Contract Associate (Hybrid)

Req# : 5dbf24aa-5452-465a-b656-32a3caf5e8ce The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life's uncertainties. Regardless of where you work within the company, you'll be helping provide protection and peace of mind when our customers need it most.

Basic Purpose and Objective of the Position

This position is expected to provide leadership and support to the Reinsurance Business Group in the areas of new or in-force reinsured business and acquisitions. The Associate II will advise and provide support for other cross-functional business units to help them understand and effectively implement contractual and regulatory requirements related to reinsurance.

Responsibilities

• Negotiate favorable reinsurance terms with third-party reinsurers in conformance with internal controls, draft associated reinsurance contracts and summaries, and lead business presentations related to such matters.
• Manage aspects of key reinsurance-related transactions including acquisition due diligence, acquisition integration and negotiated settlements, as needed.
• Lead efforts to resolve reinsurance contract or data integrity issues, including making recommendations to resolve such issues.
• Identify and prioritize potential risk associated with reinsurance contract compliance, in particular as it relates to the reinsurance systems and reinsurance administration.
• Communicate results with management and other reinsurance stakeholders to provide greater transparency, resolve contract issues and ensure contract compliance.
• Query, analyze and interpret system data as it relates to compliance with reinsurance contract terms and any of the above responsibilities.

Qualifications / Experience

Protective's targeted salary range for this position is $59,500 to $85,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective's total compensation package for employees. This position also offers additional incentive opportunities [through an annual incentive based on individual and Company performance] OR [through cash compensation as part of a sales incentive plan (SIP).

Employee Benefits :

We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits ( e.g. , paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective's platform to improve wellbeing while earning cash rewards. Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans. Diversity and Inclusion At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities. We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace unique skills and abilities. Our aim is to create an equitable and accountable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent. We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.

About the company

Protective Life Corporation is a financial service holding company in Birmingham, Alabama.

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