Reinsurance, Program Business Specialist

This is a fully remote position, open to applicants in United States, +2 more countries.

📋 Description

• Develop realistic scenarios that encompass treaty and facultative reinsurance, attachment and exhaustion, cessions, recoverables, bordereaux, delegated authority, program governance, fronting, captives, and risk participation.

• Construct structure comparisons, submission analyses, contract summaries, program reviews, counterparty assessments, and recommendations for risk transfer.

• Compose “golden” reference responses that meet the quality standards of experienced reinsurance and program business.

• Evaluate AI-generated responses for structural accuracy, contract logic, financial comprehension, stakeholder roles, and market realism.

• Recognize misconceptions related to layers, limits, retentions, commissions, claims control, collateral, counterparty exposure, and carrier-MGA responsibilities.

• Offer written feedback to the research team to enhance model performance.

• Engage in onboarding office hours and calibration sessions.

• Contribute to projects focused on training and improving frontier AI models for Mercor and its partner AI lab.

⛳️ Requirements

• Over 2 years of professional experience in reinsurance, program business, delegated authority, fronting, captive insurance, or alternative risk transfer.

• Familiarity with at least one of the following: treaty reinsurance, facultative reinsurance, MGA/MGU programs, Lloyd's arrangements, captives, or fronted programs.

• Capability to identify the economic and operational responsibilities of cedents, reinsurers, brokers, MGAs, fronting carriers, and insured parties.

• Comprehension of how contract structure impacts risk transfer, earnings, collateral, claims handling, and reporting.

• Exceptional written reasoning, commercial judgment, and a keen attention to detail.

• Proficiency in distinguishing reinsurance decisions from direct underwriting and standard claim adjudication.

• CPCU, ARe, ARM, ACAS, FCAS, or a similar designation is considered a bonus qualification.

• Experience in both ceded and assumed reinsurance is regarded as a bonus qualification.

• Background in reinsurance broking, treaty wording, recoverables, or claims is seen as a bonus qualification.

• Program audit, delegated-authority, or bordereaux-management experience is acknowledged as a bonus qualification.

• Experience with captive, large-deductible, retrospective-rating, or risk-sharing is considered a bonus qualification.

• Must be capable of working as an independent contractor.

• Minimum availability of 20 hours per week, ideally 40+ hours.

• H1-B and STEM OPT candidates will not be supported.

🏝️ Benefits

• $800 flat payment upon successful completion of onboarding.

• Weekly payments via Stripe or Wise based on services rendered.

• Fully remote work environment.

• Flexible schedule to accommodate personal preferences.

• Projects may be extended, shortened, or concluded early based on needs and performance.

• Competitive compensation.

• Opportunity to collaborate with leading researchers.

• Referral payments of up to $320 for each successful referral.