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.
Vice President Reinsurance Broker
- Chicago, IL (18 miles from Addison, IL)
- moments ago
- Chicago, IL (18 miles from Addison, IL)
- moments ago
About You What you bring to the role: Bachelor's degree from four-year College or university. 3 or more years of work experience in Property and Casualty insurance, reinsurance and/or consulting....
- Chicago, IL (18 miles from Addison, IL)
- 17 days ago
- Chicago, IL (18 miles from Addison, IL)
- 17 days ago
We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business...
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 30+ days ago
We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business...
US Reinsurance Director - Treaty
- Chicago, IL (18 miles from Addison, IL)
- 45+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 45+ days ago
Skills and experience that will lead to success 5+ years of work experience in Reinsurance and/or P&C insurance industry. Excellent knowledge and understanding of reinsurance....
Head of US Healthcare Reinsurance
- Chicago, IL (18 miles from Addison, IL)
- 60+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 60+ days ago
Head of US Healthcare Reinsurance How does this role contribute to our collective success?...
Underwriter Reinsurance-Credit & Surety North America
- Chicago, IL (18 miles from Addison, IL)
- 60+ days ago
- Chicago, IL (18 miles from Addison, IL)
- 60+ days ago
Prior surety reinsurance experience or Trade Credit, political risk underwriting....
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
Title Synonyms
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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
- Business Processes
- Business Analysis
- Implementation
- Claims Handling
- Waterfall
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- Software Implementation
- Personal Lines
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Internal Control
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Financial Statements
- Health and Wellness
- Account Reconciliation
- Reconciliations
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Accounting
- Negotiation
- Presentation
- Mentoring
- Events
- Data Analysis
- Employee Development
- Interpersonal Skills
- Documentation
- Flexibility
- Reporting
- Collaboration
- Microsoft PowerPoint
- Bachelor's Degree
- English
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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