Reinsurance Underwriting Manager

MSIG Holdings•New York City, NY

5d•Hybrid

About The Position

The Reinsurance Underwriting Manager is a senior individual contributor responsible for structuring, negotiating, and placing ceded reinsurance (treaty and facultative as applicable) and for partnering with underwriting leaders to ensure the reinsurance program supports profitable growth, capital efficiency, and risk appetite. The role requires strong market credibility, excellent judgment, and the ability to independently drive negotiations, manage broker relationships, and review/approve reinsurance contract wording to protect the company’s interests.

Requirements

Bachelor’s degree required (Business, Finance, Risk Management, Insurance, Actuarial, or related field).
15+ years of progressive reinsurance experience in P&C (ceded treaty and/or facultative; broker-facing negotiation required).
Demonstrated ability to independently lead complex negotiations and finalize contract wording with minimal oversight.
Strong understanding of reinsurance structures and key contractual terms/clauses (proportional and non-proportional; collateral considerations as applicable).
Expert negotiation, influence, and stakeholder management skills; comfortable operating with senior executives and external market partners.
Advanced contract/wording review capability: ability to identify ambiguity, manage clause negotiation, and reduce unintended exposures.
Strong analytical skills (portfolio impact, pricing/structure tradeoffs, aggregation/cat considerations as available in your org).
Organized, detail-oriented, and able to manage multiple timelines and negotiations concurrently under pressure.
Strong written and verbal communication; able to create clear executive-ready summaries and negotiation rationales.

Nice To Haves

Professional designations such as CPCU, ARe, or equivalent reinsurance education.
Experience working closely with reinsurance accounting/operations and understanding downstream implications of wording and structure.

Responsibilities

Lead ceded treaty negotiations and placements to secure capacity and efficient terms aligned with underwriting needs and market conditions.
Negotiate and finalize terms for assumed and/or related-party treaty arrangements as applicable to the organization’s structure and guidelines.
Coordinate and ensure timely delivery of materials supporting negotiations (e.g., loss, premium, catastrophe/aggregation summaries, operational overviews), driving the full renewal/placement workflow end-to-end.
Manage day-to-day strategic relationships with reinsurance brokers and reinsurers, representing the company with credibility, professionalism, and a “trusted counterparty” presence.
Oversee reinsurer selection and security considerations in partnership with governance forums/committees (and consistent with applicable regulatory requirements).
Review, negotiate, and approve treaty/facultative wording, endorsements, schedules, and related contract documentation to ensure clarity, enforceability, and alignment with intended coverage.
Ensure outward reinsurance contracts respond as expected by identifying and escalating coverage gaps, exclusions, sublimits, cancellation provisions, collateral terms, and other key clauses that could create adverse outcomes.
Apply disciplined checklist-based review practices for facultative placements (e.g., verifying declaration details, evidence of cover, required signatures, and consistency of terms).
Provide expert guidance to underwriting leadership on treaty alignment, facultative utilization, retention strategy, and escalation decisions for complex or high-severity risks.
Act as a subject matter expert supporting internal stakeholders on complex reinsurance booking, payment/collection considerations, and reinsurance-related claim/reporting workflows.