Claims Representative, Senior Claims Representative, Claims Specialist – Assumed Reinsurance
Cisco
full-time
Posted on:
Location Type: Hybrid
Location: Cincinnati • Connecticut • Florida • United States
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Salary
💰 $69,000 - $90,000 per year
Job Level
About the role
- Reviews assumed reinsurance claims comprised primarily of asbestos, environmental, and other long-tail claims.
- Ensures that reinsurance claim cessions are within applicable contract requirements.
- Verifies coverage and cession amounts, and requests information from ceding companies to evaluate claim cessions.
- Prepares claim summaries on billed claims, posts claim reserves and prepares support for claim payments.
- Identifies potential claims issues and makes recommendations to management regarding claim disposition.
- Communicates reinsurance coverage positions as directed by management.
- Alerts management of substantial losses.
- Assists management with the preparation of summaries on significant losses for monthly reports to senior management.
- Documents and maintains records of loss submissions, reserves, queries, and payments.
- Ensure reinsurance claim transactions are recorded in a timely and accurate manner.
- Participates in reinsurance projects as needed.
- Provides guidance and assistance to other functional areas.
- Performs other duties as assigned.
Requirements
- Bachelor’s degree or equivalent experience.
- 0-10 years of reinsurance claims experience.
- Some knowledge of reinsurance is preferred.
- Proficiency in Microsoft365 suite of products, specifically Excel.
- Familiarity with reinsurance contracts is a plus.
- Professional writing and oral communication skills.
- Ability to manage and prioritize concurrent assignments and responsibilities.
Benefits
- medical, dental, and vision coverage
- wellness plans
- parental leave
- adoption assistance
- tuition reimbursement
- Paid Time Off
- paid holidays
- 401(k) plan with company match
- employee stock purchase plan
- commuter benefits
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
reinsurance claimsclaim cessionscoverage verificationclaim summariesclaim reservesclaim paymentsloss submissionsreinsurance transactionsMicrosoft Excel
Soft Skills
professional writingoral communicationmanagementprioritizationorganizational skills
Certifications
Bachelor’s degree