Key duties (including, but not limited to):
- Understand and model complex reinsurance structures including sliding scale commissions, loss corridors, time-indexed fees, and collateral posting and release
- Gain familiarity with, and subsequently comment on, the efficacy of contract wording
- Evaluate key clauses in proposed reinsurance contracts with respect to the corresponding economic modeling of the transaction
- Perform and assist with underwriting audits
- Prepare ultimate loss projections on insurance and reinsurance portfolios
- Track market pricing, loss trends, rate trends and industry movements
- Review cessions statements received from brokers and cedants
Qualifications required:
- ACAS/FCAS credential, or otherwise strong competency in financial modeling
Experience required:
- 7+ years relevant P&C experience, ideally with exposure to reinsurance, treaty wording, and deal structuring