Reinsurance Specialist

  • 37962
  • Non-Life - CAT Modeling
  • |
  • Manitoba, Canada
  • |
  • Aug 12, 2020
  • Creates and maintains an exposure database for catastrophe modeling.
  • Assists in the implementation and use of third-party catastrophe models.
  • Monitors catastrophe exposure accumulations on a quarterly basis.
  • Assists in the administration and monitoring of the company reinsurance contracts.
  • Assists in the monthly calculation of ceded recoveries - casualty, catastrophes and facultative.
  • Assists in the monthly monitoring of facultative placements by regional branches.
  • Assists in monthly reporting to reinsurers.
  • Assists in completing regulatory earthquake filings with government agencies.
  • Assists with the annual reinsurance data submission.
  • Assists in the allocation proposal for the reinsurance premium annually.
  • Performs ad hoc data reporting requests as required.
  • Remains up to date on all regulatory and legal actions/decisions affecting insurance company operations in general.
  • Performs other duties and projects as assigned.
  • Undergraduate university degree in Actuarial Mathematics, Statistics, Mathematics, Computer Science or other related field of study.
  • Minimum of 3 years of experience in a P&C insurance related role.
  • Extensive knowledge of the Property & Casualty insurance industry and insurance operations in general.
  • Strong written and verbal communication skills.
  • Excellent analytical and problem-solving skills with the ability to identify relationships, problems and issues to solve complex problems.
  • Strong organization skills with the ability to handle multiple concurrent assignments in a timely manner.
  • Ability to work as part of a team as well as independently.
  • Expert proficiency in MS Excel required; experience with MicroStrategy or SQL would be an asset.
  • Actuarial exams, a CIP designation or a ARe designation would be a definite asset.