Reinsurance Jobs in Addison, IL
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.
Head of US Healthcare Reinsurance
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
- Chicago, IL (18 miles from Addison, IL)
- 1 day ago
Head of US Healthcare Reinsurance How does this role contribute to our collective success?...
Chief Cyber Intelligence Officer - Reinsurance Sol
- Chicago, IL (18 miles from Addison, IL)
- 2 days ago
- Chicago, IL (18 miles from Addison, IL)
- 2 days ago
Aon is currently recruiting a Chief Cyber Intelligence Officer - Reinsurance Solutions to join our team....
Underwriter II, Reinsurance - R6327_45031376178_0-4346
- Chicago, IL (18 miles from Addison, IL)
- 3 days ago
- Chicago, IL (18 miles from Addison, IL)
- 3 days ago
at EVEREST REINSURANCE CO in Chicago, Illinois, United States Job Description Title: Underwriter II, Reinsurance Company: Everest Reinsurance Company Job Category: Underwriting Job Description: Job...
Senior Reinsurance Risk Manager, Underwriting Property & Casualty
- Chicago, IL (18 miles from Addison, IL)
- 3 days ago
- Chicago, IL (18 miles from Addison, IL)
- 3 days ago
With your P&C reinsurance expertise (Casualty is essential), excellent communication skills, leadership, and adaptability, you will make a significant impact at Swiss Re....
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- Chicago, IL (18 miles from Addison, IL)
- 7 days ago
- Chicago, IL (18 miles from Addison, IL)
- 7 days ago
Title: Underwriter II, Reinsurance Company: Everest Reinsurance Company Job Category: Underwriting Job Description: Job Description Everest Reinsurance Company, a member of the Everest Re Group, LTD...
Underwriter Reinsurance-Credit & Surety North America
- Chicago, IL (18 miles from Addison, IL)
- 25 days ago
- Chicago, IL (18 miles from Addison, IL)
- 25 days ago
Prior surety reinsurance experience or Trade Credit, political risk underwriting....
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
Pursues recovery of the balances of reinsurance claims/accounts by influencing reinsurer, explaining coverage and liabilities and gaining support for position. 6....
VP, Head of Retrocession Reinsurance Technical Accounting & Administration, Americas
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
They effectively lead the P&C retrocession reinsurance accounting & administration teams, ensuring that day-to-day operations run smoothly....
Reinsurance Actuarial Senior Analyst
- Chicago, IL (18 miles from Addison, IL)
- 90+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 90+ days ago
Job Title: Reinsurance Actuarial Senior Analyst Location: Chicago, IL Work Style: Hybrid As an Actuarial Analyst you will have responsibility for managing and completing projects across several P&C...
Demographic Data for Addison, IL
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Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Addison, IL
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Addison, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Cash Flow Management
- Claims Handling
- Waterfall
- Data Migration
- Corporate Finance
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Property Insurance
- Annuities
- Employee Benefits
- Underwriting
- Balance Sheets
- Internal Control
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Health and Wellness
- Account Reconciliation
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- SQL
- Analytical Skills
- Python
- Decision Making
- Accounting
- Negotiation
- Auditing
- Verbal Communication
- Driving
- Policy Administration
- Presentation
- Flexibility
- Mentoring
- Events
- Employee Development
- Documentation
- Interpersonal Skills
- Collaboration
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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