Claims Reinsurance Analyst

About the role

We are looking for a highly capable Claims Reinsurance Analyst to join our team and work from our Chicago office. We work together in the office five days a week in order to strengthen our culture, build team connections, and drive profitability. The position reports to the VP, Reinsurance Claims and is focused on XOL and Facultative Reinsurance reporting, billing, and collection activities, including URS data validation and reconciliation. This is a 100% in-office position.

Responsibilities

• Handle XOL and Facultative Reinsurance reporting, billing, and collection activities with a direct impact on departmental results.
• Collaborate with Reinsurance Accounting on collection and related issues and URS data validation and reconciliation efforts.
• Secure the timely and accurate settlement of reinsurance claims.
• Track open recoverable balances to ensure timely collection and follow-up.
• Assist with commutation and other strategic efforts.

Qualifications / Experience Required

• Good business acumen (understand how an insurance company works and makes money, including how this role impacts both Argo Group and our customers’ ability to be profitable).
• A practical knowledge of reinsurance accounting, as well as an exceptional customer service focus typically achieved through:
• A minimum of two years of reinsurance accounting experience.
• Bachelor’s degree from an accredited university in Accounting, Insurance or related degree required. Four additional years of related accounting experience beyond the minimum experience required above may be substituted in lieu of a degree.
• Must work independently and demonstrate the ability to exercise sound judgment.
• Excellent communication skills and the ability to build lasting relationships.
• Excellent evaluation and analytical skills required.
• Effective time management skills and ability to prioritize workload while handling multiple tasks and deadlines.
• Ability to articulate the financial value of your work at multiple responsibility levels inside our clients’ business which may include CEO.
• Ability to regularly exercise discretion and independent judgment with respect to matters of significance.
• Demonstrates inner strength. Has the courage to do the right thing and demonstrates it on a daily basis.
• Proven ability to consistently produce and deliver expected results to all stakeholders by: Finding a way to achieve success through adversity. Being solution (not problem) focused. Thinking with a global mindset first.
• Ability to develop and maintain productive relationships with business partners and organizational peers with a focus on timely and meaningful exchanges of information.
• Exhibit natural and intellectual curiosity in order to consistently explore and consider all options and is not governed by conventional thinking.
• Proficient in MS Office Suite and other business-related software (experience with URS Reinsurance Accounting System a plus).
• Polished and professional written and verbal communication skills.
• The ability to read and write English fluently is required.
• Desire for continued professional development through continuing education and self-development opportunities.

Benefits and Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.

About Working In US Claims At Argo Group

At Argo Group, we do not treat our claims or our claims professionals as a commodity. The work we offer is challenging, diverse, and impactful. Our Adjusters and Managers are empowered to exercise their independent discretion and, within broad limits and authority, be creative in developing solutions and treat each case as the unique situation it is. We have a very flat organizational structure, enabling our employees to have more interaction with our senior management team, especially when it relates to reviewing large losses. We offer a work environment that inspires innovation and is open to employee suggestions. We even offer rewards for creative and innovative ideas. We believe in building an inclusive and diverse team, and we strive to make our office a welcoming space for everyone.