VP, Reinsurance

Palomar•La Jolla, CA

2d•$170,000 - $255,000

About The Position

We are Hiring! VP, Reinsurance Location: La Jolla, CA The Details: We are seeking a driven, insightful, and collaborative VP, Reinsurance to support and further Palomar’s growth as it expands and diversifies its business. As VP, Reinsurance, you will report directly to EVP, Ceded Reinsurance and will work closely with senior leaders of the Risk Management, Underwriting, Actuarial and Programs teams to lead and execute various reinsurance placements in alignment with the risk transfer objectives of the company. Successful candidates will be those who can navigate market dynamics, foster strong relationships, and apply a strategic framework to the assessment of reinsurance needs and priorities. The ability to work independently and communicate effectively in a consultative and collaborative manner is critical to the role.

Requirements

Bachelor’s degree or graduate degree required
5+ years of professional experience in the insurance industry, with strong leadership potential and business relationship skills to build trust and respect
Has experience leading reinsurance program design, analysis, placement, and execution specifically across various Casualty segments
Manage multiple projects and tasks concurrently with effective time management skills to meet fixed deadlines
Strong collaboration skills to ensure effective alignment among diverse teams, including appointed reinsurance broking teams
Excellent financial and reinsurance coverage acumen
Executive presence and ability to communicate with, influence, and manage stakeholders, including C-level executives
Highly developed analytical, decision-making, and strategic thinking skills with keen attention to detail
25% travel
Build strong relationships through transparency, trust, and respect for each other.
Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
Do the right thing with strong conviction and integrity.
Be bold and innovative to help make an impact.
Demonstrable track record of working autonomously and driving progress
Be intellectually curious, think creatively, and pragmatic

Responsibilities

Collaborate with various leaders and stakeholders in the analysis, marketing, placement and administration of multiple reinsurance treaties that achieve the company’s risk transfer objectives for individual lines of business and across the portfolio
Oversee the buying process of risk transfer solutions consisting of pro rata and excess of loss reinsurance treaties for both property and casualty lines of business. Some treaties will be program specific and others will cover a broader grouping of subject business
Consult with the company’s Program & Fronting division and Actuarial leads regarding program evaluation, development and enhancement of program-specific reinsurance placements
Coordinate with Reinsurance, Risk Management, Finance and Operations teams to ensure reinsurance programs are appropriately integrated with the company’s operations and meet company objectives
Develop and maintain relationships with reinsurance brokers and underwriters