Full-Time

Reinsurance Consultant

Confirmed live in the last 24 hours

JM Family

JM Family

1,001-5,000 employees

Automotive & Transportation
Financial Services
Real Estate

Compensation Overview

$71.3k - $148.1kAnnually

+ Annual Discretionary Bonus + 401k + Profit Sharing + Pension

Junior, Mid

Florida, USA + 3 more

More locations: Miami-Dade County, FL, USA | West Palm Beach, FL, USA | Weston, FL, USA

Hybrid position for candidates within Miami-Dade, Broward, or Palm Beach counties; remote for those outside.

Category
Financial Consulting
Consulting
Required Skills
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor's degree in Finance, Business Administration, Accounting, or a related field, or equivalent practical experience.
  • Proven experience with automotive F&I participation structures, including Reinsurance and Dealer Owned Warranty companies, along with a strong understanding of related financial products, services, and associated tax implications.
  • Demonstrated ability to effectively communicate complex concepts clearly to stakeholders and manage multiple tasks simultaneously.
  • Effective consultation skills with ability to build and maintain relationships with automotive dealer customers, business partners, and other key stakeholders.
  • Advanced proficiency in Microsoft Excel, with an aptitude for data analysis and reporting, along with comprehensive knowledge of the Microsoft Office Suite (Word, PowerPoint, Outlook, SharePoint).
  • Excellent problem-solving skills, strategic thinking, and a commitment to continuous learning and professional development.
  • Ability to travel up to 25% of the time.
Responsibilities
  • Manage structure consulting activities in a designated sales zone, qualify reinsurance candidates, and coordinate information for business plans, trust accounts, and tax returns. Collaborate with dealer partners and internal resources to recommend improvements.
  • Provide valuable consultation to Automotive Dealer Principals on profit participation solutions to meet their goals. Proactively evaluate and recommend improvements to portfolios, fostering strong relationships and enhancing business retention.
  • Cultivate and manage relationships with Dealer Principals, CFOs, CPAs, legal advisors, management companies, and trustees. Assist Field Sales with dealer interactions via meetings, virtual consultations, calls, and written correspondence regarding structure options, investments, and proformas.
  • Use sales projections to develop solutions for at-risk Section 831(b) reinsurance companies. Ensure compliance with IRS limits and business purposes.
  • Assist in providing training to the Field Sales team on participation structures and related concepts and support escalations in the formation processes. Participate in annual reviews with reinsurance partners to assess and refine structures using actuarial related data as needed.
  • Maintain a strong understanding of participation structure agreements and related documents to expedite review and approval, and effectively explain them to dealer customers and stakeholders.

Company Stage

N/A

Total Funding

N/A

Headquarters

Deerfield Beach, Florida

Founded

N/A

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion efforts, such as the new parts distribution center in Georgia, indicate strong growth and job creation potential.
  • Strategic partnerships and investments, like those with RockED and Skaivision, position JM Family at the forefront of automotive innovation.
  • Recognition as Corporate Partner of the Year by Big Brothers Big Sisters of Broward underscores JM Family's strong community engagement and corporate responsibility.

What critics are saying

  • The significant capital expenditure in new facilities could strain financial resources if market conditions shift unfavorably.
  • Leadership changes, such as the appointment of a new president and group vice president, may lead to strategic realignments that could impact company culture.

What makes JM Family unique

  • JM Family Enterprises stands out as the world's largest independent distributor of Toyotas, serving a significant portion of the U.S. market.
  • Their strategic investments in AI and data platforms like Skaivision and Domo Everywhere highlight a commitment to technological innovation in the automotive sector.
  • The company's diverse portfolio, including Home Franchise Concepts, allows it to leverage cross-industry insights and synergies.

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