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Palomar · 9 hours ago

VP, Reinsurance

La Jolla, CA

Full-time

Onsite

Mid, Senior Level

$170K/yr - $255K/yr

5+ years exp

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. The VP, Reinsurance will support Palomar’s growth by leading and executing various reinsurance placements in alignment with the company's risk transfer objectives, while collaborating with senior leaders across multiple teams.

Insurance

Growth Opportunities

Responsibilities

Collaborate with various leaders and stakeholders in the analysis, marketing, placement and administration of multiple reinsurance treaties that achieve the company’s risk transfer objectives for individual lines of business and across the portfolio

Oversee the buying process of risk transfer solutions consisting of pro rata and excess of loss reinsurance treaties for both property and casualty lines of business. Some treaties will be program specific and others will cover a broader grouping of subject business

Consult with the company’s Program & Fronting division and Actuarial leads regarding program evaluation, development and enhancement of program-specific reinsurance placements

Coordinate with Reinsurance, Risk Management, Finance and Operations teams to ensure reinsurance programs are appropriately integrated with the company’s operations and meet company objectives

Develop and maintain relationships with reinsurance brokers and underwriters

Qualification

Reinsurance program designFinancial acumenLeadership skillsAnalytical skillsStakeholder managementCollaboration skillsTime managementCreative thinking

Required

Bachelor's degree or graduate degree required

5+ years of professional experience in the insurance industry, with strong leadership potential and business relationship skills to build trust and respect

Has experience leading reinsurance program design, analysis, placement, and execution specifically across various Casualty segments

Manage multiple projects and tasks concurrently with effective time management skills to meet fixed deadlines

Strong collaboration skills to ensure effective alignment among diverse teams, including appointed reinsurance broking teams

Excellent financial and reinsurance coverage acumen

Executive presence and ability to communicate with, influence, and manage stakeholders, including C-level executives

Highly developed analytical, decision-making, and strategic thinking skills with keen attention to detail

25% travel

Benefits

Full Suite of Medical Benefits

Long Term Financial Incentives – STOCK!

401k with 3.5% Automatic Fully Vested Employer Contributions

Competitive PTO + Holiday Program

Lifestyle Spending Account

Professional Development Assistance

Career Exploration Opportunities

Regular company-wide social events (even virtually!)

Company

Palomar

Founded in 2014, by a team with deep experience across underwriting, analytics, reinsurance and capital markets, Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting and Crop.

Founded in 2014

La Jolla, CA, US

201-500 employees