USA remote
Ceded Reinsurance Analyst
About this role
Responsibilities - SOX CONTROLS (quarterly): o Prepare report for the contract management control – get evidence. o Prepare report for the reinsurance credit rating – get evidence. o Prepare report for the reinsurance contract main terms control – get evidence. o Liaise with actuaries about Risk Transfer report needed for the control. o Improve controls for efficiency and work on new controls as needed (example: assist by reviewing information given by Reinsurance Ops when new Reinsurance platform is live).
- ASSIST IN THE REINSURANCE TREATY PLACEMENT o Request information from other teams to prepare the submission to markets – review the final submission pack; o Prepare resumes and schematics (other reports like sliding scale that are currently in excel file which hopefully are going to be in the new reinsurance platform). o Support to prepare TO BOOK email for finance/ RI ops (when new reinsurance app is working support by adding info into the platform) - CONTRACT MANAGEMENT o Maintain accurate records of reinsurance contracts, endorsements, and correspondence (save in folders).
o Work with the team that is implementing ironclad (contract management tool). o When IronClad is up and running 100%: start the signature process of all documents. - Assist in preparation of reinsurance data for internal and external audits. - FACULTATIVE PLACEMENT: o Liaise with UWs/MRDs to ensure Accelerant policy and procedures are being followed. o Review documents (contract/endorsements) and share it with legal.
o Once placement is done share with reinsurance ops. Skills and Experience - Bachelor’s degree. - Minimum of 3 years of experience in Ceded Reinsurance / Insurance. - Proficiency in MS office skills (excel, word and PowerPoint). - Understanding of reinsurance structures (e.g., proportional, non-proportional, facultative), 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, collaboration both in person and virtual. - Strong organizational skills with the ability to prioritize multiple tasks. About Accelerant Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone.