Ceded Reinsurance Analyst

Accelerant

11d

About The Position

The Ceded Reinsurance Analyst supports reinsurance treaty placement, contract management, facultative placement, SOX controls, and preparation of reinsurance data for audits. The role works with actuaries, underwriting teams, reinsurance operations, finance, legal, and other teams, and contributes to implementing reinsurance and contract-management platforms.

Requirements

Bachelor’s degree.
At least 3 years of experience in ceded reinsurance or insurance.
Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.
Understanding of reinsurance structures, including proportional, non-proportional, and facultative reinsurance, 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 skills and ability to collaborate in person and virtually.
Strong organizational skills and ability to prioritize multiple tasks.

Responsibilities

Prepare quarterly SOX control reports and collect supporting evidence for contract management, reinsurance credit ratings, and reinsurance contract main terms.
Liaise with actuaries regarding the Risk Transfer report required for controls.
Improve the efficiency of existing controls and help develop new controls, including reviewing information provided by Reinsurance Operations when a new reinsurance platform is live.
Request information from other teams to prepare submissions to reinsurance markets and review final submission packs.
Prepare resumes, schematics, and other reports, such as sliding-scale reports.
Support preparation of TO BOOK emails for Finance and Reinsurance Operations, and add information to the platform when the new reinsurance application is working.
Maintain accurate records of reinsurance contracts, endorsements, and correspondence in folders.
Work with the team implementing Ironclad, the contract-management tool.
Start the signature process for documents when Ironclad is fully operational.
Assist in preparing reinsurance data for internal and external audits.
Liaise with underwriters and MRDs to ensure Accelerant policies and procedures are followed for facultative placements.
Review facultative placement contracts and endorsements and share them with Legal.
Share completed facultative placements with Reinsurance Operations.