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Markel Group

Three-engine financial holding: insurance, investments, ventures

Reinsurance Placement Analyst

InsuranceUpdated on Nov 10
Full-timeRichmond, VA, USA

About the Job

Requirements

  • A bachelor's degree is required.
  • For the Analyst level, 3–5 years in insurance, reinsurance, or broking is preferred.
  • For the Senior Analyst level, 5+ years in insurance or reinsurance is required.
  • For Analyst level, 1–2 years of reinsurance contract wording experience is preferred.
  • For Senior Analyst level, 5+ years of reinsurance contract wording experience is preferred.
  • Strong communication, customer service, and organizational skills are required.
  • Analytical knowledge of insurance, reinsurance accounting, and actuarial concepts is required.
  • Proficiency in Microsoft Office and reporting tools is required.
  • Ability to manage multiple projects and improve processes across teams is required.
  • Understanding of reinsurance structures (XOL, RPP, Aggregate, QS) and contract wording is required.

Responsibilities

  • Lead or assist with ceded reinsurance placements across product lines, including structuring, placement, and administration.
  • Partner with underwriting leadership to align reinsurance strategies with product offerings.
  • Build and maintain relationships with reinsurers and brokers.
  • Manage placement timelines and ensure timely, well-communicated renewals.
  • Ensure compliance with approved reinsurer lists and required documentation.
  • Coordinate and lead underwriting and/or claims audits.
  • Prepare submissions, including product overviews, contract wording, and data requirements.
  • Collaborate with Data & Analytics to validate data and identify trends.
  • Manage reinsurer inquiries and coordinate internal responses.
  • Ensure contracts reflect agreed terms, meet standards, and are executed on time.
  • Maintain Risk Transfer, SOX, and regulatory compliance documentation.
  • Prepare post-placement materials, including treaty summaries, schematics, and executive summaries.
  • Support internal education on reinsurance structures and strategy.
  • Update systems to support reporting and digitization.
  • Stay current on contract wording, regulatory changes, and market practices with Legal.
  • Partner with accounting and processing teams to ensure accurate treaty implementation.
  • Participate in special projects as needed.

Desired Qualifications

  • Knowledge of catastrophe modeling.

About the Company

Markel Group

Three-engine financial holding: insurance, investments, ventures

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company size
51-200
Company stage
IPO
Headquarters
Glen Allen, VA
Founded
1930

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