Job Summary: Perform various administrative and technical tasks to assist the Reinsurance claim department in managing claims and handle a limited portfolio of assigned claims.
Responsibilities:
1. Review coverage for new loss notices and set up claims in the reinsurance system.
2. Review incoming claim correspondence on existing claims and create workflows in the reinsurance system.
3. Review claims status in reinsurance system diary for the assigned examiner(s).
4. Prepare payment requests for authorization and liaise with reinsurance accounting units to ensure prompt settlement.
5. Prepare monthly management reports for the VP Reinsurance Claims.
6. Assist the VP Reinsurance Claims in preparing and submitting claims documentation for internal and external audits.
7. Support the Senior Claim Analysts with preparations and coordination of external audits as needed.
8. Maintain ongoing liaison with underwriters and brokers regarding contract terms, updates, and corrections in the reinsurance system.
9. Maintain department studies, reports, and records as required.
10. Manage assigned accounts and claims under the supervision and authorization of the VP Reinsurance Claims and Senior Claim Analysts.
11. Understand general claim terminology to properly attach notices to the applicable agreements and claim files.
12. Participate in special projects as required.
Person Specification:
1. Bachelor’s degree or equivalent experience (advantageous).
2. Insurance-related courses or certificates (advantageous).
3. Working knowledge of Microsoft Office Suite.
4. Strong business writing skills.
5. Ability to work effectively in a team environment.
6. Willingness to learn new skills.
7. Excellent organizational skills and ability to handle multiple tasks concurrently.
8. Ability to work independently.
9. Fluency in written English is required; proficiency in a second European language is advantageous.
10. Enthusiastic and curious attitude.
Additional Details:
* Seniority Level: Entry Level
* Employment Type: Full-time
* Job Function: Finance
* Industry: Insurance
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