Reinsurance Specialist - Program Business

Obsidian; New York (NY); On-site; USD 100,000 - 180,000; Part time

Job summary

Mercor is seeking specialists to design realistic treaty and facultative reinsurance scenarios and evaluate model outputs against market standards. You will craft analyses, contract summaries, and risk-transfer plans while grading AI-generated responses for accuracy and realism.

You will identify cedent, reinsurer, broker, MGA and fronting responsibilities, and contribute feedback to shape forward-looking AI behavior and onboarding materials.

Qualifications

• 2+ years of professional experience in reinsurance, program business, delegated authority, or related areas.
• Understanding of treaty or facultative reinsurance, MGAs, or fronting programs.
• Ability to identify responsibilities of cedents, reinsurers, brokers, MGAs, and insureds.
• Strong written reasoning, commercial judgment, and attention to detail.
• Ability to distinguish reinsurance decisions from underwriting and claims adjudication.

Responsibilities

• Design realistic scenarios involving treaty and facultative reinsurance, attachments, cessions, recoverables, and fronting.
• Create analyses and summaries of structures, contracts, and risk-transfer considerations.
• Write reference responses at experienced reinsurance quality and program-business standards.
• Grade AI outputs against rubrics for accuracy and market realism.
• Provide written feedback to support model improvement; participate in onboarding sessions.

Skills

Reinsurance

Program business

Delegated authority

Fronting

Captive insurance

Alternative risk transfer

Education

Reinsurance designations (CPCU/ARe/ARM/ACAS/FCAS)

Job description

About the Role

Mercor is partnering with a leading AI lab to train frontier models on high-quality insurance reasoning data. We're hiring Reinsurance and Program Business Specialists to design realistic risk-transfer and delegated-authority scenarios, evaluate model outputs against established market standards, and help shape how the next generation of AI reasons about treaty structures, facultative placements, MGAs, fronting, and alternative risk arrangements.

We welcome professionals from reinsurers, cedents, reinsurance brokers, MGAs, MGUs, program administrators, fronting carriers, captive managers, and Lloyd's market participants.

What You'll Do

• Design realistic scenarios involving treaty and facultative reinsurance, attachment and exhaustion, cessions, recoverables, bordereaux, delegated authority, program governance, fronting, captives, and risk participation
• Create work products such as structure comparisons, submission analyses, contract summaries, program reviews, counterparty assessments, and risk-transfer recommendations
• Write "golden" reference responses at experienced reinsurance and program-business quality
• Grade AI-generated responses against structured rubrics for structural accuracy, contract logic, financial understanding, stakeholder roles, and market realism
• Identify misunderstandings of layers, limits, retentions, commissions, claims control, collateral, counterparty exposure, and carrier-MGA responsibilities
• Provide written feedback the research team uses to improve model behavior
• Participate in onboarding office hours and calibration sessions

You're a Good Fit If You

• Have 2+ years of professional experience in reinsurance, program business, delegated authority, fronting, captive insurance, or alternative risk transfer
• Understand at least one of the following: treaty reinsurance, facultative reinsurance, MGA/MGU programs, Lloyd's arrangements, captives, or fronted programs
• Can identify the economic and operational responsibilities of cedents, reinsurers, brokers, MGAs, fronting carriers, and insureds
• Understand how contract structure changes risk transfer, earnings, collateral, claims handling, and reporting
• Demonstrate excellent written reasoning, commercial judgment, and high attention to detail
• Can distinguish reinsurance decisions from direct underwriting and ordinary claim adjudication

Bonus Qualifications

• CPCU, ARe, ARM, ACAS, FCAS, or comparable designation
• Both ceded and assumed reinsurance experience
• Reinsurance broking, treaty wording, recoverables, or claims experience
• Program audit, delegated-authority, or bordereaux-management experience
• Captive, large-deductible, retrospective-rating, or risk-sharing experience

Role Highlights

• Minimum 20 hours per week (ideally 40+)
• Role starts immediately, applications reviewed on a rolling basis