Overview:
If you're looking for the stability of a profitable, growing company with the agility of a startup, we’re hiring! SageSure, a leading Managing General Underwriter (MGU) in catastrophe-exposed property insurance, is seeking a Reinsurance Contracts Lead to join our Ceded Reinsurance team.
In this role, you will review, analyze, and draft complex reinsurance agreements, supporting both our carrier partners and captive reinsurer. This position requires deep technical expertise in reinsurance structures and contract language. The ideal candidate has exceptional attention to detail and a strong understanding of key P&C market trends affecting contractual terms with reinsurers.
The Ceded Reinsurance team operates within the Office of the CEO, engaging directly with C-Suite executives, senior leaders, and external partners to support the reinsurance placements for SageSure’s carrier partners. This team collaborates closely with reinsurance brokers across multiple carrier placements and plays a critical role in shaping SageSure’s risk strategy.
This position offers the opportunity to drive meaningful impact across multiple departments and influence high-level decision-making as SageSure continues its growth.
What you’d be doing:
- Review, analyze, and draft complex reinsurance agreements, including quota share treaties, catastrophe excess of loss (Cat XOL), per risk/facultative, aggregate stop loss, and clash cover agreements.
- Conduct detailed contract analysis to identify potential coverage gaps, inconsistencies, or misalignments with business objectives across the reinsurance tower.
- Develop and maintain a comprehensive wording library for all reinsurance agreement types, ensuring clarity on hours clauses, loss occurrence definitions, territory scopes, and exclusions.
- Standardize facultative treaties across carrier partners to evaluate structures for higher-value policies.
- Prepare in-depth contract summaries and comparative analyses for senior management, highlighting key terms, conditions, and potential risks across different agreement versions.
- Ensure contract integrity and compliance by maintaining version control, tracking modifications, and organizing related correspondence for a clear audit trail.
We’re looking for someone who has:
- 7+ years of experience in reviewing, drafting, and negotiating property reinsurance agreements.
- Deep technical expertise across multiple reinsurance structures, including:
- Quota share treaties with sliding scale commissions and profit-sharing mechanisms.
- Catastrophe XOL treaties, including franchise and occurrence deductibles.
- Per Risk and Facultative agreements for higher-value individual exposures.
- Aggregate Stop Loss protection mechanisms.
- Clash Cover agreements for multi-line/multi-policy events.
- Exceptional analytical skills with a meticulous eye for detail in contract review.
- Advanced knowledge of reinsurance contract terminology and standard market wordings.
- Proven ability to create clear, concise contract summaries and redline comparisons for senior stakeholders.
Highly preferred candidates also have:
- Advanced education, such as an MBA or Law Degree/Certification, with a focus on (re)insurance, risk management, or contract law.
- Industry-recognized designations, such as CPCU, ARe, CCMP, ARM, AINS, etc.
- Project Management Certifications (e.g., PMP)
- Deep knowledge of insurance carrier regulatory requirements and industry best practices, particularly in reinsurance compliance and risk transfer mechanisms.
About SageSure:
As a Best Places to Work in Insurance Recipient for four years in a row (2020-2023), SageSure, one of the largest residential property insurance managing general underwriter (MGU) in the United States, is pioneering ways people protect their American Dream.
A leader in catastrophe-exposed property insurance, SageSure was founded in 2009 to deliver reliable products, exceptional customer experiences, and strong underwriting results in challenging insurance markets. SageSure currently operates in 14 states and provides home, flood, and commercial coverage on behalf of its highly rated carrier partners.
We have more than 600 employees working remotely or hybrid in one of our eight offices—Jersey City, NJ; Mountain View, CA; Chicago, IL; Tallahassee, FL; Cincinnati, OH; Houston, TX; Mt. Laurel, NJ; and Cheshire, CT—who are tackling the industry’s toughest challenges.
We provide generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
What We Do
SageSure is an innovation-focused insurance and technology company specializing in underserved property markets. As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, we offer more than 40 competitively priced insurance products on behalf of our carrier partners, serving 300,000+ policyholders. SageSure partners with a growing network of insurance agents and brokers in 14 coastal states.
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