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Reinsurance Placement Analyst / Sr. Reinsurance Placement Analyst

Markel

This role is part of the Ceded Reinsurance Placement team and is responsible for multiple treaty placements annually across various product lines, with full ownership of assigned reinsurance placements. Job Responsibilities Lead or assist with ceded reinsurance placements across product lines, including structuring, placement, and administration. Partner with underwriting leadership to align reinsurance strategies with product offerings. Build and maintain relationships with reinsurers and brokers. Manage placement timelines and ensure timely, well‑communicated renewals. Ensure compliance with approved reinsurer lists and required documentation. Coordinate and lead underwriting and/or claims audits. Prepare submissions, including product overviews, contract wording, and data requirements. Collaborate with Data & Analytics to validate data and identify trends. Manage reinsurer inquiries and coordinate internal responses. Ensure contracts reflect agreed terms, meet standards, and are executed on time. Maintain compliance documentation (Risk Transfer, SOX, regulatory). Prepare post‑placement materials (treaty summaries, schematics, executive summaries). Support internal education on reinsurance structures and strategy. Update systems to support reporting and digitization. Stay current on contract wording, regulatory changes, and market practices with Legal. Partner with accounting/processing teams to ensure accurate treaty implementation. Participate in special projects as needed. Education Bachelor’s degree required. Certifications ARE, CPCU, ARM preferred. Work Experience Analyst: 3–5 years in insurance/reinsurance or broking preferred. 1–2 years of reinsurance contract wording experience preferred. Senior Analyst: 5+ years in insurance/reinsurance required; 5+ years of reinsurance contract wording experience preferred. Title varies based on experience level. Core Competencies Strong communication, customer service, and organizational skills. Analytical knowledge of insurance, reinsurance accounting, and actuarial concepts. Proficiency in Microsoft Office and reporting tools. Ability to manage multiple projects and improve processes across teams. Understanding of reinsurance structures (XOL, RPP, Aggregate, QS) and contract wording. Catastrophe modeling knowledge preferred. Highly organized and deadline‑driven. Work Environment 5–15% travel depending on role and treaty placement needs. Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay Information Base salary offered for the Reinsurance Placement Analyst is $62,400 – $85,800 with 12% incentive. For the Sr. Reinsurance Placement Analyst, base salary is $78,000 – $107,250 with 15% incentive. Benefits Health, dental, and vision insurance plan options with optional life, disability, and AD&D insurance. 401(k) with employer match contributions. Employee Stock Purchase Plan. Paid time off, corporate holidays, and floating holidays. Parental leave. Equal Opportunity Employment Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic, including but not limited to race, color, sex, religion, creed, national origin, ancestry, age, disability, sexual orientation, gender identity, genetic information, medical condition, citizenship status, pregnancy, marital status, military or veteran status, and other characteristics protected by law. #J-18808-Ljbffr

Vacancy posted 10 hours ago
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