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Assist in management of Fronted Casualty portfolio and supporting reinsurance including; oversight of existing reinsurance placements, reinsurance contract negotiation/ drafting, counterparty credit risk management (including collateral management) and business development.

Key Accountabilities:

• Collaborate with Reinsurance Accounting team on reinsurance reporting process to ensure timely and accurate reporting (this includes internal financial reporting and external reinsurance statement production/ dissemination)

• Review the calculation of all reinsurance premiums and losses for all contract types (Quota Share, XOL, and Catastrophe)

• Assist business and Legal in reinsurance negotiations and drafting of all contracts supporting Fronted Casualty programs

• Monitor counterparty credit risk; assess counterparty collateral sufficiency on a quarterly-basis

• Maintain/ update various spreadsheets used to model/ track collateral, fronting fees, and other key business metrics

• Monitor performance of public and private competitors via SEC and NAIC filings, as well as various industry trade publications

• Assist in business development by sourcing fronting opportunities from MGAs, brokers, reinsurers and other industry participants

• In addition to key responsibilities, you may be required to undertake other duties from time to time as the company may reasonably require

Experience:

• Bachelor degree in Accounting/Finance/Business

• 5+ years of reinsurance broking and/ or outwards reinsurance purchasing/ reinsurance underwriting required

• Detailed knowledge of reinsurance contract language and mechanics (including contracts with collateralized reinsurers)

The expected pay range for the role is $150,000 - $200,000.  The specific offer will depend on an applicant’s skills and experiences.    The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled.

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program