Reinsurance Claim Specialist
Chubb
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- Location
- Philadelphia, PA
- Job type
- Full time
- Posted
- Oct 21
- 2 days ago
Career path
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About the company
Chubb
Insurance · 10,001+ employees
What you'll do
- Ensure claims are reported timely and in accordance with the reinsurance contract terms
- Verify billings are completed timely and accurately
- Track, Monitor and Collect open ceded loss recoverable balances
- Report accurate status of billings and collections as required
- Manage SOX functions and audit testing (Internal/External)
- Support Chubb business units and interact with brokers/reinsurers
- Proactively identify issues and recommend effective solutions
- Provide assistance with the monthly close process
What you need
- Strong writing and verbal communication skills
- Excel skills
- Strong aptitude for math
- Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)
- Ability to collaborate with other units within the department, the company and reinsurance partners
Key skills
Excel skillsStrong aptitude for mathMicrosoft applicationsAbility to collaborate
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Read the full posting here
Reporting to a Manager, Ceded Claims, Reinsurance Services, this position is responsible for the day to day reinsurance claim operations in North America. The ceded reinsurance billings are primarily proof billed but validation of all claims is required. Timely billings and collections of loss balances are a key element of the work. Provide accurate and complete billing packages; respond to reinsure and broker queries, resolve disputed claims and provide recommendations on compromised claims with a view to maximizes cash flow. The department provides business units and other constituencies with reliable and cost effective processing and reporting services.
Key Responsibilities:
Ensure claims are reported timely and in accordance with the reinsurance contract terms
Verify billings are completed timely and accurately
Track, Monitor and Collect open ceded loss recoverable balances
Report accurate status of billings and collections as required
Manage SOX functions and audit testing (Internal/External)
Support Chubb business units and interact with brokers/reinsurers
Proactively identify issues and recommend effective solutions
Provide assistance with the monthly close process
Strong writing and verbal communication skills
Excel skills
Strong aptitude for math
Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)
Ability to collaborate with other units within the department, the company and reinsurance partners