Global Ceded Reinsurance Placement Lead

AXA XL

Stamford (CT)

On-site

USD 108,000 - 209,000

Full time

10 days ago

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Job summary

AXA XL, the P&C and specialty risk division of AXA, is seeking a Ceded Reinsurance Professional in Stamford, CT. You will support the placement process for key reinsurance placements, review contracts and negotiate terms to reflect negotiated coverage and market-leading conditions.

You will collaborate with underwriting, operations and risk management across AXA XL and AXA Group to ensure timely placement and alignment with risk appetite.

Qualifications

  • Reinsurance experience is essential for this role and prior Ceded Reinsurance exposure is highly beneficial.
  • Understanding of reinsurance contract wordings including formation and interpretation.
  • Ability to contribute to data and analytical tasks for large submission data sets.
  • Excellent verbal and written communication, collaboration and presentation skills.
  • Ability to work across a global team with robust cross-team collaboration.

Responsibilities

  • Support the placement process for key reinsurance placements (submission preparation, contract review, contract negotiation, handover to Ceded Re operations).
  • Participate in negotiations to secure competitive terms, structure and pricing.
  • Help ensure contracts reflect negotiated terms, comprehensive coverage and market leading terms and conditions.
  • Help ensure negotiations conclude successfully on or before treaty inception.
  • Contribute relationships inside and outside the enterprise to understand and foster business objectives.
  • Help ensure all related parties understand the programs, from operational through to underwriting.
  • Serve as a key member of the Ceded Reinsurance Placement Team.
  • Liaise & collaborate on an on-going basis with other Ceded Re teams and AXA XL/AXA Group stakeholders to encourage drive innovation and continuous improvement.
  • Participate in strategic projects, take on lead and back-up roles as deemed appropriate.
  • Stay up to date on coverage and legal trends to help ensure contracts protect the company from adverse or unexpected loss.

Skills

Reinsurance experience
Contract wording interpretation
Data analysis
Communication skills
Cross-functional collaboration

Job description

AXA XL, the P&C and specialty risk division of AXA, is seeking a Ceded Reinsurance Professional in Stamford, CT. You will support the placement process for key reinsurance placements, review contracts and negotiate terms to reflect negotiated coverage and market-leading conditions.

You will collaborate with underwriting, operations and risk management across AXA XL and AXA Group to ensure timely placement and alignment with risk appetite.

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