Reinsurance Claims Processor/Analyst
Full Time
Remote USA
Reinsurance Claims Processor/Analyst, Remote
Pro IS, Inc. is currently recruiting for a Reinsurance Claims Processor/Analyst. The successful candidate will support our clients with a variety of functions, some of which are listed below. This is a great opportunity for someone looking to work with multiple clients on different projects which could include auditing in addition to providing claims support. This employment position is full-time and will work remotely. You MUST have reinsurance experience; your application will not be considered without it. Knowledge of treaties/bordereau and understanding of contract language is required. You MUST have Property & Casualty experience; Life & Health experience is not applicable.
Main Responsibilities
• Handling Property & Casualty claims from a reinsurance assumed and/or ceded perspective
• Review client submissions to reinsurance contract terms for accuracy and confirmation of coverage, ensuring all required supporting documentation has been received.
• Booking of P&C claims (individually or bordereau reported) in the reinsurance claims system.
• Ability to do detailed claims analysis, including reconciliation of inception-to-date claims balances and track aggregate deductibles and/or reinstatement premium calculations where applicable.
• Run reports and analyze data to help manage your portfolio of claims.
• Support the finance and accounting teams on data needs as requested.
Required Skills and Experience
• College degree in business/accounting/related field or equivalent work experience required.
• 1-2 years in reinsurance/insurance claims management, including processing, coverage confirmation and reporting and/or claims auditing experience required. Ceded reinsurance claims experience a strong plus!
• Experience with allocating complex claims from ground up loss to multiple reinsurance contracts of a company’s reinsurance program on an inuring basis, both proportional and non-proportional
• Interlocking clause experience on risk attaching basis losses a strong plus!
• Ability to read and understand reinsurance contracts and apply the contract terms and conditions to submitted losses.
• Basic accounting skills including ability to work proficiently in Excel, using formulas and other database management tools as needed.
• Able to work independently and within a team environment.
• Strong communication & organizational skills