Job TitleCeded Re Operations ManagerReports to (Role)Group Head of Ceded ReMain Purpose of RoleThis position manages all operational aspects of ceded reinsurance and third party capital transactions across Argo Group. This position is focused on full transparency of the ceded related figures within the organization and identifies opportunities for improving processes including process re-engineering, working with business users and IT.Key AccountabilitiesPoint person for all ceded operational, financial and accounting queries.Ensure data accuracy, including coordination of reconciliation of the treaty results with accounting team to confirm that the ceded results agree to the terms of the ceded agreements for the businesses.Design and maintain documentation for communicating reinsurance and third party capital transactions for internal and external parties.Manage internal and external audit for year end, quarterly reporting, and SOX control reviews.Provide expertise and/or assistance in establishing GAAP and YOA financial projections for ceded transactions and strategies. Collaborate with finance to assess impact of ceded transaction changes.Maintain SOX control documentation including treaty set-up documentation, reinsurer ratings, source system data reconciliation to ceded systems, and treaty population completeness controls.Assist with reports and data for regulatory requirements, including Solvency II, Schedule F, Lloyd’s SBF.Design and production of materials for Group Reinsurance and Group Security Committees, responsibility for monitoring issues and developing processes that mitigate counterparty risk.Liaise with brokers, business unit heads, ceded re and IT to develop audit processes and coordinate counterparty audits.
Job TitleCeded Re Operations ManagerReports to (Role)Group Head of Ceded ReMain Purpose of RoleThis position manages all operational aspects of ceded reinsurance and third party capital transactions across Argo Group. This position is focused on full transparency of the ceded related figures within the organization and identifies opportunities for improving processes including process re-engineering, working with business users and IT.Key Accountabilities
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