Reinsurance Jobs in California
Reinsurance is a financial tool that insurance companies use to manage risk. Essentially, it involves insurance companies transferring portions of their risk portfolios to other parties to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. In other words, it is insurance for insurance companies. Reinsurance enables insurance companies to remain solvent by recovering part or all amounts paid to claimants. Further, reinsurance also provides insurance companies the capacity to underwrite policies that cover a larger volume of risks without excessively raising the costs of covering their solvency margins.
Individuals seeking roles in Reinsurance should have strong analytical, decision-making, and negotiation skills. Moreover, having a deep understanding of risk analysis, financial markets, and regulatory requirements are also essential. A certification as a Chartered Property Casualty Underwriter (CPCU) or Associate in Reinsurance (ARe) might be required. Some typical roles a person may have before becoming a Reinsurance Professional include Underwriter, Claims Adjuster, or Risk Analyst. These roles provide the necessary experience and understanding of risk assessment and financial implications critical for a career in reinsurance.
We will count on you to: Manage the complete lifecycle of a reinsurance contract for your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations...
Insurance & Reinsurance Litigation Associate Attorney - CA Offices
- Irvine, CA
- 19 days ago
- Irvine, CA
- 19 days ago
Insurance Expertise: Preferred candidates will have familiarity with general liability and property and casualty insurance policies....
Monitor and coordinate reinsurance activity with product management, underwriting, claims management, capital management, valuation and legal teams....
Monitor and coordinate reinsurance activity with product management, underwriting, claims management, capital management, valuation and legal teams....
Minimum of three (3) years' claims handling experience required. Ability to work independently and work in a team environment. Ability to prioritize and meet deadlines on multiple projects....
Demographic Data for California
Moving to California? Find some basic demographic data about California below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Reinsurance Jobs in California
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in California offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Processes
- Business Analysis
- Implementation
- Claims Handling
- Waterfall
- Test Cases
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- Gap Analysis
- Software Implementation
- Business Requirements
- Personal Lines
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Internal Control
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- Reconciliations
- Juris Doctor
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Accounting
- Negotiation
- Driving
- Presentation
- Mentoring
- Events
- Data Analysis
- Employee Development
- Interpersonal Skills
- Documentation
- Flexibility
- Reporting
- Collaboration
- Bachelor's Degree
- Microsoft PowerPoint
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills