Claims Reinsurance Analyst

Brookfield Wealth Solutions, Ltd•Chicago, IL

2d•$86,000 - $101,500•Onsite

About The Position

We are looking for a highly capable Claims Reinsurance Analyst to join our team and work from our Chicago office. We work together in the office five days a week in order to strengthen our culture, build team connections, and drive profitability. The position reports to the VP, Reinsurance Claims and is focused on XOL and Facultative Reinsurance reporting, billing, and collection activities, including URS data validation and reconciliation. This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Requirements

Must have good business acumen (i.e. understand how an insurance company works and makes money, including how this role impacts both Argo Group and our customers’ ability to be profitable).
A practical knowledge of reinsurance accounting, as well as an exceptional customer service focus typically achieved through: A minimum of two years of reinsurance accounting experience
Bachelor’s degree from an accredited university in Accounting, Insurance or related degree required. Four additional years of related accounting experience beyond the minimum experience required above may be substituted in lieu of a degree.
Must work independently and demonstrate the ability to exercise sound judgment.
Must have excellent communication skills and the ability to build lasting relationships.
Excellent evaluation and analytical skills required.
Effective time management skills and ability to prioritize workload while handling multiple tasks and deadlines.
Ability to articulate the financial value of your work at multiple responsibility levels inside our clients’ business which may include CEO.
Ability to regularly exercise discretion and independent judgment with respect to matters of significance.
Demonstrates inner strength. Has the courage to do the right thing and demonstrates it on a daily basis.
A strong focus on execution in getting things done right.
Proven ability to consistently produce and deliver expected results to all stakeholders by: Finding a way to achieve success through adversity. Being solution (not problem) focused Thinking with a global mindset first.
Successful traits (flexibility, ability to thrive in change, being resourceful on your own) necessary to work in a fast paced environment that is evolving constantly.
Ability to develop and maintain productive relationships with business partners and organizational peers with a focus on timely and meaningful exchanges of information.
Exhibit natural and intellectual curiosity in order to consistently explore and consider all options and is not governed by conventional thinking.
Proficient in MS Office Suite and other business-related software(experience with URS Reinsurance Accounting System a plus).
Polished and professional written and verbal communication skills.
The ability to read and write English fluently is required.
Must demonstrate a desire for continued professional development through continuing education and self-development opportunities.

Nice To Haves

experience with URS Reinsurance Accounting System a plus

Responsibilities

Working under technical direction and within significant limits and authority, handle XOL and Facultative Reinsurance reporting, billing, and collection activities with a direct impact on departmental results.
Collaborating with Reinsurance Accounting on collection and related issues and URS data validation and reconciliation efforts.
Securing the timely and accurate settlement of reinsurance claims
Tracking open recoverable balances to ensure timely collection and follow-up.
Assisting with commutation and other strategic efforts