Reinsurance Jobs in Spring Valley, 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 (22 miles from Spring Valley, NY)
- 17 days ago
- Greenwich, CT (22 miles from Spring Valley, NY)
- 17 days ago
Book and close Ceded Reinsurance Source System accounting, execution of contracts, processing of invoices, and recovery of reinsured losses....
Manager, Ceded Reinsurance Finance
- Greenwich, CT (22 miles from Spring Valley, NY)
- 30+ days ago
- Greenwich, CT (22 miles from Spring Valley, NY)
- 30+ days ago
Book and close Ceded Reinsurance Source System accounting, execution of contracts, processing of invoices, and recovery of reinsured losses....
Demographic Data for Spring Valley, NY
Moving to Spring Valley, NY? Find some basic demographic data about Spring Valley, NY below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Spring Valley, NY
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Spring Valley, NY offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Agile
- Business Processes
- Claims Handling
- Simple Object Access Protocol
- Waterfall
- User Acceptance Testing
- Data Migration
- Remote Support
- System Integration
- Software Implementation
- Property and Casualty Insurance
- Claims Management
- Annuities
- Claims Processing
- Arbitration
- Underwriting
- Litigation
- Insurance Claims
- Claims
- Generally Accepted Accounting Principles
- Account Reconciliation
- Reconciliations
- Juris Doctor
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Billing
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Negotiation
- Consulting
- Policy Administration
- Written Communication
- Events
- Strategic Planning
- Accounting
- Employee Development
- Documentation
- Presentation
- Driving
- Mentoring
- Flexibility
- Data Analysis
- Reporting
- Collaboration
- Interpersonal Skills
- Microsoft PowerPoint
- Project Management
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Leadership
- Communication Skills
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