Head of Reinsurance Contract Management

Responsible for the life cycle management of assumed and ceded reinsurance contracts and other documents handled by the group.  Acts as the lead reinsurance contract representative across HSB, including executive leaders.  The position ensures the timely execution of contract terms and conditions, and their compliance with HSB and Munich Re standards regulatory requirements, and retention policies.  As lead negotiator, the position advocates for HSB’s position, provides contract interpretations, develops solutions to contract related issues, and effectively balances client requests against HSB corporate strategies.  The position is responsible for developing and maintaining a continuous improvement plan that drives efficiency and reduces contract turnaround time, and also for supporting business initiatives, such as process improvements that enhance the client experience, and new product development.

Education and Experience

• Bachelor’s degree is required
• 12+ years of experience with reinsurance contracts (e.g. underwriting, legal, accounting, etc.)
• 10+ previous experience with drafting and negotiating assumed or ceded reinsurance contracts is required
• 3+ years of management experience required
• Experience working in a team environment
• Law degree is preferred
• Advanced degree or professional designation in insurance is a plus 

Knowledge and Skills

• Leadership and managerial skills
• Knowledge of insurance and reinsurance coverages
• Negotiation skills
• Excellent communication skills (written and verbal)
• Strong interpersonal skills
• Organizational skills
• Project management skills
• Proficient PC skills (Word, Excel)
• Knowledge of HSB proprietary systems, processes and assumed business model is a plus

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.  

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.  The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.  Other duties, responsibilities and activities may change or be assigned at any time with or without notice.