We are assisting a fast-growing Property & Casualty insurance company with their search for a Reinsurance Manager. This role oversees the company's ceded reinsurance function, including placement coordination, treaty administration, and cross-functional reporting within a complex fronting model.
- Schaumburg, IL (Hybrid)$150,000 - $180,000 + Bonus
Responsibilities: - Coordinate annual and mid-year reinsurance placement across XOL, quota share, catastrophe, stop-loss, and aggregate programs with brokers and internal stakeholders.
- Serve as the primary contact for reinsurance brokers and reinsurers; support submission preparation and review of proposed treaty terms.
- Manage treaty documentation, cession reporting, reconciliations, and settlement activities.
- Monitor contract compliance, track key treaty metrics, and escalate discrepancies as needed.
- Support Finance with reinsurance accounting, and compile documentation for audits, rating agencies, and regulatory submissions.
- Maintain reinsurer panel information and support MGA/MGU onboarding and program management.
Required Qualifications: - Bachelor's degree in Business, Risk Management, Finance, or a related field; CPCU, ARE, or CIP preferred.
- 7+ years of experience in ceded reinsurance and/or reinsurance operations.
- Strong knowledge of quota share and XOL structures, collateralized reinsurance, and treaty administration practices.
- Familiarity with NAIC, state DOI, and Bermuda regulatory environments; experience with reinsurance systems and treaty administration platforms.
If you meet the required qualifications and are interested in this role, please apply today.
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