Senior Analyst, Ceded Reinsurance - Morristown, NJ/Hybrid
Morristown, NJ 
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Posted 28 days ago
Job Description
Senior Analyst, Ceded Reinsurance - Morristown, NJ/Hybrid
Job Locations US-NJ-MORRISTOWN
Job ID 2024-3732 Category Finance Type Regular Division Corp Enterprise Risk Mgmt
Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

The candidate will play a crucial role in the placement of key reinsurance protections for C&F including treaties covering property, casualty, and professional liability. The candidate will work on reinsurance transactions with over 100 reinsurance markets, including traditional reinsurers and investment funds in the US, UK, Bermuda, continental Europe and Asia. Additionally, the candidate will collaborate closely with C&F divisional and corporate leaders, contributing to the creation of submissions, reinsurer audits, and internal strategy meetings. The role blends technical expertise with strategic foresight to drive efficiency and effectiveness in C&F's reinsurance activities.

What you will do:

    Treaty Submissions:
  • Assist in preparing and presenting reinsurance submissions.
  • Collaborate in the design phase of reinsurance treaties, analyzing and suggesting terms and clauses that would be beneficial for the company.
  1. Data Analysis:
  • Data-driven decision-making is at the heart of the role, requiring comprehensive analysis of portfolio risks, reinsurance market trends, and treaty performance.
  • Engage and educate stakeholders on reinsurance matters to ensure understanding and alignment.
  1. Cross-functional Collaboration:
  • Collaborate with C&F pricing and reserving actuaries to assess portfolio risk, optimize reinsurance structure and economics, and monitor performance.
  • Collaborate with underwriting management to facilitate reinsurance audits and ensure reinsurance coverage aligns with underwriting objectives.
  • Collaborate with claims to facilitate reinsurance audits, understand claim trends, and help ensure reinsurance loss reporting obligations are met.
  1. Market Analysis:
  • Stay abreast of trends, developments, and changes in the reinsurance market.
  • Provide insights and recommendations based on market intelligence.
  1. Contract and Compliance Management:
  • Contribute to ensuring that the final treaty documentation accurately reflects the agreed-upon terms and conditions.
  • Contribute to ensuring clarity and adherence to all regulatory requirements.

What you will bring to C&F:

  • Bachelor's degree in Business, Finance, Insurance, or a related field. Advanced degrees and industry designations (e.g., CPCU, ARe) are a plus.
  • 3+ years of related experience required
  • Prior experience in ceded reinsurance roles or similar is preferred.
  • Ability to work collaboratively across departments and manage multiple priorities.
  • High proficiency in Excel.
  • Strong analytical and decision-making abilities.
  • Excellent communication skills, both written and verbal.
What C&F will bring to you
  • Competitive compensation package
  • Generous 401K employer match
  • Employee Stock Purchase plan with employer matching
  • Generous Paid Time Off
  • Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing
  • A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
  • A dynamic, ambitious, fun and exciting work environment
  • We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $71,600.00 to a maximum of $119,300.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
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