Corebridge Financial
Mortality Reinsurance Administration Lead, Ceded Reinsurance
Corebridge Financial, Houston, Texas, United States, 77001
Mortality Reinsurance Administration Lead
At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. This role will be involved in all aspects of reinsurance (premiums, claims, audits, reinsurers' inquiries, etc.) and will report to the Managing Director, Ceded Reinsurance. Manage reinsurance treaty administration Implement new treaties and amendments Build meaningful and productive relationships with key partners within the company (e.g. Underwriting and New Business, Claims, IT, etc.) and work with these groups to correctly administer reinsurance treaties Ensure business processes and procedures and the related internal control environment are designed to mitigate errors and re-work Conduct historical research for any administration issues Identify and manage risks as Operational Risk Coordinator Maintain accurate records for the significant reinsurance issues raised in the normal course of business and follow the Company Policy for reporting selected items such as excess retention to the Board Manage relationships with external reinsurance partners Address escalation issues related to claims, payments and treaty implementation Manage on-site/desk audit engagements Summarize and distribute external reinsurer audit results and monitor timely resolution of follow-up items Act as application owner for Tindall Associates Inc (TAI) reinsurance administration system. Coordinate review, testing and implementation of TAI Service Requests and manage resources to complete manual adjustments, as required Organize resources to ensure highest priority projects are completed timely and thoroughly. Skills and Qualifications BA degree or relevant experience. 10+ years of experience overall in an operational role, with reinsurance experience preferred. Significant experience with life administration systems is preferred. Experience in managing a team is required. Experience in various aspects of the life reinsurance process, including policy administration, addressing legal/compliance/system issues, and review of contracts, is also preferred. Experience with application systems such as TAI preferred. Must possess keen analytical problem-solving skills and be able to understand the impacts of complex changes, and recommend appropriate business solutions. This position is based in Corebridge Financial's Houston, TX office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. Minimal travel Why Corebridge? At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive. Benefit Offerings Include: Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being. Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately. Employee Assistance Program: Confidential counseling services and resources are available to all employees. Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000. Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work. Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it. Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy. Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. This role will be involved in all aspects of reinsurance (premiums, claims, audits, reinsurers' inquiries, etc.) and will report to the Managing Director, Ceded Reinsurance. Manage reinsurance treaty administration Implement new treaties and amendments Build meaningful and productive relationships with key partners within the company (e.g. Underwriting and New Business, Claims, IT, etc.) and work with these groups to correctly administer reinsurance treaties Ensure business processes and procedures and the related internal control environment are designed to mitigate errors and re-work Conduct historical research for any administration issues Identify and manage risks as Operational Risk Coordinator Maintain accurate records for the significant reinsurance issues raised in the normal course of business and follow the Company Policy for reporting selected items such as excess retention to the Board Manage relationships with external reinsurance partners Address escalation issues related to claims, payments and treaty implementation Manage on-site/desk audit engagements Summarize and distribute external reinsurer audit results and monitor timely resolution of follow-up items Act as application owner for Tindall Associates Inc (TAI) reinsurance administration system. Coordinate review, testing and implementation of TAI Service Requests and manage resources to complete manual adjustments, as required Organize resources to ensure highest priority projects are completed timely and thoroughly. Skills and Qualifications BA degree or relevant experience. 10+ years of experience overall in an operational role, with reinsurance experience preferred. Significant experience with life administration systems is preferred. Experience in managing a team is required. Experience in various aspects of the life reinsurance process, including policy administration, addressing legal/compliance/system issues, and review of contracts, is also preferred. Experience with application systems such as TAI preferred. Must possess keen analytical problem-solving skills and be able to understand the impacts of complex changes, and recommend appropriate business solutions. This position is based in Corebridge Financial's Houston, TX office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. Minimal travel Why Corebridge? At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive. Benefit Offerings Include: Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being. Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately. Employee Assistance Program: Confidential counseling services and resources are available to all employees. Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000. Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work. Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it. Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy. Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status.