Reinsurance Jobs in Shakopee, 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.
Senior Accountant, Reinsurance
- NAC Voya Services Company
- Minneapolis, MN (20 miles from Shakopee, MN)
- 2 hours ago
- Minneapolis, MN (20 miles from Shakopee, MN)
- 2 hours ago
These include preparing and compiling reinsurance settlements using admin system and ledger data, analyzing reinsurance results, and accounting and recording reinsurance activities....
HybridReinsurance Contract Drafter (AVP/VP)
- Marsh & McLennan Companies, Inc.
- Edina, MN (15 miles from Shakopee, MN)
- 25 days ago
- Edina, MN (15 miles from Shakopee, MN)
- 25 days ago
We will 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...
HybridDirector - Strategy & Execution - Reinsurance
- Aon Corporation
- Minneapolis, MN (20 miles from Shakopee, MN)
- 30+ days ago
- Minneapolis, MN (20 miles from Shakopee, MN)
- 30+ days ago
The role will support the execution of Reinsurance Growth and Broking strategies with focus on insights to drive strategic business growth....
HybridReinsurance Broker Intern (MN)-1
- Howden
- Edina, MN (15 miles from Shakopee, MN)
- 45+ days ago
- Edina, MN (15 miles from Shakopee, MN)
- 45+ 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,...
In Person InternshipReinsurance Placement Specialist
- Marsh
- Edina, MN (15 miles from Shakopee, MN)
- 90+ days ago
- Edina, MN (15 miles from Shakopee, MN)
- 90+ 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...
HybridDemographic Data for Shakopee, MN
Moving to Shakopee, MN? Find some basic demographic data about Shakopee, MN below.
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Salary for Reinsurance Jobs in Shakopee, MN
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Shakopee, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Intellectual Property Law
- Motion Practice
- Drafting
- General Accounting
- Client Management
- Mergers & Acquisitions
- Research and Writing
- Business litigation
- Commercial Litigation
- Drafting Pleadings
- System Implementation
- Patent Prosecution
- International Financial Reporting Standards
- Capital Markets
- Complex Litigation
- Technical Accounting
- Class Action Litigation
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Underwriting
- Litigation
- Claims
- Financial Statements
- Variance Analysis
- Internal Control
- Generally Accepted Accounting Principles
- Financial Planning and Analysis
- Reconciliations
- Legal Research & Writing
- Financial Reporting
- Reimbursement
- Microsoft Power BI
- Risk Management
- Finance
- Decision Making
- Negotiation
- Accounting
- Auditing
- Business Development
- Consulting
- Presentation
- Process Improvement
- Driving
- Documentation
- Coaching
- Employee Development
- Reporting
- Collaboration
- Flexibility
- Sales
- Microsoft Excel
- Research Skills
- Microsoft Office
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
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