Reinsurance Jobs in Cottage Grove, MN
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.
US Reinsurance Associate Director (Facultative Property)
- Bloomington, MN (17 miles from Cottage Grove, MN)
- 4 days ago
- Bloomington, MN (17 miles from Cottage Grove, MN)
- 4 days ago
What We're Looking For Minimum of 5 years' confirmed experience in broking, underwriting, or a technical/analytical role within commercial property and casualty insurance (e.g., actuarial, catastrophe...
Associate Director - Reinsurance Claims
- Edina, MN (20 miles from Cottage Grove, MN)
- 90+ days ago
- Edina, MN (20 miles from Cottage Grove, MN)
- 90+ days ago
Experience in multiple lines of business is a plus, including but not limited to: property; long-tail casualty such as workers compensation, commercial general liability, professional liability, etc...
Demographic Data for Cottage Grove, MN
Moving to Cottage Grove, MN? Find some basic demographic data about Cottage Grove, MN below.
Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Cottage Grove, MN
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Cottage Grove, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Analysis
- Cash Flow Management
- Claims Handling
- Waterfall
- User Acceptance Testing
- Remote Support
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Annuities
- Employee Benefits
- Underwriting
- Balance Sheets
- Internal Control
- Claims
- Generally Accepted Accounting Principles
- Health and Wellness
- Financial Statements
- Account Reconciliation
- Financial Planning and Analysis
- Juris Doctor
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- SQL
- Accounting
- Negotiation
- Auditing
- Driving
- Presentation
- Flexibility
- Data Analysis
- Events
- Collaboration
- Coaching
- Reporting
- Documentation
- Interpersonal Skills
- Microsoft PowerPoint
- Sales
- Microsoft Office
- Problem Solving
- Project Management
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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