Reinsurance Specialist jobs in Rockville, MD

POSITION OVERVIEW 

NLC Mutual serves state municipal league risk pools throughout the United States with a focus on reinsurance, risk financing, and risk management needs. The Reinsurance Underwriter is responsible for underwriting a profitable book of national public entity business in 25 states through risk assessment and pricing.  This includes working in close collaboration with staff members, and pro-actively building relationships with current and prospective NLC Mutual members. The ideal candidate for this role will be an experienced underwriter of public entity business, an analytical and strategic thinker, a data-driven problem solver, a skilled presenter, team player, and proven relationship builder. 

 DUTIES AND RESPONSIBILITIES  

• Analyze and underwrite treaty and individual account reinsurance for workers’ compensation, property, and liability risks including risk assessment and pricing for profitable book of business.
• Proactively build relationships with existing and prospective members to move the organization forward.   
• Develop/evaluate ceded and assumed insurance/reinsurance contract wording.
• Conduct underwriting analyses around key business functions, metrics, and process enhancement across the entire book of business.   
• Work with and provides feedback to Actuary and Management for account management and to develop pricing for each account.  
• Assist in development and administration of ceded facultative and treaty placement.
• Complete special projects and other related duties as assigned.
• Make presentations to NLC Mutual’s Board of Directors, and with the boards/staff of individual members.  
• May supervise staff.
• Travel required locally, regionally, and nationally.   

MINIMUM QUALIFICATIONS 

• Bachelor’s degree required
• Minimum five years professional work experience in an insurance or reinsurance environment.  Proficiency with Word and Excel applications also required.  
• Insurance/risk management coursework (such as IIA, ARe or CPCU) preferred
• Firm understanding of insurance and reinsurance contract wording.  

OUR BENEFITS 

• Competitive benefits and retirement package 
• Generous paid time off and holidays 
• Remote work
• Professional Development 

EOE/M/F/D/V