About Ledger Investing
Ledger Investing is a Y Combinator-backed startup that is transforming the way insurance risk is financed. Today, Ledger is an online marketplace, focusing on the securitization of insurance. Insurance securitization has quickly grown to be a $100 billion market but is limited in scope due to opacity and complexity. Ledger is on its way to expanding this market to $1 trillion by building a seamless data platform from the policyholder to the capital markets, enabling transparency, and bringing best-in-class analytics and real-time insights to the table.
Our $75 million Series B round of investment funding has set us up for exponential growth. We are on our way to disrupting the industry by serving as an unparalleled, advantageous marketplace for virtually all types of insurance risks and capital.
About the Team:
Ledger's Broker team operates at the intersection of finance, insurance, and technology, focusing on structuring and managing casualty insurance-linked securities (ILS) offerings. The team is responsible for originating and cultivating re/insurer relationships, expanding the global casualty ILS investor base, and developing innovative, securitized reinsurance solutions for enhanced capital efficiency. You will be responsible for collaborating with various internal and external stakeholders, including re/insurance companies, actuaries, regulators, and Ledger’s broker-dealer, to design and implement innovative capital solutions and will report directly to the Chief Executive, Reinsurance.
About the role:
- Originate, structure, and work alongside Ledger Capital Markets to produce and place innovative Casualty ILS transactions into the broad capital markets.
- Develop innovative reinsurance solutions for capital efficiency.
- Coordinate internal resources, such as data analytics, actuarial services, contracts, and client services in driving successful deal execution.
- Create compelling, accurate, and innovative pitch decks for re/insurance companies.
- Be a Subject Matter Expert on insurance and reinsurance specifics.
- Ensure timely delivery and accuracy of documents supporting the ILS transaction.
Qualifications:
- 10+ years of experience in Reinsurance Broking (preferred), Reinsurance Underwriting, or Ceded Reinsurance, with a focus on developing, structuring/underwriting, and the execution of casualty reinsurance programs.
- Experience with structured reinsurance, collateralized reinsurance, and/or ILS structures preferred.
- Proven ability to originate re/insurer relationships and execute deals on a timely basis. Strong relationship-building skills.
- Expertise in presenting to C-Suite Executives.
- Demonstrated problem-solving skills and desire to work in a highly collaborative, “start up” environment.
- Expertise in analyzing market trends and providing strategic insights for reinsurance solutions.
- Proficient in mathematical concepts such as probability and statistical inference.
- ARe, CPCU, and/or Series 7 are preferred.
Your Benefits:
- Competitive salary, bonus potential, and equity compensation
- Work from anywhere. We’re flexible. Our headquarters is in New York, but this position can be fully remote or hybrid.
- Uncapped paid time off
- Paid Holidays
- 401k
- Medical, dental, and vision insurance - multiple plans to choose from
- Company paid Life and AD&D insurance
- ClassPass - We contribute to your monthly membership offering a large range of providers & services in Fitness and Wellness. Get a massage on us!
- Up to $5,000 paid by Ledger towards your dream desk setup! Customize what works for you.
For US based positions: Ledger Investing is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.
