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