Hybrid Ceded Reinsurance Operations Analyst

Sompo Holdings, Inc.; New York (NY); Hybrid; USD 75,000 - 130,000; Full time

Benefits offered by this job

Medical plans: PPO & HSA

Dental & Vision benefits

401(k) Retirement Plan

Paid time off & Holidays

Parental Leave & Adoption Assistance

Job summary

Sompo Holdings, Inc. is seeking a Ceded Reinsurance Operations Analyst to join our Ceded Reinsurance team in a hybrid role based in New York City or Morristown, NJ. You will manage ceded contract placements, code in FSRI, and ensure data accuracy across accounts.

The ideal candidate has 5+ years in reinsurance, strong communication skills, and proficiency with MS Office; FSRI or SAP experience is preferred. This role offers competitive base pay and a comprehensive benefits package.

Qualifications

• Minimum 5 years of related work experience in reinsurance and reinsurance concepts.
• Excellent communication and interpersonal skills, with the ability to work collaboratively across teams and functions.
• Highly organized and self-motivated, with a proven ability to prioritize projects and meet deadlines.
• Strong analytical acumen and logical problem-solving abilities.
• Proficiency in Microsoft Office Suite; experience with FSRI or SAP preferred.

Responsibilities

• Manage ceded contract placements and set up ceded contract information in the sub-ledger system (FSRI).
• Collaborate with the Buying team to ensure accurate coding in FSRI in accordance with contract wording.
• Coordinate reconciliation with the accounting team to confirm ceded results align with reinsurance terms for global businesses.
• Conduct analysis and develop solutions for issues raised by ceded accounting and other departments related to ceded system calculations.
• Maintain and develop routine controls to ensure accuracy of ceded financials as calculated by the system.

Skills

Communication

Analytical

Organization

MS Office

Reinsurance basics

Education

Undergraduate degree or equivalent experience

Tools

FSRI

SAP

Job description

Sompo Holdings, Inc. is seeking a Ceded Reinsurance Operations Analyst to join our Ceded Reinsurance team in a hybrid role based in New York City or Morristown, NJ. You will manage ceded contract placements, code in FSRI, and ensure data accuracy across accounts.

The ideal candidate has 5+ years in reinsurance, strong communication skills, and proficiency with MS Office; FSRI or SAP experience is preferred. This role offers competitive base pay and a comprehensive benefits package.