Senior Reinsurance Manager

Hadron Insurance; United States; Remote; USD 100,000 - 150,000; Full time

Job summary

A leading insurance company is seeking a Senior Reinsurance Manager to coordinate reinsurance placements and ensure compliance with risk guidelines. The role requires strong analytical skills and a background in reinsurance. Candidates should have a Bachelor's degree and at least 5 years of experience in the field. This position offers remote work flexibility and a comprehensive benefits package.

Benefits

401(K) retirement plan with up to 4% match

Individualized long-term incentive plan

Flexible Time Off Policy

Medical insurance

Vision insurance

Paid maternity leave

Qualifications

• 5+ years of experience in reinsurance.
• Expertise in treaty reinsurance structures.

Responsibilities

• Support coordination of outwards reinsurance placements.
• Analyze reinsurance needs based on business plans.

Skills

Analytical Skills

Negotiation

Communication

Education

Bachelor's degree in Business, Finance, Risk Management

Tools

Excel

Job description

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Hadron Specialty Insurance (A-/VIII A.M. Best-rated surplus lines carrier domiciled in Arkansas and eligibility countrywide) provides capacity to enable specialty underwriters and risk capital partners to thrive in a data-centric and niche risk marketplace. As a modern, technology-enabled hybrid insurance carrier, we combine underwriting expertise with operational agility to deliver tailored insurance programs. Hadron partners with MGAs, captives, and other intermediaries to develop niche insurance products that meet the evolving needs of businesses across various industries.

We are seeking an experienced Senior Reinsurance Manager to support our Director of Reinsurance in coordinating program-specific outwards reinsurance placements. This role will focus on analyzing, structuring, and negotiating reinsurance arrangements that support our delegated underwriting authority business model while ensuring compliance with Hadron's counterparty risk guidelines.

Reporting to:

Director of Reinsurance

Core Responsibilities

• Support the coordination and execution of outwards reinsurance placements for Hadron's program business
• Analyze program-specific reinsurance needs based on business plans, underwriting guidelines, and risk appetite
• Prepare submission materials and data for reinsurance brokers and markets
• Evaluate proposed reinsurance structures and terms for alignment with program and risk transfer objectives
• Asses proposed reinsurance partners on an individual and program basis to ensure compliance with counterparty risk guidelines
• Track and maintain records of all reinsurance arrangements and their key provisions
• Facilitate the review, approval, and signing of final reinsurance contracts and trust agreements

Technical Analysis

• Review and analyze reinsurance contracts including Facultative Certificates, Treaties, and Quota Share agreements
• Understand and interpret Firm Order Terms (FOTs), exclusions, and key terms of each reinsurance contract
• Evaluate the economic impact of proposed reinsurance arrangements on program profitability
• Assess collateral needs for various reinsurance partners, by program, ensuring compliance with collateral guidelines and matrix
• Analyze reinsurance market conditions and trends to identify opportunities for improved terms
• Serve as a key liaison between Hadron and reinsurance brokers for program-specific placements
• Communicate program-specific requirements and objectives to brokers
• Collaborate with brokers to negotiate favorable terms and conditions
• Ensure timely and accurate information flow between Hadron, brokers, and reinsurance markets
• Build and maintain strong working relationships with key broker partners

Internal Coordination

• Work closely with underwriting teams to understand program nuances and requirements
• Collaborate with finance and legal to review and approve reinsurance contract documents
• Maintain detailed spreadsheets and workbooks to facilitate seamless onboarding of reinsurance programs with various departments
• Support actuarial in data analysis and exposure modeling for reinsurance purposes
• Assist with compliance reporting related to reinsurance arrangements
• Provide regular updates on reinsurance placements to senior management
• Monitor reinsurance market conditions, capacity, and pricing trends
• Research and analyze potential new reinsurance partners
• Evaluate reinsurer financial strength and compliance with Hadron's counterparty risk guidelines
• Stay current on industry developments and regulatory changes affecting reinsurance
• Contribute to strategic discussions regarding reinsurance market opportunities and challenges

Qualifications

Required Experience

• 5+ years of experience in reinsurance, with expertise in treaty reinsurance structures for various lines of business
• Background in reinsurance broking, treaty underwriting, or ceded reinsurance management
• Experience with program business and delegated authority models
• Strong understanding of reinsurance contract provisions and legal terminology
• Demonstrated ability to analyze and structure reinsurance arrangements
• Bachelor's degree required, preferably in Business, Finance, Risk Management or related field

Technical Skills

• Proficient understanding of reinsurance structures (Quota Share, Excess of Loss, Facultative)
• Strong analytical skills with ability to evaluate financial impacts of reinsurance structures
• Knowledge of reinsurance contract terms, conditions, and market standards
• Familiarity with reinsurance accounting and settlement processes
• Understanding of property and casualty insurance coverages and underwriting principles
• Proficiency with Excel and data analysis tools

Preferred Qualifications

• ARe, CPCU, or other relevant professional designations
• Experience with both property and casualty lines of business
• Background in MGA/program business models
• Knowledge of catastrophe modeling and exposure management
• Understanding of regulatory requirements related to reinsurance transactions
• Experience with reinsurance-focused software platforms

Personal Attributes

• Detail-oriented with strong analytical capabilities
• Excellent written and verbal communication skills
• Strong negotiation and relationship management abilities
• Problem-solving mindset with focus on creative solutions
• Ability to manage multiple priorities in a fast-paced environment
• Collaborative approach to working with internal and external stakeholders

Location:

Remote

• Ability to work remotely as a member of a fast-paced, international workforce
• 401(K) retirement plan with up to 4% match by Company
• Individualized long-term incentive plan for every qualified full-time employee
• Flexible Time Off Policy

Hadron Specialty Insurance is an equal opportunity employer committed to creating a diverse and inclusive work environment. We encourage applications from all qualified individuals.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Project Management, Administrative, and Strategy/Planning

• Industries

  Insurance

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

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