MiamiRecruiter Since 2001
the smart solution for Miami jobs

Supervisor - Quality Control, Contracts & Underwriting Support

Company: Transatlantic Reinsurance Company
Location: Miami
Posted on: March 14, 2025

Job Description:

TITLE: Supervisor - Quality Control, Contracts & Underwriting SupportJOB DUTIES: Responsible for reviewing and analyzing each underwriting decision made for Facultative and Treaty Reinsurance offerings in multiple lines of business. Must evaluate if the underwriting terms and conditions accepted for all lines of business were in accordance with established guidelines. Ensure the terms and conditions accepted by the subscribers are in compliance with internal company's guidelines. Ensure contracts are legally binding (for all lines of business and for all countries with the Latin America & Caribbean Division) and are within the company's risk appetite to ensure profitability. Analyze statistical data and verify and audit a wide range of documentation (for both Facultative and Treaty contracts, across all lines of business) to ensure that the information captured in the company's local systems are in accordance with negotiated terms. Responsible for auditing all premium calculations in TIRS (Internal System) to detect possible accounting errors as follows: Installment due dates; Value of Total Premiums; Discrepancies in amounts received; Total Income values; Total deductions registered in the system according to final terms accepted. Verify underwriter submissions and internal controls of complex reinsurance business and their results. Update underwriting information and generate reports that allow management to monitor the status of the negotiation process and forecast budget results/adjustments necessary. Work very closely with the SVP & Chief Underwriting Officer and other departments to provide Monthly and Quarterly statistical reports quantifying numbers of issues, process weaknesses and inefficiencies from underwriting area. Conduct reinsurance risk assessments and discuss potential compliance issues with management, Underwriters and QC team members. Provide leadership and direction to USU staff on special projects and/or processes. Set clear goals and monitor staff's process toward those goals. Provide ongoing feedback to staff.REQUIREMENTS: Bachelor's degree in Insurance, Actuary Science or US equivalent and one (1) year of experience in the job or as Reinsurance Underwriting Supervisor, Quality Control Supervisor, or closely related occupation within the reinsurance industry in Latin America. Alternatively, employer will accept at least three (3) years of experience in the above stated occupation(s) within the industry/region. Must have experience verifying a wide range of Facultative/Treaty documentation, and working knowledge of reinsurance underwriting concepts, practices, procedures and techniques, executing operational audits of various lines of business using audit methodology, and verifying underwriter submissions and internal controls of complex reinsurance business and their results. Must have experience applying reinsurance risk assessment skills, quality control concepts and market knowledge within the industry to interpret and apply regulations pertaining to corporate compliance requirements, as well as utilizing the following reporting systems/tools and specialized software: AIR, RMS, GRM, Excess of Loss Pricing tools, Integrated Property Pricing system.Hours/Week: 40 hours - (Mon/Fri) // 9:00am - 5:00pmJob Location: 600 Brickell Avenue, Suite 2900, Miami, FL 33126(Must reference job title and location in subject line).
#J-18808-Ljbffr

Keywords: Transatlantic Reinsurance Company, Miami , Supervisor - Quality Control, Contracts & Underwriting Support, Accounting, Auditing , Miami, Florida

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Florida jobs by following @recnetFL on Twitter!

Miami RSS job feeds