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Full-Time

Managing Director

Insurance Business Development

Confirmed live in the last 24 hours

Ledger Investing

Ledger Investing

51-200 employees

Investment platform for insurance-linked securities

Financial Services
Fintech

Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Communications
Marketing
Requirements
  • 10+ years previous experience in investment banking, strategic advisory, or consulting roles working with insurance and reinsurance companies
  • Extensive network within (re)insurance company executives
  • In-depth knowledge of insurance industry, familiarity with insurance linked securities or structured finance products is a plus
  • Entrepreneurial mindset with proven ability to sell new financial products to c-suite executives
  • Exceptional written and verbal communication skills with specific ability to communicate concepts and ideas concisely and defend their validity
  • Very strong quantitative and analytical skills (including excel modeling)
  • Bachelor's degree required; MBA or other graduate degree is a plus
Responsibilities
  • Leads business development with (re)insurance companies to source ILS transactions
  • Owns the transaction process from the initial pitch to the risk originator to winning the deal including highly complex financial modeling, presentations, and due diligence
  • Accountable for deal execution including investor marketing, due diligence, and negotiations leading to transaction closing
  • Provide feedback to product teams developing platform features for (re)insurance companies

Ledger Investing provides a platform for qualified investors to invest in insurance-linked securities (ILS), which are tied to insurance risks. The company focuses on private placements, allowing investors to access unique opportunities not available on public markets, though these investments carry high risks and are illiquid. Ledger Investing facilitates transactions between insurers and investors, offering tools and information to help investors make their own decisions. The goal is to connect institutional buyers like banks and hedge funds with investment opportunities in the ILS market.

Company Stage

Series B

Total Funding

$340.1M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-29%

2 year growth

22%
Simplify Jobs

Simplify's Take

What believers are saying

  • Successful syndication of a $250M casualty ILS secondary transaction demonstrates growing institutional interest and market validation.
  • The $75M Series B funding round led by prominent investors like WestCap and MassMutual Ventures indicates strong financial backing and growth potential.
  • The addition of industry veterans like Amy Stern and Khare to the leadership team enhances the company's expertise and credibility in the ILS market.

What critics are saying

  • The high-risk and illiquid nature of insurance-linked securities may deter potential investors, limiting market growth.
  • The complexity of securitizing casualty risk could pose operational challenges and hinder scalability.

What makes Ledger Investing unique

  • Ledger Investing focuses exclusively on the niche market of insurance-linked securities (ILS), unlike broader fintech platforms.
  • Their private placement model offers unique investment opportunities not available on public exchanges, catering specifically to institutional investors.
  • Ledger Investing's platform provides tools and information for investors to make their own decisions, rather than offering investment recommendations, which sets them apart from advisory-based competitors.

Benefits

Remote team

Competitive compensation

Unlimited PTO

401k

Company retreats

Personal development

Comprehensive health coverage

Personal wellness