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Title: Reinsurance Specialist/Senior Reinsurance Analyst (DOQ) Location: United States-Minnesota-Maple Grove Other Locations:
DESCRIPTION: The Reinsurance Controls department is responsible for the accurate administration of the reinsurance treaties between Hartford Life and its reinsurers, including ensuring the data integrity of policy information on the reinsurance administration system; analyzing and implementing the terms of existing treaties; and researching and resolving primarily historical issues for internal and external business partners. RESPONSIBILITIES: Successful incumbents will be responsible for providing analytical support for complex projects. Functions are highly specialized and technical in nature. Responsibilities may include but are not limited to: * Handling complex new and existing reinsurance programs. Interpreting treaties and initiating appropriate systems updates. Also includes proper accounting treatment as it relates to compliance within regulatory guidelines (i.e. Schedule S). * Accounting, reporting, and interpreting financial transactions on a periodic and ad hoc basis. * Maintaining and improving production processes through automation efforts. Activities include but are not limited to reviewing controls reports and addressing production-related issues * Leading, managing, or participating in specific projects requiring expertise by defining, analyzing, and identifying the impacts of the project on the company and external business partners. * Evaluating business requirements to determine the need for and scope of business analysis to be performed. Assess impact and make recommendations on how to best service the business segments. * Provide training and mentoring to other staff members. Directly or indirectly managing processes. QUALIFICATIONS: * Previous Individual Life Reinsurance experience required. * Proven ability to interpret and analyze treaties strongly preferred. * Proven ability to obtain and analyze data, and make appropriate, timely decisions. * Knowledge of Life and/or Underwriting operations. * 4-year degree in Business/Finance/Accounting, or equivalent work experience. * Previous experience as a team member of a cross-functional project. * Demonstrated ability to balance the need for attention to detail, while maintaining an understanding of the "big picture". * Proven ability to handle multiple priorities. * Demonstrated strong oral and written communication skills within the department, across multiple internal departments and with external business partners. * Proven ability to analyze existing procedures, recommend process improvements and implement changes. * Demonstrated ability to independently learn insurance and other complex concepts and processes quickly. * Proficient PC skills, including Microsoft Excel, Access and Word. * TAI system or other reinsurance system experience. WHY JOIN THE HARTFORD? The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide. The Hartford is consistently recognized for its superior service and as one of the world's most ethical companies. More information on the company and its financial performance is available .
With a unique focus on customers' needs, The Hartford is known as a trusted partner that enables its customers to protect what they have today, plan for what they need tomorrow and have the confidence to achieve what's ahead. The company is well positioned to move forward and have what it need to succeed: good momentum in our businesses; a strengthened capital base; an iconic brand; and a strategy to deliver shareholder value through sustainable, profitable growth.
The Hartford's biggest competitive advantage is our employees. We hire a broad range of talented teammates from diverse backgrounds and cultures. We look for teammates who share ourcore valuesand bring passion to their jobs. Our values are projected in the way we interact with customers and among our teams.
We are an innovative leader in the industry and have been recognized by: * Ethisphere Instituteas One of the "World's Most Ethical Companies" for four consecutive years, 2011 * Carbon Disclosure Projectfor The Hartford's approach to climate change disclosure for four consecutive years, 2011 * NewsweekGreen Rankings - No. 12 on the list of U.S. Companies, 2011 * AtlantaJournal-Constitutionas a Top Workplace, 2011 * IndianapolisStaras a Top Workplace, 2011 * The Hartford Courantand FOXCT as a Top Workplace, 2011 * GI Jobsas a 2011 Top 100 Military Friendly Employer * Military Times Edgeas a "Best for Vets" Employer, 2010 * Human Rights Campaignwith a perfect score on the Corporate Equality Index, 2010
WHAT IS THE COMPENSATION OPPORTUNITY? At The Hartford, our compensation philosophy is simple: we pay competitive base salaries and reward performance. In addition, you will be eligible to participate in our comprehensive benefits program including Medical, Dental, Life and Disability Insurance, a 401K Plan, an Employee Stock Purchase Plan and more.
WHAT ELSE CAN YOU TELL ME? Depending on qualifications, this position may be filled at either the Reinsurance Specialist or Senior Reinsurance Analyst level.
The Hartford is an Equal Employment Opportunity and Affirmative Action Employer.
The Hartford maintains a drug-free workplace.
Committed to Building Inclusion and Leveraging Diversity
