Jobs · Finance · New York

Reinsurance Underwriting Manager

MSIG USA · New York, NY · 2 wk ago
HybridFinance$150k–$185k/yrFull-time

Essential Duties & Responsibilities

  • Lead ceded treaty negotiations and placements to secure capacity and efficient terms aligned with underwriting needs and market conditions.
  • Negotiate and finalize terms for assumed and/or related-party treaty arrangements as applicable to the organization’s structure and guidelines.
  • Coordinate and ensure timely delivery of materials supporting negotiations (e.g., loss, premium, catastrophe/aggregation summaries, operational overviews), driving the full renewal/placement workflow end-to-end.
  • Manage day-to-day strategic relationships with reinsurance brokers and reinsurers, representing the company with credibility, professionalism, and a “trusted counterparty” presence.
  • Oversee reinsurer selection and security considerations in partnership with governance forums/committees (and consistent with applicable regulatory requirements).
  • Review, negotiate, and approve treaty/facultative wording, endorsements, schedules, and related contract documentation to ensure clarity, enforceability, and alignment with intended coverage.
  • Ensure outward reinsurance contracts respond as expected by identifying and escalating coverage gaps, exclusions, sublimits, cancellation provisions, collateral terms, and other key clauses that could create adverse outcomes.
  • Apply disciplined checklist-based review practices for facultative placements (e.g., verifying declaration details, evidence of cover, required signatures, and consistency of terms).
  • Provide expert guidance to underwriting leadership on treaty alignment, facultative utilization, retention strategy, and escalation decisions for complex or high-severity risks.
  • Act as a subject matter expert supporting internal stakeholders on complex reinsurance booking, payment/collection considerations, and reinsurance-related claim/reporting workflows.

Required Qualifications

  • Bachelor’s degree required (Business, Finance, Risk Management, Insurance, Actuarial, or related field).
  • 15+ years of progressive reinsurance experience in P&C (ceded treaty and/or facultative; broker-facing negotiation required).
  • Demonstrated ability to independently lead complex negotiations and finalize contract wording with minimal oversight.
  • Strong understanding of reinsurance structures and key contractual terms/clauses (proportional and non-proportional; collateral considerations as applicable).
  • Expert negotiation, influence, and stakeholder management skills; comfortable operating with senior executives and external market partners.
  • Advanced contract/wording review capability: ability to identify ambiguity, manage clause negotiation, and reduce unintended exposures.
  • Strong analytical skills (portfolio impact, pricing/structure tradeoffs, aggregation/cat considerations as available in your org).
  • Organized, detail-oriented, and able to manage multiple timelines and negotiations concurrently under pressure.
  • Strong written and verbal communication; able to create clear executive-ready summaries and negotiation rationales.
  • Preferred professional designations such as CPCU, ARe, or equivalent reinsurance education.
  • Experience working closely with reinsurance accounting/operations and understanding downstream implications of wording and structure.

Salary

The base pay range is $150,000.00 - 185,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Additional Benefits

  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans
  • Additional Benefit Programs
  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

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