Reinsurance Analyst

EFG Companies; United States; On-site; USD 70,000 - 100,000; Full time

Job summary

EFG Companies in the United States is seeking a Reinsurance Analyst to support the operational and analytical work behind our F&I reinsurance programs, including VSC and GAP products. The role ensures data accuracy, regulatory compliance, and insightful reporting to guide strategic decisions.

You will set up and administer DOOCs and retro arrangements, coordinate with reinsurers and internal teams for renewals, and develop recurring and ad hoc performance reports.

Qualifications

• Bachelor's degree in finance, business, insurance, or a related field.
• 3-5 years of experience in insurance or reinsurance operations or analytics and 2-3 years in P&C insurance or within the F&I industry is required.
• Familiarity with F&I products such as VSC and GAP is a plus.
• Strong analytical and problem-solving skills with attention to detail.

Responsibilities

• Assist in the setup and administration of reinsurance structures including DOOCs, retro programs, and other F&I-specific arrangements.
• Coordinate with reinsurers, administrators, and internal teams for agreement tracking, renewals, and settlements.
• Support onboarding of new dealer reinsurance programs and provide ongoing operational assistance.
• Maintain organized documentation for audits, regulatory reviews, and internal reporting.
• Compile, validate, and analyze reinsurance data to assess program performance and profitability.
• Prepare recurring and ad hoc reports for internal stakeholders and dealer partners, highlighting key metrics and trends.
• Support financial modeling and forecasting related to reinsurance structures.

Skills

Analytical thinking

Attention to detail

Effective communication

Regulatory awareness

Collaboration

Education

Bachelor's degree in finance, business, insurance, or related field

Tools

Excel

Data visualization tools

Reinsurance platforms

Job description

The Reinsurance Analyst plays a key role in supporting the operational and analytical aspects of reinsurance programs tied to F&I products such as Vehicle Service Contracts (VSC) and GAP. This role assists in the setup, maintenance, and performance tracking of reinsurance structures, including dealer-owned reinsurance companies (DOOCs) and retro programs. The Analyst will collaborate cross-functionally to ensure data accuracy, regulatory compliance, and insightful analysis that supports strategic decision-making.

Key Responsibilities of the Reinsurance Analyst

Operational Support:

• Assist in the setup and administration of reinsurance structures including DOOCs, retro programs, and other F&I-specific arrangements.
• Coordinate with reinsurers, administrators, and internal teams for agreement tracking, renewals, and settlements.
• Support onboarding of new dealer reinsurance programs and provide ongoing operational assistance.
• Maintain organized documentation for audits, regulatory reviews, and internal reporting.

Analytical Responsibilities:

• Compile, validate, and analyze reinsurance data to assess program performance and profitability.
• Prepare recurring and ad hoc reports for internal stakeholders and dealer partners, highlighting key metrics and trends.
• Support financial modeling and forecasting related to reinsurance structures.
• Assist in evaluating the impact of regulatory changes and market developments on reinsurance performance.

Compliance & Collaboration:

• Ensure adherence to regulatory requirements and internal policies related to reinsurance and F&I products.
• Collaborate with Finance, Risk, Legal, Account Orders, and Sales teams to ensure alignment and data integrity.
• Monitor and summarize industry trends and regulatory updates relevant to F&I reinsurance.

Qualifications of the Reinsurance Analyst

• Bachelor's degree in finance, business, insurance, or a related field.
• 3-5 years of experience in insurance or reinsurance operations or analytics and having at least 2-3 years of experience in P&C Insurance or within the F&I industry is required.
• Familiarity with F&I products such as VSC and GAP is a plus.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Microsoft Excel; experience with data visualization tools or reinsurance platforms is a plus.
• Effective communication and collaboration skills.
• Analytical thinking and quantitative analysis
• Operational execution and accuracy
• Collaboration and relationship management
• Regulatory awareness specific to F&I
• Initiative and accountability
• Financial modeling and performance tracking