Reinsurance Operations Specialist
5 days ago
Job Summary:
PRI Technology is seeking a highly skilled Reinsurance Operations Analyst to join our team. As a key member of our reinsurance operations team, you will be responsible for providing critical support to the Director of Reinsurance on cash recoveries and reinsurance billing.
Key Responsibilities:
- Collaborate with the Director of Reinsurance to process reinsurance notices and billing, ensuring accuracy and efficiency.
- Apply cash recoveries on reinsurance bills, identifying potential errors or inconsistencies and providing solutions.
- Assist in ceded reinsurance reconciliations, reviewing and identifying inconsistencies and providing solutions for improved outcomes.
- Develop and manage reinsurance recoverable aging reports, monitoring and tracking cash for reinsurance transactions.
- Utilize software and data analysis tools to streamline processes and enhance accuracy.
- Investigate and resolve issues affecting Company financial results, communicating with reinsurers and internal stakeholders.
- Collaborate with Actuarial, Claims, Finance, and Enterprise Risk Management teams to ensure seamless operations.
- Proof documents and calculations, ensuring data quality requirements.
- Review and interpret contracts relative to reinsurance calculations, guiding reinsurance operations.
Requirements:
- Bachelor's degree in Accounting, Finance, Economics, or comparable field.
- 1-3 years' experience in insurance claim processing, billing, or receivable.
- Strong computer skills, with high accuracy output and advanced Excel skills.
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