Reinsurance and Statutory Capital Strategist

This is a fully remote position, open to applicants in United States.

📋 Description

• Guide the comprehensive evaluation, structuring, negotiation, and placement of enterprise reinsurance solutions.

• Manage the operational, financial, and strategic oversight of captive insurance entities.

• Assess and implement captive opportunities to enhance risk retention, tax efficiency, and capital allocation.

• Create, execute, and sustain intercompany quota share and affiliate reinsurance agreements.

• Act as the main point of contact for external reinsurance brokers, global reinsurers, and rating agencies.

• Monitor, model, and optimize statutory capital positions, RBC ratios, and surplus requirements.

• Develop long-term capital allocation models and conduct stress tests on statutory balance sheets in collaboration with Treasury, Actuarial, and Corporate Finance.

• Supervise statutory accounting treatments, collateral requirements, and financial reporting entries associated with complex reinsurance contracts and intercompany arrangements.

• Engage with state insurance departments and insurance commissioners regarding reinsurance agreements, captive operations, Form D filings, and statutory capital strategies.

• Lead audit defense and technical assessments with external auditors, state examination teams, and independent actuarial reviewers.

• Ensure compliance with SAP, NAIC guidelines, Model Regulation requirements, and state-specific insurance holding company regulations.

• Provide counsel to the CFO, Chief Actuary, Board of Directors, and executive committees on capital management, risk protection, and market opportunities.

• Collaborate with Actuarial, Underwriting, Legal, Finance, Tax, and Claims teams.

⛳️ Requirements

• 8+ years of progressive experience in reinsurance, capital management, corporate finance, or risk transfer.

• Documented success in designing and placing intricate reinsurance structures.

• Practical experience in structuring and/or managing captive insurance entities, intercompany reinsurance transactions, or affiliate risk-pooling mechanisms.

• Extensive experience in Health Insurance, Property & Casualty (P&C), Life, or Reinsurance Brokerage/Underwriting.

• Comprehensive understanding of statutory accounting principles (SAP), Risk-Based Capital (RBC) mechanics, statutory surplus management, and NAIC regulatory frameworks.

• Proven history of direct engagement with state insurance regulators, managing financial examinations, and obtaining approvals for regulatory filings (e.g., Form D intercompany agreements).

• Strong negotiation and interpersonal abilities.

• Capacity to build consensus among internal finance/legal teams and external brokers, reinsurers, and regulatory bodies.

• Experience in healthcare insurance is an advantage, though not mandatory.

• Credentials such as FSA, FCAS/ACAS, CPA, or CFA are considered additional benefits, but not required.

🏝️ Benefits

• Employer-sponsored health, dental, and vision plan with minimal or no premiums.

• Generous paid time off.

• Monthly mobile or internet stipend of $100.

• Stock options available for all employees.

• Bonus eligibility for all roles, excluding Director and above.

• Commission eligibility for Sales roles.

• Parental leave program.

• 401K program.