Reinsurance Specialist II

Job Title: Reinsurance Specialist II

This position is eligible for a hybrid work schedule

WoodmenLife is looking to hire a Reinsurance Specialist II to join our team!
 
This position contributes to the effective administration of WoodmenLife’s reinsurance program using the TAI Reinsurance System and WoodmenLife’s admin systems.  Supports the compilation and analysis of data to be used in the reporting and analyzing of WoodmenLife’s reinsurance program.  Provides other financial reporting assistance as requested.

WoodmenLife is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, WoodmenLife has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.

As a member of the WoodmenLife family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more. Apply today to learn more!

We are looking for someone to:   

Reinsurance Administration

• Responsible for maintaining and coding reinsurance records, preparing and submitting data to reinsurers, processing monthly reinsurance premiums, and reviewing reinsurance reports and data to ensure accurate coding, treaty assignment, and automated processing, escalating discrepancies to management for resolution.

·      Supports timely and accurate preparation of automatic submission of premium payments and reporting to our reinsurers.

·      Reviews and implements reinsurance treaties.

• Supports the effective administration of the facultative reinsurance function.
• Administers the Reinsurance Claim Function for the Organization.
• Provides Reinsurance Data for the Organization’s Financial Statements.
• Analyzes and monitors the waiver risk reinsured on the Organization's certificates.

Other Expectations:

·      Meets expectations for attendance and punctuality in accordance with the expectations established by your supervisor and WoodmenLife policy.

• Provides other financial reporting assistance as requested.

·      Performs other duties as assigned by management.

• Ability to work overtime as assigned by management.

We need someone who has:

• 5+ years of insurance related experience.

• Knowledge of the requirements and rules associated with reinsurance administration and the calculation of reinsurance net amounts at risk and reinsurance premiums on a variety of reinsured types (MRT and COINS) and plans.

• Knowledge of the Organization's products and how to interpret these contracts.
• Knowledge of WoodmenLife's Administration systems.

• Demonstrated experience in Microsoft Office Suite (Word, Excel, Access).  Prefer experience in Adobe Acrobat and with MS Word and Excel.

• Superior problem solving skills and analytical skills.
• Strong aptitude for attention to detail.
• Excellent time management skills required to handle multiple projects.
• Ability to meet multiple deadlines.
• Strong verbal and written communication skills.
• Ability to provide seamless, trustworthy, attentive and resourceful (S.T.A.R.) customer service.
• Engages well with others and are passionate about providing an exemplary customer experience.

Desired Qualifications

• Prior experience with TAI reinsurance systems. 
• FLMI designation, or active pursuit of it.

If you're ready to make an impact in your community, we’d love to hear from you. Apply today!

WoodmenLife will not sponsor applicants for work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

Please ensure your resume includes your current contact information, including:

• Full name
• Phone number
• Email address
• Current city and state of residence

As part of WoodmenLife’s employment process, candidates will be required to complete a criminal background check, credit check (when required for position), fingerprint check (when required for position), drug screen and reference checks. Any offer of employment will be contingent upon successfully passing the above.

WoodmenLife is welcoming to all regardless of background and beliefs. WoodmenLife respects every associate’s unique perspective and contribution. We are committed to creating an environment that values differences, and creates opportunities for growth, leadership and service. This commitment includes providing equal opportunity in recruitment, employment and promotion, training and community outreach. WoodmenLife is also dedicated to strengthening the communities in which its employees live.

APPLICANTS WITH DISABILITIES SHOULD ADVISE THE HUMAN RESOURCES DEPARTMENT AT THE TIME OF APPLICATION IF SPECIAL ACCOMMODATIONS ARE NEEDED.

Woodmen of the World Life Insurance Society (WoodmenLife) is an equal opportunity employer.