Senior Analyst, Ceded Reinsurance

Reposted 12 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
Senior level
Insurance
The Role
The Senior Analyst will support the Ceded Reinsurance team by managing strategic initiatives, collaborating with brokers, and executing contractual obligations. Responsibilities include financial reporting, risk analysis, and ensuring effective communication with stakeholders.
Summary Generated by Built In

Overview:

If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a highly motivated Senior Analyst to partner with the Ceded Reinsurance team in support of SageSure’s CEO and senior executive team. The role provides an opportunity to make a meaningful impact on the continued growth of the business through involvement in reinsurance placement strategy, business development, financial planning, strategy, and partner initiatives. The Senior Analyst will work closely with each of the reinsurance brokers to prioritize their work and execute on placement deliverables. SageSure, through its carrier partners, currently places over $1.5 billion of reinsurance each year, and that number will continue to grow. Candidates for this high-exposure role should have very strong organizational skills, meticulous attention to detail, and be willing to learn in a growing function of the business.

What you’d be doing:

  • Provide support to the Ceded Reinsurance team in planning, coordinating, tracking, and executing key strategic initiatives related to reinsurance, including program management, risk analysis, contracting, financial reporting, regulatory compliance, and strategic planning
  • Collaborate directly with reinsurance brokers to prioritize their efforts and ensure timely execution of placement deliverables
  • Manage the diligence tracker and coordinate the delivery of Agreed-Upon Procedures (AUP) supporting documentation to SageSure’s external legal counsel for each catastrophe bond issuance
  • Assist in designing renewal marketing presentations and workbooks for reinsurance markets and collecting necessary data
  • Maintain accurate documentation of reinsurance and third-party capital transactions and ensure effective communication with both internal and external stakeholders
  • Collaborate with reinsurance brokers to track meeting notes, action items, and schedule future meetings
  • Ensure proper application of reinsurance contracts by working closely with internal departments, including underwriting and claims
  • Track and report on reinsurer support across SageSure programs, including limits placed across the towers
  • Perform ad hoc analysis and reporting as required

We’re looking for someone who has:

  • Strong PowerPoint and Excel skills (formatting of slides, creating exhibits, etc.)
  • Strategic mindset and highly analytical thinker with sound business judgement
  • Organized, detail-oriented, and able to maintain lists/dates/deadlines
  • Ability to take comprehensive and detailed notes and catalog in an organized manner for quick reference by the CEO or other senior leaders
  • Strong desire to autonomously own challenging tasks without fear of failure
  • Bachelor’s degree

Highly preferred candidates also have:

  • Degree in actuarial sciences
  • Experience and/or interest in working in reinsurance, financial services, accounting, management consulting, economics, or other related fields

About SageSure:

Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders.  

 We have more than 1,000 employees in a distributed workforce environment across 12 offices—Fairfield, CA; Mountain View, CA; Cheshire, CT; Jacksonville, FL; Tallahassee, FL; Tampa, FL; Chicago, IL; Jersey City, NJ; Marlton, NJ; Cincinnati, OH; Houston, TX; Sheboygan, WI—who are tackling the industry’s toughest challenges.     

SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work. 

Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you. 

California Applicants: View SageSure’s Workforce Members’ Privacy Notice - CA Privacy Policy & Notice of Collection

Skills Required

  • Bachelor's degree
  • Strong PowerPoint and Excel skills
  • Experience in reinsurance or financial services
  • Detail-oriented and organized
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The Company
HQ: Jersey City, NJ
268 Employees
Year Founded: 2006

What We Do

SageSure is an innovation-focused insurance and technology company specializing in underserved property markets. As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, we offer more than 40 competitively priced insurance products on behalf of our carrier partners, serving 300,000+ policyholders. SageSure partners with a growing network of insurance agents and brokers in 14 coastal states.

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