What are the responsibilities and job description for the Program Reinsurance Manager position at C. Winchell Agency, Inc.?
Program Reinsurance Manager
Property and Casualty Insurance Industry
Somerset County, NJ
EXCELLENT OPPORTUNITY AND ADDITION TO STAFF The individual will collaborate with brokers, reinsurance underwriters, and analytical support to develop, implement, and uphold suitable and financially viable reinsurance placements linked to program business prospects, in alignment with Corporate directives. They will take the lead in fostering and preserving positive relationships with external entities while representing the Company effectively to all partners. The role involves reviewing and assessing treaty reinsurance contracts, focusing on determining the acceptability of terms and compliance with corporate goals. This position will also serve as the internal liaison between the Reinsurance and Accounting departments, addressing inquiries and questions from reinsurers and brokers. Coordination with external departments will be essential to ensure reports are delivered in a timely and accurate manner.
Candidates should possess years of pertinent experience in reinsurance treaty underwriting. A substantial understanding of reinsurance, including underwriting claims, accounting, finance, and related processes, controls, and systems, is required. Experience with the financial analysis of reinsurance underwriting activities is essential. Proficiency in Excel is necessary. Strong analytical, decision-making, problem-solving, and organizational skills are crucial. A Bachelor's Degree in finance, accounting, or risk management is preferred. An ARe/CPCU designation or an advanced degree is advantageous.