Highlights
This role leads a team responsible for reinsurance processing, external reinsurer audits, and captive reinsurance administration, while partnering closely with Reinsurance Operations, Underwriting, Actuarial, Technology, and Accounting/Finance to support financial reporting, operational stability, and data integrity. Through a combination of people leadership, system ownership, and cross functional partnership, the Director plays a critical role in supporting financial outcomes, regulatory and audit readiness, and the effective operation of reinsurance programs representing over $2B in ceded premiums and recoverables.
Numbers & Facts
| Location | Chicago, Illinois |
| Industry | Other/Not Classified |
| Salary | $97,000–$189,000 Per Year |
| Company Size | 100 to 499 employees |
| Year Founded | 1940 |
| Website | https://www.cna.org/ |
Description
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Job SummaryThe Reinsurance Director provides leadership and oversight for core ceded reinsurance operational activities, ensuring accurate, controlled, and timely reinsurance processing across the department. This role leads a team responsible for reinsurance processing, external reinsurer audits, and captive reinsurance administration, while partnering closely with Reinsurance Operations, Underwriting, Actuarial, Technology, and Accounting/Finance to support financial reporting, operational stability, and data integrity.The Director serves as the business owner for core reinsurance platforms, including ProCede and related applications, with accountability for system availability, contract setup, automated cession configuration, monitoring and reporting, and reliable downstream data feeds supporting CNA’s financial close. The role also oversees vendor engagement, incident management, access and security controls, and the prioritization and delivery of system enhancements.Through a combination of people leadership, system ownership, and cross functional partnership, the Director plays a critical role in supporting financial outcomes, regulatory and audit readiness, and the effective operation of reinsurance programs representing over $2B in ceded premiums and recoverables.JOB DESCRIPTION:
Essential Duties & Responsibilities
Leads, and directs the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic directions.
Establishes project priorities and initiatives in support of corporate directives, and drives quality assurance of all deliverables.
Serves as business owner for core reinsurance systems, including ProCede and related applications, with accountability for contract setup, automated cession configuration, monitoring, reporting, and downstream data feeds supporting financial close.
Oversees reinsurance system operations and vendor engagement, including incident management, access and security controls, and prioritization of system enhancements aligned with business and financial reporting needs.
Provides leadership and oversight for captive reinsurance administration, including operational processing, reporting, audit support, and coordination with internal stakeholders to ensure accuracy, control, and regulatory compliance
Collaborates with business units and corporate finance areas oversees management of financial statement Schedule F and P and other processing.
Establishes policies and procedures employing best practices on SOX compliance, in the management of periodic reporting on assumed, ceded treaty and facultative reinsurance.
Reporting RelationshipAVP or above
Skills, Knowledge and Abilities
In-depth knowledge of finance, reinsurance, underwriting, actuarial and claims principles, practices and procedures.
Excellent communication, negotiation, and presentation skills. Ability to effectively interact with all levels of internal management and external business partners, departmental staff and other business units.
Proven analytical, financial and business management acumen.
Knowledge of insurance/reinsurance principles, practices and procedures.
Ability to deal with ambiguous situations and problems.
Uses creativity in resolving complex and challenging business problems.
Achieves business results by taking a proactive short-term (1 to 3 years) view of business goals and objectives.
Knowledge of Microsoft Office Suite and other business-related software.
Knowledge of ProCede or other business-related software.
Education and Experience
Masters degree or equivalent in experience in related discipline.
Typically a minimum of ten years of insurance/reinsurance financial experience with a proven track record of results.
Applicable designations such as Associate in Reinsurance preferred.
Minimum of three years of prior people leadership or management experience.
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#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington,the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact
leaveadministration@cna.com
About Company
CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people.
That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years.
Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings.
CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.