Live opening · Posted 4 days ago

Program Reinsurance Contract Analyst

MS Transverse · Bergen County, NJ (Remote)
Linkedin Yes
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At a glance

The key details from the original listing.

Posted 4 days ago
CompanyMS Transverse
LocationBergen County, NJ (Remote)
Salary401(k) benefit
Work modeYes
SourceLinkedin
Listed4 days ago

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About the role

Description supplied by the original job listing.

MS Transverse Continues to Grow!
Company Overview
MS Transverse is a subsidiary of MSIG USA and part of MS&AD Insurance Group Holdings, one of the 10 largest P&C insurance companies in the world.
MS Transverse is dedicated to the global program market and partners with MGAs, program administrators, and general agents to offer a full suite of insurance services.
We believe that by aligning the interests of all parties involved in our programs – distribution partners, MS Transverse, and the reinsurance community – we can deliver outsized results to a market in need of responsible actors with experience and expertise.
Job Description
This position can be located out of the New Jersey office, New York City office, or for the right candidate this candidate can be remote.
Independently review/edit/create/interpret complex and non-standard reinsurance contracts to
accurately memorialize negotiated reinsurance placement terms, including facultative, treaty,
and retrocessional arrangements
Deep, expert-level knowledge of standard and bespoke market wordings, with the ability to
identify, resolve, and advise on complex technical and coverage issues
Act as the primary escalation point and subject matter expert between MS Transverse and
Brokers/Reinsurers for questions/inquiries associated with contract wording for programs they
are responsible for.
Draft and negotiate related contract documents, including amendments, and other supporting
agreements, often with minimal oversight
Ensure contract language complies with applicable regulatory and statutory requirements across
admitted and non-admitted lines, and advise leadership on emerging regulatory and reinsurance
wording trends and considerations
Collaborate cross-functionally with Legal, Compliance, and Product teams to support contract
development and risk management initiatives
Mentor and provide technical guidance to other ceded reinsurance team members, by
reviewing the reinsurance contracts and explaining complex reinsurance terms and conditions.
Contribute to the development of department best practices, templates, and standard contract
wording libraries
Assist in additional projects as assigned
Job Requirements/Qualifications
Education
Bachelor’s Degree (job-related majors/fields of study a plus); ARe or CPCU strongly preferred
Advanced degrees, Juris Doctor/job-related designations preferred
Experience
Fifteen + years progressive experience working on reinsurance wording in a US/London market
environment, including treaty, facultative and ILS Side Car placements
Extensive, expert-level knowledge of reinsurance placements, terms & conditions, including
statutory and reinsurance accounting implications
Technical and/or analytic experience that can be adapted to current technologies
Strong verbal and written communication skills
Analytical, decision making, problem resolution and organizational skills
Demonstrated track record leading complex, high-value contract negotiations and mentoring or
managing junior team members
Other Components
Excellent industry leading benefits package
Progressive work environment that parses both virtual and office environments
Remuneration is superior for the right person
Ability to build their own brand as they build MS Transverse’s brand
Direct interaction with, and visibility to, all the senior leadership of the firm.
Additional job description-Salary: The base range is $200-$300k. Salary determination are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
Additional Benefits
Healthcare and Retirement Benefits
Comprehensive medical, dental, and vision coverage
401(k) with a generous employer match and profit-sharing contribution
Wellness incentive program
Life and accidental death and dismemberment (AD&D) insurance
Flexible spending programs
Short-term and long-term disability plans
Additional Benefit Programs
Paid time off program
Paid charitable leave
Paid parental leave
Tuition reimbursement program
Personal insurance (auto/homeowners) discounts
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MS Transverse to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MS Transverse will provide reasonable accommodations for qualified individuals with disabilities.

Work arrangement
Yes

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