JUNIOR ASSOCIATE – TREATY REINSURANCE

Key Responsibilities

Treaty Placement Support

• Assist in preparing treaty reinsurance submissions, slips, cover notes, and endorsements
• Support brokers during placement by gathering quotes, updating quote sheets, and coordinating negotiations
• Collaborate with underwriting teams to review portfolio data and underwriting guidelines aligned to reinsurer appetite

Technical Accounting & Post-Placement

• Support preparation of debit/credit notes, statement reconciliations, and collections/settlements
• Prepare and maintain treaty account bordereaux (premium and claims) on a quarterly basis
• Assist with cash loss claims, documentation, and settlement follow-ups
• Maintain accurate records across placements, technical accounts, and closings in internal systems

Portfolio Analysis & Underwriting Support

• Contribute to portfolio reviews, exposure analysis, and underwriting file preparation
• Analyze treaty performance, utilization, reinstatements, and accumulations
• Support senior brokers/underwriters with draft recommendations and analytical insights

Compliance, Operations & Reporting

• Coordinate KYC/AML onboarding of cedants and reinsurers
• Ensure adherence to regulatory and internal compliance standards
• Support accurate and timely data capture and transaction reporting

Market Research & Business Support

• Conduct research on reinsurer appetite, pricing trends, and market activity
• Prepare analytical reports, presentations, and pitch materials for new treaty opportunities

Skills & Competencies

Technical & Industry Knowledge

• Strong understanding of treaty reinsurance structures (QS, Surplus, XOL, Stop Loss, etc.)
• Familiarity with broking workflows, underwriting guidelines, and technical accounting
• Exposure to treaty claims and bordereaux reporting

Analytical & Data Skills

• Advanced Excel and data analysis skills for premium, claims, and exposure data
• Ability to prepare reconciliations, technical accounts, and management reports
• Strong attention to detail and analytical mindset

Communication & Collaboration

• Professional written and verbal communication skills
• Ability to work closely with brokers, reinsurers, cedants, and internal teams
• Strong relationship-building and stakeholder management skills

Organization & Systems

• Ability to manage multiple treaties, deadlines, and reporting cycles
• Comfortable working with reinsurance and accounting systems; pricing/exposure tools a plus

Qualifications

• Bachelor's degree in Insurance, Risk Management, Finance, Accounting, or related field
• 5+ years of experience in treaty reinsurance within a broking or reinsurance environment
• Hands-on exposure to treaty documentation, technical accounting, and claims administration
• Familiarity with regional regulatory frameworks (AMEA, LATAM) is an advantage