Senior Reinsurance Manager, REMOTE

AF Group

REMOTE opportunity. Must reside within the U.S. Travel is required. AF Group (or any Emergent Holdings) employees who cannot access our internal job board “Opportunity Marketplace”, please contact Trish Mylek for assistance. The Reinsurance Team is responsible for the ceded and assumed reinsurance of the organization and related analytics including geo-spatial risk measurement, catastrophe modelling, and catastrophe event reporting. This includes implementation of the organizations treaties, including system setup, cross department coordination, submission preparation, contract/terms negotiation, managing treaty documentation, and all related compliance and control processes. The position is responsible for working with brokers, intermediaries, and reinsurers in the placement and assumption of reinsurance agreements. Role will require utilization of analytical and critical thinking skills to help identify risks faced by business units and determining mitigating reinsurance solutions. ESSENTIAL DUTIES AND RESPONSIBILITIES Other duties may be assigned. Lead the placement of treaty reinsurance agreements, acting as the contact for external brokers, intermediaries, and reinsurers. Interacts with internal reinsurance legal counsel to ensure that reinsurance agreement wording is in line with agreed terms and conditions, and that all parties have agreed all terms prior to seeking binding approval. Work with business unit leaders to understand risks and desires of reinsurance as a tool to mitigate risk. Understand, negotiate, and achieve best reinsurance contract terms. Prepare presentations and documents outlining the reinsurance placement strategy and objectives. Facilitate and oversee periodic reinsurer audits and data requests. Present and represent the company in meetings at industry events to brokers, agency partners, and reinsurers. Supports monitoring catastrophe risk and aggregation management, with understanding of AM Bests perspective and impacts on BCAR. Assigned advanced special projects as needed. Strategize on best economic structures to maximize P&L impact of reinsurance by understanding the various levers that impact reinsurance pricing and structure in addition to performance metrics. Provide recommendations for Firm Order Terms, participation allocations and reinsurance structure based on technical and strategic analysis of the reinsurance marketplace with considerations for pricing, diversification of credit risk and long-term reinsurance purchase strategy. Supports details and analysis for forecasting and annual planning with regards to reinsurance. Understands the companys overall strategy and ideates and supports reinsurance utilization to provide maximum support towards those strategies. EDUCATION AND EXPERIENCE Relevant combination of education and experience may be considered in lieu of degree. Bachelors degree required, business or insurance related major preferred. Eight years of reinsurance experience required, or combination of 8 years of either P&C experience and reinsurance may be considered in lieu. Completion of Chartered Property Casualty Underwriter (CPCU) or Associate in Reinsurance (ARe) designations preferred. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. OTHER SKILLS AND ABILITIES Knowledge of property and casualty insurance with understanding of reinsurance principles, practices and procedures, products, and services. Ability to effectively exchange information clearly and concisely, present ideas, report facts and other information, and respond to questions as appropriate. Presentation skills and confidence to present company and product in one-on-one settings or i

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