Jobs · Business Development · California

Managing Director, Ceded Reinsurance

Corebridge Financial · Los Angeles, California, United States · 3 wk ago
Business Development$35k–$400k/yrFull-time

About Us

At Corebridge Financial, we believe action is everything. Every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. Our culture is defined by the following core pillars:

  • We are stronger as one: Collaborate across the enterprise, scale what works, and act decisively for our customers and partners.
  • We deliver on commitments: Be accountable, empower each other, and go above and beyond for our stakeholders.
  • We learn, improve, and innovate: Challenge the status quo and equip ourselves for the future.
  • We are inclusive: Embrace different perspectives, enabling colleagues to make an impact and bring their whole selves to work.

Responsibilities

Strategic Reinsurance Leadership

  • Develop and execute the enterprise ceded reinsurance strategy, identifying and structuring opportunities that optimize profitability, capital efficiency, and risk management across all lines of business.
  • Partner with business leaders to align reinsurance solutions with strategic, financial, and growth objectives while advancing the long-term interests of the enterprise.

Transaction Execution & Governance

  • Lead the negotiation, execution, administration, and ongoing governance of reinsurance agreements, ensuring operational effectiveness, compliance, and alignment with enterprise priorities.
  • Drive continuous improvement of reinsurance processes, controls, and infrastructure to support efficient execution and oversight.

Reinsurer, Regulatory & Industry Leadership

  • Serve as the primary executive relationship manager for reinsurers, regulators, industry associations, and key external stakeholders, strengthening partnerships and protecting the company's strategic interests.
  • Monitor and steward reinsurer performance, contractual obligations, and market relationships to support sustainable business outcomes.

Bermuda & Affiliate Reinsurance Oversight

  • Provide strategic and governance oversight of affiliate and offshore reinsurance entities, including Bermuda operations, regulatory engagement, board responsibilities, and risk management.

Enterprise Leadership & Ways of Working

  • Lead, develop, and retain a high-performing team while driving succession planning, leadership development, and an inclusive culture that unlocks talent and enterprise capability.
  • Demonstrate Corebridge's Ways of Working by driving enterprise thinking, collaborating with intent, delivering results, fostering innovation, and making sound decisions in complex and dynamic environments.

Requirements

  • 10+ years of related experience with the ability to deal with complex accounts.
  • Progressive experience in managing teams and significant reinsurance transactions.
  • Reinsurance transaction sourcing and structuring expertise.
  • Proven experience developing and executing multi-year roadmaps.
  • Demonstrated ability to effectively lead, inspire, and develop a diverse, matrixed team of highly accomplished professionals.
  • Bachelor’s Degree required. Master’s Degree and/or other insurance designations preferred.
  • Clear and accessible communicator, influencer, and facilitator.
  • Strong knowledge of the relevant reinsurer marketplace, including alternate solutions.
  • Maintain market relationships in order to identify and facilitate placement and resolve issues.

Pay

For positions based in New York, NY and Woodland Hills, CA, the base salary range is $350,000–$400,000. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately depend on multiple factors, including the candidate’s geographic location, skills, experience, and other qualifications. In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

This role is deemed a “covered associate” under SEC Rule 206(4)-5. Candidates for the role must not have made any political contributions that would disqualify the candidate or Corebridge Financial from conducting business under federal or state pay-to-play regulations. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Benefits

  • Health and Wellness: Medical, dental, and vision insurance plans, as well as mental health support and wellness initiatives.
  • Retirement Savings: Competitive 401(k) Plan with a dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (vests immediately).
  • Employee Assistance Program: Confidential counseling services and resources.
  • Matching Charitable Donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
  • Volunteer Time Off: Up to 16 volunteer hours annually to support community activities.
  • Paid Time Off: Eligible employees start with at least 24 Paid Time Off (PTO) days.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s), and Company policy.

Schedule

Estimated travel: Up to 25%.

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