The AVP of Reinsurance Integration & Operations oversees the end-to-end integration, settlement, and compliance of reinsurance portfolios. They lead operational systems, manage cross-functional collaboration, and supervise a team to ensure high-performing, efficient business processes.
Operations & Administration – Reinsurance Integration & Operations
Position Summary
The AVP, Reinsurance Integration & Operations plays a key role in the end-to-end integration, operations & settlements of deals/transactions and our growing reinsurance portfolios. Oversees compliance of the reinsurance contractual requirements. Our Reinsurance Integration & Operations capability needs to be high functioning, stable and nimble to handle business growth in a rapidly changing environment. We are a high performing team that is available to meet the demands of a highly analytical workforce delivering on critical timelines to support our business objectives.
What You Will Do:
- Participate in the onboarding of reinsurance deals/transactions from due diligence through closing and transition to business-as-usual processing.
- Collaborate with Counterparties and other external partners, as well as our internal functions across Information Technology, Finance, Operations, Actuarial, Investments and the New Business teams.
- Lead the reinsurance operations systems & processes, including coordination of counterparty settlement & treaty reporting requirements and operational support to controls and financial reporting requirements.
- Oversee the preparation of reinsurance analysis and remittances, ensuring proper controls and tracking, and completion of outstanding receivables / payables that are due to / from cedants.
- Lead initiatives with Operations leaders to define our model reinsurance office, including project management of gaps, solutions implementation, KPIs, etc.
- Supervise and coach a team of senior associates and associates and manage their day-to-day responsibilities with the broader AVP/VP Ops leaders.
- Contribute to a culture of continuous improvement and enable a high-performing team.
- Simplify, streamline and document operational and integration processes and playbooks, including collaborating across teams to further optimize efficiencies, capabilities.
- Project management of other operational and strategic initiatives.
What You Will Have:
- University degree, MBA or Graduate Degree is a plus.
- Minimum of 7+ years of relevant post-qualification experience within re/insurance.
- Expertise in re/insurance transactions structures, processes, systems and controls.
- Working knowledge of US GAAP, and STAT reporting standards.
- Experience leading time sensitive client facing projects and proven experience in successful execution.
- Strong problem solving and analytical skills and ability to look at all matters creatively and with ingenuity.
- Possess project management, business and collaboration skills, and be responsive to service needs and operational demands.
- Interest in/ability to lead, manage and coach senior associates and associates.
- Proven track record of liaising with a diverse team across multiple departments.
- Proven ability to meet tight deadlines and respond to changing priorities.
- Detail oriented, organized, motivated and results oriented.
Proven ability to work independently.
This is a remote position.