Vice President, Ceded Reinsurance

2 days ago


New York NY United States Safety National Full time

Stop searching. Start growing. It's time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today


This opportunity is in the Ceded Reinsurance Department.


The Ceded Reinsurance department's mission is to protect the company's surplus through the purchase of reinsurance and provide accurate reporting of liabilities to our reinsurers, broker community, and internal employees, while encouraging innovation and creativity. We are responsible for collecting ceded liability balances, reporting accurate financial statements, following contractual obligations, and ensuring security. Adhering to superior client service principles throughout this process allows our reinsurers and broker partners to become life-long customers and contributing members of our ceded reinsurance community.


Role Description:


In the role of Vice President, Ceded Reinsurance, you will be responsible for administering all aspects of ceded reinsurance placement and analysis in concert with the Treaty Committee. You will ensure accurate and timely settlements with reinsurance partners, while also supervising the Ceded Reinsurance leadership team and performing the role of department head. By executing the Ceded Reinsurance strategy and objectives set by the Treaty Committee, you will play a critical role in Safety National's ability to manage and mitigate risks as well as achieve our broader goals and objectives.


One of your primary responsibilities as a Vice President, Ceded Reinsurance is to actively seek reinsurance solutions to meet the needs of the business and the enterprise risk objectives. To do so, you will develop and maintain positive working relationships with and appropriately represent the organization to our current and prospective reinsurance partners. You will also actively monitor all Ceded Reinsurance related transactions and provide necessary support to other departments on Ceded Reinsurance issues, and educate others on reinsurance concepts when required. Additionally, in this role you will be responsible for overseeing several processes including preparation of Schedule F, collection of reinsurance recoverables, coordination of reinsurer claims and underwriting audits, etc.


As head of the Ceded Reinsurance department you will oversee the performance management of all department team members. You will see to each individual's growth and development by providing effective coaching and mentorship as well as opportunities to learn and build new expertise. You may be asked or required to serve on internal committees with varying areas of focus such as operations, innovation, etc.


The ideal candidate is someone with 10 or more years of experience successfully placing reinsurance. It is highly preferred for someone to have extensive experience in commercial casualty insurance. Extensive experience in various disciplines including underwriting, claims, finance, accounting is required. Thorough knowledge and established relationships with the reinsurance brokerage community is also needed. Finally, a highly accountable leader capable of effectively managing and motivating a team in pursuit of department and company goals is a must.


If this role describes you, apply today


Travel and Work Location Requirements:


  • This position will require light travel consisting of two international trips per year and if not located in the home office, 3-6 visits to the home office in Saint Louis, MO per year.
  • This position is open to candidates who wish to work remotely. However, we would prefer to have someone work a hybrid schedule from our headquarters in Saint Louis, MO or one of our regional offices. Someone who lives near one of our offices will be required to work a hybrid schedule with a minimum of three days per week in the office.

Education:


  • Bachelor's degree in Insurance, Accounting, Finance or Actuarial Science or similar preferred.

Required Qualifications:


  • 10 or more years of direct reinsurance placement experience.
  • 5 or more years of management experience.
  • Expertise in reinsurance, including its financial impact on the Corporation and the reinsurance placement process.
  • Established relationships and personal brand within the reinsurance brokerage community.
  • Thorough knowledge of insurance company operations (i.e. actuarial, finance, accounting, claims, and information services processes and procedures) and understands how Treaty Reinsurance operations interact with each within the corporate functional framework.
  • In-depth exposure to Underwriting and Claims processes.
  • Superb professional written and oral communication and interpersonal skills.
  • Proficient with Microsoft Office suite, including Outlook, Word and Excel.

Preferred Qualifications:


  • Experience in underwriting, finance, accounting, and/or actuarial fields.
  • Experience in budgeting and forecasting revenue and expenses.

Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.


Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target salary range for this position is $169,000 to $270,000. It is anticipated that most qualified candidates will fall near the middle of this range. Compensation for the successful candidate will consider the candidate's particular combination of knowledge, skills, competencies, and experience.


Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.


A Benefits Structure That Puts Employees First:


Safety National's approach to benefits reaches far beyond competitive fixed compensation. Instead, we construct a total rewards benefits package for each valued member of our team. Highlights include incentive award bonuses, an annual holiday bonus, and profit-sharing contributions. Other exceptional benefits include generous healthcare coverage, a 401(k) match, enhanced paid caregiver leave, and family-forming benefits for adoption, surrogacy, and fertility. We also promote balance by offering a hybrid working environment and several employee appreciation events throughout the year. Apply today to learn more about our total rewards approach.

