Description:
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Position: Ceded Reinsurance
Job ID: 40877
Responsibilities:
· Manage execution of the company's ceded reinsurance program, including coordination with internal and external stakeholders to ensure effective communication and collaboration.
· Maintain a deep understanding of the company's ceded reinsurance arrangements, including policy terms, contract provisions, and claims processes for pre- and post-placement activities.
· Ensure that all ceded reinsurance activities follow regulatory requirements, including maintaining appropriate documentation and reporting as necessary.
· Develop and maintain strong relationships with business units, finance, legal, reinsurance brokers, and other stakeholders to ensure effective and efficient execution of ceded reinsurance transactions.
· Provide timely and accurate reports on the company's ceded reinsurance activities and status.
· Continuously monitor and analyze the company's ceded reinsurance process, identifying opportunities for improvement and implementing process enhancements as appropriate.
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Qualifications:
· Minimum of 5 years of experience in ceded reinsurance operations, preferably in a property and casualty insurance environment.
· Strong knowledge of reinsurance concepts and practices, including treaty and facultative reinsurance, loss reserve calculations, and claims management.
· Professional designation such as CPCU, ARM, or ARe is preferred but not required.
-->SALARY: 135-210k
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