Reinsurance Jobs in Bensalem, 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 Transactional Auditor
- Princeton, NJ (24 miles from Bensalem, PA)
- 1 day ago
- Princeton, NJ (24 miles from Bensalem, PA)
- 1 day ago
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance....
Associate General Counsel, Reinsurance Legal
- Philadelphia, PA (15 miles from Bensalem, PA)
- 1 day ago
- Philadelphia, PA (15 miles from Bensalem, PA)
- 1 day ago
Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally....
Reinsurance Placement Assistant
- Philadelphia, PA (15 miles from Bensalem, PA)
- 12 days ago
- Philadelphia, PA (15 miles from Bensalem, PA)
- 12 days 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 (15 miles from Bensalem, PA)
- 29 days ago
- Philadelphia, PA (15 miles from Bensalem, PA)
- 29 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...
Demographic Data for Bensalem, PA
Moving to Bensalem, PA? Find some basic demographic data about Bensalem, PA below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Bensalem, PA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Bensalem, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Drafting
- Claims Handling
- Waterfall
- Test Cases
- Data Migration
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Property Insurance
- Annuities
- Claims Processing
- Underwriting
- Variance Analysis
- Claims
- Financial Statements
- Generally Accepted Accounting Principles
- Account Reconciliation
- Juris Doctor
- Client Services
- Financial Analysis
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- SQL
- Analytical Skills
- Accounting
- Written Communication
- Policy Administration
- Consulting
- Negotiation
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Data Analysis
- Employee Development
- Interpersonal Skills
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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