[Hiring] Managing Director, Business Development @Ledger Investing

About the Team:

Ledger operates at the intersection of finance, insurance, and technology. We are tasked with executing the go-to-market strategy for a new asset class: casualty insurance-linked securities. Ledger provides a specialized reinsurance brokerage service that enables re/insurance companies to purchase capital-efficient casualty ILS solutions.

About the role:

We are looking to add a driven, senior-level professional with a background in reinsurance deal
origination, investment banking, strategic advisory, or consulting in the re/insurance space. As part of the team responsible for all aspects of growing this asset class, this candidate will drive the business development and transaction execution efforts with large insurance and reinsurance companies.

Key Responsibilities:

•  Leads business development with insurance/reinsurance companies to source casualty ILS transactions
• Working with our Actuarial and Capital Markets teams, oversees the transaction process from the initial pitch to the risk originator to mandate execution, including financial modeling and deal pitches and presentations
• Actively participates in marketing, transaction due diligence, and term negotiations leading to transaction closing

If playing a critical risk origination role for the first mover in connecting casualty re/insurance risk to the broader capital markets sounds exciting, we would love to hear from you.

Qualifications:

• 10+ years experience in reinsurance broking (origination roles), P&C ILS origination, or investment banking or strategic advisory experience with insurance and reinsurance companies required
• Extensive network with insurance/reinsurance company executives
• In-depth knowledge of PC insurance and reinsurance, strong understanding of casualty risks, and/or familiarity with insurance-linked securities or structured finance products
• Understanding of re/insurance company capital models
• Entrepreneurial mindset with proven ability to sell capital-efficient products to C-suite executives
• Exceptional written and verbal communication skills with specific ability to communicate complex concepts and ideas concisely and defend their validity
• Excellent quantitative and analytical skills
• Bachelor’s degree required; MBA or other related graduate degree is a plus

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.
• Unlimited PTO
• 11 Paid Holidays
• 401k
• Medical, dental, and vision insurance - multiple plans to choose from
• HSA match for those who select our HDHP Medical plan
• Company-paid Life and AD&D Insurance
• Company Paid Long-term Disability Insurance
• Medical and Dependent Care FSA plans
• Medical enhancements available: HealthAdvocate Healthcare Support, One Medical On-Demand Primary Care, Teladoc Virtual Health, TalkSpace Online Mental Health Therapy, Kindbody Gynecology and Family-building care
• Commuter Benefits
• Up to $2,500 paid by Ledger towards your dream home office setup! Customize what works for you.