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4 days
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$24.05/hr - $39.13/hr (Estimated)
<p>Shape Your Future With Us</p> <p>GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies .</p> <p>We are seeking an analytical, self-motivated Coverage Specialist to play a pivotal role in drafting reinsurance contracts, insurance policies and endorsements to optimize corporate goals. This role is ideal for an experienced individual seeking to advance their career.</p> <p>GenStar currently offers an excellent opportunity for Coverage Specialist: P&C (Re) Insurance - GenStar based in one of our offices: Stamford, Atlanta, New York City or Chicago. This position offers a hybrid work schedule in-office and remote work-from-home.</p> <p>Role Description</p> <p>The Coverage Specialist will be responsible for analyzing, drafting, and explaining reinsurance contracts for public entity self-insurance pools, primarily treaties with some facultative certificates. You will support our underwriters, including senior managers, and act as the key liaison to Gen Re's Contracts Unit in this high-profile position. Responsibilities also include drafting of insurance policies and endorsements; a key role in optimizing P&C reinsurance and insurance wording to support our underwriting divisions and promote profitable growth.</p> <p>RESPONSIBILITIES:</p> <p>Review and analyze reinsurance contracts, ensuring alignment with company standards. Perform comprehensive comparisons between reinsurance contracts, cedant's policies, and company requirements. Identify deviations from standard language or industry practices. Propose improvements and collaborate with different business units to resolve issues.</p> <ul> <li>Draft specialty insurance policies and endorsements for both primary and excess P&C lines. </li><li>Conduct independent reviews for product development, competitive analysis, and emerging trends. Report your findings. </li><li>Collaborate with underwriting divisions to inform strategic decisions. </li><li>Draft reinsurance and insurance coverage to align with the company's risk tolerance and profitability goals. </li><li>Mentor underwriters, guide management, and assist other colleagues in reinsurance contract wording and insurance policy wording. </li><li>Create reinsurance checklists for underwriters and coverage specialists. </li><li>Establish electronic filing systems to maintain documentation of account reviews. </li></ul> <p>Role Qualifications and Experience</p> <ul> <li>Bachelor's degree required; CPCU preferred. JD or paralegal degree may be considered for experience in drafting reinsurance contracts (not practicing law). </li><li>Minimum 3 years of experience in reinsurance contract drafting. </li><li>Minimum 5 years of experience in the P&C insurance industry, including above. Additional experience in P&C underwriting or claims examining is advantageous. </li><li>Proficiency in using AI tools and technology skills (especially Word, Excel, PowerPoint. Team, SharePoint, Outlook and ChatGBT or other AI service). Familiarity with large language models that can integrate with R. Postgres, Python or SQL may be a plus. </li><li>Strong organizational, analytical, and communication skills. </li><li>Active involvement in industry committees such as ISO Panels is beneficial. </li><li>Ability to work independently and collaborate across departments. </li></ul> <p>Salary Range</p> <p>106,000.00 - 178,000.00 USD</p> <p>The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.</p> <p>Our Corporate Headquarters Address</p> <p>General Reinsurance Corporation</p> <p>400 Atlantic Street, 9th Floor</p> <p>Stamford, CT 06901 (US)</p> <p>At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.</p>
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