Reinsurance Jobs in Folsom, 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.
- Radnor, PA (12 miles from Folsom, PA)
- 2 days ago
- Radnor, PA (12 miles from Folsom, PA)
- 2 days ago
to Reinsurer Audit requests....
Senior Engagement Lead - Reinsurance Technical Consulting
- Philadelphia, PA (9 miles from Folsom, PA)
- 9 days ago
- Philadelphia, PA (9 miles from Folsom, PA)
- 9 days ago
Industry Advocacy: Stay abreast of industry developments, emerging trends, and regulatory changes impacting claims management and reinsurance, and represent the company in industry forums and events...
Associate General Counsel, Reinsurance Legal
- Philadelphia, PA (9 miles from Folsom, PA)
- 14 days ago
- Philadelphia, PA (9 miles from Folsom, PA)
- 14 days ago
Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally....
Demographic Data for Folsom, PA
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Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Folsom, PA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Folsom, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Visual Basic
- Implementation
- Cash Flow Management
- Claims Handling
- Selenium
- VBScript
- HP QuickTest Pro
- Test Cases
- Data Migration
- Team Foundation Server
- Software Testing
- Corporate Finance
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Claims Management
- Property Insurance
- Annuities
- Underwriting
- Balance Sheets
- Claims
- Generally Accepted Accounting Principles
- Financial Statements
- Health and Wellness
- Account Reconciliation
- Juris Doctor
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Finance
- SQL
- Analytical Skills
- Decision Making
- Accounting
- Negotiation
- Auditing
- Verbal Communication
- Driving
- Policy Administration
- Presentation
- Flexibility
- Mentoring
- Events
- Documentation
- Interpersonal Skills
- Collaboration
- Employee Development
- 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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