Reinsurance Jobs in Bala Cynwyd, PA
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.
Reinsurance Placement Assistant
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 1 day ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 1 day ago
What makes you stand out: 2+ years of experience in a reinsurance intermediary firm, with a background in reinsurance underwriting support....
Associate II - Reinsurance Contract Services- US Locations
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 18 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 18 days ago
We can count on you to: Manage the complete lifecycle of a reinsurance contract for your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations...
Assumed Reinsurance Claim Handler
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
Chubb invites applicants for the position of Assumed Reinsurance Claim Handler for its Brandywine Group of Insurance and Reinsurance Companies, the group within Chubb which handles the majority of Chubb's...
Senior Reinsurance Credit Analyst
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
Senior Reinsurance Credit Analyst The Senior Reinsurance Credit Analyst will support the assessment and management of reinsurance counterparty risk by analyzing the financial strength of reinsurers,...
Demographic Data for Bala Cynwyd, PA
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Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Bala Cynwyd, PA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Bala Cynwyd, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Reconciliation
- Claims Handling
- Waterfall
- Test Cases
- Data Migration
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Claims Processing
- Arbitration
- Underwriting
- Litigation
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Juris Doctor
- Mediation
- General Ledger
- Client Services
- Financial Reporting
- Financial Analysis
- Estimating
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- Collections
- Analytical Skills
- Military Background
- SQL
- Accounting
- Written Communication
- Policy Administration
- Negotiation
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Employee Development
- Interpersonal Skills
- Bachelor's Degree
- Reporting
- Microsoft PowerPoint
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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