Program Manager, Insurance Operations

Hyundai Capital America

$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years in insurance, reinsurance operations, or program management.
  • Experience in automotive or financial services is preferred.
  • Bachelor's degree in finance, business, or related field; MBA is a plus.
  • Strong knowledge of reinsurance concepts, treaty and facultative structures.
  • Analytical skills for interpreting premium, claims, and financial data.
  • Third-party vendor management experience required.
  • Excellent communication and interpersonal skills for stakeholder engagement.

Responsibilities

  • Oversee vendor performance and ensure compliance with contracts and regulations.
  • Manage financial reconciliation processes and settlement reporting.
  • Lead pricing recommendations and create sales pro formas for dealers.
  • Serve as a subject matter expert and train internal and external stakeholders.
  • Monitor key performance indicators and conduct variance analysis.
  • Identify process gaps and drive continuous improvement for program efficiency.

Benefits

  • Hybrid work schedule with 4 on-site days and 1 remote day.
  • Vehicle benefits including allowances and discounts for purchases/leases.
  • Flexible health coverage with various medical, dental, and vision plans.
  • 401(k) plan with company match and immediate vesting options.
  • Generous parental leave policy and paid volunteer time off.
  • Wellness programs, including gym benefits and health resources.
Full Job Description
Description

WHAT YOU WILL DO

The Reinsurance Program Manager will oversee the third-party vendor responsible for the day-to-day administration of the reinsurance program and ensure program setup, reporting, settlement, and compliance. This role serves as the primary liaison across internal teams and external partners (e.g., program administrators and dealers) and is accountable for vendor performance management, as well as field sales support and training related to the reinsurance program. This role also supports growth through pricing and program-structure recommendations and by developing sales pro forma forecasts that illustrate potential dealer earnings opportunities.

HOW YOU WILL MAKE AN IMPACT

1. Vendor Management
• Manage third-party vendor performance by setting expectations, monitoring service levels, conducting regular touchpoints, and ensuring program setup, maintenance, onboarding, and compliance.
• Oversee settlement and financial reconciliation processes, including payment/statement review, variance analysis, issue resolution, and maintenance of settlement rate reporting and data validation.
• Ensure compliance with contracts, internal policies, and regulations; support MSA renewals/negotiations and perform issue analysis to improve vendor delivery.

2. Reinsurance Program Management
• Lead pricing and program structure recommendations, create dealer sales pro formas, and support enrollment processes (e.g., Terms & Conditions, CFC setup, contract review/approval).
• Serve as SME and key liaison across internal and external stakeholders, delivering training, supporting field sales, resolving issues, and ensuring effective communication and risk management.
• Ensure strong controls and reporting integrity by validating data, supporting audits (e.g., SOX/KSOX), managing documentation, producing standard/ad hoc reporting, and approving contracts, surplus releases, and claw backs.

3. Program Performance
• Monitor KPIs (premium, losses, commissions, profit share) and provide variance analysis and insights to stakeholders.
• Drive continuous improvement by identifying process gaps, strengthening controls, and partnering on automation, standardization, and testing (UAT) for program changes.

Qualifications

WHAT YOU WILL BRING TO THE ROLE
• Minimum 5-7 years of experience in insurance or reinsurance operations, reinsurance accounting/finance, insurance accounting, or related program management roles
• Bachelor's degree in finance, business or related discipline.
• Working knowledge of reinsurance concepts and program structures (e.g., treaty/facultative concepts, ceded premium and loss flows, commissions, profit share, settlements).
• Strong analytical and reconciliation skills; ability to interpret results, identify drivers, and resolve variances across premium, claims, and cash activity.
• Experience managing third-party vendors; (performance management, service levels, issue resolution, and governance).
• Knowledge of internal controls and audit support expectations (e.g., SOX/KSOX), including documentation and evidence retention.
• Automotive or financial services industries preferred.

WE TAKE CARE OF OUR PEOPLE

At HCA, we know our success starts with our people. We offer a comprehensive rewards package designed to support your health, financial wellbeing, and life outside of work - so you can bring your best every day.

In addition to competitive pay, our benefits include:
Hybrid work schedule offering 4 on-site days and 1 remote day per week
Vehicle benefits designed around your role, including monthly allowances and purchase and lease discounts
Flexible health coverage with medical, dental, and vision plans, including no cost and low-cost options
Annual employer HSA contribution to help offset healthcare expenses
401(k) with company match and immediate vesting, so you can start building your future from day one
100% company paid life and disability insurance for added peace of mind
Wellbeing programs at no cost to you, including gym benefits and health resources
Generous parental leave to support growing families
Paid Volunteer Time Off, plus a company donation to a charity of your choice

At HCA, our benefits are more than perks - they're part of our commitment to supporting you at work and in life. Learn more about benefits at HCA!

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