Senior Analyst, Ceded Reinsurance Operations

Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We’re an innovative organization that’s small enough to be agile and big enough to make a difference in our industry.  

Our flexible workplace is continuously evolving to ensure all employees feel: 

• Comfortable bringing their whole selves to work. 
• Confident that they will be treated respectfully. 
• Recognized for their performance and provided with equal opportunities to succeed. 

At Argo, skill meets opportunity. If you’re wired to raise your hand and ask, “Where can I help?”, you’ll thrive with us. 

This position works with all operational aspects of ceded reinsurance and third-party capital transactions across Argo Group. This position is focused on daily operations of ceded reinsurance. Ceded Re Operations supports management and executes on processes and projects required for full transparency of the ceded related figures within the organization.

 

Key Accountabilities

• Partner with VP, Ceded Re Ops on all ceded operational, financial and accounting queries.
• Ensure data accuracy, including coordination of reconciliation of the treaty results with accounting team to confirm that the ceded results agree to the terms of the ceded agreements for the businesses.
• Maintain documentation for communicating reinsurance and third-party capital transactions for internal and external parties.
• Manage contract lifecycle management and governance.
• Respond to requests for internal and external audit for year end, quarterly reporting, and SOX control reviews.
• Review and produce materials and analyses for ceded reinsurance related committees.
• Liaise with brokers, business unit heads, ceded re and IT to coordinate counterparty audits.
• Ad-hoc projects including research and data analysis.
• Provide ceded reinsurance operations subject matter guidance on projects and trainings throughout the organization.
• Maintain SOX control documentation including treaty set-up documentation, reinsurer ratings, source system data reconciliation to ceded systems, and treaty population completeness controls.
• Produce supporting reports and data for regulatory requirements and inquiries.

 

Role Requirements: Qualifications / Skills / Competencies / Technical Skills / Experience

• Bachelor’s degree or related equivalent work experience.
• 5+ years of related work experience in reinsurance, reinsurance operations or reinsurance accounting, preferably in a property/casualty insurance environment.
• Clear understanding of Ceded Reinsurance and/or Retrocessional covers - - including understanding the workings of both Treaty and Facultative reinsurance.
• Ability to accurately research and follow through on complex problem-solving items, as well as initiate resolutions at multiple levels within the organization.
• General understanding of regulatory requirements (NAIC, US GAAP & BMA) along with solid understanding of SOX and regulatory compliance.
• Resourceful self-starter willing to work on projects with minimal supervision to support management objectives as well as ability to think intuitively.
• Strong computer skills required; Microsoft Office Suite (particularly Excel, Outlook, PowerPoint, and Word), SQL or Power BI a plus
• Ability to communicate clearly and succinctly whether in oral or written form.
• Candidate must be flexible; team-oriented and have strong administrative skills that include ability to prioritize and multi-task.

 ##LI-Remote

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.Colorado outside of Denver metro, Maryland, Nevada, and Rhode Island Pay Ranges:$75,900—$129,100 USDCalifornia outside of San Francisco metro area, Connecticut, Denver metro area, Washington State, and New York State (including Westchester County) Pay Ranges:$83,400—$141,800 USDNew York City and San Francisco metro areas Pay Ranges:$111,200—$183,500 USD

PLEASE NOTE:  At this time, Argo Group will not sponsor an applicant for employment authorization for this position.

If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. 

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