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Lead Reinsurance Claims Specialist

2 months ago


Minneapolis, Minnesota, United States Intact Insurance Full time
Job Overview

We are seeking a Lead Reinsurance Claims Specialist to become a vital part of our Corporate Reinsurance & Reserving team. This position plays a crucial role in the precise identification, analysis, reporting, and collection of ceded reinsurance claims within our organization.

Key Responsibilities:
  • Oversees management reports, loss advisory notifications, claim details, and ceded reinsurance agreements to pinpoint reinsurance recoverables.
  • Collaborates closely with brokers and claims analysts to efficiently address inquiries from reinsurance partners.
  • Works in partnership with the finance department to ensure that accurate recoverables are recorded in the financial system.
  • Maintains comprehensive databases of all reported claims to guarantee timely updates are communicated to brokers and reinsurance partners.
  • Assists in the reinsurance placement process by supplying updated claims information.
  • Contributes to the establishment of global reinsurance best practices.
  • Coordinates reinsurance audits with internal teams, brokers, and reinsurers.
  • Manages insurance claims within the organization.
Qualifications:
  • Possesses extensive procedural and/or technical expertise developed through significant experience, capable of analyzing intricate issues.
  • Proficient in Microsoft Office Suite, particularly Excel.
  • Exceptional communication skills, both verbal and written.
  • Able to thrive in a dynamic work environment.
  • Results-driven with the ability to prioritize tasks effectively.
  • Must be capable of engaging with reinsurance brokers, cedants, and reinsurers.
  • Maintains a high level of accuracy and follow-through on projects.
  • Requires the ability to handle confidential information and work autonomously.
Education and Experience:
  • A Bachelor's degree with proven experience in insurance or reinsurance is required.
  • 5+ years of experience managing substantial direct claims and/or reinsurance claims.
Our compensation ranges are influenced by various factors, including location, role, experience, and the skill set of the candidate. The typical base salary range for this position is competitive, with additional bonus potential and a comprehensive benefits package, including 401(k) contributions, paid time off, medical, vision, and dental plans, mental health support, life and disability insurance, and parental leave options.

About Intact Insurance

At Intact Insurance Specialty Solutions, we pride ourselves on our expertise in the specialty insurance market. Our profound understanding of this sector allows us to offer tailored solutions, supported by targeted risk control and claims services. Our team is dedicated to providing insurance coverage that aligns with our specialized customer groups, protecting a diverse range of industries with customized offerings.