Director of Ceded Reinsurance
hace 17 horas
Houston
Role Title: Director of Ceded Reinsurance Company: Hadron Insurance Department: Underwriting Reports to: Global Head of Ceded Reinsurance Employment Type: Full Time Location: Remote-USA Classification: Exempt Travel: Less than 20% ABOUT HADRON Hadron Specialty Insurance and Hadron UK (A-/VIII A.M. Best-rated carriers domiciled in Arkansas and the UK, respectively) provide capacity to enable specialty underwriters and risk capital partners to thrive in a data-centric and niche risk marketplace. As a modern, technology-enabled hybrid insurance carrier, we combine underwriting expertise with operational agility to deliver tailored insurance programs. Hadron partners with MGAs, captives, and other intermediaries to develop niche insurance products that meet the evolving needs of businesses across various industries. Our commitment to transparency and data to build sustainable, profitable programs for our partners is at the core of our business. ROLE PURPOSE The Director of Ceded Reinsurance will lead the US operation in coordinating program-specific outwards reinsurance placements. This role will focus on analyzing, structuring, and negotiating reinsurance arrangements that support our delegated underwriting authority business model while ensuring compliance with Hadron's counterparty risk guidelines. KEY RESPONSIBILITIES AND ACTIVITIES Reinsurance Strategy & Program Leadership • Develop and execute reinsurance strategies for Hadron's program business in alignment with enterprise risk appetite and profitability targets, • Facilitate the design and optimization of reinsurance structures across multiple programs, ensuring alignment with business objectives and capital efficiency goals, • Oversee end-to-end reinsurance placement processes, from initial strategy development through final contract execution in collaboration with Program Management Underwriter, Underwriting Officers, Actuarial, and Legal, • Direct the evaluation and selection of reinsurance partners, ensuring adherence to counterparty risk guidelines and strategic fit, • Make recommendations to Underwriting and the Global Head of Ceded Reinsurance on material reinsurance decisions, risk transfer strategies, and program optimization opportunities, • Drive continuous improvement in reinsurance processes, documentation standards, and placement efficiency Technical Leadership & Decision-Making • Evaluate and approve reinsurance terms, conditions, and pricing for alignment with risk transfer objectives and economic value, • Lead sophisticated reinsurance modeling and analysis to optimize coverage structures and maximize program profitability, • Make informed decisions on collateral requirements and structures across reinsurance programs in collaboration with the Reinsurance Security Committee, • Serve as a subject matter expert for complex reinsurance technical questions across the organization Broker & Market Relationship Management • Build and maintain strategic relationships with key reinsurance brokers and market participants, • Lead negotiations with brokers and reinsurers to secure optimal terms, capacity, and pricing, • Represent Hadron in strategic broker and market meetings, articulating program strategies and requirements, • Leverage market relationships to gain competitive intelligence and drive optimal structure outcomes for Hadron Cross-Functional Leadership & Stakeholder Management • Partner with underwriting leadership to align reinsurance strategies with business unit goals and growth plans, • Collaborate with Finance, Legal, Actuarial, and Operations teams to ensure seamless integration of reinsurance programs, • Present reinsurance strategies, placement results, and market insights to senior leadership and executive committees, • Provide expert guidance to internal stakeholders on reinsurance implications of business decisions, • Lead cross-functional initiatives to enhance reinsurance processes and controls QUALIFICATIONS Required Experience • 10+ years of experience in reinsurance, with expertise in treaty reinsurance structures for various lines of business, • Background in reinsurance broking, treaty underwriting, or ceded reinsurance management, • Experience with program business and delegated authority models, • Bachelor's degree required, preferably in Business, Finance, Risk Management or related field Preferred • ARe, CPCU, CIC or other relevant professional designations, • Understanding of regulatory requirements related to reinsurance transactions, • Experience with reinsurance-focused software platforms SKILLSET • Deep knowledge of reinsurance markets, products, and structures across multiple lines of business across the US and UK/EU markets, • Strong negotiation and relationship management skills with a proven ability to build and maintain strategic partnerships, • Excellent analytical and problem-solving skills, with the ability to evaluate complex reinsurance transactions and their financial impacts, • In-depth understanding of reinsurance contract wordings, terms, and conditions, • Familiarity with reinsurance credit risk management, including collateral requirements, financial ratings and reviews, • Strong communication and presentation skills, with the ability to effectively communicate with senior management and external stakeholders, • Data-driven, objective mindset, with familiarity of actuarial and statistical concepts, • Innate drive to transact with a responsive, pro-active, respectful, and communicative orientation toward internal and external partners, • Strong understanding and application of catastrophe modeling and exposure management, • Fundamental understanding of reinsurance accounting and settlement processes, • Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment, • Ability to leverage AI tools (e.g., Claude) to enhance productivity and support role-specific responsibilities. BENEFITS • Ability to work remotely as a member of a fast-paced, international workforce., • Excellent benefits package including comprehensive medical, dental and vision insurance., • 401(K) retirement plan with up to 4% match by Company., • Individualized long-term incentive plan for every qualified full-time employee., • Flexible Time Off Policy. Hadron Insurance is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, marital status, genetic information, veteran status, or any other basis protected by applicable law. If you require any reasonable accommodation to complete the application process or participate in an interview, please let us know.