Reinsurance Director is responsible for the administration of reinsurance plans. Maintains plan records and ensures compliance with federal regulations. Being a Reinsurance Director communicates with customers and assists with plan design and distribution when necessary. Ensures timely accounting, reporting and auditing. Additionally, Reinsurance Director researches and analyzes reinsurance prices and specifications. Communicates with underwriting area to verify the proper reinsurance administration is put in place. Supports the investigation of proposed reinsurance opportunities, rate comparisons, and profitability analysis. May have responsibility for reinsurance customer service. Has attained industry designations. Requires a bachelor's degree. Typically reports to top management. The Reinsurance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Reinsurance Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Job Title | Litigation and Reinsurance Attorney | |||
Location | Hybrid (Manchester, NH) or US Remote | |||
Department | Insurance Operations | FLSA Status | Exempt | |
Sub-Group | APOl Liabilities | Job Code | Click here to enter text. | |
Reports To | Director, APO Legal Services | Pay Grade | Click here to enter text. | |
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| Document Date | 5/21/2024 | |
Summary | ||||
This position reports to the Director, APO Legal Services and requires an attorney experienced in complex, high exposure litigation and with a strong background in insurance coverage, reinsurance disputes, and/or insurance defense. The position is responsible for analyzing and interpreting policies issued by dozens of Affiliates over the past eighty-plus years and providing tactical guidance to team members and external counsel. The successful candidate will be responsible for developing and executing strategy for each assigned action that often involves millions of dollars of Affiliate coverage. Litigation and Reinsurance Attorneys direct complex coverage litigation and arbitration proceedings across the United States, the UK, and Canada. Representative cases and arbitrations include ceded and assumed disputes, long-tail asbestos, talc, PFAS/PFOA, sexual abuse, opioid, pollution and other latent injury matters, and emerging mass torts. | ||||
Essential Functions | ||||
Organizational
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Required Skills | ||||
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Experience | ||||
At least five years of latent insurance coverage dispute and/or reinsurance disputes, whether as outside counsel or through employment in the insurance industry. | ||||
Required Education | Completion of law school with a Juris Doctorate; actively licensed to practice in any state or District of Columbia and in good standing. | |||
Preferred Education or Certification | •Financial training desirable •CPCU courses desirable | |||
Supervisory Role | The Litigation and Reinsurance Attorney directs the work of outside counsel (and other vendors) and also paralegals and support staff (and other internal resources) assisting on assigned matters subject to existing standards, protocols and practices. | |||
Travel | 1 – 6 times per year | |||
Work Environment / Physical Demands | This position operates in a professional, collaborative environment and must have the ability to timely produce thorough, accurate work with many competing demands, deadlines, and distractions. The position uses standard equipment such as phones, computers, copiers/printers and filing cabinets. Noise level is moderate. | |||
Core Competencies | Conflict Management: Steps up to conflicts, seeing them as opportunities; reads situations quickly, good at focused listening; can hammer out tough agreements and settle disputes equitably; can find common ground and get cooperation. Ethics and Values: Adheres to an appropriate and effective set of core values and beliefs during both good and bad times; acts in line with those values; rewards the right values and disapproves of others; practices what he/she preaches. Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything. Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers. Process Management: Good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can’t; can simplify complex processes; gets more out of fewer resources. | |||
Diversity, Equity, Inclusion & Belonging | RiverStone Resources, LLC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ , national origin, gender identity, disability, protected veteran status, or any other characteristic protected by law. | |||
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