Reinsurance Plan Director Salary in Massachusetts

The Reinsurance Plan Director maintains plan records and ensures compliance with federal regulations. Responsible for the administration of reinsurance plans. Being a Reinsurance Plan Director ensures timely accounting, reporting and auditing. Communicates with customers and assists with plan design and distribution when necessary. In addition, Reinsurance Plan Director researches and analyzes reinsurance prices and specifications. Communicates with underwriting area to verify the proper reinsurance administration is put in place. Supports the investigation of proposed reinsurance opportunities, rate comparisons, and profitability analysis. May have responsibility for reinsurance customer service. Has attained industry designations. Requires a bachelor's degree. Typically reports to top management. The Reinsurance Plan Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Reinsurance Plan Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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