Director, Ceded Reinsurance

We created Openly because we saw an evident gap in the market for premium insurance made simple. Consumers deserve more complete coverage at competitive prices.

At Openly, our people are just as important as our product. For us, collaboration, communication, and work-life balance are more than nice-to-haves— they’re the must-haves that make us who we are. We believe a great company is the result of a shared set of values, so we look for these qualities in every candidate we hire. 

We've designed our hiring process with you, the candidate, in mind. At every step, you have the chance to present your strengths and learn more about what makes Openly a great place to work.

We embrace individuality and believe diverse teams are winning teams. Our commitment to inclusion across race, gender, age, religion, identity, and experience drives us forward every day.

Openly is seeking a ceded reinsurance director who will help lead the company’s day-to-day ceded reinsurance operations while developing iterative improvement of the company’s buying strategy. This role will critically contribute to improving spend efficiency, reducing EBIT volatility, and protecting risk capital.

Reporting to the Chief Accounting & Risk Officer, the Director, Ceded Reinsurance will collaborate in the development of and be responsible for the execution of the ceded reinsurance strategy for Openly by managing existing broker and reinsurance programs and relationships, forging new relationships and structures and serving as a liaison of reinsurance activities. This person will leverage and create strong relationships with brokers, reinsurers, carriers, and alternative capital providers supporting Openly’s growth and profitability strategies.  This person will bring strong technical reinsurance experience, interpersonal skills, market relationships and innovative thinking to the reinsurance function.

Responsibilities include:

Candidates are required to be analytical, highly effective communicators, and display thoughtful business judgement.  The candidate will also have a proven track record within the reinsurance industry and have strong existing relationships within the industry.  The candidate should be  a self-starter with a strong work ethic who is highly results-oriented, inquisitive, and enjoys problem solving with minimal structure.

Requirements:

Below is the budgeted salary range for this position.  Actual compensation for this position will be determined based on the successful candidate's experience and skills. We are committed to providing a compensation package that not only reflects the responsibilities and requirements of the role, but also the unique expertise that the chosen candidate will bring to our team.

The full salary range shows the min to max salary range for this position.  Actual compensation will be commensurate with experience and qualifications and determined based on various factors including the candidate's qualifications, skills, and experience.