Reinsurance Jobs in Basking Ridge, NJ
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.
Head of US Healthcare Reinsurance
- Princeton, NJ (21 miles from Basking Ridge, NJ)
- 2 days ago
- Princeton, NJ (21 miles from Basking Ridge, NJ)
- 2 days ago
Head of US Healthcare Reinsurance How does this role contribute to our collective success?...
Reinsurance Transactional Auditor
- Princeton, NJ (21 miles from Basking Ridge, NJ)
- 2 days ago
- Princeton, NJ (21 miles from Basking Ridge, NJ)
- 2 days ago
Strong understanding of reinsurance principles and treaty structures. Prior experience in reinsurance or insurance auditing is required....
- Warren, NJ (4 miles from Basking Ridge, NJ)
- 8 days ago
- Warren, NJ (4 miles from Basking Ridge, NJ)
- 8 days ago
Title: Underwriter II, Reinsurance Company: Everest Reinsurance Company Job Category: Underwriting Job Description: Job Description Everest Reinsurance Company, a member of the Everest Re Group, LTD...
Reinsurance Claims Manager - A&H
- Morristown, NJ (8 miles from Basking Ridge, NJ)
- 30+ days ago
- Morristown, NJ (8 miles from Basking Ridge, NJ)
- 30+ days ago
The Reinsurance Claims Manager A&Hs primary function is to execute the day-to-day proactive management of all aspects of global A&H reinsurance claims, with moderate oversight from the Chief Claims...
Senior Business Systems Analyst, Reinsurance
- Iselin, NJ (14 miles from Basking Ridge, NJ)
- 30+ days ago
- Iselin, NJ (14 miles from Basking Ridge, NJ)
- 30+ days ago
Property and casualty insurance knowledge in commercial lines and specialty product offerings preferred....
Assistant Director, Reinsurance Finance
- Parsippany, NJ (14 miles from Basking Ridge, NJ)
- 90+ days ago
- Parsippany, NJ (14 miles from Basking Ridge, NJ)
- 90+ days ago
Liaison with Project Teams, Systems Groups, and Reinsurance Legal as Reinsurance Business expert on any reinsurance exposure issues/ projects....
Demographic Data for Basking Ridge, NJ
Moving to Basking Ridge, NJ? Find some basic demographic data about Basking Ridge, NJ below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Reinsurance Jobs in Basking Ridge, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Basking Ridge, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Cash Flow Management
- Claims Handling
- Waterfall
- Data Migration
- Corporate Finance
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Property Insurance
- Annuities
- Employee Benefits
- Underwriting
- Balance Sheets
- Internal Control
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Health and Wellness
- Account Reconciliation
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- SQL
- Analytical Skills
- Decision Making
- Accounting
- Negotiation
- Auditing
- Verbal Communication
- Strategic Planning
- Driving
- Policy Administration
- Presentation
- Flexibility
- Mentoring
- Events
- Employee Development
- Documentation
- Interpersonal Skills
- Collaboration
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills