Reinsurance Jobs in Bloomfield, CT
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.
Senior Accountant, Reinsurance
- Farmington, CT (10 miles from Bloomfield, CT)
- 1 hour ago
- Farmington, CT (10 miles from Bloomfield, CT)
- 1 hour ago
or insurance accounting experience Experience in property & casualty reinsurance assumed/ceded accounting a plus ARe certification and/or CPCU courses a plus #LI-hybrid #LI-AT1 For individuals assigned...
- Hartford, CT (6 miles from Bloomfield, CT)
- 1 day ago
- Hartford, CT (6 miles from Bloomfield, CT)
- 1 day ago
to the processing and servicing of reinsurance contracts Reinsurance underwriting and claims audit coordination....
Director - Reinsurance Controllership
- Springfield, MA (18 miles from Bloomfield, CT)
- 30+ days ago
- Springfield, MA (18 miles from Bloomfield, CT)
- 30+ days ago
on STAT and GAAP basis for reinsurance transactions....
Demographic Data for Bloomfield, CT
Moving to Bloomfield, CT? Find some basic demographic data about Bloomfield, CT below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Bloomfield, CT
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Bloomfield, CT 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
- Sarbanes-Oxley Compliance
- VLOOKUP
- Remote Support
- Gap Analysis
- Business Requirements
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Underwriting
- Internal Control
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- Health and Wellness
- Reconciliations
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Negotiation
- Accounting
- Driving
- Presentation
- Mentoring
- Events
- Data Analysis
- Employee Development
- Documentation
- Flexibility
- Reporting
- Critical Thinking
- Collaboration
- Interpersonal Skills
- Bachelor's Degree
- Microsoft PowerPoint
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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