Reinsurance Jobs in Canton, MA
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.
Reinsurance Associate Accountant (Summer 2025)
- Boston, MA (12 miles from Canton, MA)
- 3 days ago
- Boston, MA (12 miles from Canton, MA)
- 3 days ago
Pay Philosophy The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for...
Divisional Accountant - Reinsurance
- Boston, MA (12 miles from Canton, MA)
- 19 days ago
- Boston, MA (12 miles from Canton, MA)
- 19 days ago
Alliant Insurance Services is one of the nation's largest and fastest-growing insurance brokerage and consulting firms. We operate through a network of specialized national platforms and local...
Demographic Data for Canton, MA
Moving to Canton, MA? Find some basic demographic data about Canton, MA below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Canton, MA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Canton, MA 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
- 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
- Financial Reporting
- Financial Analysis
- Estimating
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- Collections
- Analytical Skills
- Military Background
- SQL
- Accounting
- Written Communication
- Policy Administration
- Negotiation
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- 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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