VP, Reinsurance
La Jolla, CA - USA
Job Summary
We are Hiring!
VP Reinsurance
Location: La Jolla CA
The Details:
We are seeking a driven insightful and collaborative VP Reinsurance to support and further Palomars growth as it expands and diversifies its business. As VP Reinsurance you will report directly to EVP Ceded Reinsurance and will work closely with senior leaders of the Risk Management Underwriting Actuarial and Programs teams to lead and execute various reinsurance placements in alignment with the risk transfer objectives of the company. Successful candidates will be those who can navigate market dynamics foster strong relationships and apply a strategic framework to the assessment of reinsurance needs and priorities. The ability to work independently and communicate effectively in a consultative and collaborative manner is critical to the role.
What will you do:
- Collaborate with various leaders and stakeholders in the analysis marketing placement and administration of multiple reinsurance treaties that achieve the companys risk transfer objectives for individual lines of business and across the portfolio
- Oversee the buying process of risk transfer solutions consisting of pro rata and excess of loss reinsurance treaties for both property and casualty lines of business. Some treaties will be program specific and others will cover a broader grouping of subject business
- Consult with the companys Program & Fronting division and Actuarial leads regarding program evaluation development and enhancement of program-specific reinsurance placements
- Coordinate with Reinsurance Risk Management Finance and Operations teams to ensure reinsurance programs are appropriately integrated with the companys operations and meet company objectives
- Develop and maintain relationships with reinsurance brokers and underwriters
What we are looking for:
- Bachelors degree or graduate degree required
- 5 years of professional experience in the insurance industry with strong leadership potential and business relationship skills to build trust and respect
- Has experience leading reinsurance program design analysis placement and execution specifically across various Casualty segments
- Manage multiple projects and tasks concurrently with effective time management skills to meet fixed deadlines
- Strong collaboration skills to ensure effective alignment among diverse teams including appointed reinsurance broking teams
- Excellent financial and reinsurance coverage acumen
- Executive presence and ability to communicate with influence and manage stakeholders including C-level executives
- Highly developed analytical decision-making and strategic thinking skills with keen attention to detail
- 25% travel
We love people who want to:
- Build strong relationships through transparency trust and respect for each other.
- Work in an agile environment with a resilient mindset to find creative solutions to challenges.
- Collaborate and celebrate diverse perspectives promoting inclusivity and equality.
- Do the right thing with strong conviction and integrity.
- Be bold and innovative to help make an impact.
- Demonstrable track record of working autonomously and driving progress
- Be intellectually curious think creatively and pragmatic
If you thrive in a dynamic environment and like working with happy authentic talented people youll enjoy a career with Palomar!
What will you get in return
- Full Suite of Medical Benefits
- Long Term Financial Incentives STOCK!
- 401k with 3.5% Automatic Fully Vested Employer Contributions
- Competitive PTO Holiday Program
- Lifestyle Spending Allowance
- Professional Development Assistance
- Career Exploration Opportunities
- Regular company-wide social events (even virtually!)
- To learn more visit us at
Diversity at Palomar
At Palomar we are committed to diversity equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce while actively championing equality and inclusion practices that make us a company people want to work with and work for.
We believe that diversity equality and inclusion yields greater organizational creativity and productivity which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them.
#PalomarPride #Insurancejobs #hiring
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment or to the way a job is usually performed so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.
For more information about our company visit us at . Palomar is an Equal Opportunity Employer.
No phone calls or agency solicitation please
Pay Range: $170000 - $255000
The above pay range is for all US-based roles based on function and level benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock addition we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors including candidate experience and qualifications and may vary from the amounts listed above.
#PalomarPride #Insurancejobs #hiring #reinsurance
Required Experience:
Exec
About Company
Why choose Palomar? Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic an ... View more