Reinsurance Jobs in Philadelphia, 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.
(ARe), Chartered Property & Casualty Underwriter (CPCU), etc....
Remote WorkExpand industry knowledge through the pursuit of formal designations such as CPCU, ARe, etc. Review accounting premium records against market statements for accuracy....
With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse...
Actuary, Annuity Financial Planning & Analysis Reinsurance
- Radnor, PA (14 miles from Philadelphia, PA)
- 27 days ago
- Radnor, PA (14 miles from Philadelphia, PA)
- 27 days ago
all Annuity reinsurance treaties As changes are made to treaties, partner with Annuity Reinsurance, Reinsurance Accounting, Valuation, and MRM to ensure that changes are made accurately to admin systems...
Senior Engagement Lead - Reinsurance Technical Consulting
- Philadelphia, PA
- 60+ days ago
- Philadelphia, PA
- 60+ 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
- 60+ days ago
- Philadelphia, PA
- 60+ days ago
Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally....
Demographic Data for Philadelphia, PA
Moving to Philadelphia, PA? Find some basic demographic data about Philadelphia, PA below.
Reinsurance Online Courses and Training Opportunities
Title Synonyms
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Salary for Reinsurance Jobs in Philadelphia, PA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Philadelphia, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Business Processes
- Business Analysis
- Implementation
- Claims Handling
- Waterfall
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Underwriting
- Internal Control
- Insurance Claims
- Generally Accepted Accounting Principles
- Claims
- Financial Statements
- Account Reconciliation
- Financial Planning and Analysis
- Reconciliations
- Fraud Investigation
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Accounting
- Auditing
- Negotiation
- Driving
- Presentation
- Interpersonal Skills
- Events
- Flexibility
- Data Analysis
- Employee Development
- Collaboration
- Reporting
- Documentation
- Coaching
- Bachelor's Degree
- Microsoft PowerPoint
- Microsoft Office
- Problem Solving
- Sales
- Microsoft Excel
- Time Management
- Research Skills
- Organization
- Scheduling
- Leadership
- Communication Skills
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