Reinsurance Analyst

5 days ago

New York, New York, United States Marsh & McLennan Companies Full time
Job Title: Reinsurance Analyst

We are seeking a highly skilled Reinsurance Analyst to join our team in New York, NY or Philadelphia, PA. As a Reinsurance Analyst, you will be responsible for managing assigned client portfolios, ensuring timely and accurate system entry of all client activity, and providing detailed information on client-specific accounting and claims activities to support client sales opportunities.

Key Responsibilities:
  • Manage assigned client portfolios, including follow-up and securing of reinsurance premiums
  • Work with other areas to support collection and cash application initiatives as required
  • Manage settlement of funds to and from clients in a timely manner, ensuring all applicable payment warranties and/or conditions are met
  • Ensure assigned tasks are completed accurately and in accordance with Service Level Attributes (SLAs)
  • Provide detailed information on client-specific accounting and claims activities to support client sales opportunities
  • Promote, build, and maintain relationships with brokers, clients, and markets
  • Participate and support manager in team meetings and activities to share opinions, ideas, knowledge, and solutions
  • Seek opportunities to increase own understanding and improve the services provided
  • Collaborate with peers on complex or contentious reinsurance developments
  • Support, assist, and provide guidance to less experienced colleagues as needed
Requirements:
  • High School Diploma/GED
  • 1-3 years of equivalent professional work experience in insurance, reinsurance, or risk management
  • Proficiency in Microsoft Office Applications (Word, Excel, and PowerPoint) required
  • Demonstrated ability to work as part of a high-performance team
  • Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment
  • Successful management of workload; able to manage expectations of all clients and stakeholders
  • Strong communication and negotiation skills, both written and verbal
  • Able to challenge appropriately, supporting business cases with facts and information
  • Strong ability to quickly assess and offer effective solutions to problems efficiently
  • Ability to make sound judgments independently while knowing when to bring situations to the attention of management
  • Able to engage, influence, and negotiate with clients, markets, and colleagues in a professional manner
What We Offer:
  • Competitive pay and benefits package
  • Opportunities for professional growth and development
  • Collaborative and dynamic work environment
  • Recognition and rewards for outstanding performance

Marsh McLennan is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week.

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