Treaty Administration
- ·Administer reinsurance treaties throughout the contract lifecycle.
- ·Execute treaty onboarding and implementation activities.
- ·Maintain treaty inventories, supporting documentation, and operational workflows.
- ·Interpret treaty provisions and ensure administrative processes align with contractual requirements.
- ·Coordinate treaty changes, amendments, and operational setup activities.
- ·Monitor treaty performance and identify operational risks, control gaps, and process improvement opportunities.
- ·Manage Modified Coinsurance (ModCo), funds withheld arrangements, annuity reinsurance programs, and Pension Risk Transfer (PRT) reinsurance agreements.
- ·Accounting and Settlement Operations
- ·Perform monthly, quarterly, and annual close-related reinsurance activities.
- ·Calculate, review, and process reinsurance billings and settlements.
- ·Prepare and review journal entries associated with reinsurance transactions.
- ·Manage ceded premium, claims reimbursement, reserve settlements, and other treaty-related balances.
- ·Monitor and resolve outstanding recoverables and settlement discrepancies.
- ·Coordinate with Accounting and Finance teams to ensure accurate financial reporting.
- ·Support general ledger reconciliations and account certification activities.
- ·Reconciliations and Controls
- ·Perform reconciliations between operational systems, accounting records, settlement reports, and treaty calculations.
- ·Investigate and resolve data variances and operational exceptions.
- ·Execute and document SOX control activities.
- ·Support internal control testing and remediation efforts.
- ·Maintain audit-ready documentation supporting key operational processes and financial transactions.
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- ·Reporting and Analytics
- ·Prepare recurring operational and financial reports.
- ·Support management reporting and key performance indicator development.
- ·Deliver data analytics to support decision-making and operational oversight.
- ·Provide reinsurance data and insights to Finance, Accounting, Actuarial, and Risk Management stakeholders.
- ·Leverage reporting tools and business intelligence platforms to improve transparency and operational performance.
- ·Audit, Regulatory, and Governance Support
- ·Support internal, external, and regulatory audits.
- ·Respond to audit inquiries and documentation requests.
- ·Ensure compliance with internal policies, regulatory requirements, and treaty provisions.
- ·Support statutory, GAAP, and regulatory reporting activities, as applicable.
- ·Participate in governance and data quality initiatives.
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·Stakeholder Management
- ·Serve as a key operational liaison across Finance, Accounting, Actuarial, Reinsurance Strategy, Technology teams, external reinsurers, and external auditors.
- ·Facilitate issue resolution and operational decision-making.
- ·Communicate complex reinsurance concepts to both technical and non-technical audiences.
Job description provided by MetLife.
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