Reinsurance Placement Analyst / Sr. Reinsurance Placement Analyst

Markel•Richmond, VA

1d•$62,400 - $107,250•Onsite

About The Position

This role is part of the Ceded Reinsurance Placement team and is responsible for multiple treaty placements annually across various product lines, with full ownership of assigned reinsurance placements. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special!

Requirements

Bachelor’s degree required
Analyst: 3–5 years in insurance/reinsurance or broking preferred
Senior Analyst: 5+ years in insurance/reinsurance required
1-2 years of reinsurance contract wording experience preferred at analyst level
5+ years of reinsurance contract wording experience preferred at sr. analyst level
US Work Authorization required.
Strong communication, customer service, and organizational skills
Analytical knowledge of insurance, reinsurance accounting, and actuarial concepts
Proficiency in Microsoft Office and reporting tools
Ability to manage multiple projects and improve processes across teams
Understanding of reinsurance structures (XOL, RPP, Aggregate, QS) and contract wording
Highly organized and deadline-driven

Nice To Haves

ARE, CPCU, ARM preferred
Catastrophe modeling knowledge preferred

Responsibilities

Lead or assist with ceded reinsurance placements across product lines, including structuring, placement, and administration.
Partner with underwriting leadership to align reinsurance strategies with product offerings.
Build and maintain relationships with reinsurers and brokers.
Manage placement timelines and ensure timely, well-communicated renewals.
Ensure compliance with approved reinsurer lists and required documentation.
Coordinate and lead underwriting and/or claims audits.
Prepare submissions, including product overviews, contract wording, and data requirements.
Collaborate with Data & Analytics to validate data and identify trends.
Manage reinsurer inquiries and coordinate internal responses.
Ensure contracts reflect agreed terms, meet standards, and are executed on time.
Maintain compliance documentation (Risk Transfer, SOX, regulatory).
Prepare post-placement materials (treaty summaries, schematics, executive summaries).
Support internal education on reinsurance structures and strategy.
Update systems to support reporting and digitization.
Stay current on contract wording, regulatory changes, and market practices with Legal.
Partner with accounting/processing teams to ensure accurate treaty implementation.
Participate in special projects as needed.