Ledger Investing

Managing Director, Business Development

United States

Ledger Investing Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Reinsurance, Financial Services, InsurtechIndustries

Requirements

Candidates must possess 10+ years of experience in reinsurance broking (origination roles), P&C ILS origination, or investment banking or strategic advisory experience with insurance and reinsurance companies, an extensive network with insurance/reinsurance company executives, in-depth knowledge of PC insurance and reinsurance, a strong understanding of casualty risks, and familiarity with insurance-linked securities or structured finance products, as well as an understanding of re/insurance company capital models.

Responsibilities

The Managing Director, Business Development will lead business development with insurance/reinsurance companies to source casualty ILS transactions, work with Actuarial and Capital Markets teams to oversee the transaction process from pitch to execution, actively participate in marketing, transaction due diligence, and term negotiations leading to transaction closing, and communicate complex concepts concisely.

Skills

Reinsurance deal origination
Investment banking
Strategic advisory
Consulting
Financial modeling
Deal pitches
Market analysis

Ledger Investing

Investment platform for insurance-linked securities

About Ledger Investing

Ledger Investing operates in the insurance-linked securities (ILS) market, providing a platform for qualified investors to invest in securities tied to insurance risks. These investors typically include institutional buyers like banks, hedge funds, and pension funds. The company focuses on private placements of securities, which are sold directly to investors rather than through public exchanges, allowing for unique investment opportunities not found in traditional markets. However, these investments come with a high level of risk and potential for significant losses. Ledger Investing facilitates transactions between insurers and investors, offering tools and information to help investors make informed decisions without providing specific investment recommendations. The investments are considered risky and illiquid, making them suitable only for those who can afford to lose their entire investment and do not require quick access to cash.

Key Metrics

New York City, New YorkHeadquarters
2016Year Founded
$88.2MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Remote team
Competitive compensation
Unlimited PTO
401k
Company retreats
Personal development
Comprehensive health coverage
Personal wellness

Risks

Increased competition in the ILS market may affect market share.
Regulatory scrutiny could raise compliance costs for Ledger Investing.
Reliance on institutional investors exposes the company to market volatility.

Differentiation

Ledger Investing pioneers the securitization of casualty insurance risks since 2019.
The company offers a unique platform for investing in insurance-linked securities.
Ledger Investing's private placement model provides exclusive investment opportunities.

Upsides

Growing interest in casualty ILS attracts diverse institutional investors.
Successful $250M casualty ILS transaction enhances asset class liquidity.
New Cayman-based subsidiaries boost capabilities in casualty ILS market.

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