Reinsurance Jobs in Riverwoods, 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.
Staff Ceded Reinsurance - Claims
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
settlement of reinsurance claims Manage resolution of any reinsurance claims dispute Track open ceded recoverable balances to ensure timely collection and follow-up Coordinate counterparty reinsurance...
Senior, Ceded Reinsurance - Claims
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 1 day ago
Job Description Senior, Ceded Reinsurance - Claims The Senior full-time position sits within the Ceded Reinsurance Department, leading Argo's end-to-end reinsurance strategy from execution of placement...
Bachelor Apprenticeship Program - Reinsurance - Schaumburg, IL (Janauary 2026)
- Schaumburg, IL (14 miles from Riverwoods, IL)
- 5 days ago
- Schaumburg, IL (14 miles from Riverwoods, IL)
- 5 days ago
Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....
AVP, Reinsurance Treaty & Legacy
- Chicago, IL (21 miles from Riverwoods, IL)
- 10 days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 10 days ago
Directs claims handling and philosophy for assumed legacy reinsurance business, seek opportunities for finality where possible....
Senior Reinsurance Claims Specialist-Public Entity
- Chicago, IL (21 miles from Riverwoods, IL)
- 15 days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 15 days ago
and casualty insurance products and services in North America....
- Chicago, IL (21 miles from Riverwoods, IL)
- 30+ days ago
- Chicago, IL (21 miles from Riverwoods, 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...
Head of US Healthcare Reinsurance
- Chicago, IL (21 miles from Riverwoods, IL)
- 60+ days ago
- Chicago, IL (21 miles from Riverwoods, 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 (21 miles from Riverwoods, IL)
- 90+ days ago
- Chicago, IL (21 miles from Riverwoods, IL)
- 90+ days ago
Prior surety reinsurance experience or Trade Credit, political risk underwriting....
Demographic Data for Riverwoods, IL
Moving to Riverwoods, IL? Find some basic demographic data about Riverwoods, IL below.
Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Riverwoods, IL
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Riverwoods, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Agile
- Modeling
- Business Processes
- Microsoft Visio
- Change Management
- Architectural Design
- Project Management Professional
- Implementation
- Product Launch
- Claims Handling
- Simple Object Access Protocol
- Waterfall
- Data Migration
- Remote Support
- System Integration
- Short-Term Disability
- RESTful
- Business Requirements
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Claims Processing
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Billing
- Finance
- Auditing
- Negotiation
- Consulting
- Policy Administration
- Accounting
- Documentation
- Flexibility
- Reporting
- Collaboration
- Project Management
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Organization
- Leadership
- Communication Skills
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