Reinsurance Analyst - Juniper Re

About the position Juniper Re is a specialist reinsurance broker, comprised of talented and trusted professionals with extensive experience and knowledge in the reinsurance broking and the broader (re)insurance industry. Our team has deep, wide-ranging expertise across broking, analytics, client service, risk and compliance, and operational disciplines. We use a dynamic, analytical, and collaborative, cross-disciplined approach to deliver insightful counsel and solutions to our clients. With offices across the U.S. and in the U.K. and Bermuda, Juniper Re is an expansive brand with a strong focus on our clients, understanding of market dynamics, and access to key reinsurance capacity and solutions. As an up-and-coming reinsurance broker, we have the flexibility, ingenuity, and entrepreneurial energy to develop and deliver the best solutions for our clients through our collaborative, tailored, one- team approach to meeting our client needs. We seek long-term partnerships with our clients and trading partners with the singular focus of meeting our client’s near and longer-term objectives. The Juniper Re Graduate Hire Program provides an exciting, unique, and accelerated foundation to your career in reinsurance. Our rapid expansion will provide exceptional, challenging, and rewarding opportunities to grow individually and as part of a team. Our program provides a combination of structured learning sessions and on-the-job training, including exposure to Client Services, Actuarial, and Catastrophe Analytics, affording a broad and deep base of understanding of our business. Graduate Hires are placed into specific disciplines (e.g., Broking, Actuarial, Cat Analytics, etc.) and undergo a 24-month training period involving a combination of formal and informal training. During our 24-month program, Graduate Hires will also obtain a (re)insurance broking license and the Associate in Reinsurance (ARe) designation with materials and exams covered by Juniper Re. The ideal candidate will have work and/or community volunteering experience (not required to be specific to the (re)insurance industry, although may be considered a plus). The program is open to all majors. This position is based in Philadelphia, PA or Chattanooga, TN. Juniper Re, the dedicated reinsurance arm of Baldwin Group. For more information, please visit www.juniperre.com .

Responsibilities

• Develop a thorough understanding of the reinsurance placement process and provide support to respective teams, including: the collection, cleansing, analysis, and application of data; topical research; executing essential tasks; and updating team members on placement progress / issues.
• Develop a foundational understanding of reinsurance agreements (contracts) and assist with broker review on contract documentation. Ensure terms accurately reflect the intended placement program structure, and ensure the timely production of and follow-up on contract documentation.
• Develop robust understanding of accounting and claims administration, including: premium calculations, invoicing, payment processing, claims reporting, and loss collections. Work with Client Services to monitor and assist in responding to client queries and concerns.
• Develop a thorough understanding of insurance and reinsurance markets (function, product lines, capacity, etc.) and develop client and reinsurance relationships.
• Understand and follow all best practice procedures and compliance policies, including, but not limited to, building a complete placement file as the placement progresses to minimize errors & omissions.
• Develop proficiency with Microsoft Word, PowerPoint, and Excel and support the preparation of proposals and presentations.
• Assist broking team with the scheduling of client visits, production visits, and reinsurer meetings and audits.
• Assist respective disciplines (Broking, Risk & Compliance, and Client Services) with the coordination of client onboarding, integration, and information transfer.
• Embody the One Team approach and communicate effectively with all stakeholders and team members.
• Assume and perform specialized functions and special projects as requested.

Requirements

• Bachelors or Master’s Degree
• Strong academic experience in field of study
• Strong verbal, written, and mathematical skills
• Independent, driven self-starter with a robust intellectual curiosity
• Confident and well-rounded with a diverse set of interests outside of university studies
• Detail oriented with an ability to effectively organize and prioritize assignments and execute efficiently
• Strong interpersonal skills for establishing and developing constructive stakeholder relationships both internally and externally
• Exceptional problem-solving skills and an ability to adapt and be flexible to the changing demands of the business
• Proven communication skills and capable of working in an unstructured, team-oriented environment
• Strong Microsoft Excel, Word, & PowerPoint capabilities a plus

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