Technical Operations Coordinator
2 weeks ago
Join a Leading Property & Casualty Reinsurance Firm
We are currently seeking a bilingual (English / Spanish) Technical Operations Coordinator to provide essential support to our underwriting team. Our client, a prominent player in the Property & Casualty Reinsurance sector, is renowned for its employee-centric culture and collaborative environment that encourages innovative thinking.
This position requires in-office presence for four days a week.
KEY RESPONSIBILITIES:
- Ensure accurate and timely processing of information within the group’s systems from submission through to binding and maintenance. Support system needs by overseeing and coordinating the organization and updates of Property and Casualty treaty documentation workflows.
- Assist Treaty Underwriters in the thorough review of new and renewal business offers, including the processing of submission information, data gathering for analysis and pricing, and reviewing terms and conditions.
- Collaborate with the catastrophe modeling and pricing actuary teams to assist in data preparation, ensuring completeness and reliability of results while identifying key factors impacting outcomes.
- Support Treaty Underwriters in data input, reporting, documentation, and monitoring of property treaty catastrophe limits and loss simulations.
- Help prepare authorizations and summaries in accordance with underwriting guidelines and procedures, ensuring timely and accurate documentation.
- Maintain a solid understanding of slip wording language to assist in the review and preparation of slips for authorizations and contractual terms.
- Coordinate with various departments, including underwriting, actuarial, accounting, IT, claims, audit, and legal, to ensure all necessary information is available for effective portfolio management.
- Assist in the processing of Proportional estimated premium income updates, Excess of Loss premium adjustments, and other necessary documentation as per departmental guidelines.
- Support the resolution of accounting and claims inquiries through effective coordination and data gathering.
- Take initiative in ensuring that reports and data required by the underwriting area are readily available, facilitating inter-departmental coordination for report accuracy and maintenance.
- Contribute to the development of reporting tools and assist in preparing reports and presentations for Underwriters and management.
- Gather market data and maintain market reports, responding to ad hoc requests as needed.
- Drive process improvements by developing standardized procedures and enhancing coordination across departments.
- Ensure compliance with relevant laws, rules, and regulations affecting the business.
- Assist in coordinating meetings and marketing logistics.
- Perform additional duties as required by the needs of the Property and Casualty Treaty department.
- Act as a backup for Treaty Underwriters during their absence.
REQUIRED SKILLS AND EXPERIENCE:
- Bachelor’s degree from an accredited institution.
- Professional insurance qualifications or designations are advantageous.
- Exceptional organizational skills with a strong attention to detail.
- Excellent written and verbal communication abilities.
- Strong numerical and analytical skills.
- Ability to interact effectively and courteously with clients and colleagues.
- Willingness to work outside of standard office hours when necessary.
- Proficient in prioritizing and planning tasks effectively.
- Able to manage substantial workloads efficiently.
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