Reinsurance and Statutory Capital Strategist

Overview

This role is responsible for designing, executing, and optimizing the enterprise reinsurance architecture and statutory capital strategy. The position supports corporate solvency, improves risk-adjusted returns, enhances capital efficiency, and helps enable enterprise growth across regulated insurance entities.

Success in this position requires deep experience with reinsurance structuring, captive creation and management, affiliate reinsurance arrangements, and statutory capital frameworks, along with strong operational execution and regulatory rigor.

Health insurance experience is preferred; however, extensive expertise gained within Property & Casualty (P&C), Life, or multi-line re/insurance environments is valued.

Responsibilities

Reinsurance Strategy, Captives & Risk Transfer Architecture

• Reinsurance program design & placement: Lead end-to-end evaluation, structuring, negotiation, and placement of enterprise reinsurance solutions (including quota share, excess of loss, stop-loss, and prospective/retrospective risk transfer structures).
• Captive management & formation: Oversee operational, financial, and strategic management of captive insurance entities; evaluate and execute captive opportunities to optimize risk retention, tax efficiency, and capital deployment.
• Affiliate reinsurance & intercompany structuring: Design, implement, and maintain intercompany quota share and affiliate reinsurance arrangements to align risk profiles, manage entity-level capital requirements, and optimize group-wide statutory surplus.
• Broker & reinsurer relationship management: Serve as the primary liaison to external reinsurance brokers, global reinsurers, and ratings agencies; secure optimal pricing, terms, and risk-transfer capacity.

Statutory Capital Optimization & Financial Strategy

• Statutory capital & RBC management: Monitor, model, and optimize statutory capital positions, Risk-Based Capital (RBC) ratios, and surplus requirements across all operating risk-bearing legal entities.
• Capital strategy & forecasting: Partner with Treasury, Actuarial, and Corporate Finance to develop long-term capital allocation models, stress test statutory balance sheets, and evaluate strategic capital-raising or risk-mitigation initiatives.
• Accounting & transaction accounting: Oversee statutory accounting treatment, collateral requirements (including LOCs and trust accounts), and financial reporting entries associated with complex reinsurance contracts and intercompany arrangements.

Regulatory Engagement & Audit Oversight

• Regulatory interfacing & filings: Interface with state departments of insurance (DOIs) and insurance commissioners on reinsurance agreements, captive operations, Form D filings, and statutory capital plans.
• External audit & examination management: Lead audit defense and technical reviews with external financial auditors, state exam teams, and independent actuarial reviewers on matters related to reinsurance credit, statutory risk transfer, and capital adequacy.
• Regulatory compliance & governance: Ensure adherence to statutory accounting principles (SAP), NAIC guidelines, Model Regulation requirements, and state-specific insurance holding company rules.

Executive Leadership & Cross-Functional Collaboration

• Strategic advisory: Advise the CFO, Chief Actuary, Board of Directors, and executive committees on capital management, risk protection, and emerging capital/reinsurance market opportunities.
• Cross-functional integration: Collaborate with Actuarial, Underwriting, Legal, Finance, Tax, and Claims teams to align reinsurance terms, claims recovery procedures, and capital strategies with operational capabilities and corporate goals.

Requirements

• Hands-on execution: Proven transaction experience and ability to execute in real-world settings; collaborative leadership is required.
• Reinsurance & capital expertise: 8+ years of progressive experience in reinsurance, capital management, corporate finance, or risk transfer, with demonstrated track record designing and placing complex reinsurance structures.
• Captive & affiliate structuring: Hands-on experience structuring and/or managing captive insurance entities, intercompany reinsurance transactions, or affiliate risk-pooling mechanisms.
• Cross-industry background: Experience in Health Insurance, Property & Casualty (P&C), Life, or Reinsurance Brokerage/Underwriting is accepted and valued.
• Statutory capital & accounting mastery: Thorough understanding of statutory accounting principles (SAP), RBC mechanics, statutory surplus management, and NAIC regulatory frameworks.
• Regulatory & audit interfacing: Demonstrated track record engaging state insurance regulators, managing financial examinations, and securing approval for regulatory filings (including Form D intercompany agreements).
• Collaborative leadership & negotiation: Strong negotiation and interpersonal skills; ability to build consensus across internal finance/legal teams and external brokers, reinsurers, and regulators.

Preferred Qualifications

• Healthcare insurance exposure: Prior experience within managed care, health insurance statutory capital, or healthcare stop-loss/quota-share markets.
• Credentials (optional): Fellow of the Society of Actuaries (FSA), Casualty Actuarial Society (FCAS/ACAS), or CPA/CFA designations.

Compensation & Benefits

• Salary range: $175,000 - $250,000 / year
• Employer sponsored health, dental, and vision plan with low or no premium
• Generous paid time off
• $100 monthly mobile or internet stipend
• Stock options for all employees
• Bonus eligibility for all roles excluding Director and above; Commission eligibility for Sales roles
• Parental leave program
• 401K program
• Additional benefits (“And more....” noted in original posting)

Note: Total rewards package described applies to full time employees only; intern and contract positions are not eligible.

Location

Remote (listed with remote designation).

Equal Opportunity

The organization is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, pregnancy status, marital status, national origin, disability, age, sexual orientation, veteran status, genetic information, gender identity, gender expression, or any other factor prohibited by law.