Reinsurance Analyst II Transactional Services

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Job description

Guy Carpenter is the world's premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world.We are seeking a Reinsurance Analyst II Transactional Services in our Hoboken NJ office.What can you expect?Client Support Services (CSS) is comprised of global service teams who are assigned to specific client (customer) accounts to handle contracts, claims and accounting. The Reinsurance Accounting Technician is responsible for technical processing of premium for specifically assigned client accounts ensuring strict compliance with Guy Carpenter's operational guidelines.What is in it for you?Being part of the Marsh & McLennan businesses; a premier global brand with the financial power to matchCulture where continuous personal development brings opportunity for professional growth and mobility Competitive pay, full benefits package starting day one (medical, dental, vision, STD/LTD, life insurance, generous 401k match AND automatic contributionGenerous paid time off for vacation, sick, company holidays and time to give back to your communityEmployee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizationsWorking with the most innovative and respected reinsurance colleagues in the industryWe will count on you to:Management of assigned client portfolio. Duties to support client base will include follow up and securing of reinsurance premiums timely/accurate system entry of all assigned client activity.Work with other areas to support collection and cash application initiatives as required.Manage settlement of funds to and from Client in a timely manner ensuring all applicable payment warranties and/or conditions are met.Ensure assigned tasks are completed accurately and in accordance with Service Level Attributes (SLAs).Provide detailed information on client specific accounting/claims activities to support client sales opportunities.Promote, build and maintain relationships with Brokers, Clients and Markets. Understand their issues and working practices in order to effectively resolve problems and/or queries.Participate and support manager in team meetings and activities to share opinions, ideas, knowledge and solutions; maintaining strong working relationships and actively contributing to deliver outcomes.Seek opportunities to increase own understanding and improve the services provided.Collaborate with peers on complex or contentious reinsurance developments.Support, assist and provide guidance to less experienced Colleagues as needed.Perform other job related duties as assigned.Collaborates with peers on basic reinsurance developments, to support discussion and the development of a point of view.Participates in training sessions, and provides input within the team and/or department for all aspects of reinsurance service processing to assist with trouble shooting and to help develop team resources.What you need to have:4 Year College Degree (B.S. or B.A) and/or 2-5 years of equivalent professional work experience in insurance, reinsurance or risk managementProficiency in Microsoft Office Applications (Word, Excel, and PowerPoint) required.Demonstrated ability to work as part of a high performance team. Attention to detail in completing assigned tasks.Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.Successful management of workload; able to manage expectations of all Clients and Stakeholders.Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the Guy Carpenter brand.Able to challenge appropriately, supporting business cases with facts and information.Strong ability to quickly assess and offer effective solutions to problems efficiently.Ability to make sound judgements independently while knowing when to bring situations to the attention of Management.Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner.Consistently provide guidance by mentoring and/or training colleagues.Consistently deliver superior Client service.What makes you stand out:Bachelor's Degree in Accounting or Finance5 + years ofreinsurance/insurance,accounting/claims or professional experience.Strong knowledge of reinsurance concepts and principles, laws and regulatory requirements (i.e., FATCA, etc.) and general business trends.Strong track record of successful Client account management, relationship management, engagement and development.Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and GC colleagues at all levels.Previous knowledge of reinsurance and/or insurance concepts preferred.Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls and general business trends.Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow Guy Carpenter on LinkedIn and & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.