The Porch Company is hiring a
Head of Reinsurance

Summary

Join Porch Group, a leading vertical software and insurance platform, as the Head of Reinsurance. This role requires managing reinsurance renewal processes, analyzing and optimizing reinsurance structures, reviewing contracts, and monitoring the reinsurance program during the treaty year.

Requirements

• Bachelor’s degree is preferably in business, accounting, or related field of study; an MBA is preferred
• Associate of Reinsurance (Are) preferred
• 15+ years of Insurance experience with a proven track record of successful reinsurance experience
• Requires significant knowledge of reinsurance guidelines and procedures
• Effective verbal and written communication skills with the ability to effectively interact with internal and external business partners, including the ability to present complex ideas clearly to senior executives and stakeholders
• Detail-oriented with strong analytical and organizational skills with the ability to prioritize and manage multiple activities and projects effectively
• Deep understanding of reinsurance, including trends, regulations and competitive landscape

Responsibilities

• Drive the development of treaty structure design, ensuring appropriate cost and effective coverage
• Own the negotiation of treaty coverage including reinsurance contracts and pricing
• Maintains exceptional broker and reinsurer relationships
• Oversee policies related to risk evaluation of exposures and pricing structures
• Prepares reinsurance proposals for approval from Porch leadership which could include the Board of Directors
• Responsible for reinsurance related policies including Collateral and Credit Verification and Collateral Release policies
• Monitors treaty loss activity and determines appropriate actions/notifications
• Directs reinsurance audits
• Provides technical guidance, assistance, and training
• Ability to detail complex reinsurance concepts to all levels of the organization including C suite
• Performs other duties as assigned
• Collaborates closely with Finance and Accounting
• Occasional travel to Dallas Ft Worth area

Benefits

• Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose
• Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis
• We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options
• We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans
• Both traditional and Roth 401(k) plans are available with a discretionary employer match
• Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation
• Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes
• LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more
• Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs