Reinsurance Jobs in Schaumburg, 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.
- Chicago, IL (23 miles from Schaumburg, IL)
- 9 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 9 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...
Cyber Intelligence Consultant - Reinsurance Soluti
- Chicago, IL (23 miles from Schaumburg, IL)
- 25 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 25 days ago
Aon is currently recruiting a Cyber Intelligence Consultant - Reinsurance Solutions to join our team....
- Chicago, IL (23 miles from Schaumburg, IL)
- 30+ days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 30+ days ago
The Reinsurance Services Team supports most aspects of the reinsurance life cycle....
- Chicago, IL (23 miles from Schaumburg, IL)
- 30+ days ago
- Chicago, IL (23 miles from Schaumburg, 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 (23 miles from Schaumburg, IL)
- 30+ days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 30+ 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 (23 miles from Schaumburg, IL)
- 45+ days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 45+ days ago
Head of US Healthcare Reinsurance How does this role contribute to our collective success?...
- Chicago, IL (23 miles from Schaumburg, IL)
- 60+ days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 60+ 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 (23 miles from Schaumburg, IL)
- 60+ days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 60+ days ago
Prior surety reinsurance experience or Trade Credit, political risk underwriting....
Reinsurance Actuarial Senior Analyst
- Chicago, IL (23 miles from Schaumburg, IL)
- 90+ days ago
- Chicago, IL (23 miles from Schaumburg, 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 Schaumburg, IL
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Salary for Reinsurance Jobs in Schaumburg, IL
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Schaumburg, 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
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Underwriting
- Internal Control
- Insurance Claims
- Generally Accepted Accounting Principles
- Claims
- Financial Statements
- Account Reconciliation
- Financial Planning and Analysis
- Reconciliations
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Auditing
- Negotiation
- Driving
- Presentation
- Interpersonal Skills
- Events
- Flexibility
- Data Analysis
- Employee Development
- Collaboration
- Reporting
- Documentation
- Coaching
- Bachelor's Degree
- Microsoft PowerPoint
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Research Skills
- Organization
- Scheduling
- Leadership
- Communication Skills
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