Ceded Reinsurance Placement Specialist

Markel

Chicago (IL)

On-site

USD 59,000 - 122,000

Full time

14 days+

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Benefits offered by this job

Health insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
AD&D insurance
401(k) with employer match
Employee Stock Purchase Plan
PTO
Corporate holidays
Floating holidays
Parental leave

Job summary

Markel is seeking an experienced professional for the Ceded Reinsurance Placement team. The role oversees multiple treaty placements annually across product lines, with ownership of assigned reinsurance placements.

You will lead or assist with placements, coordinate audits, and ensure compliance with contract wording and regulatory standards, while collaborating with underwriting, accounting, and analytics teams to optimize outcomes.

Qualifications

  • Bachelor’s degree required.
  • 3–5 years in insurance/reinsurance or broking preferred.
  • 5+ years in insurance/reinsurance required for senior analyst.
  • Reinsurance contract wording experience preferred at analyst/senior levels.

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 renewals.
  • Coordinate and lead underwriting and/or claims audits.
  • Prepare submissions with product overviews, contract wording, and data requirements.
  • Collaborate with Data & Analytics to validate data and identify trends.
  • Partner with Legal to stay current on contract wording and regulatory changes.
  • Support internal education on reinsurance structures and strategy.
  • Update systems to support reporting and digitization.

Skills

Strong communication
Analytical thinking
Insurance/reinsurance knowledge
Contract wording understanding
Data & analytics collaboration

Education

Bachelor's degree

Tools

Microsoft Office
Reporting tools
SOX/compliance systems

Job description

Markel is seeking an experienced professional for the Ceded Reinsurance Placement team. The role oversees multiple treaty placements annually across product lines, with ownership of assigned reinsurance placements.

You will lead or assist with placements, coordinate audits, and ensure compliance with contract wording and regulatory standards, while collaborating with underwriting, accounting, and analytics teams to optimize outcomes.

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