Reinsurance Jobs in Wayne, 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.
Ceded Reinsurance, Manager of Technical Accounting & Credit Control
- Exton, PA (12 miles from Wayne, PA)
- 3 days ago
- Exton, PA (12 miles from Wayne, PA)
- 3 days ago
Assisting in Reinsurance premium adjustments and reinsurance loss calculations for quota share and excess of loss reinsurance agreements are completed quarterly and in time and communicated to Reinsurers...
Chubb Associate - Reinsurance Contracts
- Philadelphia, PA (14 miles from Wayne, PA)
- 7 days ago
- Philadelphia, PA (14 miles from Wayne, PA)
- 7 days ago
Communicate and resolve issues with the business units finance teams and reinsurance intermediaries impacting efficient execution of ceded reinsurance programs....
Reinsurance Contract Services Associate
- Philadelphia, PA (14 miles from Wayne, PA)
- 11 days ago
- Philadelphia, PA (14 miles from Wayne, PA)
- 11 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...
AVP or Vice President - Reinsurance Actuary
- Philadelphia, PA (14 miles from Wayne, PA)
- 15 days ago
- Philadelphia, PA (14 miles from Wayne, PA)
- 15 days ago
Line of business focus: Personal lines Property (Cat and Non-Cat), Casualty, and Medical Malpractice....
- Philadelphia, PA (14 miles from Wayne, PA)
- 30+ days ago
- Philadelphia, PA (14 miles from Wayne, PA)
- 30+ days ago
Expand industry knowledge through the pursuit of formal designations such as CPCU, ARe, etc. Review accounting premium records against market statements for accuracy....
- Philadelphia, PA (14 miles from Wayne, PA)
- 30+ days ago
- Philadelphia, PA (14 miles from Wayne, PA)
- 30+ days ago
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...
Senior Engagement Lead - Reinsurance Technical Consulting
- Philadelphia, PA (14 miles from Wayne, PA)
- 60+ days ago
- Philadelphia, PA (14 miles from Wayne, 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...
Demographic Data for Wayne, PA
Moving to Wayne, PA? Find some basic demographic data about Wayne, PA below.
Reinsurance Online Courses and Training Opportunities
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Salary for Reinsurance Jobs in Wayne, PA
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Wayne, 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
- Test Cases
- User Acceptance Testing
- Data Migration
- Requirements Gathering
- Remote Support
- Gap Analysis
- Business Requirements
- General Liability
- Property and Casualty Insurance
- Claims Management
- Professional Liability
- Annuities
- Underwriting
- Generally Accepted Accounting Principles
- Claims
- Account Reconciliation
- Health and Wellness
- Reconciliations
- Juris Doctor
- General Ledger
- Client Services
- Financial Reporting
- Reimbursement
- Risk Management
- Relationship Management
- Decision Making
- Finance
- Analytical Skills
- Auditing
- Negotiation
- Accounting
- Driving
- Presentation
- Mentoring
- Events
- Data Analysis
- Employee Development
- Documentation
- Flexibility
- Reporting
- Critical Thinking
- Collaboration
- Interpersonal Skills
- Bachelor's Degree
- Microsoft PowerPoint
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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