Reinsurance Contract Administrator

Location: Houston, TX (Hybrid 4:1)

Reports To: Senior Vice President and Chief Reinsurance Officer

Employment Type: Full time

About Us

Help us insure it. Tokio Marine HCC is a leading global specialty insurance group, backed by the strength and stability of the Tokio Marine Group. With more than 50 years of sustained growth and profitability, and offices across the United States, the United Kingdom, Europe, and other international locations, we offer more than 100 classes of specialty insurance—covering everything from the crops that feed us and the concerts that entertain us to rescuing travelers abroad.

Guided by our Mind Over Risk philosophy, we empower clients to pursue opportunities with confidence while fostering a culture rooted in innovation, collaboration, and trust. Always Advancing, we embrace an entrepreneurial spirit; as Experts in Tomorrow, we anticipate what’s next; and by Reaching Out, we build genuine connections that enable our people and our business to thrive.
 

Role Overview

Reviews and drafts reinsurance contracts in accordance with regulatory and company requirements. Provides advice and counsel to internal customers concerning all aspects of the Reinsurance function.

Key Responsibilities

• Obtain reinsurance documentation in accordance with statutory timeframes.
• Compare contract clauses to Company standards and state requirements.
• Answer reinsurance contract related questions from Accounting and Claims.
• Compile written review notes for distribution to counterparty and enforces wording compliance.
• Escalate non-compliant wording to Manager and documents any exceptions to file.
• Create draft synopsis of reinsurance contract for review by manager.
• Identify risk transfer triggers to manager for possible review by Actuarial.
• Input data to various tracking databases and produces reports.
• Communicate with counterparties to ensure that reinsurer signatures are received within nine months.
• Maintain orderly and compliant contract files.
• Assist with Security Committee report.

What You Bring

• Bachelor’s degree in Business, a related field, or the equivalent education and/or experience.
• 2 years of relevant and progressive professional experience.
• Possess and have ability to apply knowledge of principles, practices, and procedures.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
• Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment.
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word).

Travel

Occasional travel (up to 10% of time).

What We Offer

• Competitive salary and comprehensive medical, vision, and dental benefit package, with eligibility beginning on your date of hire
• Strong learning culture with ongoing development opportunities
• Basic life and disability insurance
• 401(k) plan with 6% company match
• 20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
• Paid parental leave
• An opportunity to do meaningful work and love what you do

Equal Opportunity Employer

TMHCC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity, genetic information, marital status, medical condition, national origin, physical or mental disability, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations, and ordinances.

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