We are seeking a seasoned facultative reinsurance professional—ideally someone currently in a broking role—who is ready to transition to the buyer side and play a strategic role in shaping a sophisticated, multi-line reinsurance portfolio. This role sits at the intersection of underwriting, actuarial, capital management, and external markets, and is ideal for a broker who understands how the market thinks and wants to be closer to portfolio construction, risk optimization, and long-term strategy rather than transactional placement alone. This individual will be responsible for structuring, negotiating, and managing facultative placements across specialty lines, while helping evolve how we deploy reinsurance as a capital and risk-management tool.
Qualifications:
- At least 10 years of experience in facultative reinsurance, ideally from a broking background.
- Bachelor’s degree in Risk Management, Finance, Actuarial Science, or related field.
- ARe, CPCU, ARM, or similar designation a plus
- Strong technical understanding of facultative structures, wordings, pricing dynamics, and market appetite.
- Experience placing complex or specialty risks across multiple reinsurers.
- Ready to transition from broker to strategic buyer—thinking in terms of portfolio outcomes, not just deal execution.
- Commercially savvy, with strong negotiation skills and credibility with senior reinsurers.
- Analytical and comfortable engaging with actuarial, modeling, and capital concepts (you don’t need to be an actuary—but you need to speak the language).
- Self-directed, detail-oriented, and comfortable operating in a fast-moving, entrepreneurial environment.
Primary Job Functions:
- Lead facultative reinsurance placements across multiple specialty lines (property, casualty, specialty programs).
- Design and execute placement strategies aligned with risk appetite, portfolio objectives, and capital considerations.
- Evaluate when to deploy facultative solutions versus treaty, quota share, or alternative structures.
- Negotiate terms, pricing, and structure directly with global reinsurers.
- Partner closely with underwriting, actuarial, and catastrophe modeling teams to assess risk, structure coverage, and optimize net retention.
- Review submissions and underwriting data with a buyer’s lens—focusing on risk quality, volatility, and portfolio impact.
- Support portfolio optimization initiatives and efficient-frontier style analysis of reinsurance solutions.
- Leverage existing broker-side relationships to engage reinsurers effectively and credibly.
- Manage ongoing reinsurer relationships, performance reviews, and strategic dialogues.
- Work collaboratively with external brokers while maintaining clear ownership of buyer-side objectives.
- Support internal approval processes, documentation, and ongoing contract management.
- Ensure placements align with internal underwriting guidelines, risk tolerances, and regulatory requirements.
- Contribute to continuous improvement of reinsurance processes, analytics, and reporting.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
