Reinsurance Jobs in Waterford Works, 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.
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 3 days ago
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 3 days ago
Expand industry knowledge through the pursuit of formal designations such as CPCU, ARe, etc. Review accounting premium records against market statements for accuracy....
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 7 days ago
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 7 days ago
With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse...
Senior Engagement Lead - Reinsurance Technical Consulting
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 30+ days ago
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 30+ days ago
Industry Advocacy: Stay abreast of industry developments, emerging trends, and regulatory changes impacting claims management and reinsurance, and represent the company in industry forums and events...
Associate General Counsel, Reinsurance Legal
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 45+ days ago
- Philadelphia, PA (24 miles from Waterford Works, NJ)
- 45+ days ago
Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally....
Demographic Data for Waterford Works, NJ
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Salary for Reinsurance Jobs in Waterford Works, NJ
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Waterford Works, 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
- 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
- Juris Doctor
- Financial Planning and Analysis
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- SQL
- Accounting
- Auditing
- Driving
- Negotiation
- Presentation
- Interpersonal Skills
- Flexibility
- Data Analysis
- Events
- Collaboration
- Coaching
- Documentation
- Bachelor's Degree
- Reporting
- 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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