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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st Shift (Canada)
Please review the following job description:
RMA was founded in 1996. Its head office is in the financial district of Toronto, Canada with market representation in the United States. RMA is a member company of Starwind Specialty, a division of Truist Insurance Holdings.
RMA is a licensed Life and Health Agency with Property and Casualty Broker licenses throughout Canada. Its primary focus is to provide flexible and innovative ideas, technical expertise and customized solutions to leading insurance and reinsurance companies both in Canada and USA. Our team consists of actuaries, underwriters, claims and treaty professionals as well as reinsurance administrative specialists.
RMA offers worksite flexibility and teammates may elect to work hybrid or permanently from home. Teammates will be required to attend the Company offices for regular collaboration days and other department, or Company meetings as required. The Company’s standard work week is 35 hours.
Overview
The position reports to the Associate Director Treaties, Life Reinsurance with a primary focus on the analysis and administration of life reinsurance contracts.
As RMA is a small dynamic company, you will be expected to be flexible in your role, however, the position’s primary responsibilities are:
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Review draft treaties, or other types of contracts, and amendments, for individual, group, and other lines of reinsurance business ensuring all terms are as negotiated and agreed upon by all parties involved.
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Document treaty and amendment review discussion points and decisions made.
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Communicate with internal partners and reinsurance partners and clients on treaty terms and reviews and on other related matters.
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Coordinate/participate in conference calls, with internal and external pricing actuaries and/or legal counsel.
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Coordinate the exchange of information among insurance companies and reinsurance partners to ensure the required Letters of Credit and other collaterals are in place.
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Maintain accurate information and treaty data in supporting systems and prepare client treaty reporting.
Qualifications
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Completion of university degree. Relevant work experience in the life insurance/reinsurance industry would be an asset.
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Knowledge of insurance and reinsurance principles, practices, and trends pertaining to reinsurance contracts would be an asset.
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Strong detail orientation while having the ability to keep in sight the broader implications of the task at hand.
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Ability to focus and manage multiple tasks with multiple stakeholders.
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Strong organizational, analytical, and problem-solving skills.
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Strong oral and written communication skills.
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Ability to work with a high degree of autonomy and within a team.
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Strong interpersonal skills.
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Willingness to take industry-related courses.
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Excellent working knowledge of Microsoft Office – Word, Outlook, Excel and Teams. Knowledge of Access would be an asset.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/) . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) Pay Transparency Nondiscrimination Provision E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)
CRC Group is one of the largest wholesale and specialty insurance product distributors in the United States, providing data-driven insurance solutions for property and casualty, executive and professional, group and individual, and other specialty insurance programs. Learn more at www.crcgroup.com .
