Sr Reinsurance Tech

What You'll Do As a Sr Reinsurance Tech, you will perform reinsurance maintenance, recordkeeping and new business functions. Provide technical assistance and coordinate preparation of annual statement memos. Primary contact for assigned reinsurance companies. Build new reinsurance cessions, may include the processing of "tiebreakers" (determination of quote finalist when there is a tie with reinsurance offers) to ensure appropriate reinsurance arrangements. Reconcile and pay monthly premium billing statements, prepare monthly consolidated premium reports, and maintain accurate and orderly records of premium payments. Prepare annual statement memorandums. May include completion and reconciliation of DAC tax calculations. Perform maintenance operations including processing of changes/amendments, reinstatements, terminations, adjustments, extension schedules, death and disability claims and research all cases identified on extract reports. Verify accuracy of reports from reinsurance companies. Maintain accurate records. Check cessions and maintenance work performed by others. Train new employees in technical functions. Research and resolve complex casework on situations not covered by written rules. Provide guidance to others on advanced casework. Regularly audit all records to ensure accuracy of retained and ceded amounts. Participate in external audits with reinsurers, state Insurance Department auditors, Corporate auditors, etc. Complete various projects as requested by the department manager. Initiate recommendations for any administrative, procedural, or treaty changes as a result of new products or changes in existing products, including testing. Perform other job-related duties and special projects as required. Who You Are Bachelor's degree or equivalent. Must have strong math skills. Extensive knowledge of reinsurance guidelines and procedures and an ability to analyze and resolve complex situations not covered by established procedures. In-depth understanding of various plan provisions and impact of various changes/adjustments to reinsurance accounts. Must have computer knowledge and be proficient with Microsoft Excel and Microsoft Access. Must exhibit quick judgment, strong organizational skills, and strong written and oral communication skills. Must exhibit good decision making when working on complex casework. Must be an effective team player and a positive influence within the organization. Must be able to multi-task in a fast-paced changing environment with high accuracy and within established turnaround times. Participation in industry continuing education is strongly recommended. Salary Range Information Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $22.93 - $40.96 / hour Salary Details The following locations are examples of market-specific salary ranges across different geographies. Wichita, KS: $22.93 - $30.72 / hour Des Moines, IA: $24.21 - $32.43 / hour Charlotte, NC: $25.48 - $34.13 / hour Chicago/Minneapolis: $28.03 - $37.55 / hour Los Angeles/New York City: $30.58 - $40.96 / hour Time Off Program Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness. Pension Eligible Yes Work Environments This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements. You’ll work with your leader to figure out which option may align best based on several factors. Work Authorization/Sponsorship At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.) For additional information around work authorization needs please use the following links: Nonimmigrant Workers and Green Card for Employment-Based Immigrants Investment Code of Ethics For Principal Global Investors positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization. Experience Principal At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits. Principal is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Posting Window We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline. Original Posting Date 4/22/2026 Most Recently Posted Date 4/22/2026 LinkedIn Remote Hashtag #LI-Remote As a Sr Reinsurance Tech, you will perform reinsurance maintenance, recordkeeping and new business functions. Provide technical assistance and coordinate preparation of annual statement memos. Primary contact for assigned reinsurance companies. Build new reinsurance cessions, may include the processing of "tiebreakers" (determination of quote finalist when there is a tie with reinsurance offers) to ensure appropriate reinsurance arrangements. Reconcile and pay monthly premium billing statements, prepare monthly consolidated premium reports, and maintain accurate and orderly records of premium payments. Prepare annual statement memorandums. May include completion and reconciliation of DAC tax calculations. Perform maintenance operations including processing of changes/amendments, reinstatements, terminations, adjustments, extension schedules, death and disability claims and research all cases identified on extract reports. Verify accuracy of reports from reinsurance companies. Maintain accurate records. Check cessions and maintenance work performed by others. Train new employees in technical functions. Research and resolve complex casework on situations not covered by written rules. Provide guidance to others on advanced casework. Regularly audit all records to ensure accuracy of retained and ceded amounts. Participate in external audits with reinsurers, state Insurance Department auditors, Corporate auditors, etc. Complete various projects as requested by the department manager. Initiate recommendations for any administrative, procedural, or treaty changes as a result of new products or changes in existing products, including testing. Perform other job-related duties and special projects as required. Bachelor's degree or equivalent. Must have strong math skills. Extensive knowledge of reinsurance guidelines and procedures and an ability to analyze and resolve complex situations not covered by established procedures. In-depth understanding of various plan provisions and impact of various changes/adjustments to reinsurance accounts. Must have computer knowledge and be proficient with Microsoft Excel and Microsoft Access. Must exhibit quick judgment, strong organizational skills, and strong written and oral communication skills. Must exhibit good decision making when working on complex casework. Must be an effective team player and a positive influence within the organization. Must be able to multi-task in a fast-paced changing environment with high accuracy and within established turnaround times. Participation in industry continuing education is strongly recommended.