Reinsurance Jobs in Mendota, 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.
Accounting Director, Summit Reinsurance Services, Inc.
- Roseville, MN (8 miles from Mendota, MN)
- 13 days ago
- Roseville, MN (8 miles from Mendota, MN)
- 13 days ago
Logistics: This open position is within one of our subsidiary companies called Summit Reinsurance Services, Inc. (Summit Re) located in Fort Wayne, IN and Roseville, MN....
Associate II - Reinsurance Contract Services
- Edina, MN (7 miles from Mendota, MN)
- 27 days ago
- Edina, MN (7 miles from Mendota, MN)
- 27 days ago
We can count on you to: Manage the complete lifecycle of a reinsurance contract for your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations...
- Edina, MN (7 miles from Mendota, MN)
- 30+ days ago
- Edina, MN (7 miles from Mendota, MN)
- 30+ days ago
Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker....
Reinsurance Specialist - Accounting/Claims
- Edina, MN (7 miles from Mendota, MN)
- 30+ days ago
- Edina, MN (7 miles from Mendota, MN)
- 30+ days ago
What makes you stand out: Experience in Pro Rata Reinsurance Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends...
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Associate Director - Reinsurance Claims
- Edina, MN (7 miles from Mendota, MN)
- 90+ days ago
- Edina, MN (7 miles from Mendota, 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...
- Edina, MN (7 miles from Mendota, MN)
- 90+ days ago
- Edina, MN (7 miles from Mendota, MN)
- 90+ days ago
As a Reinsurance Broker Intern, you will work on the North American Reinsurance Team - learning more about reinsurance broking, risk mitigation solutions, contract negotiation, portfolio management,...
Demographic Data for Mendota, MN
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Salary for Reinsurance Jobs in Mendota, MN
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Mendota, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Visual Basic
- Implementation
- Cash Flow Management
- Claims Handling
- Selenium
- Waterfall
- VBScript
- HP QuickTest Pro
- Test Cases
- Data Migration
- Team Foundation Server
- Software Testing
- Corporate Finance
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Property Insurance
- Annuities
- Underwriting
- Balance Sheets
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Health and Wellness
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- SQL
- Analytical Skills
- Decision Making
- Accounting
- Negotiation
- Auditing
- Verbal Communication
- Driving
- Policy Administration
- Presentation
- Flexibility
- Mentoring
- Events
- Documentation
- Interpersonal Skills
- Collaboration
- Employee Development
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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