Reinsurance Specialist

Position SummaryThe Reinsurance Specialist is a high-visibility role that supports the Director of Profit Participation Programs in managing and expanding Wise F&I's growing portfolio of reinsurance and profit-sharing programs.This position offers a unique opportunity to develop expertise at the intersection of insurance, finance, accounting, and client relationship management. You'll work with meaningful data, collaborate with internal and external stakeholders, and play an important role in delivering valuable financial insights and program support to our dealer and lender partners.We're seeking a detail-oriented and analytical professional who enjoys solving complex problems, building strong relationships, and continuously learning. Whether you're looking to deepen your expertise in financial services or expand your knowledge of the automotive F&I industry, this role provides significant opportunities for professional growth and career development within a thriving organization.What You'll DoSupport implementation of new treaties and program structures for the Company's various reinsurance programs.Coordinate with associated trustees, investment advisors and vendors such as GPW.Manage the issuance and/or storage of the monthly reinsurance cession statements and associated trust account statements to all applicable parties.Monitor trust balances, surplus positions, and funding requirements pursuant to reinsurance agreement provisions including inactivity and excessive loss experience.Reconcile cession and trust account statements so as to ensure accuracy and procedures are being followed.Prepare surplus calculations for client reinsurance companies utilizing parameters listed in the reinsurance agreement(s).Manage the formation and onboarding of new reinsurance companies.Review the quarterly profit share statements for all active Dealers with an eye on non-production and slipping performance. Initiate communication and/or corrective action as needed.Manage the onboarding of a Dealer to a profit share program.Manage the issuance and delivery of payments to Dealers when due under the profit share agreement(s).Assist with maintaining the database of all current reinsurance company partners and any changes or additions to their personnel contacts.Participate in all conference calls or meetings with applicable Underwriter(s), Trustee(s) or Vendor(s).Required Skills / Experience:Bachelor's Degree in Accounting, Finance or a related major.Willingness and desire to ask questions and learn.2-4 years experience providing administrative support to insurance or reinsurance operations.Proven analytical and critical thinking skills.Aptitude for training and teaching.Comprehensive Benefits:Competitive salary wage (40 hrs/week)Annual Performance Evaluation w/ Compensation ReviewBright, Modern Work Spaces9 Paid Holidays (per year)Paid Vacation Days401K Retirement Plan (100% company match up to 4% of income w/ immediate vesting)Insurance - paid benefits include Health, AD&D, Life and L/T DisabilityVoluntary benefits include Dental, Vision, Life and S/T DisabilityConvenient suburban location near intersection of I-270 and I-44 in southwest St. Louis County. We are an Equal Opportunity Employer.