AVP, Ceded Reinsurance

Vantage Risk Ltd.; Chicago (IL); On-site; USD 130,000 - 190,000; Full time

Benefits offered by this job

Performance-based bonus

Health benefits

Retirement plan

Flexible work environment

Job summary

Vantage Risk Ltd. in Chicago seeks an experienced AVP, Ceded Reinsurance to lead execution of the company’s ceded reinsurance programs and ensure regulatory compliance.

You will coordinate with internal and external stakeholders, maintain accurate records, and produce timely reports on ceded activity. The role requires deep knowledge of ceded arrangements, policy terms, and claims processes, with strong communication and analytical skills.

Qualifications

• Bachelor's degree in business, finance, or related field.
• Minimum 5–10 years in ceded reinsurance operations.
• Strong knowledge of treaty and facultative reinsurance, loss reserves, and claims.
• Excellent communication and interpersonal skills.
• Analytical and detail-oriented with strong problem-solving.
• Proficiency in Microsoft Excel and PowerPoint.

Responsibilities

• Provide support to Ceded team’s management of the execution of the company's ceded reinsurance programs, including coordination with internal and external stakeholders.
• Maintain an understanding of ceded reinsurance arrangements, policy terms, contract provisions, and claims processes for pre-placement and post-placement activities.
• Develop strong relationships with reinsurance brokers, business units, finance, legal, and other stakeholders to ensure effective execution.
• Ensure all ceded reinsurance activities follow regulatory requirements, with proper documentation and reporting.
• Partner with reinsurance brokers throughout placement lifecycle, including submission prep, market strategy, terms negotiation, contract wording review, and binding.
• Provide timely and accurate reports on ceded reinsurance activities and status, including placement documentation.
• Continuously monitor and analyze ceded reinsurance processes, identify opportunities for improvement.

Skills

Reinsurance knowledge

Communication skills

Analytical thinking

Team collaboration

Attention to detail

MS Office proficiency

Independent work

Education

Bachelor's degree in business/finance or related field

CPCU/ARM/ARe preferred

Tools

Excel

PowerPoint

MS Office

Job description

About the role

Vantage is seeking an, AVP, Ceded Reinsurance to manage execution of the company's ceded reinsurance programs. Reporting to the VP, Ceded Reinsurance, you will coordinate ceded reinsurance activities with internal and external stakeholders, ensure compliance with regulatory requirements, maintain accurate and up to date records, and provide timely and accurate reports.

You will maintain a deep understanding of the company's ceded reinsurance arrangements, including policy terms, contract provisions, and claims processes, and build strong working relationships with business units, finance, legal, and reinsurance brokers to keep ceded reinsurance transactions running smoothly.

The base salary range for this position is $130,000 to $190,000. Actual base salary for the selected candidate will be commensurate with experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plan, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities & Accountabilities

• Provide support to Ceded team’s management of the execution of the company's ceded reinsurance programs, including coordination with internal and external stakeholders to ensure effective communication and collaboration.


• Maintain a deep understanding of the company's ceded reinsurance arrangements, including policy terms, contract provisions, and claims processes for pre-placement and post-placement activities.


• Develop strong relationships with reinsurance brokers, business units, finance, legal, and other stakeholders to ensure effective and efficient execution of ceded reinsurance transactions.


• Ensure that all ceded reinsurance activities follow regulatory requirements, including maintaining appropriate documentation and reporting as necessary.


• Partner directly with reinsurance brokers throughout the placement lifecycle, including submission preparation, market strategy, terms negotiation, contract wording review, and binding.


• Provide timely and accurate reports on the company's ceded reinsurance activities and status, including the creation and communication of placement documentation to all relevant internal stakeholders.


• Continuously monitor and analyze the company's ceded reinsurance processes, identifying opportunities for improvement.

Ideal Candidate Profile

• Bachelor's degree in business, finance, or a related field, or equivalent professional experience preferred.


• Minimum of 5 to 10 years of experience in ceded reinsurance operations, preferably in a property and casualty insurance environment.


• Strong knowledge of reinsurance concepts and practices, including treaty and facultative reinsurance, loss reserve calculations, and claims management.


• Excellent communication and interpersonal skills, with a proven ability to build and maintain relationships with internal and external stakeholders.


• Strong analytical and problem-solving skills, with a focus on attention to detail and accuracy.


• Proficiency in Microsoft Office applications, particularly Excel and PowerPoint.


• Ability to work independently and as part of a team, managing multiple priorities and deadlines effectively.


• Professional designation such as CPCU, ARM, or ARe preferred, but not required.

Our Vantage Values

Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities.
Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined.
We’re Better Together – collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally.
Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself.
Make A Difference – focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission.