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Senior Contract Analyst Resume

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8/11-present Confidential, PA
SENIOR CONTRACT ANALYST

  • Translate contract terms and conditions into system data elements needed for on-line system, administering to complex treaty reinsurance agreements supporting various business units
  • Communicate and resolve issues with underwriting organization, reinsurance intermediary, and/or staff and management impacting accurate and efficient administration of ceded reinsurance programs
  • Review final wording to ensure accurate contract set-up
  • Calculate/register ceded premium adjustments. Work with ARS accounting department on premium disbursement issues and verify accuracy of ceded financials
  • Review systems to verify proper attachment of premium/loss registration

6/03-4/09 Confidential,Stamford, CT
ACCOUNT SPECIALIST

  • Accurately forecasted quarterly premium estimates for Specialty Casualty business, in conjunction with Underwriting
  • Researched quarterly premium and loss variances, providing commentary; assisted Accounting, Claims or Underwriting personnel in correcting inaccurate entries
  • Ensured accuracy of reinsurance accounting transactions for largest and most complex assumed Specialty Casualty treaties
  • Documented contractual calculations and balanced inception-to-date financial data
  • Calculated profit commissions and retro-rated premium adjustments

6/02-6/03 Confidential,PA
REINSURANCE ACCOUNTANT

  • Organized and audited all ceded and assumed accounts, successfully reconciled reporting discrepancies and aged collections issues, and accurately calculated premium and commission adjustments
  • Facilitated transition from manual to automated reinsurance system; populated Freedom with Treaty and Facultative data; ensured accurate financial results through system testing; verified and reconciled Schedule F

5/01-6/02 Confidential,CT
TREATY ACCOUNT PROCESSOR

  • Developed and maintained a detailed understanding of clients’ individual treaties, account reporting requirements and overall program structure
  • Ensured accuracy of accounts and adjustments received from clients, and obtained revisions as needed
  • Monitored due dates, followed up as necessary for funds, accounts and LOC’s

12/93-3/98Confidential,CSIG, Farmington, CT REINSURANCE ASSOCIATE (8/95-3/98)

  • Implemented accounting and claims transactions for new treaty and facultative programs; was chosen to manage a company-wide reinsurance contract, working closely with Actuarial; G/L entry, balanced to income statement, reconciled T/B
  • Accurately calculated ceded and assumed premium, losses, commission, IBNR, UPR, portfolios, and premium and commission adjustments, using Excel
  • Analyzed and tested new automated reinsurance database (URS), documented procedures, and trained staff in several departments
  • Volunteered to review and maintain all contract documentation; assisted with Schedule F, audit review process, LOC’s, profit-sharing calculations, and budget

ACCOUNTING ANALYST Confidential, (12/93-8/95)

  • Successfully implemented accounting procedures for new insurance programs, managed accounts and resolved auditing, accrual, and receivable issues
  • Defined requirements, created specifications and tested system for new programs

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