Reinsurance Complex Claims Analyst
Compre Group
full-time
Posted on:
Location Type: Remote
Location: New Hampshire • United States
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About the role
- Proactively handle allocated claims to a high standard, including overall assessment of losses and reserves, and negotiation with counterparties to achieve timely settlements
- Manage mid to large complex and disputed claims
- Identify and report new trends or changes in the behavior of claims portfolio
- Act as main contact and account manager of all assumed claims made by assigned cedent
- Review and conduct analysis of reinsurance contracts. Evaluate coverage and all issues presented in claim cession, prepare claim inquiries, position letters and settlement agreements with minimal oversight
- Conduct on-site and/or virtual claim audits of ceding companies
- Identify and deliver opportunities for claims savings
- Provide technical assistance in the due diligence process for new acquisitions, including the assessment of claims-related risks and opportunities
- Understand new accounts upon acquisition, deliver against opportunities identified in due diligence
- Manage arbitration/litigation and testify on behalf of the company as a witness in arbitration/litigation activity when required
- Provide training and technical support to less experienced team members
- Master the review and analysis of complex treaty programs and facultative certificates, complex coverage and contract issues and an understanding of underlying claims
Requirements
- Minimum of 5-7 years of handling complex assumed claims and coverage experience preferred.
- Experience with either asbestos, pollution and/or abuse claims would be highly desirable.
- Four-year college degree required or equivalent work experience.
- High level of claims handling technical experience and knowledge, providing consistently high-quality claims handling.
- Knowledge of key terms and conditions in contracts / policies and general knowledge of key legal positions in relevant jurisdictions.
- Effective verbal and written communication skills
- Understanding of data analysis and trends.
- Embodiment of Compre’s Values and demonstration of Compre’s Commitment.
- Ability to develop good working relationships with both internal and external stakeholders.
- Consistently acts as a role model to other members of the team.
- Coordination and collaboration with colleagues in other departments within Compre.
- Progressive and a flexible, open-minded approach to change.
- Upholds confidentiality in relevant situations in respect to policy and role.
Benefits
- Flex First
- Competitive salary and bonus eligible
- Medical, EAP, dental, & vision insurance for individuals and families
- 401k with Company Match
- Company Off-Site Meetings
- Remote Worker Expenses
- Health and Wellbeing Programs
- Employee Referral Program
- Advancing your professional development through ongoing learning opportunities.
- Generous vacation and holiday schedule with STD & LTD coverage
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
claims handlingnegotiationreinsurance contract analysisclaims assessmentdata analysisarbitrationlitigationdue diligencecoverage evaluationclaims savings identification
Soft Skills
effective communicationrelationship buildingteam collaborationrole modelingflexibilityopen-mindednessconfidentialitytrainingtechnical supportproblem-solving
Certifications
four-year college degree