#J-18808-Ljbffr

  • Plymouth Township, Montgomery County, United States Safety National Full time

    Stop searching. Start growing. It's time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today! This opportunity is in the Ceded Reinsurance Department. The Ceded Reinsurance department's mission is to protect the company's...


  • Charlotte, NC, United States Safety National Full time

    Stop searching. Start growing. It's time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today! This opportunity is in the Ceded Reinsurance Department. The Ceded Reinsurance department's mission is to protect the company's...


  • Houston, TX, United States Safety National Full time

    Stop searching. Start growing. It's time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today! This opportunity is in the Ceded Reinsurance Department. The Ceded Reinsurance department's mission is to protect the company's...


  • New York, NY, United States SiriusPoint Ltd. Full time

    Head of Ceded Placement Hybrid – United States Who We Are SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One...


  • Stamford, CT, United States Chubb Full time

    Located in Stamford, Connecticut, we sell property & casualty treaty reinsurance products to domestic insurance companies and alternative risk vehicles. We reinsure diverse & unique client portfolios that offer our underwriting & claims professionals exposure to all types of interesting structures & risks. We are seeking to hire an Assistant Vice President,...


  • Dallas, TX, United States BMS Re Full time

    About BMS BMS Group is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk. As a global brand with offices located across the US, Canada, Latin America, Australia, Europe...


  • Edina, MN, United States BMS Full time

    Edina, MN, USA Job Description Posted Tuesday, September 17, 2024 at 6:00 AM About BMS BMS Group is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk. As a global brand...


  • New York, NY, United States Arthur J. Gallagher & Co. (AJG) Full time

    Introduction Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a...


  • , NJ, United States Chubb Ltd. Full time

    Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. Claims Actuarial Insights strives to empower claims professionals with actionable...


  • New York, United States 3PRO Full time

    Job Title: Multinational Facultative Reinsurance Process AnalystStart Date: ImmediateType: Full-Time, PermanentSalary: Negotiable End Client: ConfidentialIndustry: Insurance / Re-InsuranceLocation: Manhattan, New York, United StatesWorkplace Type: On-siteTravel: No**MULTINATIONAL REINSURANCE EXPERIENCE REQUIRED** Job Description:The successful candidate will...

  • Senior Vice President

    2 months ago


    New York, United States Gallagher Full time

    Introduction: Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation,...


  • new york city, United States 3PRO Full time

    Job Title: Multinational Facultative Reinsurance Process AnalystStart Date: ImmediateType: Full-Time, PermanentSalary: Negotiable End Client: ConfidentialIndustry: Insurance / Re-InsuranceLocation: Manhattan, New York, United StatesWorkplace Type: On-siteTravel: No**MULTINATIONAL REINSURANCE EXPERIENCE REQUIRED** Job Description:The successful candidate will...


  • new york city, United States 3PRO Full time

    Job Title: Multinational Facultative Reinsurance Process AnalystStart Date: ImmediateType: Full-Time, PermanentSalary: Negotiable End Client: ConfidentialIndustry: Insurance / Re-InsuranceLocation: Manhattan, New York, United StatesWorkplace Type: On-siteTravel: No**MULTINATIONAL REINSURANCE EXPERIENCE REQUIRED** Job Description:The successful candidate will...


  • Rochester, NY, United States JK Executive Strategies, LLC Full time

    Vice President of Development Rochester, NYJK Executive Strategies is proud to partner with the Rochester chapter of a well-established global non-profit organization in search of a Vice President of Development to join its team! The Vice President of Development will be an integral part in the organizations fundraising and philanthropic efforts within the...

  • Senior Underwriter

    4 weeks ago


    Princeton, NJ, United States Axis Capital Full time

    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS,...


  • New York, United States Jones Lange Lasalle, Inc. Full time

    JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, Vice President, Brokerage, President, Broker, Management, Property Management


  • New York, United States Jones Lange Lasalle, Inc. Full time

    JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, Vice President, Brokerage, President, Broker, Management, Property Management


  • New York, NY, United States Metropolitan Transportation Authority Full time

    Description This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire. JOB TITLE: Assistant Vice President, Contracting Services AGENCY: Construction & Development DEPT/DIV: Contracts/Contracting Services REPORTS TO: Vice President, Contracting Services WORK...


  • New York, United States The Bank of America Corporation Full time

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders Vice President, President, Processing, Asset Manager, Management, Banking, Design, Benefits


  • New York, United States W3Global Inc. Full time

    Job DescriptionJob DescriptionRole Description:This is a full-time on-site role for a Vice President of Sales with our client in New York, NY. The Vice President of Sales will be responsible for leading sales teams, developing sales strategies, managing accounts, overseeing sales operations, and driving business development initiatives.Qualifications:Sales,...