Assumed Reinsurance Analyst I - Remote

The Reinsurance Team is responsible for the assumed reinsurance of the organization and related analytics including geo-spatial risk measurement, catastrophe modelling, and catastrophe event reporting. This includes implementation of the organization’s treaties, including system setup, cross department coordination, submission review, contract/terms negotiation, managing treaty documentation, and all related compliance and control processes. The position is responsible for working with brokers, intermediaries, and reinsurers in the placement and assumption of reinsurance agreements. Role will require utilization of analytical and critical thinking skills to help identify risks faced by business units and determining mitigating reinsurance solutions. Coordinate with brokers, business divisions, actuarial, corporate U/W, and other areas to review reinsurance submissions under the guidance of their manager or senior analysts, including data testing and validation. Document reinsurance contracts, terms, and all other reinsurance compliance and control items. Prepare exhibits in support of reinsurance reports and presentations. Facilitate special acceptance or referral processes related to reinsurance. Communicate with reinsurers and brokers in support of reinsurance placement. Performs ad-hoc projects, research, and analysis in support of reinsurance placements and strategies. EDUCATION Bachelor’s degree in a related field is required. Business or insurance related major preferred. Coursework initiated towards Chartered Property Casualty Underwriter (CPCU) and/or Associate in Reinsurance (ARe) designations from The Institutes is strongly preferred. EXPERIENCE One (1) to three (3) years of relevant experience required. QUALIFICATIONS Knowledge of property and casualty insurance, reinsurance performance, and risk metrics Ability to work with large data sets in excel, including but not limited to data analysis, charting, pivot tables, and advanced formulas (e.g., vlookups). Ability to apply the principles of logical thinking to define problems, collect data, establish facts and draw conclusions. Ability to effectively exchange information clearly and concisely, present ideas, report facts and other information, and respond to questions as appropriate. WORKING CONDITIONS Work is performed in a virtual office and onsite office setting with no unusual hazards. Some travel is required (less than 5%). The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description. Pay Range - Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $60,000 and $100,600). We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract. #AFG #LI-TM