Director of Reinsurance

General Search & Recruitment
Kansas City, MO, US
Full-time

Job Description

Job Description

Director of Reinsurance

Kansas City, MO

Responsible for the Reinsurance Department, which includes managing the reinsurance for all lines of life and health business ceded or assumed.

The Reinsurance Department, as a Risk Management Control Point, supports all aspects of ceded and assumed risks, including marketing, financial, actuarial, and investment departments.

This position oversees the execution of all risk transfer agreements across all life and health lines, and the planning, directing, and implementing of all policies and procedures with respect to the reinsurance program, including financial review of reinsurers, treaty documentation, and communication of treaty requirements throughout the organization.

Responsibility also includes presentation of marketing opportunities of both ceded and assumed risks.

Expectations

  • Oversees the Implementation of strategies as it relates to the use of risk transfer and establishes and drives the functional strategies of the Reinsurance Department to support the overall strategic objectives.
  • Oversees the execution of risk transfer agreements spanning all lines of business, including those of affiliates, including its affiliated reinsurance captive.
  • Participates in the negotiation and development of risk transfer solutions to facilitate growth.
  • Oversees the procuring, summarizing, and presenting data and information to reinsurers and assuming insurers.
  • Ensure proper controls and governance are in place for reinsurance processes. Partners with external and internal auditors as required.
  • Integral management of reinsurer relationships and distributor relationships (+50 relationships)
  • Markets risk transfer objections and assesses and communicates marketing and risk transfer opportunities.
  • Performs other related duties as required and assigned.

Competencies

  • Exceptional verbal and written communication, interpersonal, problem-solving, analytical, oral presentation, and organizational skills
  • Demonstrated ability for effective and responsive dealing with a wide range of reinsurance issues.
  • Adept with understanding financial and actuarial issues of ceded and assumed risks.
  • Strong management skills.

Requisites

  • Minimum of ten years of direct and assumed risk transfer.
  • College degree or educational equivalent
  • Must have technical knowledge of insurance company and its reserving and capital requirements
  • Must have advanced communication skills both written and oral to traverse multiple audiences including senior leaders (Chief Risk Officer, CFO, Business Presidents).
  • Must have advanced knowledge of life, annuity, and health insurance products, underwriting, and pricing.
  • Must have highly developed negotiation skills and relationship management skills. Must be proficient in contract interpretation and negotiation in partnership with the office of general counsel.
  • 10 days ago
Related jobs
Promoted
General Search & Recruitment
Kansas City, Missouri

This position oversees the execution of all risk transfer agreements across all life and health lines, and the planning, directing, and implementing of all policies and procedures with respect to the reinsurance program, including financial review of reinsurers, treaty documentation, and communicati...

General Search & Recruitment
Kansas City, Missouri

This position oversees the execution of all risk transfer agreements across all life and health lines, and the planning, directing, and implementing of all policies and procedures with respect to the reinsurance program, including financial review of reinsurers, treaty documentation, and communicati...

Promoted
Mason & Blair, LLC
Kansas City, Missouri
Remote

Seeking experienced Assistant Controller or Accounting Director ready to step into Controller role. This Assistant Corporate Controller will report to a veteran SVP Controller. The SVP Controller intends on retiring within two years--this new role would be next in line for the Controllership. Strong...

Promoted
MMG
MO, United States

MMG is working with a top for-profit hospital system currently seeking a Chief Financial Officer (CFO) for an acute care facility. The responsibilities of the CFO include, but are not limited to:. The CFO reports directly to hospital's Chief Executive Officer. Recent for-profit acute care hospital C...

Promoted
Robert Half
Kansas City, Missouri
Remote

To apply to this Accounting Manager role, please send your resume to John Sadofsky at john. Lead the accounting integration of M&A transaction including purchase accounting, earn-out calculations, opening balance sheet and net-working capital true-ups. To apply to this Accounting Manager role, pleas...

Promoted
VVI Staffing Consultants
Grandview, Missouri

Due to retirement, we have an exciting opportunity available for a Corporate Financial Controller to drive stability, growth, and profitability in our North American Manufacturing operations. ...

Promoted
Mack & Associates, Ltd.
Kansas City, Missouri

An industry leader in the consumer products industry is looking for an experienced Executive Assistant to support the CFO, which will include highly visible communications with the Board of Directors/Senior Leadership teams. The Executive Assistant position is a unique opportunity to help support th...

Promoted
Visit KC
Kansas City, Missouri

Responsible for implementing and directing the mission, core values and policies of Visit KC as established by the President/Chief Executive Officer and Board of Trustees. Oversees day-to-day operations, including preparing operating budgets, managing strategic plans, fostering a healthy and product...

Promoted
Zillion Technologies, Inc.
Kansas City, Missouri
Remote

Technical Project Manager / Scrum Master. Duration: Long Term Ongoing Project. Day-to-day contact responsible for project management, scrum master ceremonies, issue resolution, stakeholder coordination, agile coaching, and escalations. Communicates with program management and produces reports, inclu...

Promoted
Nesco Resource
Kansas City, Missouri

Responsibilites include financial analysis, preparation of reports.Analyze monthly company & division results.Reconciliation of A/R, A/P, Projects and payroll to general ledger.Provide guidance and instruction to less experienced staff members.Provide advanced technical advice to staff.Assist with s...