Reinsurance Jobs in Summit, 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.
Surety Reinsurance Underwriter
- New York, NY (19 miles from Summit, NJ)
- 1 day ago
- New York, NY (19 miles from Summit, NJ)
- 1 day ago
Advanced designations, CPCU, ARe preferred. At least 10+ years of experience in (re)insurance, with 5+ years of surety related underwriting, preferably within primary U.S. Surety....
Research & Development Specialist - Parametric Reinsurance
- New York, NY (19 miles from Summit, NJ)
- 3 days ago
- New York, NY (19 miles from Summit, NJ)
- 3 days ago
Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker....
Reinsurance Technical Accountant
- New York, NY (19 miles from Summit, NJ)
- 6 days ago
- New York, NY (19 miles from Summit, NJ)
- 6 days ago
or reinsurance account bookings, claims handling and manage the related cash flow....
Lead Manual QA With Sapiens Reinsurance Master Experience
- New York, NY (19 miles from Summit, NJ)
- 7 days ago
- New York, NY (19 miles from Summit, NJ)
- 7 days ago
Lead Manual QA With Sapiens Reinsurance Master Experience Minimum 10+ years as a Quality Assurance tester. Experience in Sapiens Reinsurance Master....
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AVP, Reinsurance Reserving Actuary
- New York, NY (19 miles from Summit, NJ)
- 8 days ago
- New York, NY (19 miles from Summit, NJ)
- 8 days ago
AVP, Reinsurance Reserving Actuar y New York, New York Who We Ar e SiriusPoint is a global underwriter of insurance and reinsurance....
VP Annuity Reinsurance and R D
- Bridgewater, NJ (15 miles from Summit, NJ)
- 8 days ago
- Bridgewater, NJ (15 miles from Summit, NJ)
- 8 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...
Senior Reinsurance Analyst-USA-EX
- New York, NY (19 miles from Summit, NJ)
- 9 days ago
- New York, NY (19 miles from Summit, NJ)
- 9 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...
- New York, NY (19 miles from Summit, NJ)
- 11 days ago
- New York, NY (19 miles from Summit, NJ)
- 11 days ago
Bachelor's Degree in a relevant discipline What we prefer you to have: CPCU, RPLU, CPLP or other industry designations Based in the NYC area A minimum of 5 years of cyber experience in insurance/reinsurance...
QA Lead with Sapiens Reinsurance"
- New York, NY (19 miles from Summit, NJ)
- 19 days ago
- New York, NY (19 miles from Summit, NJ)
- 19 days ago
QA Lead with Sapiens Reinsurance" Roll: QA Lead with Sapiens Reinsurance Master Experience Loc: NYC, NY Type: Contract Must Have Exp: Sapiens Reinsurance Exp JD: Role Summary: Sompo is seeking a QA...
Sales Director Reinsurance Solutions NA
- New York, NY (19 miles from Summit, NJ)
- 21 days ago
- New York, NY (19 miles from Summit, NJ)
- 21 days ago
About Swiss Re Reinsurance Solutions Reinsurance Solutions is a central pillar of our strategy, critical to the development of our core activities as well as developing new revenue streams for Swiss...
AVP, Reinsurance Treaty Underwriter
- New York, NY (19 miles from Summit, NJ)
- 23 days ago
- New York, NY (19 miles from Summit, NJ)
- 23 days ago
Preferred Competencies/Skills: Knowledge and understanding of General Liability, Commercial Auto and Umbrella Liability coverage. Familiarity with Treaty Contract language....
Senior Director - Reinsurance Data & Technology
- New York, NY (19 miles from Summit, NJ)
- 27 days ago
- New York, NY (19 miles from Summit, NJ)
- 27 days ago
States Senior Director - Reinsurance Data & Technology Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including...
Sales Manager - North America, Reinsurance Solutions - Hybrid or Remote
- New York, NY (19 miles from Summit, NJ)
- 27 days ago
- New York, NY (19 miles from Summit, NJ)
- 27 days ago
About Swiss Re Reinsurance Solutions Reinsurance Solutions is a central pillar of our strategy, critical to the development of our core activities as well as developing new revenue streams for Swiss...
QA Lead with Sapiens Reinsurance Master Experience
- New York, NY (19 miles from Summit, NJ)
- 30+ days ago
- New York, NY (19 miles from Summit, NJ)
- 30+ days ago
Experience on Reinsurance...
Business System Analyst with Sapiens Reinsurance Master Experience
- New York, NY (19 miles from Summit, NJ)
- 30+ days ago
- New York, NY (19 miles from Summit, NJ)
- 30+ days ago
Solid understanding of reinsurance transactions, including Treaty, Facultative, and Excess of Loss Prior experience with reinsurance software implementation, Reinsurance Master from Sapiens....
Demographic Data for Summit, NJ
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Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Summit, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Summit, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Analysis
- Cash Flow Management
- Claims Handling
- Waterfall
- Test Cases
- User Acceptance Testing
- Remote Support
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Annuities
- Employee Benefits
- Underwriting
- Balance Sheets
- Internal Control
- Claims
- Generally Accepted Accounting Principles
- Health and Wellness
- Financial Statements
- Account Reconciliation
- Financial Planning and Analysis
- Juris Doctor
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- SQL
- Accounting
- Negotiation
- Driving
- Auditing
- Presentation
- Data Analysis
- Flexibility
- Events
- Collaboration
- Reporting
- Documentation
- Interpersonal Skills
- Microsoft PowerPoint
- Sales
- Microsoft Office
- Problem Solving
- Project Management
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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