Ceded Reinsurance Analyst

Responsibilities

-          SOX CONTROLS (quarterly):

o   Prepare report for the contract management control – get evidence.

o   Prepare report for the reinsurance credit rating – get evidence.

o   Prepare report for the reinsurance contract main terms control – get evidence.

o   Liaise with actuaries about Risk Transfer report needed for the control.

o   Improve controls for efficiency and work on new controls as needed (example: assist by reviewing information given by Reinsurance Ops when new Reinsurance platform is live).

-          ASSIST IN THE REINSURANCE TREATY PLACEMENT

o   Request information from other teams to prepare the submission to markets – review the final submission pack;

o   Prepare resumes and schematics (other reports like sliding scale that are currently in excel file which hopefully are going to be in the new reinsurance platform).

o   Support to prepare TO BOOK email for finance/ RI ops (when new reinsurance app is working support by adding info into the platform)

-          CONTRACT MANAGEMENT

o   Maintain accurate records of reinsurance contracts, endorsements, and correspondence (save in folders).

o   Work with the team that is implementing ironclad (contract management tool).

o   When IronClad is up and running 100%: start the signature process of all documents.

-          Assist in preparation of reinsurance data for internal and external audits.

-          FACULTATIVE PLACEMENT:

o   Liaise with UWs/MRDs to ensure Accelerant policy and procedures are being followed.

o   Review documents (contract/endorsements) and share it with legal.

o   Once placement is done share with reinsurance ops.

Skills and Experience

-          Bachelor’s degree.

-          Minimum of 3 years of experience in Ceded Reinsurance / Insurance.

-          Proficiency in MS office skills (excel, word and PowerPoint).

-          Understanding of reinsurance structures (e.g., proportional, non-proportional, facultative), and ceded reinsurance processes.

-          Strong analytical skills and attention to detail.

-          Ability to work independently and within a virtual team in a fast-paced environment.

-          Excellent verbal and written communication, collaboration both in person and virtual.

-          Strong organizational skills with the ability to prioritize multiple tasks.