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.