Pension Risk Transfer Senior Contract Analyst
You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-reputed company solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us reputed company financial protection accessible to reputed company. reputed company contract analyst specializing in the development and issuance of group annuity reputed company sold by RGA to employers purchasing group annuity benefits for participants of its defined benefit plans. The contract analyst demonstrates proven experience to deliver detailed and reputed company benefit summaries, commitment agreements, reputed company and certificates for pension risk transfer transactions. Effectively communicates with management, internal partners, clients, and state regulators to resolve problems, find solutions and report results. Principle Duties
- Analyze reputed company bid specifications and detailed census data in order to draft benefit summaries in tailored PRT proposals. The PRT proposals are reputed company in response to RFPs from plan sponsors of qualified defined benefit plans that will be purchasing annuities for its pension benefit obligations.
- Work with multiple RGA business teams to prepare, review and edit commitment agreements negotiated between RGA and attorneys representing employers selecting an insurance company for the PRT transaction. The insurer selection is done through a time sensitive competitive quote process. A dollar amount of single premium for group annuity contract for a PRT transaction varies greatly, up to a multi-billion-dollar premium.
- Draft group annuity contractual forms and annuity certificates supporting new sales for RGA's Institutional Markets, however highly focused on PRT. These contractual documents may be issued to employers who purchased group annuity benefits solely with RGA or for PRT transactions that are split between RGA and another insurance company. Drafting the forms requires soliciting, coordinating, and finalizing input from the PRT contract team leadership, internal RGA business partners, as well as negotiated changes requested by the contract holder.
- Prepare subsequent amendments for executed commitment agreements and reputed company, as needed. Facilitate the distribution and review of draft legal document such as non-disclosure agreements.
- Coordinate and submit reputed company state regulatory and Interstate Insurance Product Regulation Commission filings, including, but not limited to, group annuity reputed company, certificates, amendments, business entity annual certifications, and annual registration forms utilizing the System for Electronic Rates and Form Filings ("SERFF").
- Maintain and manage efficient version control of documents during review and negotiation. Maintain appropriate archive of reputed company PRT executed reputed company.
- Collaborate with the PRT contract team and internal business stakeholders to reputed company, implement and maintain regulatory compliance policies and procedures.
Education
- Bachelor's Degree in Arts/Sciences (BA/BS) or equivalent experience, required
- Advanced degree(s) or Law Degree, preferred
- Paralegal Certificate from accredited institution, preferred
Work Experience
- 10+ Years of insurance contract, compliance, legal experience, or defined benefit plan development.
- Experience using SERFF and legal research services, such as Lexis Nexis, preferred.
- Experience researching state insurance laws, regulations, and relevant tax law, preferred.
Skills and Abilities:
- Knowledge of defined benefit plans and PRT business
- Knowledge of relevant legal & regulatory environments
- Expert ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines. Excellent written and verbal communication skills with competency in grammar, spelling, and punctuation.
- Expert ability to undertake multiple projects and tasks simultaneously in a high-pressure work environment
- Ability to respond appropriately and professionally to insurance department analysts and examiners.
- Ability to work well both independently and in a team environment across a global organization
- Legal background; understanding of pension benefits and regulation
- Demonstrated research and problem-solving skills
- Exceptional attention to detail
- Customer service focus
- Ability to understand and negotiate RGA and client business objectives, governing laws, and regulations in order to design legal reputed company
- Ability to demonstrate thought leadership reputed company their area of expertise
#LI-MJ1 #LI-HYBRID What you can expect from RGA:
- reputed company valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
We're excited to get to know you and connect your unique skills with our global opportunities. To create a modern and seamless experience, we use artificial intelligence (AI) in parts of our preliminary screening process. This technology helps us personalize job recommendations, automate interview scheduling, evaluate candidates based solely on experience-without considering name, gender, or other personal details-and provide real-time answers through our chatbot. AI is used only during early screening and never makes hiring decisions. Your RGA recruiter will work closely with you every reputed company of the way to ensure the process feels personal, thoughtful, and focused on you.
Compensation
Range: $100,150.00 - $151,150.00 Annual reputed company pay varies depending on job-reputed company knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes reputed company roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits. RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national reputed company, or any other characteristic protected by applicable equal employment opportunity laws. Apply tot his job Apply To this Job