Reinsurance Operations Specialist

4 months ago


Phoenix, United States KING'S INSURANCE STAFFING LLC Full time

Our client, a leading Commercial P&C Insurance Company, is continuing to grow and is seeking to add an Operations Specialist within their Reinsurance Department. This person will play a critical role in supporting the company's reinsurance operations. This position requires a detailed-oriented individual with strong analytical skills and a deep understanding of reinsurance processes. The ideal candidate will ensure the effective administration of reinsurance treaties and facultative placements, supporting the company's overall risk management strategy.

  • Handle the application of cash recoveries on reinsurance invoices, assessing and identifying potential discrepancies or errors, and providing effective solutions.
  • Manage the administration of reinsurance treaties and facultative placements, including data entry, premium calculations, and claims processing.
  • Ensure accurate and timely submission of reinsurance bordereaux and other required reports to reinsurers.
  • Maintain detailed and organized records of all reinsurance transactions and communications.
  • Reconcile reinsurance accounts, including premiums, commissions, and claims recoveries.
Qualifications:
  • 2+ years' experience in reinsurance operations within the insurance industry.
  • Strong Excel skills (Pivot tables) including database management expertise.
  • Strong knowledge of reinsurance concepts, treaties, and facultative placements.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong attention to detail and accuracy.
Salary/Benefits:
  • $65,000 to $75,000 annual based salary
  • Flex schedule and ability to work remotely
  • Extremely competitive Medical, Dental, Vision and Life plans
  • Employer matching 401(k) plan
  • Generous PTO plan


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