Ceded Reinsurance Underwriting Manager

  • Zurich Insurance Company Ltd.
  • Schaumburg, Illinois
  • Full Time
p style=margin:0.0in;line-height:normalspan style=Zurich is currently hiring a Ceded Reinsurance Underwriting Manager in the US. This role reports into the Head of Ceded Reinsurance within Group Reinsurance, Zurichs central Reinsurance function. /span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=This role will have the responsibility for developing and executing Zurichs treaty reinsurance strategy, in support of our business strategy and plan, with a focus in the US, but also globally./span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=In line with the global reinsurance strategy, the Ceded Reinsurance Underwriting Manager will develop and manage relationships with assigned businesses and work closely to build and execute treaty reinsurance strategies that meet the needs of our businesses./span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=This includes development and alignment of our treaty level reinsurance strategy with stakeholders, developing a marketing plan using data, negotiations with reinsurers, conclusion, documentation, and signing complex treaty reinsurance agreements in accordance with the personal underwriting authority granted by the Group./span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=What you will do:/span/pp style=margin:0.0in;line-height:normal /pul style=margin-top:0.0in;margin-bottom:0.0in type=discli style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Positioned as a business partner, develop, and align treaty level reinsurance strategies, in conjunction with key stakeholders, to support our business strategy and plan. This includes treaty structural optimization and defining scope of cover./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Working closely with Group Reinsurance and BU Actuarial colleagues utilizing their insights and findings in the decision-making process./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Executing treaty reinsurance agreements, which includes managing a data call process, communicating, and negotiating with reinsurance partners, contract development, execution, and documentation of reinsurance agreements. brExamples include:/span/li/ulul style=margin-top:0.0in;margin-bottom:0.0inli style=margin:0.0in 0.0in 0.0in 48.0px;line-height:normalspan style=Ensuring that data is suitable for external and internal treaty pricing purposes./span/lili style=margin:0.0in 0.0in 0.0in 48.0px;line-height:normalspan style=Design scope of cover and facilitate the development of contract wording./span/lili style=margin:0.0in 0.0in 0.0in 48.0px;line-height:normalspan style=Coordinate running internal pricing models, calculation of benchmark price, and optimize reinsurance structure./span/lili style=margin:0.0in 0.0in 0.0in 48.0px;line-height:normalspan style=Negotiate and agree terms and conditions with approved reinsurers; finalize contract wordings./span/lili style=margin:0.0in 0.0in 0.0in 48.0px;line-height:normalspan style=Ensure reinsurance governance in accordance with the Zurich Risk Policy is adhered to and documented as required./span/li/ulul style=margin-top:0.0in;margin-bottom:0.0in type=discli style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Actively supporting and promoting relationship management with the Zurich Business Units, and support the relationship management of attributed cedents, reinsurers, and/or reinsurance brokers./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Supporting treaty premium planning amp; analysis for assigned business /span/li/ulp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=This is a unique opportunity to be part of a Global team at Zurich and manage both US and Global third-party treaty reinsurance agreements. /span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=This role follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements. /span/pp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=What you bring to the table:/span/pp style=margin:0.0in;line-height:normal /pul style=margin-top:0.0in;margin-bottom:0.0in type=discli style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Ability to build strong business partnering relationships within Zurich./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Experience working across business units/functions and collaboration in a team environment./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Minimum of 10 years experience of Reinsurance, underwriting, or brokerage./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Strong verbal and written communication abilities, capable of engaging with high management levels./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Proficiency and motivation in working with technical details./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Strategic thinking capabilities/span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Proficiency in influencing and negotiation./span/li/ulp style=margin:0.0in;line-height:normal /pp style=margin:0.0in;line-height:normalspan style=Basic Qualifications:/span/pp style=margin:0.0in;line-height:normal /pulli style=line-height:normalspan style=Bachelors degree and 10 or more years of experience in the Reinsurance area brOR /span/lili style=line-height:normalspan style=High School Diploma or Equivalent and 10 or more years of experience in the Reinsurance area /spanspan style= brAND /span/lili style=line-height:normalspan style=Experience in claims, reinsurance, and legal/coverage issues on direct and reinsurance claims for multiple lines of business. /span/lili style=line-height:normalspan style=Leadership experience/span/lili style=line-height:normal /li/ulp style=margin:0.0in;line-height:normalspan style=Preferred Qualifications:/span/pp style=margin:0.0in;line-height:normal /pul style=margin-top:0.0in;margin-bottom:0.0in type=discli style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Negotiation and business partnering experience./span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Underwriting background / experience/span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Strong analytics skillset /span/lili style=margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0inspan style=Advanced knowledge of reinsurance contracts/span/li/uldiv/divp /ppspan style=Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to applyyour unique background matters to us. The pay range shown is a national average and may vary by location. The proposed Salary range for this position is $132,500.00 - $217,000.00, with short-term incentive bonus eligibility set at 25%./span/pdiv /divp /ppspan style=We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards a style= title= href= target=_selfhere/a.]/span/ppspan style=strong /strong/span/ppspan style=strongWhy Zurich?/strong/span/ppspan style=At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environmentso you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500./span/pp /ppspan style=Join us for a brighter futurefor yourself and our customers./span/pp /ppspan style=Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets./span/pp /ppspan style=Zurich complies with 18 U.S. Code 1033./span/ppspan style=strong /strong/span/ppspan style=strongPlease note:/strong Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal./span/pp /ppspan style=Location(s): AM - Schaumburg, AM - Chicago, AM - New YorkbrRemote Working: HybridbrSchedule: Full TimebrEmployment Sponsorship Offered: No br brLinkedin Recruiter Tag: #LI-GR1 #LI-EXECUTIVE #LI-HYBRID /span/pp /pp /p
Job ID: 519439566
Originally Posted on: 5/1/2026

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