The Principal Treaty Manager occupies a strategic leadership position within the Risk Finance Team, entrusted with overseeing the strategy, analysis, negotiation, and management of treaty reinsurance arrangements. This senior role demands an expert grasp of reinsurance concepts, deep analytical abilities, and a proactive approach to fostering high-value relationships with reinsurers, brokers, and internal stakeholders. The Principal Treaty Manager is a critical architect of risk transfer programs, ensuring that treaty solutions are both commercially effective and aligned with the organization’s broader risk and business objectives.
Overview:
The Principal Treaty Manager is responsible for leading the design, implementation, and ongoing administration of treaty reinsurance programs. This includes both proportional and non-proportional treaty placements, management of treaty portfolios, and continuous enhancement of treaty solutions in response to market developments and organizational needs. The role requires close collaboration with underwriting, actuarial, claims, finance, and legal teams, as well as influential engagement with reinsurers and intermediaries in global and regional markets. The Principal Treaty Manager works with the Directors of Risk Financing to ensure the organization’s reinsurance strategy is robust, compliant, and innovative. Providing optimal risk mitigation while supporting growth, profitability, and regulatory requirements.
Key Responsibilities:
Strategic Leadership: Develop and drive the treaty reinsurance strategy, ensuring alignment with the company’s business goals and risk appetite. Constantly monitor industry trends and regulatory changes, proactively adapting treaty solutions as needed.
Treaty Program Origination and Placement: Lead the analysis, design, and placement of treaty reinsurance programs (proportional and excess of loss), including renewal negotiations and new program launches. Oversee the entire placement process, from data collection and modeling to contract wording and execution.
Portfolio Management: Manage and optimize the ceded treaty portfolios, performing regular reviews to ensure appropriate coverage, pricing, and diversification. Collaborate with actuarial and finance teams on portfolio analysis and performance monitoring.
Stakeholder Engagement: Build and maintain strong relationships with reinsurers, brokers, and internal departments. Serve as the principal point of contact for treaty-related matters, facilitating clear communication and effective collaboration.
Contract Negotiation and Administration: Lead negotiations of treaty terms and conditions, ensuring contracts are accurate, robust, and in line with market standards and regulatory requirements. Oversee all aspects of treaty documentation and administration.
Risk Assessment and Analytics: Leverage quantitative analysis and risk modeling to assess treaty program efficacy, identify portfolio gaps, and optimize coverage. Provide expertise in catastrophe modeling, exposure analysis, and scenario planning.
Regulatory and Compliance Oversight: Ensure all treaty arrangements comply with local and international regulations, internal governance policies, and industry best practices. Coordinate with legal and compliance teams to keep abreast of regulatory developments.
Innovation and Continuous Improvement: Champion the integration of new tools, technologies, and analytics to enhance treaty management processes, improve efficiency, and deliver strategic value.
Training and Mentorship: Support the onboarding and development of Treaty Managers and more junior staff, sharing knowledge of treaty operations, data management, and industry practices.
The Principal Treaty Manager is a cornerstone of the Risk Finance function, combining expertise, vision, and influence to deliver sophisticated treaty solutions that safeguard the company’s financial strength
and support its long-term ambitions.
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in
every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive
benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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