AVP, Reinsurance Placement Alternative Ventures & Specialty Finance
Columbus, NE - USA
Job Summary
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Job Description Summary
Do you have the desire to apply risk management practices to drive business outcomes Our industry-leading workforce personifies an agile work environment and a collaborative culture to deliver outstanding solutions and results. If this sounds like a place where you could thrive we want to know more about you!As the AVP Reinsurance Placement Alternative Ventures & Specialty Finance youll set the strategic direction for risk transfer across a complex and evolving portfolio. Youll lead the design and execution of reinsurance retrocession and international strategies aligned to enterprise objectives overseeing end to end placements from market engagement through negotiation and execution. As a trusted partner to brokers reinsurers and internal stakeholders you and the team you lead will bring analytical and structural insight to emerging risk transfer needs and complex enterprise transactions.
Job Description
Key Responsibilities:
Leads strategy design and execution of risk transfer placements for the Alternative Ventures and Specialty Finance portfolio.
Develops reinsurance retrocession and international reinsurance strategies aligned with enterprise goals.
Oversees endtoend placement execution including negotiation market submissions documentation and coordination.Serves as primary liaison with key reinsurance partners and brokers with an expectation of strengthening strategic relationships.
Provides analytical and structural insight into emerging reinsurance and retrocession needs.
Ensures adherence to internal controls documentation standards and reinsurance guidelines.
Supports enterprise transactions requiring specialized structuring and risk analysis including interpretation of modeling output and financial impacts.
Leads and mentors a team of professionals fostering capability development and high performance.
Drives continuous improvement of processes tools and placement practices. Including the application of AI on contract review and management.
Establish and drive functional area vision strategy and objectives; oversee and lead associate management to include performance management talent management engagement salary planning and administration and resource demand management strategies.
Performs other responsibilities as assigned
Reporting Relationships: Reports to: VP Reinsurance and Corporate Risk Management Leads a team of professionals.
Typical Skills and Experiences:
Education: Bachelors degree in Business Finance or other quantitative related field. Advanced degree (MBA) strongly preferred.
License/Certification/Designation: Pursuit or attainment of related designations such as CPCU is preferred.
Experience: Typically 10 or more years of reinsurance or related experience; strong background in reinsurance programs MGAs retrocession international direct and assumed business and insurance linked securities preferred.
Knowledge Abilities and Skills: Proven experience leading highcomplexity negotiation and market engagement. Familiarity with structured international and alternative risk transfer solutions. Strong capability in datadriven decisionmaking including actuarial and modeling insights. Demonstrated ability to lead through influence in crossenterprise settings.
Staffing exceptions to the above must be approved by the hiring managers leader and Human Resource Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Exempt (not eligible)
Working Conditions: Office environment; travel required including international.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
We have an array of benefits to fit your needs including: medical/dental/vision life insurance short and long term disability coveragepaid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date nine paid holidays 8 hours of Lifetime paid time off 8 hours of Unity Day paid time off 401(k) with company match company-paid pension plan business casual attire and more. To learn more about the benefits we offer click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged appreciated respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act individuals may contact the Smokefree Air Act Helpline at .NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills education training credentials and experience of the candidate; the scope complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job Sales Incentives based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for AVP Reinsurance Placement - Alternative Ventures & Specialty Finance : $154000.00-$290000.00The expected starting salary range for AVP Reinsurance Placement - Alternative Ventures & Specialty Finance : $154000.00 - $258000.00About Company
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