SearchLocation
Home > United States > Georgia > Atlanta > mining resources energy

Ceded Reinsurance Specialist


Ceded Reinsurance Specialist

Ceded Reinsurance Specialist

The RiverStone Group
Atlanta, GA 30339

Job details

Job Type

Full-time

Job Title


Ceded Reinsurance Specialist


Location


Hybrid (Manchester, NH) Remote (considered)


Summary


Under moderate supervision, the Ceded Reinsurance Specialist is responsible for collecting complex reinsurance recoverables due from reinsurers. The Ceded Reinsurance Specialist will also participate in reinsurance and company projects as assigned.


Essential Functions


  • Collect reinsurance recoverable balances in accordance with business rules, including placing direct phone calls and emails
  • Ensures that reinsurance claims handling is conducted in accordance with applicable contract requirements.
  • Escalate complex collection issues and disputes appropriately
  • Review and respond to correspondence from reinsurers and/or brokers including providing substantive analysis of claim and reinsurance issues as necessary
  • Coordinate with Claims team to ensure reinsurance reports are produced consistent with reinsurance reporting obligations
  • Must have sound analytical, interpersonal and communication skills (both written and verbal) with the ability to work effectively with reinsurers, peers and management teams
  • Must have sound negotiation skills
  • Ensure accuracy of records and adherence to internal controls
  • Proactively identify collection issues and recommend effective solutions
  • Recommend improvements to contract and collections processes
  • Have understanding of Schedule F and impact aged recoverables have on surplus restrictions and penalties.
  • May support reinsurance system improvements through user acceptance testing
  • Maintains high degree of confidentiality
  • Contribute to all assigned departmental and/or company objectives and initiatives
  • Serves on organizational committees and projects as assigned

Related Functions:

  • Support to reinsurance counsel on pending arbitration and litigation as necessary
  • Support commutations, novations, consolidations, acquisitions and migrations as needed
  • Support as needed to internal audit inquiries as necessary

Required Skills

  • Strong service orientation
  • Intermediate understanding of reinsurance and related contract language
  • Intermediate understanding of underlying claims, including coverage issues and allocation analysis
  • Intermediate understanding of reinsurance issues
  • Ability to work independently with moderate supervision
  • Ability to manage time effectively, set priorities and meet deadlines
  • Proficient use of common business applications such as Excel, Word, Outlook
  • High level of competency with Reinsurance Systems


Experience


  • Min of 3 - 5 years experience in reinsurance collections or equivalent reinsurance or direct claims experience, with background in APH business.

Required Education


Two-year college, trade, or technical school required; Bachelor’s degree preferred


Preferred Education or Certification


Completion of or intent to begin coursework toward professional designation (ARe, CLIP) within 18 months of hire


Supervisory Role


None


Travel


None


Work Environment / Physical Demands


This position operates in a professional cubicle based collaborative environment and must have the ability to timely produce thorough, accurate work with many competing demands, deadlines, and distractions. The position uses standard equipment such as phones, computers, copiers/printers and filing cabinets. Noise level is moderate. While this is a largely sedentary role, the employee is regularly required to talk or hear; stand; walk; bend; use hands to handle or feel; and reach with hands and arms. On occasion the individual must be able to lift and transport boxes weighing up to 30 pounds.

Other Duties (Disclaimer Statement)

RiverStone retains the right to change or assign other duties to this position as needed, OR

Other duties or responsibilities may change or be assigned as needed.


Core Competencies


Learning on the Fly:
Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.

Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.

Process Management: Good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can’t; can simplify complex processes; gets more out of fewer resources.

Sizing Up People: Is a good judge of talent; after reasonable exposure, can articulate the strengths and limitations of people inside or outside the organization; can accurately project what people are likely to do across a variety of situations.

Ethics and Values: Adheres to an appropriate( for the setting) and effective set of core values and beliefs during both good and bad times; acts in line with those values; rewards the right values and disapproves of others; practices what he/she preaches.

Functional/Technical Skills: Has the functional and technical knowledge and skills to do the job at a high level of accomplishment.

Action Oriented: Enjoys working hard; Is action oriented and full of energy for the things he/she sees as challenging; not fearful of acting with minimum planning; Seizes more opportunities than others.


Hiring Insights

Hiring for this role


• Mobile: NA

• Location: NA

• Post ID: 21460863


Home | My Account | Contact | Privacy | Terms | Free Classifieds | Free ads
bedpage is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2022  bedpage