Ceded Reinsurance Claims Representative

This individual will be part of a team responsible for the daily handling of reinsurance claims, including:

• →Evaluating applicable reinsurance coverages across various lines of business, including but not limited to property, casualty, excess/umbrella, specialty lines, workers’ compensation, asbestos, and pollution coverages.
• →Maintaining a diary of claims for reporting, updating, and billing losses to reinsurers consistent with the terms of the reinsurance contracts.
• →Responding timely to reinsurer information requests and claims technical inquiries.
• →Understanding reinsurance structures to produce net exposure calculations.
• →Ensuring ceded reinsurance claim cessions are recorded in an accurate and timely manner.
• →Documenting and maintaining records for proper claim follow up.
• →Collaborating with reinsurance accounting team by assisting with reinsurance collections as needed.
• →Facilitating reinsurer claim reviews.
• →Participating in reinsurance and team projects as needed.
• →Providing guidance and assistance to other functional areas.
• →Ensuring all applicable company policies and procedures are followed.
• →Performing other duties as assigned.

• Bachelor’s degree or equivalent experience.
• Experience: 1-3 years of reinsurance claims experience. Some knowledge of direct claim handling and/or reinsurance is preferred.
• Basic understanding of insurance policies, coverage and claim issues for property, casualty and specialty lines of business.
• Collaborative mindset and willingness to work with people outside immediate reporting hierarchy.
• Proficiency in Microsoft365 suite of products, specifically Excel.
• Professional writing and oral communication skills.
• Willingness and ability to cross train in and understand multiple lines of business.
• Ability to manage and prioritize concurrent assignments and responsibilities.