Manager, Ceded Reinsurance
SageSure · Chicago, IL · 3 wk ago
Finance$5/hrFull-time
About the role
SageSure, a leader in catastrophe-exposed property insurance, is seeking a Manager to support and lead Ceded Reinsurance placements from start to finish. This role offers the opportunity to make a meaningful impact on the business through supporting reinsurance placement strategy, structuring, cat bond and sidecar issuances, business planning, financial analysis, and Carrier Partner mandates.
Responsibilities
- Support some and lead other end-to-end reinsurance placements, including strategy, execution, and follow-through with brokers, internal teams, and executive leadership
- Catastrophe bond and sidecar diligence efforts, managing requests and facilitating collection and delivery of Agreed-Upon Procedures (AUP) and supporting documentation to external legal counsel
- Internal and affiliated captive mandates, as well as risk transfer and capital strategies, ensuring alignment with corporate objectives
- Partner with Carrier Partners, including coordination with Carrier Presidents and Underwriting Oversight Committees, to communicate strategy, placement structure, and results
- Develop renewal marketing presentations, workbooks, and supporting materials for reinsurance markets, including the collection and validation of required data
- Maintain comprehensive documentation of reinsurance and third-party capital transactions, and build a Ceded Reinsurance Center of Excellence to centralize key records, facilitate document sharing, and ensure internal and external access to critical materials
- Track meeting materials, notes, action items, and next steps for broker and market meetings, coordinating scheduling and follow-up
- Collaborate cross-functionally with underwriting, claims, finance, legal, and other internal teams to ensure proper application and operational understanding of reinsurance contracts
- Perform ad hoc analysis, reporting, and special projects in support of reinsurance placements and broader strategic initiatives
Requirements
- 2-5 years of experience at a reinsurance broker, reinsurer, buyer of reinsurance, or similar, with hands-on exposure to placements and capital solutions
- Demonstrated ability to lead complex reinsurance placements from start to finish, including planning, execution, and follow-up
- Strong organizational and project management skills, with the ability to prioritize multiple workstreams, track deadlines, and manage stakeholders effectively
- Excellent analytical capabilities, sound business judgment, and a strategic mindset
- Strong PowerPoint and Excel skills, including data analysis, exhibit creation, and presentation formatting
- Exceptional attention to detail, including the ability to take and organize comprehensive notes and maintain accessible records for senior leadership
- Confidence to independently manage challenging assignments while collaborating effectively with internal teams and external partners
Qualifications
- Bachelor’s degree
- Highly preferred candidates also have:
- A degree in actuarial science, finance, economics, or another quantitative discipline
- Experience with contracts, including review, execution, or operational application of reinsurance agreements
- Relevant professional certifications such as the Associate in Reinsurance (ARe), CPCU, or similar designations
- Experience in building processes or knowledge management systems, or other document/data repositories for internal and external stakeholders
Skills
- Proven reinsurance experience
- Strong organizational and project management skills
- Excellent analytical and business judgment
- Strong PowerPoint and Excel skills
- Exceptional attention to detail
- Confidence to independently manage challenging assignments
Benefits
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