Senior Manager - Ceded Reinsurance

March 10

🏄 California – Remote

Although this job is listed in California, this company may be open to hiring remote in other states.

🌽 Illinois – Remote

Although this job is listed in Illinois, this company may be open to hiring remote in other states.

+1 more states

🏄 California – Remote 🌽 Illinois – Remote 🏖️ New Jersey – Remote

⏰ Full Time

🟠 Senior

🔒 Insurance

🦅 H1B Visa Sponsor

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SageSure

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SageSure is a leading provider of property insurance products to homeowners and small businesses in coastal states. As an innovation-focused company, SageSure utilizes advanced technology to offer tailored insurance solutions, ensuring comprehensive coverage and risk management.

Innovative Property Insurance Products • MGU

501 - 1000 employees

👥 B2C

💸 Finance

📋 Description

• Support the Ceded Reinsurance team in planning, coordinating, and executing key strategic initiatives across areas like reinsurance programs, risk analysis, contracting, financial reporting, regulatory compliance, and strategic planning. • Lead and manage cross-functional projects between leadership, carriers, and reinsurance brokers in the design, structuring, and pricing of reinsurance programs. • Coordinate and facilitate reinsurance contract reviews, ensuring alignment and incorporating revisions with input from all key stakeholders. • Conduct risk assessments for our carrier partners' homeowners' programs, identifying exposures and evaluating the impact on their reinsurance programs. • Collaborate with internal teams (legal, executive management) and external stakeholders (brokers and carrier partners) to negotiate, understand, and execute reinsurance contracts. • Prepare and analyze financial reports on reinsurance programs, including loss data, reserves, and regular updates on carrier program performance for senior management. • Contribute to the development offering documents in the ILS (cat bond) space to secure multi-year capacity for our carrier partners.

🎯 Requirements

• 7+ years of experience in P&C reinsurance, with a focus on buying, broking, or underwriting reinsurance agreements. • Extensive knowledge of reinsurance structures, including quota share treaties, catastrophe XOL, per risk XOL, aggregate stop loss, cat bonds, and facultative certificates. • Strong project management skills, with experience in coordinating complex projects and working across functions to drive strategic initiatives. • Proven ability to lead cross-functional teams involving executive leadership, brokers, carriers, and legal counsel in the design, negotiation, and execution of reinsurance contracts. • Deep analytical skills to assess reinsurance program performance, identify risk exposures, and analyze financial data (including loss data, reserves, and program profitability). • Experience preparing financial reports and presenting updates to senior management on reinsurance program performance. • Strong understanding of regulatory compliance and the ability to ensure alignment with legal and market requirements across all reinsurance placements. • Excellent communication and negotiation skills, with the ability to build relationships and influence key stakeholders internally and externally. • A strategic mindset with the ability to contribute to long-term planning and decision-making related to our carrier partners reinsurance strategy and overall risk management. • A detail-oriented, proactive, and results-driven attitude, with the ability to thrive in high-pressure, fast-paced environments.

🏖️ Benefits

• Generous health benefits • Tuition reimbursement • Wellness allowance • Paid volunteer time off • Matching 401K plan • More