About the job

Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark , General Catalyst , Peter Thiel , Adam D'Angelo , Larry Summers , and Jack Dorsey .

Position: Reinsurance & Program Business Specialist
Type: Contract
Compensation: $80/hour
Location: Remote
Commitment: 20-40 hours/week

Role Responsibilities

- Design realistic scenarios involving treaty and facultative reinsurance, attachment and exhaustion, cessions, recoverables, bordereaux, delegated authority, program governance, fronting, captives, and risk participation.
- Create work products such as structure comparisons, submission analyses, contract summaries, program reviews, counterparty assessments, and risk-transfer recommendations.
- Write "golden" reference responses at experienced reinsurance and program-business quality.
- Grade AI-generated responses against structured rubrics for structural accuracy, contract logic, financial understanding, stakeholder roles, and market realism.
- Identify misunderstandings of layers, limits, retentions, commissions, claims control, collateral, counterparty exposure, and carrier-MGA responsibilities.
- Provide written feedback the research team uses to improve model behavior.

Qualifications

Must-Have





- 2+ years of qualified experience in reinsurance, program business, delegated authority, fronting, captive insurance, or alternative risk transfer.
- Understand at least one of the following: treaty reinsurance, facultative reinsurance, MGA/MGU programs, Lloyd's arrangements, captives, or fronted programs.
- Can identify the economic and operational responsibilities of cedents, reinsurers, brokers, MGAs, fronting carriers, and insureds.
- Understand how contract structure changes risk transfer, earnings, collateral, claims handling, and reporting.
- Demonstrate excellent written reasoning, commercial judgment, and high attention to detail.
- Can distinguish reinsurance decisions from direct underwriting and ordinary claim adjudication.

Preferred

- CPCU , ARe , ARM , ACAS , FCAS , or comparable designation.
- Both ceded and assumed reinsurance experience.
- Reinsurance broking, treaty wording, recoverables, or claims experience.
- Program audit, delegated-authority, or bordereaux-management experience.
- Captive, large-deductible, retrospective-rating, or risk-sharing experience.

Start Date

- Immediately ; applications reviewed on a rolling basis.

Compensation & Legal

- Hourly contractor , Paid weekly via Stripe Connect .

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📌 Reinsurance Specialist - Program Business (Sydney)
🏢 Mercor
📍 Sydney