Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.
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.
Director, Ceded Reinsurance
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:
Candidate Profile
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:
Compensation & Benefits:
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.
Benefits & Perks
Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time.
U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.
Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law.
We strive to provide an exceptional applicant and candidate journey when you engage with us. In an effort to respond to applicants in a timely manner, we leverage AI to organize applications and resumes based on required and applicable skills and experience. To allow our applicants to drive their initial interview experience with us, we may leverage an AI-supported scheduling tool so you can choose when to meet with our team. While AI assists with efficiency, all hiring decisions are made by our team members. Rest assured, your data is protected according to privacy laws and company policies. Contact our recruitment team with any questions about our AI-assisted hiring process.
Openly is transforming the insurance landscape by offering premium home insurance solutions designed specifically for high-value properties. Our focus on leveraging technology and data streamlines the quoting process, making it easier and more efficient for consumers to obtain tailored coverage.
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