Reinsurance Client Analyst

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$49,900.00 - $82,300.00

Target Openings

1

What Is the Opportunity?

Boiler & Machinery Reinsurance (BoilerRE) helps insurers match the right financial plan with the best equipment breakdown protection for their policyholder, offering flexible facultative and treaty reinsurance options across a variety of risk segments and exposures. As a Client Analyst, BoilerRE, you will work closely with reinsurance clients to collect and validate both treaty and facultative underwriting data. You will additionally assess and periodically report out on this data in support of successful reinsurance partnerships.

What Will You Do?

• Manage and monitor the intake and accurate application of reinsurance client portfolio data. Proactively identify, escalate, and resolve portfolio data issues, as necessary.
• Prepare periodic reporting on portfolio data for underwriting and sales partners in support of profitable and productive reinsurance client relationships.
• Collaborate with reinsurance underwriting team to onboard new BoilerRE clients and insurance programs, successfully administering user acceptance testing plans and producer code establishment. Coordinate with reinsurance clients to address outstanding file issues, as necessary.
• Accurately and efficiently quote, issue, and book facultative reinsurance accounts.
• Identify system enhancement opportunities and collaborate with Technology partners as a business unit subject matter expert in the requisition and implementation of system changes.
• Support and participate in portfolio Collaborative Underwriting Review Evaluations (CUREs) and internal audits, as needed.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s degree.
• Two or more years of experience in the property and casualty insurance or reinsurance industry.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Strong communication, organization, and time management skills.
• Ability to analyze data and report on key observations.

What is a Must Have?

• One year of experience in the property and casualty insurance or reinsurance industry, or a related field.

What Is in It for You?

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.