AVP, Reinsurance Claims
2 days ago
Located in Stamford, Connecticut, we sell property & casualty treaty reinsurance products to domestic insurance companies and alternative risk vehicles. We reinsure diverse & unique client portfolios that offer our underwriting & claims professionals exposure to all types of interesting structures & risks.
We are seeking to hire an Assistant Vice President, Reinsurance Claims , whose responsibilities will include:
- Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella.
- Communicating with brokers and client company to gather claim information.
- Developing a complete knowledge of reinsurance insurance products (treaty, facultative, and semi-automatic).
- Determining treaty and policy coverage through analysis of investigation data and treaty/policy terms.
- Conducting claim audits of new and run-off accounts (both remote and on-site at ceding company’s office).
- Interacting with company actuaries, underwriters, financial, and accounting teams on assigned accounts.
- Attending reinsurance/claims seminars.
- Establishing claim reserve requirements and making adjustments over the life of a claim.
- Learning and applying the Sarbanes-Oxley process and controls.
- Analyzing claim spreadsheets for trends and exposure.
Minimum Requirements:
- 7-10 years of primary claims experience.
- Bachelors’ Degree required, JD preferred.
- Strong verbal and written skills.
- Able to navigate multiple systems.
- Strong organizational, decision-making, and communication skills along with the aptitude to grasp legal terminology.
- Proficient in Microsoft Excel, Microsoft Word, and Outlook.
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