Reinsurance Broker

Howden Group • Edina, MN, United States • $200k - $250k / year • 1m ago

Howden Tiger is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service.

Location: Edina, MN

Job Description

Use TigerEye to analyze insurance and reinsurance portfolios.
Evaluate possibility of losses due to catastrophe or excessive insurance.
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Work with broking team, actuaries, and cat modelers to analyze insurance risks.
Authorize reinsurance of policy when risk is high.
Decline excessive risks.
Create post-placement materials.
Construct reinsurance submission materials.
Track reinsurer quotes, authorizations, and communication.
Build client presentations.
Quantify the impact of various reinsurance structures on individual large losses and/or insurance company financials.
Negotiate and place reinsurance treaties with clients.
Respond to rating agency or regulator requests.
Ensure on-time reporting of accounting and claims procedures.
Create loss models for historical loss analysis.
Position requires domestic travel up to 30% of the time as is customary and needed for the occupation.

Job Requirements

The qualified candidate must have at least a Bachelor’s degree or foreign equivalent degree in Business, Mathematics, or a closely related field. The qualified candidate must have experience with all the following:

Working with C-suite executives;
Creating and analyzing loss models for historical loss analysis;
Conducting complex market analysis;
Building financial models to forecast budgets and expenses;
Creating and maintaining accounting and claims procedures and reports;
Utilizing all the following tools/technologies: Microsoft Office Suite, Microsoft Excel pivot tables, Microsoft Excel queries, Microsoft Excel advanced charts, Microsoft Power BI Pro, and Adobe Illustrator.

All experience may be gained concurrently.

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