Ceded Reinsurance Consultant, Reinsurance Placement (Remote)

Benefits

Additional Information

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care. This role reports to the P&C Reinsurance Placement Leader and serves as a key Ceded Reinsurance Consultant, responsible for developing and executing strategies that enable effective risk transfer solutions to support business growth and risk mitigation. The position involves close collaboration with reinsurance brokers, reinsurers, and senior underwriting leaders to design and implement optimal reinsurance structures for the Alternative Ventures and Specialty Finance portfolios. As a Ceded Re Consultant, this role leads treaty placement activities, including setting placement strategy, directing broker and reinsurer engagement, negotiating program terms, and ensuring alignment with enterprise risk and capital objectives. The role provides leadership throughout the placement lifecycle, driving timely execution and optimizing market outcomes. In addition, this position contributes to corporate treaty renewals by providing subject matter expertise for Alternative Ventures and Specialty Finance. This includes supporting renewal data strategy and development of marketing materials in partnership with underwriting, actuarial, and finance stakeholders to strengthen the program narrative. The role also collaborates with legal to review, negotiate, and finalize contract language to ensure alignment with coverage intent and compliance standards. Experience in reinsurance, underwriting, finance, or claims is preferred. Ideal candidates will demonstrate strong capabilities in the following areas: Strategic analysis and decision-making Consultative leadership and stakeholder influence Market-facing negotiation and placement execution Cross-functional collaboration It is our intention to fill this role in Columbus, OH, Scottsdale, AZ or Des Moines, IA. However, applications from candidates working remotely who bring critical industry skills and relevant experience may be considered. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. #LI-KD1 Job Description Summary JOB SUMMARY: Leads activities related to enterprise risk management or ceded reinsurance policies and procedures. Leads activities related to insurance and reinsurance program design, placement, administration, insurance and/or reinsurance claims recovery, reinsurance accounting and risk mitigation. Provides consultation and advanced solutions to enterprise senior management on complex risk management, insurance and reinsurance recovery issues. Note-associates in this classification may specialize in corporate risk management, ceded reinsurance, reinsurance accounting, or reinsurance claims recovery. Job Description REPORTING RELATIONSHIPS : Reports to Manager/Director/Sr Director CORE JOB DUTIES & RESPONSIBILITIES : Provides consultation and supports the design, evaluation and implementation of insurance, reinsurance and/or alternative risk transfer programs, both ceded and assumed, negotiating rates and contract terms. Serves as business unit technical subject matter expert for reinsurance facing systems and applications, including internal data extractions and analysis. Provides leadership on an enterprise insurance or ceded reinsurance claims administration and recovery operation, ensuring accurate, timely and complete communications with insurers, reinsurance and brokers in accord with contract requirements and in collaboration with enterprise business units and staff offices. Assist in producing or verifying data and exhibits required for risk transfer or recovery submissions. Assists in Facultative reinsurance processing and accounting. Coordinates a reinsurance claims recovery process, including communications with brokers and reinsurers in accordance with contract requirements. Advises on contract language interpretation for recovery application. Coordinates compliance with company accounting and reporting standards, under strict guidelines. Partners on process improvements initiatives. Develops and maintains corporate risk management or reinsurance policies and procedures to assure efficient and effective best practices. Provides analysis and support for risk transfer decisions including structure, pricing and cost allocations. Conducts and leads activities regarding the planning, development and implementation of risk and loss prevention controls to ensure accurate claims handling, safety compliance, and risk management analysis. Coordinates preparation & review of risk transfer and recovery reports, May review other associates' work for data accuracy and technical resolutions.