23 days old

VP, Ceded Reinsurance Group

Allied World
New York, NY
  • Job Code
This position is responsible for oversight and execution of successful treaty placements in support of direct underwriting operations for both North America and Global Markets Insurance.

Duties and Responsibilities:

  • Working with Underwriting, Actuarial, Claims and others as appropriate to review reinsurance requirements and analyze structure alternatives.

  • Develop and manage relationships with reinsurance brokers and reinsurance markets to facilitate placements, execution of contract wording, timely claims payments and gain market intelligence.

  • Work with Underwriting, Finance, Actuarial and Claims to gather data to assist in reinsurance submission preparation (data to be provided to broker who will prepare submissions).

  • Liaise with the Legal Department in the drafting of reinsurance contract wording in accordance with company standards.

  • Evaluate treaty reinsurance quotations; negotiate transaction to support US business requirements.

  • Coordinating the availability of documents and timing for claims, underwriting, transactional, and Ceded Re audits as well as audits performed by external auditors.

  • Coordinate and track execution of contract wordings to full completion and maintain electronic filing archive.

  • Summarize Treaty Terms and Schematics.

  • Maintain Reinsurance Resume document that provides historical detail of terms for treaties previously written.

  • Stay current with industry issues and developments.

  • Assist in maintaining compliance with the tenets of the Sarbanes-Oxley Act.

  • A minimum of 10 years of Reinsurance related experience

  • Excellent communication (both written and verbal) and interpersonal skills

  • Strong negotiation skills

  • Strong attention to detail and quantitative skills

  • Ability to work to deadlines and prioritize tasks

  • Ability to work with various internal constituents, including underwriting, claims, actuarial, finance and IT departments

  • Ability and willingness to work outside normal office hours and global travel as required
About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

About Allied World
Allied World, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. Allied World offers superior client service through a global network of offices and branches. All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch.

Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.

Posted: 2018-09-27 Expires: 2018-10-26
Sponsored by:
Farm Credit Services of America Logo
Sponsored by:
Bank of America Logo

Featured Jobs[ View All ]

Featured Employers

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

VP, Ceded Reinsurance Group

Allied World
New York, NY

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast