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Reinsurance Specialist - Program Business

$80 per hour

Mercor

Toronto, ON
  • Remote job

About the job

Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark , General Catalyst , Peter Thiel , Adam D'Angelo , Larry Summers , and Jack Dorsey .

Position: Reinsurance & Program Business Specialist

Type: Contract

Compensation: $80/hour

Location: Remote

Commitment: 20–40 hours/week

Role Responsibilities

  • Design realistic scenarios involving treaty and facultative reinsurance, attachment and exhaustion, cessions, recoverables, bordereaux, delegated authority, program governance, fronting, captives, and risk participation.
  • Create work products such as structure comparisons, submission analyses, contract summaries, program reviews, counterparty assessments, and risk-transfer recommendations.
  • Write "golden" reference responses at experienced reinsurance and program-business quality.
  • Grade AI-generated responses against structured rubrics for structural accuracy, contract logic, financial understanding, stakeholder roles, and market realism.
  • Identify misunderstandings of layers, limits, retentions, commissions, claims control, collateral, counterparty exposure, and carrier-MGA responsibilities.
  • Provide written feedback the research team uses to improve model behavior.

Qualifications

Must-Have

  • 2+ years of professional experience in reinsurance, program business, delegated authority, fronting, captive insurance, or alternative risk transfer.
  • Understand at least one of the following: treaty reinsurance, facultative reinsurance, MGA/MGU programs, Lloyd's arrangements, captives, or fronted programs.
  • Can identify the economic and operational responsibilities of cedents, reinsurers, brokers, MGAs, fronting carriers, and insureds.
  • Understand how contract structure changes risk transfer, earnings, collateral, claims handling, and reporting.
  • Demonstrate excellent written reasoning, commercial judgment, and high attention to detail.
  • Can distinguish reinsurance decisions from direct underwriting and ordinary claim adjudication.

Preferred

  • CPCU , ARe , ARM , ACAS , FCAS , or comparable designation.
  • Both ceded and assumed reinsurance experience.
  • Reinsurance broking, treaty wording, recoverables, or claims experience.
  • Program audit, delegated-authority, or bordereaux-management experience.
  • Captive, large-deductible, retrospective-rating, or risk-sharing experience.

Start Date

  • Immediately ; applications reviewed on a rolling basis.

Compensation & Legal

  • Hourly contractor , Paid weekly via Stripe Connect .

Application Process (Takes 20–30 mins to complete)

  • Upload resume
  • AI interview based on your resume
  • Submit form

Resources & Support

  • For details about the interview process and platform information, please check:
  • For any help or support, reach out to:

PS: Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.

Vacancy posted 9 days ago
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