Reinsurance Claim Specialist

Job description

Reporting to a Manager, Ceded Claims, Reinsurance Services, this position is responsible for the day to day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsure and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow.

The department provides business units and other constituencies with reliable and cost effective processing and reporting services.

Key Responsibilities

• Ensure claims are reported timely and in accordance with the reinsurance contract terms
• Verify billings are completed timely and accurately Track, Monitor and Collect open ceded loss recoverable balances
• Report accurate status of billings and collections as required Manage SOX functions and audit testing (Internal/External) Support Chubb business units and interact with brokers/reinsurers Proactively identify issues and recommend effective solutions
• Provide assistance with the monthly close process

Qualifications

• Strong writing and verbal communication skills Excel skills
• Strong aptitude for math
• Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)
• Ability to collaborate with other units within the department, the company and reinsurance partners