AVP, Ceded Reinsurance

1 month ago


Latham, United States AmTrust Financial Full time

AVP, Ceded Reinsurance Overview Assistant Vice President, Ceded Reinsurance of AmTrust - we are seeking a detail-oriented and analytical professional to join our team. This role is responsible for managing the ceded reinsurance process, ensuring accurate and efficient risk transfer. Responsibilities Treaty reinsurance administration - manage reinsurance procurement process for various company Business Units Lead treaty buyer on specific treaties as assigned Work with Business Units to create and develop optimal structure and placement strategy along with options and alternatives for senior management review Broad knowledge and experience with property, casualty, surety and other specialty insurance products Manage relationships with the brokers and reinsurance markets Provide contract oversight including negotiating and/or reviewing treaty wordings Ensuring that treaty purchases are consistent with corporate net retention strategy Maintaining reinsurance contract files and communicates treaty information Monitoring reinsurer and reinsurance intermediary financial status Adhering to reinsurance security guidelines Preparing reinsurance proposals Coordinating reinsurance audits with reinsurance intermediaries Work with internal and external audit for compliance Work with other colleagues and departmental heads to implement plans and policies throughout the organization Maintain awareness of the external/internal competitive landscape, opportunities for expansion, customers, markets, and new industry developments and standards In person and virtual marketing to reinsurers worldwide Qualifications Bachelor's Degree or equivalent experience 10 years+ industry experience with 5+ years of reinsurance experience High computer aptitude with strong MS PowerPoint and Excel skills Ability to clearly communicate objectives and understand and manage vast amounts of data in process Demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations Ability to multi-task and work effectively in a fast-paced team environment Strong negotiation skills and keen attention to detail An independent worker as well as a good team player who is resourceful and takes initiative Excellent interpersonal and communication skills #J-18808-Ljbffr