Strategic Reinsurance Placement Analyst

Markel; Chicago (IL); On-site; USD 59,000 - 122,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D insurance

401(k) with match

Employee Stock Purchase Plan

Paid time off

Corporate holidays

Floating holidays

Parental leave

Job summary

Markel is seeking a skilled professional to own and manage ceded reinsurance placements across product lines from a Chicago area office. You will structure, place, and administer treaties while aligning strategies with underwriting leadership and maintaining strong reinsurer relationships.

The role requires 5+ years in insurance/reinsurance, a Bachelor’s degree, and knowledge of contract wording. Daily duties include audits, data validation, and timely renewals, with a clear path to leadership.

Qualifications

• Bachelor’s degree required.
• ARE, CPCU, ARM preferred.
• 5+ years in insurance/reinsurance or broking preferred.
• Senior Analyst 5+ years in insurance/reinsurance required.
• Title based on experience level.

Responsibilities

• Lead or assist with ceded reinsurance placements across product lines, including structuring, placement, and administration.
• Partner with underwriting leadership to align reinsurance strategies with product offerings.
• Build and maintain relationships with reinsurers and brokers.
• Manage placement timelines and ensure timely, well-communicated renewals.
• Ensure compliance with approved reinsurer lists and required documentation.
• Coordinate and lead underwriting and/or claims audits.
• Prepare submissions, including product overviews, contract wording, and data requirements.
• Collaborate with Data & Analytics to validate data and identify trends.
• Manage reinsurer inquiries and coordinate internal responses.
• Ensure contracts reflect agreed terms, meet standards, and are executed on time.
• Maintain compliance documentation (Risk Transfer, SOX, regulatory).
• Prepare post-placement materials (treaty summaries, schematics, executive summaries).
• Support internal education on reinsurance structures and strategy.
• Update systems to support reporting and digitization.
• Stay current on contract wording, regulatory changes, and market practices with Legal.
• Partner with accounting/processing teams to ensure accurate treaty implementation.
• Participate in special projects as needed.

Skills

Strong communication

Customer service

Organizational skills

Analytical knowledge

Reinsurance concepts

Contract wording

Catastrophe modeling

MS Office

Reporting tools

Education

Bachelor's degree

Tools

Microsoft Office

Data analysis tools

Job description

Markel is seeking a skilled professional to own and manage ceded reinsurance placements across product lines from a Chicago area office. You will structure, place, and administer treaties while aligning strategies with underwriting leadership and maintaining strong reinsurer relationships.

The role requires 5+ years in insurance/reinsurance, a Bachelor’s degree, and knowledge of contract wording. Daily duties include audits, data validation, and timely renewals, with a clear path to leadership.