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.
Senior Manager, Ceded Reinsurance Claim
- Travelers Companies
- Blue Bell, PA (10 miles from Bala Cynwyd, PA)
- 2 days ago
- Blue Bell, PA (10 miles from Bala Cynwyd, PA)
- 2 days ago
complex reinsurer disputes....
In PersonVP I, CRO & Reinsurance Risk Manager North America
- Everest Group Ltd.
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 4 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 4 days ago
Logan and all Reinsurance Underwriting teams across the firm (incoming and outgoing), collaborating closely with the other ERM leaders....
HybridDivisional Reinsurance Executive - East
- Zurich Insurance Company Ltd.
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 7 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 7 days ago
Basic Qualifications Our ideal Divisional Reinsurance Executive will possess the following: Bachelors Degree and 5 or more years of related experience with a focus on Sales, F&I, Reinsurance, Operations...
In Person Full TimeManager, Ceded Reinsurance Placement
- Trisura Group J
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 10 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 10 days ago
Accountabilities include: Managing a portfolio of reinsurance placements from origination to signed contractsReviewing reinsurance structures, underwriting submissions, and terms and conditionsOwnership...
In PersonReinsurance Broking Director - Property and Casualty
- Aon Corporation
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 18 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 18 days ago
Data, Analysis & Documentation Gather, validate, and organize exposure, loss, and underwriting data from clients....
HybridReinsurance Contract Drafter (AVP/VP)
- Marsh
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 26 days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 26 days ago
We will 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...
Hybrid- Chubb
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 60+ days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 60+ days ago
The COG Reinsurance FP&A Analyst supports the financial planning and analysis activities for Chubb's overseas reinsurance business, reporting directly to the COG Reinsurance FP&A Leader....
In PersonAVP, Reserving & Loss Analytics (Reinsurance)
- Arch Capital Group Ltd.
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
- Philadelphia, PA (5 miles from Bala Cynwyd, PA)
- 90+ days ago
Candidates will be evaluated on: A minimum of 10 years' experience in progressively complex actuarial roles within the property and casualty insurance industry....
In PersonDemographic Data for Bala Cynwyd, PA
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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
- Intellectual Property Law
- Motion Practice
- Drafting
- General Accounting
- Client Management
- Mergers & Acquisitions
- Research and Writing
- Business litigation
- Commercial Litigation
- Drafting Pleadings
- System Implementation
- Patent Prosecution
- International Financial Reporting Standards
- Capital Markets
- Complex Litigation
- Technical Accounting
- Class Action Litigation
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Underwriting
- Litigation
- Claims
- Financial Statements
- Variance Analysis
- Internal Control
- Generally Accepted Accounting Principles
- Financial Planning and Analysis
- Reconciliations
- Legal Research & Writing
- Financial Reporting
- Reimbursement
- Microsoft Power BI
- Risk Management
- Finance
- Decision Making
- Negotiation
- Accounting
- Auditing
- Business Development
- Consulting
- Presentation
- Process Improvement
- Driving
- Documentation
- Coaching
- Employee Development
- Reporting
- Collaboration
- Flexibility
- Sales
- Microsoft Excel
- Research Skills
- Microsoft Office
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
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