Reinsurance Jobs in Paterson, 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.
- Newark, NJ (12 miles from Paterson, NJ)
- 2 days ago
- Newark, NJ (12 miles from Paterson, NJ)
- 2 days ago
Provide oversight and support for outsourced reinsurance administration activities. Serve as a subject matter expert on reinsurance accounting and reporting for both inforce and new transactions....
Head of HR, Global Arch Reinsurance Group
- Morristown, NJ (18 miles from Paterson, NJ)
- 3 days ago
- Morristown, NJ (18 miles from Paterson, NJ)
- 3 days ago
Experience working in corporate companies in Financial Services, preferably in the Reinsurance/Insurance industry....
- New York, NY (14 miles from Paterson, NJ)
- 4 days ago
- New York, NY (14 miles from Paterson, NJ)
- 4 days ago
This individual will support the global activities of the P&C Business Unit across all business functions, while also providing general assistance to the Legal and Compliance teams as needed based...
Director, Reinsurance Operations
- New York, NY (14 miles from Paterson, NJ)
- 5 days ago
- New York, NY (14 miles from Paterson, NJ)
- 5 days ago
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable...
Associate Manager, Reinsurance Administration & Financial Reporting
- Newark, NJ (12 miles from Paterson, NJ)
- 5 days ago
- Newark, NJ (12 miles from Paterson, NJ)
- 5 days ago
The Post-Execution team within ILI Reinsurance is responsible for the administration and financial reporting of both affiliate and third-party reinsurance transactions....
Senior Accountant, Reinsurance
- Morristown, NJ (18 miles from Paterson, NJ)
- 8 days ago
- Morristown, NJ (18 miles from Paterson, NJ)
- 8 days ago
or insurance accounting experience Experience in property & casualty reinsurance assumed/ceded accounting a plus ARe certification and/or CPCU courses a plus #LI-hybrid #LI-AT1 For individuals assigned...
- Iselin, NJ (24 miles from Paterson, NJ)
- 11 days ago
- Iselin, NJ (24 miles from Paterson, NJ)
- 11 days ago
and casualty insurance and reinsurance and investment management....
Reinsurance Implementation Consultant
- New York, NY (14 miles from Paterson, NJ)
- 12 days ago
- New York, NY (14 miles from Paterson, NJ)
- 12 days ago
Kforce has a client in NYC that is seeking a Reinsurance Implementation Consultant....
Senior Reinsurance Treaty Analyst
- New York, NY (14 miles from Paterson, NJ)
- 17 days ago
- New York, NY (14 miles from Paterson, NJ)
- 17 days ago
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable...
Reinsurance Contract Services Associate
- New York, NY (14 miles from Paterson, NJ)
- 19 days ago
- New York, NY (14 miles from Paterson, NJ)
- 19 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...
US Healthcare Reinsurance Business Development Lead
- New York, NY (14 miles from Paterson, NJ)
- 19 days ago
- New York, NY (14 miles from Paterson, NJ)
- 19 days ago
Head of US Healthcare Reinsurance Business Development Lead The US Healthcare Reinsurance Business Development Lead is a strategic leadership role focused on driving revenue growth, expanding market...
Reinsurance Specialist - Associate I - Transactional Services
- New York, NY (14 miles from Paterson, NJ)
- 20 days ago
- New York, NY (14 miles from Paterson, NJ)
- 20 days ago
Familiarity with contract law, reinsurance concepts, and general business trends....
- New York, NY (14 miles from Paterson, NJ)
- 26 days ago
- New York, NY (14 miles from Paterson, NJ)
- 26 days ago
About Fairfax Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management....
- New York, NY (14 miles from Paterson, NJ)
- 27 days ago
- New York, NY (14 miles from Paterson, NJ)
- 27 days ago
framework Experience managing, developing, or leading others Increasing levels of responsibility Licenses/Certifications Progression toward or receipt of professional designations including AFSB, CFA, CPCU...
- New York, NY (14 miles from Paterson, NJ)
- 27 days ago
- New York, NY (14 miles from Paterson, NJ)
- 27 days ago
underwriting framework Experience managing, developing, or leading others Increasing levels of responsibility Licenses/Certifications Progression toward or receipt of professional designations including CPCU...
Demographic Data for Paterson, NJ
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Salary for Reinsurance Jobs in Paterson, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Paterson, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Agile
- Modeling
- Business Processes
- Microsoft Visio
- Change Management
- Architectural Design
- Project Management Professional
- Implementation
- Product Launch
- Claims Handling
- Simple Object Access Protocol
- Waterfall
- User Acceptance Testing
- Data Migration
- Remote Support
- System Integration
- Short-Term Disability
- RESTful
- Business Requirements
- Property and Casualty Insurance
- Claims Management
- Annuities
- Claims Processing
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Billing
- Finance
- Auditing
- Negotiation
- Consulting
- Policy Administration
- Accounting
- Documentation
- Flexibility
- Reporting
- Collaboration
- Project Management
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Organization
- Leadership
- Communication Skills
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