Manager, Ceded Reinsurance Finance
Company : Nautilus Insurance Company
Location : Greenwich, CT, 06830
Job Type : Full Time / Part Time
Date Posted : 9 January 2026
Company Details
"Our Company provides a state of predictability which allows brokers and agents to act with confidence."
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.
Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
The Company is an equal employment opportunity employer.
Responsibilities
The Manager of Ceded Reinsurance Operations is responsible for overseeing the end-to-end operational and accounting processes related to the company’s ceded reinsurance portfolio. This role ensures the integrity of financial data, supports strategic reinsurance initiatives, and leads a team of professionals in executing accurate and timely processing of reinsurance transactions. The ideal candidate will bring deep technical knowledge of ceded reinsurance, strong leadership capabilities, and a continuous improvement mindset.
Responsibilities: • Maintain and enhance the ceded reinsurance source system, ensuring data integrity and alignment with general ledger and sub-ledger systems.• Lead and support the Data Warehouse team in developing out ceded reinsurance solutions.• Provide recommendations on upstream data fixes on a case-by-case basis for operating units to review, approve and implement.• Review, understand and interpret complex reinsurance treaties, converting them into application specifications and contracts. Monitor treaty compliance and ensure adherence to contractual terms and regulatory requirements.• Assist in transformation, change project and implementation.• Partner with IT and Finance to implement system upgrades, automation tools, and reporting enhancements.• Develop and maintain documentation for operational processes, controls, and system workflows.• Book and close Ceded Reinsurance Source System accounting, execution of contracts, processing of invoices, and recovery of reinsured losses. Process months end close for multiple business units in source system and general ledger. Involves strong collaboration with divisional and subsidiary personnel, IT teams and offshore teams.• Ensure accurate and timely recording of ceded premiums, losses, and recoverable. Oversee cash application and reconciliation of reinsurance recoverable and payables.• Understanding of Ceded Group Reinsurance Contract treaties and their allocations.• Assist in the calculation of adjustable features, including contingent and sliding scale commissions, on reinsurance programs. Verify that adjustments comply with the reinsurance contracts.• Assist in inquiries from Corporate Finance, actuarial, underwriting and Insurance Risk Management (IRM) team.• Communicate and training of the offshore team and ensuring quality and accuracy of deliverables.• Assist and review in preparation of regulatory reports, experience in Sch F, P, Broker billing and invoicing and Collateral process.• Support ad hoc activities/projects.
Qualifications
• Minimum 5 years of experience in ceded reinsurance operations, with at least 1 to 2 years in a leadership or supervisory role.• Industry knowledge- strong understanding of reinsurance accounting concepts and ability to understand and interpret reinsurance contracts. Deep understanding of reinsurance structures (quota share, excess of loss, facultative, etc.).• Communication skills- effective communication skills for addressing issues with subsidiary CFO’s, controllers, other accounting personnel and reinsurance department personnel. • Advanced Excel skills, experience with Reinsurance Source Systems, PeopleSoft a plus. Exposure to automation tools (e.g., Power BI, RPA) is a plus.• Highly motivated team player with good written and verbal communication skills.
Education Requirement
• Bachelor’s degree in finance or accounting is preferred. • Master’s in computer science or insurance certification a plus.
Additional Company Details
Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.Related Jobs
Frequently asked questions
Mastering the nuances of reinsurance treaties, such as quota share or excess of loss, is crucial for this role. It ensures precise contract interpretation and compliance, which directly influences accurate financial reporting and risk management within ceded portfolios.
Strong leadership fosters effective collaboration between finance, IT, and offshore teams, enabling seamless processing of reinsurance transactions. Guiding a team with clear communication and continuous improvement elevates operational efficiency and data integrity.
Utilizing reinsurance source systems alongside automation platforms like Power BI and RPA enhances data accuracy and reporting speed. Familiarity with PeopleSoft or similar ERP systems also supports streamlined accounting and reconciliation processes.
At Nautilus, embedded within W. R. Berkley Corporation, this role offers exposure to a vast, diversified reinsurance portfolio managed with cutting-edge technology and strategic growth initiatives, providing a unique opportunity to influence large-scale financial operations.
Nautilus emphasizes predictability and confidence, fostering a culture of precision and accountability. This environment demands meticulous attention to reinsurance data integrity and promotes innovation, aligning with the company’s continuous improvement mindset.
Greenwich hosts a robust insurance and finance sector with growing demand for specialized reinsurance roles. Competition is moderate, with employers valuing candidates who combine technical reinsurance expertise with leadership and automation skills.
Certifications like CPCU or ARM are highly regarded in Connecticut’s insurance hub, enhancing credibility and opening doors to senior roles. Locally, these credentials signal expertise aligned with regulatory standards and industry best practices.
In Greenwich, CT, salaries for this managerial role typically range from $110,000 to $140,000 annually, reflecting the specialized skill set, leadership responsibilities, and the high cost of living in a prominent insurance market.
Key challenges include ensuring seamless coordination across multiple business units and offshore teams, maintaining data accuracy amid complex treaty structures, and integrating automation tools without disrupting existing workflows.
This position requires close collaboration with IT for system upgrades, finance for accounting accuracy, and actuarial and underwriting teams to support data-driven decision-making, ensuring cohesive execution of reinsurance strategies.