Reinsurance Jobs in Connecticut
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.
Knowledge of Reinsurance practices. Experience leading initiatives preferred. Bachelors degree in Business, MIS or other related field preferred....
Must fully understand what reinsurance is and how group ceded reinsurance works....
Roles & Responsibilities, including but not limited to: Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella....
Law degree and/or CPCU designation preferred experienced reinsurance contract wording professionals will also be considered Enhance your talents Providing outstanding service and developing strong relationships...
liability, auto, property and professional lines 2+ years of experience in property/casualty reinsurance pricing preferred Enjoy Yourmitment to providing strong service, sharing best practices, and...
Reinsurance - Director, Research and Development
- Fairfield, CT
- 28 days ago
- Fairfield, CT
- 28 days ago
Reinsurance - Director, Research and Development (2500323) Reinsurance - Director, Research and Development - (2500323) US-OH-Fairfield Description Make a difference with a career in insurance At The...
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries....
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries....
Monitor and report on industry and legal developments affecting reinsurance. Provide training to internal constituencies on key reinsurance issues....
Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva...
Liaison with Project Teams, Systems Groups, and Reinsurance Legal as Reinsurance Business expert on any reinsurance exposure issues/ projects....
Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in...
Demographic Data for Connecticut
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Salary for Reinsurance Jobs in Connecticut
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Connecticut offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Reconciliation
- Claims Handling
- Waterfall
- Mergers & Acquisitions
- Test Cases
- Data Migration
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Claims Processing
- Arbitration
- Underwriting
- Litigation
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Juris Doctor
- Mediation
- General Ledger
- Client Services
- Resolution
- Financial Reporting
- Financial Analysis
- Estimating
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- Collections
- Analytical Skills
- SQL
- Accounting
- Decision Making
- Written Communication
- Policy Administration
- Negotiation
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Data Analysis
- Employee Development
- Interpersonal Skills
- Bachelor's Degree
- Reporting
- Microsoft PowerPoint
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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