Treaty Specialist

Central Singapore, Singapore

Job Description


Position Overview
For the region, develops accurate financial contracts which embody complex actuarial, accounting, and legal mechanisms ensuring maximum profits and minimal exposure for RGA; coordinates the review of documents, incorporates feedback and maintains version control; and obtains final approvals to ensure execution of documents.
Responsibilities

1. Manages the writing, executing and distributing of regional GFS reinsurance transaction documents which embody client and RGA business objectives. This includes:
o Initiate drafts
o Manage efficient version control during review and negotiation
o Partner with corporate partners and SME\xe2\x80\x99s to draft language that addresses specific business or legal needs or for compliance with applicable insurance laws and regulations
o Coordinate comments from internal RGA associates and client companies and incorporates them into the draft for further review
2. Coordinates the distribution and review of draft legal documents to ensure the process stays organized and the appropriate draft versions are reviewed by the appropriate people, for the right information at the appropriate time
3. Serves as quality control by ensuring that all documents are prepared in an accurate and professional manner and that GFS and RGA standards are being met
4. Ensures and documents that all necessary functions have reviewed and approved the final execution versions of the document prior to execution
5. Obtains signatures on legal documents and support any necessary approval documentation to signatories prior to their sign off
6. Maintain appropriate archive of all GFS legal documents
7. Assists in the preparation of post-execution filings as needed (for example: with the Missouri Department of Insurance and Form D filings on behalf of RGA for all retrocession activity with respect to GFS transactions)
8. Performs other duties as assigned
Requirements

Education and Experience

  • Bachelor\xe2\x80\x99s degree in related field
  • 5+ years of contract, legal or treaty experience
  • Understanding of reinsurance and insurance regulation
Skills and Abilities
  • Ability to understand and negotiate RGA and client business objectives, governing laws and regulations in order to design legal contracts
  • Exceptional written communication and organizational skills
  • Good ability to manage multiple projects simultaneously in a high pressure work environment
  • Good ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
  • Legal background; understanding of reinsurance and insurance regulation
  • Customer service focus
  • Exceptional attention to detail

Company Overview
Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the world\xe2\x80\x99s largest and most respected reinsurers and is guided by a fundamental purpose: to make financial protection accessible to all. RGA has been named to Fortune magazine\xe2\x80\x99s 2023 list of the World\xe2\x80\x99s Most Admired Companies, an acknowledgement that reflects our legacy of innovation, dedicated client focus, community responsibility, commitment to diversity, and long-term value creation. RGA serves clients and partners in key markets around the world and has approximately $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022. To learn more about RGA and its businesses, visit www.rgare.com.
Job Reference: AS02476

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Job Detail

  • Job Id
    JD1276203
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Central Singapore, Singapore
  • Education
    Not mentioned