Ceded Reinsurance Placement Specialist

Markel

Red Bank (NJ)

On-site

USD 59,000 - 122,000

Full time

2 days ago
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Benefits offered by this job

Health, dental, and vision insurance
401(k) with employer match
Employee Stock Purchase Plan
Paid time off and holidays
Parental leave

Job summary

Markel Group in the United States is seeking a Ceded Reinsurance Professional to own and manage treaty placements across product lines. You will collaborate with underwriting and accounting teams, ensure timely renewals, and maintain reinsurer relationships.

The role requires a Bachelor’s degree, 3–5 years in insurance/reinsurance, and strong communication and analytical skills. Travel is 5–15% and the company offers robust benefits.

Qualifications

  • Strong communication and analytical skills required.
  • Bachelor's degree is required.
  • Proficiency with Microsoft Office and reporting tools.

Responsibilities

  • Lead or assist with ceded reinsurance placements across product lines.
  • 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 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

Strong communication
Analytical skills
Organizational skills
Project management

Education

Bachelor's degree

Tools

Microsoft Office
Reporting tools

Job description

Markel Group in the United States is seeking a Ceded Reinsurance Professional to own and manage treaty placements across product lines. You will collaborate with underwriting and accounting teams, ensure timely renewals, and maintain reinsurer relationships.

The role requires a Bachelor’s degree, 3–5 years in insurance/reinsurance, and strong communication and analytical skills. Travel is 5–15% and the company offers robust benefits.

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