Consultant, Assumed Portfolio Enablement - Alternative Ventures

Job Conditions Overtime Eligibility: Not Eligible (Exempt). Job Description Summary Provides strategic and operational leadership for the assumed reinsurance portfolio within Alternative Ventures. This role partners closely with internal underwriting, finance, legal, actuarial, accounting, and external stakeholders to structure, negotiate, and execute assumed reinsurance arrangements that support portfolio growth, scalability, and operational excellence. Serves as a trusted advisor on complex reinsurance contracts, programs, and process matters while advancing consistent, efficient portfolio enablement practices. Key Responsibilities Drives the design, evaluation and negotiation of the assumed reinsurance contracts with emphasis on strategic language. Leads assumed contract review meetings with cross‑functional teams and external business partners. Provides guidance on treaty and facultative attachments and evolving portfolio needs. Drives consistent internal processes for facultative placements across the Alternative Ventures initiatives, including bordereaux reporting, loss attachment and accounting needs. Ensures compliance with company accounting and reporting standards, under strict guidelines, as provided by regulatory standards or internal requirements. Serves as business unit support for reinsurance data issues, including internal data extractions and analysis. Partners on process improvement initiatives. Develops and maintains assumed reinsurance portfolio procedures to ensure efficient and effective best practices. Provides analysis and support for assumed risk programs. Utilizes AI to streamline for efficiency and enhance contract language. Works independently while effectively engaging stakeholders as needed. Balances independent execution with proactive communication and collaboration. Maintains strong relationships with external customers or stakeholders including program managers, brokers, reinsurance counterparties and internal seams partners. Researches and analyzes complex assumed reinsurance regulatory, contractual, and operational issues and provides recommendations to business partners. Partners with AV program onboarding lead to stand up new assumed reinsurance programs/opportunities. Consults on special projects and requests. Serves as subject matter expert for assumed treaty interpretation, system set up and portfolio implications. May perform other responsibilities as assigned. Reporting Relationships Reports to Director, Assumed Risk Portfolio Enablement – Alternative Ventures. Typical Skills And Experiences Education Undergraduate studies in business administration, finance, accounting or a related field preferred. License/Certification/Designation Pursuit or attainment of insurance related designations such as CPCU, CLU, ARM, ARe preferred. Experience Typically, eight or more years of experience in reinsurance, insurance, or related risk transfer roles such as assumed reinsurance program underwriting, broker advisory, contract management or portfolio analytics. Reinsurance contract experience is strongly preferred. Project management experience is preferred. Exhibits strong autonomy in managing responsibilities and priorities with sound judgment. Reinsurance and/or commercial insurance (programs) industry experience preferred. Knowledge, Abilities and Skills Must have strong writing/communication skills, ability to prioritize and work independently to solve complex problems. The ideal candidate is able to apply systems‑thinking to understand and communicate processes. Learning ability is a must. Proven knowledge of risk management, insurance or assumed reinsurance practices. Thorough understanding of property, casualty, accident and health insurance coverages is a plus. Also, various insurance or reinsurance related accounting and finance practices, concepts, techniques. Has a good understanding of legal, actuarial, financial, sales, underwriting and claims policies and practices as they relate to insurance or reinsurance function. Strong analytical, technical and verbal/written communication abilities. Ability to implore systems thinking. Ability to manage multiple complex technical insurance/reinsurance issues simultaneously. Ability to negotiate and interpret reinsurance contract language. Strong decision-making and judgement. Project management skills. Other criteria, including leadership skills, competencies and experiences may take precedence. Values Regularly and consistently demonstrates the Nationwide Values. Working Conditions Normal office environment. ADA The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. Benefits We have an array of benefits to fit your needs, including medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro‑rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company‑paid pension plan, business casual attire, and more. Equal Opportunity Employer Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law. Location This position could be filled within any of the lower 48 U.S. states. Salary Range The national salary range for Consultant, Assumed Portfolio Enablement – Alternative Ventures : $97,000.00–$180,000.00 The expected starting salary range for Consultant, Assumed Portfolio Enablement – Alternative Ventures : $97,000.00 – $145,000.00 #J-18808-Ljbffr Nationwide