Casualty Complex Claims Examiner
About The Position
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with: Integrity Work honestly, to enhance TransRe’s reputation Respect Value all colleagues. Collaborate actively. Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths Entrepreneurship Seize opportunities. Innovate for and with customers. Customer Focus Anticipate their priorities. Exceed their expectations. We have the following job opportunity in our New York City office: Description We are seeking an experienced reinsurance claims examiner to manage a portfolio of casualty claims in our New York City office. This position is a great opportunity for experienced claims examiner to assume responsibility for a growing book of business.
Requirements
- 5+ years of (re)insurance casualty claims handling experience, treaty and facultative
- JD degree is strongly preferred
- Litigation experience is a plus
- Strong analytical and writing skills
- Ability to work well independently and within a team
Responsibilities
- Evaluating and making independent coverage determinations on complex casualty reinsurance claims, including general liability, automobile, workers’ compensation, excess and umbrella liability, products liability, construction defect, environmental, and other long-tail casualty claims
- Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to assess coverage triggers, limits application, exclusions, allocation issues, and strategy alignment
- Establishing and maintaining accurate loss and expense reserves
- Ensuring timely and accurate claim payments
- Conducting detailed claim audits of cedent files and preparing comprehensive audit reports with findings, recommendations, and risk assessments
- Assessing extra-contractual obligations (ECO) and excess of policy limits (XPL) exposures and providing recommendations
- Interfacing effectively with underwriters, brokers, cedents, external counsel, actuaries, and senior claims management
- Providing coverage and exposure feedback to underwriting to support risk selection and portfolio management, including identifying trends and emerging claim issues impacting casualty portfolios
- Preparing clear, concise claim summaries and presenting material exposures to management
- Ensuring compliance with regulatory requirements, contractual obligations, and internal audit standards, and maintaining documentation and claim file integrity in accordance with company policies and best practices
Benefits
- comprehensive benefits package
- paid time off
- incentive pay opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
