We’re hiring a VP of Reinsurance in Columbus, OH

The Position: We’re looking for an experienced reinsurance professional to strategically scale our existing reinsurance program. Root is a full-stack insurance company and the leading InsurTech, with a first-mover advantage in the mobile-first auto insurance industry. As we continue to scale nationally, we expect our already rapid growth to accelerate. In September 2019, we raised $350mm of equity funding to support this growth trajectory. Our talented team of actuaries and finance professionals is looking to partner with the VP of Reinsurance to advance this critical area of risk and cash management. Root has several years of reinsurance relationships for this new functional leader to build upon. The ideal candidate will seamlessly step into a fast-paced environment, and approach the build-out of our reinsurance program with a passion for creative problem solving and an entrepreneurial mindset. 
 
Reports to: Chief of Corporate Finance

What you'll be doing

  • Manage and maintain relationships with current reinsurance partners
  • Cultivate new potential partnerships by evangelizing Root’s technology and growth story
  • Lead development of new reinsurance structures for a rapidly growing book of premiums including excess of loss, catastrophe and quota share
  • Partner with brokerage resources to structure treaty/panel including economic terms and treaty features, as well as key business deliverables for treaties
  • Evaluate and recommend the profile of cumulative reinsurance agreements considering risk management, expiration profile (refinancing risk), and cash management
  • Review complimentary reinsurance strategies, including captive reinsurer, to optimize the reinsurance program
  • Partner with VP of Finance and FP&A team to evaluate and optimize reinsurance program across a five-year financial plan

What we're looking for

  • Bachelor’s degree in Finance, Economics, Business, or related fields required; advanced degrees and/or industry certifications are preferred
  • 10+ years of work experience in the reinsurance industry at a reinsurer, structured finance company, or full-stack insurance company
  • Demonstrated experience in Property and Casualty lines of reinsurance
  • Strong interpersonal skills and deep relationships across reinsurance industry
  • Capable of driving the development of the reinsurance program independently 
  • Strong grasp of technology and adept at learning in a fast-moving, ambiguous environment
  • Strong analytical skillset and ability to work alongside actuaries to present data cohorts and assess risk

Get in touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now
Who we are.
Root Insurance is the nation’s first licensed insurance carrier powered entirely by mobile. We were founded on the belief that the services you need for everyday life should serve you better. That’s why we base insurance coverages on you, not your demographic. It’s the way insurance should be. And it’s all conveniently in an app.

What draws people to Root.
We’re a venture-backed technology company. Our early success is in large part due to our unwavering standards in hiring. We recognize that our product is only as good as the people building and promoting it. We look for individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and a highly analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy. For assertive self-starters, the opportunities to contribute are limitless.

Impact. By challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration. We encourage rich discussion and civil debate at every turn.

People. We are inspired by the collection of crazy-smart people around us.

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If you’d like to be a part of what we are building but don’t see an opening that suits you, email us at [email protected].