Ceded Reinsurance Placement Lead

Markel; Chicago (IL); On-site; USD 59,000 - 122,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D

401(k)

Employee Stock Purchase Plan

PTO

Holidays

Parental leave

Job summary

Markel Group in Chicago seeks an experienced professional to own and manage ceded reinsurance placements across product lines. You will structure, place, and administer treaties while coordinating with underwriting leaders to align strategies with offerings.

You will build reinsurer relationships, manage timelines, ensure compliance, and support audits and data validation with Analytics. Travel and regulatory awareness are part of the role.

Qualifications

• Bachelor's degree required.
• 3–5 years in insurance/reinsurance or broking preferred.
• Senior Analyst 5+ years in insurance/reinsurance required.
• 1–2 years of reinsurance contract wording experience preferred at analyst level.
• 5+ years of reinsurance contract wording experience preferred at sr. analyst level.

Responsibilities

• Lead or assist with ceded reinsurance placements across product lines, including structuring, placement, and administration.
• Partner with underwriting leadership to align reinsurance strategies with product offerings.
• Build and maintain relationships with reinsurers and brokers.
• Manage placement timelines and ensure timely, well-communicated renewals.
• Ensure compliance with approved reinsurer lists and required documentation.
• Coordinate and lead underwriting and/or claims audits.
• Prepare submissions, including product overviews, contract wording, and data requirements.
• Collaborate with Data & Analytics to validate data and identify trends.
• Manage reinsurer inquiries and coordinate internal responses.
• Ensure contracts reflect agreed terms, meet standards, and are executed on time.
• Maintain compliance documentation (Risk Transfer, SOX, regulatory).
• Prepare post-placement materials (treaty summaries, schematics, executive summaries).
• Support internal education on reinsurance structures and strategy.
• Update systems to support reporting and digitization.
• Stay current on contract wording, regulatory changes, and market practices with Legal.
• Partner with accounting/processing teams to ensure accurate treaty implementation.
• Participate in special projects as needed.

Skills

Communication

Analytical

Project management

Reinsurance concepts

SOX compliance

Education

Bachelor's degree

Tools

Microsoft Office

Reporting tools

Job description

Markel Group in Chicago seeks an experienced professional to own and manage ceded reinsurance placements across product lines. You will structure, place, and administer treaties while coordinating with underwriting leaders to align strategies with offerings.

You will build reinsurer relationships, manage timelines, ensure compliance, and support audits and data validation with Analytics. Travel and regulatory awareness are part of the role.