Senior Reinsurance Consultant

1 week ago


Hopkins, Minnesota, United States Howden Group Holdings Full time


Howden Group Holdings is a leading global reinsurance broker and strategic advisor, dedicated to continuous innovation and exceptional analytics to deliver top-tier client service.


About the Role

Position: Reinsurance Broker

Location: Remote

Job Overview

Utilize advanced analytical tools to assess insurance and reinsurance portfolios. Analyze potential loss scenarios due to catastrophic events or excessive coverage. Review organizational records to ascertain the extent of insurance coverage on individual risks or groups of related risks. Collaborate with the broking team, actuaries, and catastrophe modelers to evaluate insurance risks effectively. Approve reinsurance policies when risks are deemed significant and reject those that are excessively risky. Develop post-placement documentation and prepare reinsurance submission materials. Monitor reinsurer quotes, authorizations, and communications diligently. Create impactful client presentations. Assess the effects of various reinsurance structures on significant losses and the financial health of insurance companies. Negotiate and finalize reinsurance treaties with clients. Address inquiries from rating agencies or regulatory bodies. Ensure timely reporting of accounting and claims processes. Construct loss models for historical loss evaluations. This position may require domestic travel up to 30% of the time as is customary for the role.

Qualifications


The ideal candidate should possess a Bachelor's degree or an equivalent qualification in Business, Mathematics, or a closely related discipline.

The candidate must have experience in the following areas:
(a)

Engaging with C-suite executives; (b) Developing and analyzing loss models for historical assessments; (c) Performing intricate market analyses; (d) Creating financial models for budget and expense forecasting; (e) Establishing and maintaining accounting and claims procedures and reports; and (f) Proficiently using the following tools/technologies:
Microsoft Office Suite, Microsoft Excel pivot tables, Microsoft Excel queries, Microsoft Excel advanced charts, Microsoft Power BI Pro, and Adobe Illustrator. All experience may be acquired concurrently.

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