Reinsurance Jobs in Denville, 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.
Senior Reinsurance Officer - Technical Claims & Operations
- Jersey City, NJ (24 miles from Denville, NJ)
- 23 hours ago
- Jersey City, NJ (24 miles from Denville, NJ)
- 23 hours ago
Key Responsibilities, include but are not limited to the following: Working with Ceded Re Placement team to review exposure and claims information for reinsurance submissions and assist with reinsurance...
VP Annuity Reinsurance and R D
- Bridgewater, NJ (21 miles from Denville, NJ)
- 20 days ago
- Bridgewater, NJ (21 miles from Denville, NJ)
- 20 days ago
be responsible for the P&Ls for the newly formed US retail annuity reinsurance business Effectively manage complex client relationships Continue to innovate and develop new reinsurance solutions and...
- Warren, NJ (17 miles from Denville, NJ)
- 45+ days ago
- Warren, NJ (17 miles from Denville, NJ)
- 45+ 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...
Senior Business Systems Analyst, Reinsurance
- Iselin, NJ (23 miles from Denville, NJ)
- 60+ days ago
- Iselin, NJ (23 miles from Denville, NJ)
- 60+ days ago
Property and casualty insurance knowledge in commercial lines and specialty product offerings preferred....
Demographic Data for Denville, NJ
Moving to Denville, NJ? Find some basic demographic data about Denville, 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 Denville, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Denville, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Analysis
- Claims Handling
- Waterfall
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Employee Benefits
- Underwriting
- Internal Control
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Account Reconciliation
- Juris Doctor
- Financial Planning and Analysis
- Reconciliations
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Auditing
- Negotiation
- Driving
- Presentation
- Employee Development
- Events
- Interpersonal Skills
- Flexibility
- Data Analysis
- Collaboration
- Reporting
- Documentation
- Coaching
- Bachelor's Degree
- Microsoft PowerPoint
- Sales
- Microsoft Office
- Problem Solving
- 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