Director of Reinsurance bei Fidelity Security Life Insurance Company

Fidelity Security Life Insurance Company, and its affiliates (“FSL”), provide insurance and insurance related services to clients, corporations, employers and individuals. These services include providing benefits through innovative life and health insurance plans, financial services, and customized insurance products for niche markets. 

Position Summary

Responsible for FSL’s Reinsurance Department, which includes managing FSL’s reinsurance for all lines of life and health business ceded or assumed by FSL The Reinsurance Department, as a Risk Management Control Point, supports all aspects of ceded and assumed risks, including marketing, financial, actuarial and investment departments. This position oversees the execution of all risk transfer agreements across all life and health lines, and the planning, directing and implementing of all FSL policies and procedures with respect to its reinsurance program, including financial review of reinsurers, treaty documentation, and communication of treaty requirements throughout the organization. Responsibility also includes presentation of marketing opportunities of both ceded and assumed risks.

Expectations

• Oversees the Implementation of FSL’s strategies as it relates to the use of risk transfer from or to FSL and establishes and drives the functional strategies of the Reinsurance Department to support the overall strategic objectives. 
• Oversees the execution of risk transfer agreements spanning all lines of business, including those of FSL or its affiliates, including its affiliated reinsurance captive. 
• Participates in the negotiation, and development of risk transfer solutions to facilitate growth. 
• Oversees the procuring, summarizing, and presenting data and information to our reinsurers and assuming insurers  
• Ensures proper controls and governance are in place for reinsurance processes. Partners with external and internal auditors as required.
• Integral management of reinsurer relationships and distributor relationships (+50 relationships)
• Markets FSL’s risk transfer objections and assesses and communicates marketing and risk transfer opportunities
• Performs other related duties as required and assigned.

Competencies

• Exceptional verbal and written communication, interpersonal, problem-solving, analytical, oral presentation, and organizational skills
• Demonstrated ability for effective and responsive dealing with a wide range of reinsurance issues
• Adept with understanding financial, and actuarial issues of ceded and assumed risks.
• Strong managements skills. 

Requisites

• Minimum of ten years of direct and assumed risk transfer.
• College degree or educational equivalent
• Must have technical knowledge of insurance company and its reserving and capital requirements
• Must have advanced communication skills both written and oral to traverse multiple audiences including senior leaders (Chief Risk Officer, CFO, Business Presidents). 
• Must have advanced knowledge of life, annuity and health insurance products, underwriting and pricing
• Minimum of 3 years of managing staff. 
• Must have highly developed negotiation skills and relationship management skills. Must be proficient in contract interpretation and negotiation in partnership with the office of general counsel.

We offer comprehensive benefits to full-time employees including company-paid medical, STD, LTD and life insurance; plus voluntary dental, vision, life/AD&D insurance, 401(k) with company matching, generous paid time off and much more. 

We encourage applicants of all ages and experience, as we do not discriminate on the basis of an applicant’s age. 

ALL OFFERS OF EMPLOYMENT ARE CONTINGENT UPON THE PASSING OF A DRUG SCREEN AND BACKGROUND CHECK.