Reinsurance Jobs in Melville, NY
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.
Manager, Ceded Reinsurance Finance
- Greenwich, CT (21 miles from Melville, NY)
- 5 days ago
- Greenwich, CT (21 miles from Melville, NY)
- 5 days ago
Book and close Ceded Reinsurance Source System accounting, execution of contracts, processing of invoices, and recovery of reinsured losses....
AVP, Actuary, Pricing Reinsurance
- Stamford, CT (19 miles from Melville, NY)
- 7 days ago
- Stamford, CT (19 miles from Melville, NY)
- 7 days ago
Hands-on experience in reinsurance treaty pricing is preferred but we'll also consider candidates who have reserving experience and/or who are working outside of reinsurance....
Senior Reinsurance Underwriter, Property Treaty
- Stamford, CT (19 miles from Melville, NY)
- 7 days ago
- Stamford, CT (19 miles from Melville, NY)
- 7 days ago
preferred Professional qualifications (ARe, CPCU, etc.) preferred Excellent understanding of reinsurance markets, placement structures and underwriting approaches Experienced and established relationships...
- Stamford, CT (19 miles from Melville, NY)
- 90+ days ago
- Stamford, CT (19 miles from Melville, NY)
- 90+ days ago
Roles & Responsibilities, including but not limited to: Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella....
Reinsurance Contracts Specialist
- Stamford, CT (19 miles from Melville, NY)
- 90+ days ago
- Stamford, CT (19 miles from Melville, NY)
- 90+ days ago
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries....
Demographic Data for Melville, NY
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Salary for Reinsurance Jobs in Melville, NY
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Melville, NY offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Processes
- Business Analysis
- Implementation
- Claims Handling
- Waterfall
- Test Cases
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- Gap Analysis
- Software Implementation
- Personal Lines
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Internal Control
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- Reconciliations
- Juris Doctor
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Accounting
- Negotiation
- Driving
- Presentation
- Mentoring
- Events
- Data Analysis
- Employee Development
- Interpersonal Skills
- Documentation
- Flexibility
- Reporting
- Collaboration
- 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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