Reinsurance Jobs in Pennington, 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.
Data Engineer With Reinsurance and Actuarial exp @ looking for only W2
- Princeton, NJ (7 miles from Pennington, NJ)
- 1 day ago
- Princeton, NJ (7 miles from Pennington, NJ)
- 1 day ago
Role: Data Engineer Location: Princeton, NJ (3 days a week) Duration: Long Term Job Description: They are looking for Reinsurance and Actuarial exp. Candidates....
Senior Reinsurance Claims Specialist-Public Entity
- Princeton, NJ (7 miles from Pennington, NJ)
- 15 days ago
- Princeton, NJ (7 miles from Pennington, NJ)
- 15 days ago
and casualty insurance products and services in North America....
VP Annuity Reinsurance and R D
- Bridgewater, NJ (20 miles from Pennington, NJ)
- 30+ days ago
- Bridgewater, NJ (20 miles from Pennington, NJ)
- 30+ 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...
Head of US Healthcare Reinsurance
- Princeton, NJ (7 miles from Pennington, NJ)
- 45+ days ago
- Princeton, NJ (7 miles from Pennington, NJ)
- 45+ days ago
Head of US Healthcare Reinsurance How does this role contribute to our collective success?...
Demographic Data for Pennington, NJ
Moving to Pennington, NJ? Find some basic demographic data about Pennington, NJ below.
Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Pennington, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Pennington, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Analysis
- Implementation
- Claims Handling
- Waterfall
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- Software Implementation
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Underwriting
- Internal Control
- Insurance Claims
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Account Reconciliation
- 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
- Interpersonal Skills
- Events
- Flexibility
- Data Analysis
- Employee Development
- Collaboration
- Reporting
- Documentation
- Coaching
- Bachelor's Degree
- Microsoft PowerPoint
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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