Vice President of Ceded Reinsurance Operations

2 days ago


United States Trisura Guarantee Insurance Company Full time

At Trisura, we expect more because we believe it can be done better.

We are a young, growth oriented team with a commitment to exceptional talent and have been named one of Canada's Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position and development opportunities ensure that our people see the results of their commitment reflected in the company's success.

We are currently seeking a qualified individual for the following opportunity.

Vice President of Ceded Reinsurance Operations

Reporting to the Senior Vice President, Ceded Reinsurance, Trisura Group; the Vice President of Ceded Reinsurance Operations, Trisura Group, is responsible for overseeing the operational and post placement activities of Trisura Group's ceded reinsurance function.

Key responsibilities include building out an enterprise-wide platform for reinsurance operations and maintaining oversight for over $1.5B in ceded premiums. The successful candidate will have a thorough knowledge of ceded reinsurance, enterprise risk management, and leading a team with the desire to work in a fast-paced and growing company.

Responsibilities:

  • Develop and oversee operationalization of reinsurance treaties
  • Ensure treaty compliance and adherence to contractual terms
  • Forecast reinsurer exposure and management of collateral levels
  • Perform on-going due diligence of reinsurers to assess counterparty risk
  • Oversee reporting to reinsurers/brokers
  • Partner with Treasury to forecast cashflow requirements
  • Coordinate with Finance, Actuarial, Legal and Reinsurance Placement teams
  • Stakeholder management, including C-Suite and reinsurers/brokers

Qualifications:

  • Deep understanding of reinsurance markets, contractual terms, and risk transfer
  • Minimum 10 years of experience in reinsurance operations
  • Strong analytical and problem-solving skills, demonstrated strategic planning ability
  • Strong financial acumen and experience with financial data management
  • Effective communication skills at all levels of the organization.
  • Minimum of a Bachelor's degree in Finance, Risk Management, or Accounting

If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you

Here at Trisura, we are committed to an inclusive and barrier-free workplace that reflects diversity. Accommodation will be provided on request for candidates taking part in all aspects of our recruitment and selection process. All qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, disability or protected veteran status.

Trisura offers a comprehensive benefit package that includes medical, dental, and vision insurance, as well as 401(k) with company match and Employee Stock Purchase Plan.

If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you

We are committed to an inclusive and barrier-free workplace that reflects the diversity in each of our offices across Canada. Accommodations will be provided on request for candidates taking part in all aspects of our recruitment and selection process.

We thank all candidates for their interest however only those selected for an interview will be contacted.

Trisura, headquartered in the heart of Canada's financial district, is a specialty lines insurer with a focus on Surety, Specialty Insurance, Property & Casualty, and Warranty products.

Trisura brings innovative solutions and expertise through a select network of both national and regional brokerage firms.

The company, founded in 2006, and operating across North America with offices in Toronto, Ottawa, Halifax, Montréal, Calgary, Vancouver, Stamford. Denver, Chicago, Philadelphia and Oklahoma City, is uniquely positioned to satisfy all varieties of risk in Contract, Commercial and Developer Surety, Directors' and Officers' Liability, Fidelity, and Professional Liability including Media Liability, as well as Warranty products.



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