Reinsurance Claims Expertise
3 weeks ago
Job Title: Reinsurance Claims Expertise
About the Role:
The Working Earth is seeking a knowledgeable Reinsurance Claims Expert to join our team. As a key member of our claims function, you will be responsible for investigating and settling complex reinsurance claims with a focus on high-value and high-risk cases.
Key Responsibilities:
- Conduct thorough investigations of complex reinsurance claims to determine coverage, liability, and loss amounts.
- Interpret reinsurance contracts and policies to determine coverage and obligations.
- Negotiate with cedents, claimants, and other parties involved in the claim to reach fair and equitable settlements.
- Resolve disputes and conflicts that may arise during the claims process.
- Authorize and process claim settlements within established guidelines and procedures.
Requirements:
- A bachelor's degree in insurance, law, risk management, business administration, or a related field.
- Professional certifications like the IISA are strongly preferred.
- Minimum of 5 years of experience in reinsurance claims handling, with a focus on complex and high-value claims.
- Demonstrated ability to lead and mentor claims teams in a senior role.
Skills:
- A deep understanding of reinsurance contracts claims processes, and industry best practices.
- Strong analytical and problem-solving abilities, with the capacity to make informed decisions under pressure.
- Excellent leadership and people management skills, demonstrated by the ability to motivate and develop team members.
- Exceptional negotiation skills, particularly in handling complex claims and resolving disputes effectively.
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