Reinsurance Jobs in Massachusetts
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.
POSITION(S) I AM APPLYING FOR Legal Assistant - Intellectual Property Litigation Performs a broad range of administrative support for several attorneys in the Litigation department with a focus in...
for all areas of the company and our reinsurance third party administrator (TPA) Respond to escalated issues relating to reinsurance pricing, implementation or queries QUALIFICATIONS: Exposure to reinsurance...
Accounting Transformation (Insurance & Reinsurance) Consultant
- Springfield, MA
- 15 days ago
- Springfield, MA
- 15 days ago
Significant experience in insurance and/or reinsurance accounting, with a focus on transformation and system implementation....
Operating Expense Accounting - Life Insurance or Reinsurance Consultant
- Springfield, MA
- 15 days ago
- Springfield, MA
- 15 days ago
. + Life Insurance or Reinsurance industry experience + Bachelors degree in Accounting, Finance, or related field; CPA or equivalent preferred. + Strong experience in operating expense accounting, financial...
on STAT and GAAP basis for reinsurance transactions....
Reinsurance Platform Business Analyst and Tester
- Brighton, MA
- 30+ days ago
- Brighton, MA
- 30+ days ago
projects on Reinsurance automation....
Demographic Data for Massachusetts
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Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Massachusetts
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Massachusetts offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Agile
- Business Processes
- Claims Handling
- Simple Object Access Protocol
- Waterfall
- User Acceptance Testing
- Data Migration
- Remote Support
- System Integration
- Software Implementation
- Property and Casualty Insurance
- Claims Management
- Annuities
- Claims Processing
- Arbitration
- Underwriting
- Litigation
- Insurance Claims
- Claims
- Generally Accepted Accounting Principles
- Account Reconciliation
- Reconciliations
- Juris Doctor
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Billing
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Negotiation
- Consulting
- Policy Administration
- Written Communication
- Events
- Strategic Planning
- Accounting
- Employee Development
- Documentation
- Presentation
- Driving
- Mentoring
- Flexibility
- Data Analysis
- Reporting
- Collaboration
- Interpersonal Skills
- Microsoft PowerPoint
- Project Management
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Leadership
- Communication Skills
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