Reinsurance Claims Analyst

Responsibilities

• Review and approve Major Loss Reports for domestic and international losses
• Review reinsurance treaty contracts to ensure an understanding of their impact on various lines of business and apply treaties to loss analysis accordingly
• Create and maintain Excel workbooks for data analysis
• Identify large losses and high-profile matters
• Respond to non-MLR reinsurance verification requests and other reinsurance related queries
• Investigate and flag discrepancies and account issues
• Monitor and analyze financial impact of changes in reinsurance coverage
• Prioritize and collaborate with colleagues on various projects and initiatives
• Support AIG Next and reinsurance governance initiatives, including SOX controls
• Provide recommendations for process improvements

Key Deliverables (including Reports)

• MLRs (Major Loss Reports)
• Non-MLR reinsurance verifications as requested by internal customers

Required Qualifications

• 3+ years of reinsurance/insurance experience in claims and/or accounting
• Proficient with information technology, including Microsoft Office, particularly in Excel
• Excellent verbal and written communication skills
• Strong interpersonal skills and team orientated
• Excellent organization and time management skills
• Strong analytical skills to quickly identify, gather, and assess information

Preferred Qualifications

• Experience with Facultative, Captive, Quota Share, and Excess of Loss policy and treaty arrangements
• Knowledge of general accounting fundamentals
• Understanding of reinsurance concepts and contract language

Pay

The base salary range for this position in New York and New Jersey is $83,000-$103,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

Schedule

Your actual compensation will be dependent on your skills, experience, and qualifications. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

Benefits

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs).

Functional Area

RE - Reinsurance

National Union Fire Insurance Company of Pittsburgh, Pa.