Assumed Reinsurance Claims Analyst [or Complex]

Reporting to a Manager, Assumed Claims this role handles assumed claims, including identification of coverage and liability issues, claim evaluation, establishment of adequate reserves, and transaction processing.

Requirements

• Handles moderate to high volume of low to moderately complex assumed claims effectively.
• Directly handles and/or assists in monitoring, reviewing, and coordinating the activities involving assumed reinsurance claims, including analysis of reinsurance contracts, and underlying direct coverage issues, establishment of adequate reserves, payment as appropriate and the resolution and closure of claims.
• Operates effectively in Company and Departmental systems.
• Coordinates and manages workload so day to day claim handling functions remain prioritized.
• Provides recommendations on reserves and payments.
• Interacts with cedants and brokers in the investigation of assumed claims.
• Participates in settlement negotiations in coordination with management.
• Prepares written reports as necessary.
• Assists in reporting to retrocessionaires and supporting the Reinsurance Department’s collections.
• Serves on Companywide committees and projects as assigned.
• Works to continuously improve RiverStone’s business processes/systems.
• Consistently delivers superior customer service to both internal and external business partners.
• Maintains confidentiality.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Retirement plan
• Paid time off
• Vacation days
• Sick leave
• Holidays
• Employee assistance program