Ville : Toronto

Catégorie : PERMANENT FULLTIME

Industrie : Insurance

Employeur : Definity

The Manager, Ceded Reinsurance is responsible for leading the design, placement, execution, and administration of the company’s ceded reinsurance programs across all P&C lines of business. This role ensures the company maintains an optimal balance of risk retention, capital efficiency, and profitability while meeting regulatory, financial, and strategic requirements.

The successful candidate brings strong technical knowledge of Canadian P&C reinsurance markets, excellent analytical ability, and experience collaborating with internal actuarial, underwriting, claims, and finance teams, as well as external brokers and reinsurers.

 

What can you expect in this role? 

Reinsurance Program Design & Placement

• Lead the annual design, structuring, and negotiation of treaty reinsurance programs across all business lines.
• Evaluate market capacity, pricing, and terms to optimize coverage and cost-effectiveness.
• Collaborate with brokers to secure best‑in‑market solutions.
• Analyze reinsurance performance, cost-benefit, and retention strategies to inform decisions.
• Prepare materials for program submissions, management review, and executive approval.

Program Administration & Governance

• Ensure compliance with OSFI guidelines and internal risk policies.
• Maintain complete and auditable documentation of reinsurance agreements and related processes.

• Monitor reinsurer security and capacity; maintain approved reinsurer lists.

Claims & Recoveries

• Work with Claims leadership to ensure timely identification, reporting, and recovery of reinsured losses.
• Resolve complex or disputed claims with reinsurers and brokers where required.
• Monitor catastrophe events and coordinate reporting to reinsurers.

Leadership & Stakeholder Management

• Lead and mentor a small team of analysts and specialists.
• Build strong partnerships with underwriting, actuarial, claims, and finance teams.
• Represent the organization in reinsurance meetings, audits, and market engagements.
• Contribute to strategic initiatives, including new product launches, risk appetite assessments, and catastrophe planning.
  
   

What do you bring to the role? 

• 7+ years of progressive experience in ceded reinsurance, P&C actuarial, risk, or similar roles.
• University degree in business, actuarial science, mathematics, finance, or related field.
• Strong understanding of treaty and facultative reinsurance structures (quota share, surplus, excess of loss programs).
• Experience in the Canadian P&C regulatory environment (OSFI, provincial regulators).
• Proven analytical, negotiation, and financial modelling skills.
• Excellent communication, presentation, and relationship‑building abilities.
• CIP, CPA professional designations considered an asset

• Proficiency with reinsurance or finance systems considered an asset. 

Key Competencies:

• Strategic and analytical thinking
• Strong business and financial acumen
• Negotiation and relationship management
• Detail orientation and process discipline
• Leadership and coaching
• Ability to thrive in a fast‑paced, deadline-driven environment

Salary Range: $88,000 - $138,000