Reinsurance Specialist - Program Business

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.