrella Loss Cessions.
  • Assist in the preparation of the quarterly Cravens Claims Listing.
Process and distribute Annual Tokio Marine reinsurance arrangement request
Process and distribute Ceded Reinsurance claim billings to intermediaries or direct reinsurers 
Assist with internal and external auditor’s requests.  
Assist with Reinsurer Underwriting and Claims review process. 
Assist with facultative Intermediary visits and outings.
Provide and Distribute AM Best information:
  • AM BestWeek.
  • Internal Reinsurer Financial information requests
  • Maintain AM Best Reinsurer Summary for Schedule F Reporting
  • Assist with JLT Re Claims Plus Contact Maintenance
  • Assist with Sompo Re Portal Contact Maintenance
  • Sompo Re Portal Documentation upload at placement
  • Sompo Re Portal entry of facultative premium audits based on Audit Bordereaux
  • Coordinate Travel arrangements
  • Prepare documentation for conferences, such as PCI and CIAB
  • Assist with updates to the Letter of Credit Summary, Imaging security documents and placing original documents in bank safe deposit box
  • Meeting room arrangements
  • Process Check Requests as needed
  • Data Stewardship backup
Freedom Application Maintenance:
  • Facultative Placement Entry backup
  • Facultative Audit Entry backup
  • Create and update Reinstatement process
  • Tables and Security changes
  • Perform testing/validation of Freedom upgrades.
  • Investigate Freedom issues, initiate tickets to Help Desk for Automate Process failures.
  • Initiate vendor tickets on Freedom systems issues and maintain internal communication.
Maintains Ceded Reinsurance files, systems and reports:
  • Update and maintain Reinsurance Master File List as needed.
  • Maintain File Storage.
Prepare and distribute Monthly, Quarterly and Annual Reports:
  • Process and Distribute Loss Notifications
  • Processing and Preparation of Reinsurance Claim Billings
  • Facultative Rate on Line Report
  • Facultative Premium Ceded Audit Report backup
  • Monthly Cession Statement backup
  • Cash Report

Provide necessary support to various departments on Ceded Reinsurance issues.
Assist on special projects or other duties as assigned by management. 
Develop and maintain positive working relationships with and appropriately represent the organization to the reinsurance partners.
Ability to communicate effectively and to think strategically. 
Bachelor Degree preferred, ARe designation a plus. 
2 or more years of reinsurance or related experience preferred. 
Strong mathematical skills. 
Must be detail oriented with high degree of accuracy, able to set priorities, work on multiple items simultaneously and set deadlines.  
Intermediate proficiency with Microsoft Office Suite, general proficiency with other business office applications.