Reinsurance Placement Analyst Sr. Reinsurance Placement Analyst
Job Location:
Richmond, VA - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
What part will you play If youre looking for a place where you can make a meaningful difference youve found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were always pushing each other to go further because we believe that when we realize our potential we can help others reach theirs. Join us and play your part in something special! This role is part of the Ceded Reinsurance Placement team and is responsible for multiple treaty placements annually across various product lines with full ownership of assigned reinsurance placements.Job 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 compliance documentation (Risk Transfer SOX regulatory).
- Prepare post-placement materials (treaty summaries schematics 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/processing teams to ensure accurate treaty implementation.
- Participate in special projects as needed.
Education
- Bachelors degree required
Certifications
- ARE CPCU ARM preferred
Work Experience
- Analyst: 35 years in insurance/reinsurance or broking preferred
- Senior Analyst: 5 years in insurance/reinsurance required
- 1-2 years of reinsurance contract wording experience preferred at analyst level
- 5 years of reinsurance contract wording experience preferred at sr. analyst level
- Title based on experience level
Core Competencies
- Strong communication customer service and organizational skills
- Analytical knowledge of insurance reinsurance accounting and actuarial concepts
- Proficiency in Microsoft Office and reporting tools
- Ability to manage multiple projects and improve processes across teams
- Understanding of reinsurance structures (XOL RPP Aggregate QS) and contract wording
- Catastrophe modeling knowledge preferred
- Highly organized and deadline-driven
Work Environment
- 515% travel depending on role and treaty placement needs
#LI-AB
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.
Pay information:
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education job-relevant experience training licensuredemonstratedcompetencies geographic location and other factors. The national average salary range for theReinsurance Placement Analystis $62400 - $85800with 12% incentive and the national average salary range for theSr. Reinsurance Placement Analystis $78000 - $107250with 15%incentive.
Who we are:
Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20 countries is a holding company for insurance reinsurance specialist advisory and investment operations around the world.
Were all about people We win together We strive for better
We enjoy the everyday We think further
Whats in it for you:
In keeping with the values of the Markel Style we strive to support our employees in living their lives to the fullest at home and at work.
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees needs at all stages of life.
All full-time employees have the option to select from multiple health dental and vision insurance plan options and optional life disability and AD&D insurance.
We also offer a 401(k) with employer match contributions an Employee Stock Purchase Plan PTO corporate holidays and floating holidays parental leave.
Are you ready to play your part
Choose Apply Now to fill out our short application so that we can find out more about you.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently the scammer will reach out to individuals who have posted their resume online. These job offers include convincing offer letters and frequently ask for confidential personal information. Therefore for your safety please note that:
All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
All legitimate communications with Markel recruiters will come from email addresses.
We would also ask that you please report any job employment scams related to Markel to .
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information sickle cell trait or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy childbirth or related medical conditions; marital status civil union status domestic partnership status familial status or family responsibilities; military or veteran status including unfavorable discharge from military service; personal appearance height or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process please send an e-mail to the.
No agencies please.
Required Experience:
Senior IC
